The Chairman of the Nigerian Revenue Service (NRS), Zach Adedeji, has received widespread commendation following the commissioning of the agency’s new headquarters in Abuja, with supporters highlighting both infrastructural progress and fiscal policy gains under the current administration.
Starting January 19, 2026, Nigerians will begin paying a 7.5 per cent value-added tax (VAT) on selected banking services, following a government-backed directive aimed at expanding tax coverage within the financial sector. The new VAT charge will apply to specific electronic banking services, including mobile bank transfers, USSD transactions and card issuance fees.
The Nigeria Revenue Service (NRS), formerly known as the Federal Inland Revenue Service (FIRS), has officially unveiled its new institutional identity, complete with a refreshed official logo. This marks the full commencement of tax and revenue reforms signed into law by President Bola Ahmed Tinubu in 2025. The announcement, shared via an official press release, […]








