The Nigeria Revenue Service (NRS) generated ₦21.6 trillion in the first half of 2026, a 49% year-on-year increase, according to an Economic Snapshot Report obtained from the Presidency.
‎In every economy, institutions matter, but so do the individuals at the helm. In Nigeria, where government revenues remain critical to funding budgets, servicing debt, and financing development, a few public officials wield enormous influence by virtue of the agencies they oversee.
NRS Launches Rev360 to Track Tax Defaulters, Simplify Compliance
The Nigeria Revenue Service (NRS) has launched Rev360, a digital tax administration platform designed to identify tax defaulters and simplify compliance for taxpayers.
Executive Chairman Dr Zacch Adedeji described Rev360 as a transformational tool that will support...
The Nigeria Revenue Service (NRS) has set a target of ₦40 trillion in tax revenue for 2026, stressing the importance of collaboration with states to achieve the goal.
The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has launched a unified Taxpayer Identification (Tax ID) system for all taxable persons in Nigeria.
NRS Raises Alarm Over Illicit Capital Outflows, Recovers N80bnÂ
The Nigeria Revenue Service (NRS) has stated that it recovered over N80bn from illicit financial flows within a three- to five-year window. It urged private sector operators to strengthen due diligence and help curb capital flight.
The...