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#Taxfile Reel by @nigeriarevenue (verified account) - Don't miss Tax File📺🗣️🎙️!!! Your weekly dose of tax news, insights and updates from the NRS. Stay informed, stay compliant. Use the link in the pr
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@nigeriarevenue
Don’t miss Tax File📺🗣️🎙️!!! Your weekly dose of tax news, insights and updates from the NRS. Stay informed, stay compliant. Use the link in the profile directory to watch Tax File on YouTube 👆🏿 #TogetherWeRise #NigeriaRevenueService
#Taxfile Reel by @viralpointng - January 2026 marked a defining moment in Nigeria's fiscal history. With the official commencement of the, the nation signalled not just a change in na
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@viralpointng
January 2026 marked a defining moment in Nigeria’s fiscal history. With the official commencement of the, the nation signalled not just a change in name from the Federal Inland Revenue Service to Nigeria Revenue Service, but the beginning of a deliberate and strategic modernisation of tax administration. For months, anticipation built across the country. Traders, entrepreneurs, professionals, and policymakers all wondered what the new system would mean. Today, the answer is becoming clearer: the NRS represents a structured, technology-driven, and citizen-focused approach to taxation in Nigeria. The transition to the NRS was not cosmetic. It was backed by a comprehensive legislative overhaul designed to simplify and strengthen Nigeria’s tax system. The Nigeria Revenue Service (Establishment) Act replaced the previous FIRS Act, expanding the mandate of the agency and positioning it as a more coordinated and empowered institution. The Nigeria Tax Act consolidated various tax laws into a more coherent and accessible framework, reducing fragmentation and ambiguity. Meanwhile, the Nigeria Tax Administration Act clarified procedures for assessment, collection, and enforcement across jurisdictions.
#Taxfile Reel by @cityreport24 - What You Should Know About Tax Filing as Deadline Ends #DailyTrust #trusttvnews # City Report
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@cityreport24
What You Should Know About Tax Filing as Deadline Ends #DailyTrust #trusttvnews # City Report
#Taxfile Reel by @shaddytoks - We understand that many members have recently received formal notices from the Nigerian Revenue Service (NRS) regarding meetings to review and assess
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@shaddytoks
We understand that many members have recently received formal notices from the Nigerian Revenue Service (NRS) regarding meetings to review and assess accounts for retrospective tax compliance and remittance obligations. Recognizing the significant implications of these assessments, including potential penalties and regulatory sanctions, the Executive Committee of the NCRIB Lagos Area Committee (NCRIB-LAC), under leadership of Mr. Olufemi Oduwole, FIIN, FCIB, has proactively arranged a crucial session to support our members. We have secured the expertise of a leading tax authority in Nigeria to provide practical guidance, clarify expectations, and equip members with effective strategies for managing engagement with the NRS professionally. *Topic:* *Internal Controls and Digital Tax Compliance: Brokers’ Expectations for Nigerian Revenue Service (NRS) Tax Assessment* This session will provide: * Clear understanding of NRS assessment procedures * Guidance on strengthening internal tax controls * Insights into digital tax compliance
#Taxfile Reel by @official.neaf - Nigeria's VAT Collections Hit N2.28 Trillion in Q3 2025, Up 10.7% (NBS) VAT collections climbed to N2.28 trillion in Q3 2025 a solid 10.7% rise from
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@official.neaf
Nigeria’s VAT Collections Hit N2.28 Trillion in Q3 2025, Up 10.7% (NBS) VAT collections climbed to N2.28 trillion in Q3 2025 a solid 10.7% rise from Q2! Local VAT led with N1.12 trillion, followed by foreign VAT (N680.23bn) and import VAT (N479.79bn). Strong growth in manufacturing, trade and services drove the increase. Year-on-year, collections jumped 28.09%. #NigeriaVAT #NBSReport #TaxRevenue #NigeriaEconomy #FiscalGrowth
#Taxfile Reel by @oboroandco - The Nigeria Tax Act 2025, signed into law as part of a broader tax reform package, aims to simplify the country's tax structure, improve compliance, a
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@oboroandco
The Nigeria Tax Act 2025, signed into law as part of a broader tax reform package, aims to simplify the country’s tax structure, improve compliance, and create a more transparent system for individuals and businesses.  One notable change is the introduction of a rent relief deduction, allowing individuals who pay rent to deduct up to 20% of their annual rent (capped at ₦750,000) from their taxable income.
#Taxfile Reel by @nationalinsurancecommission - The Commissioner for Insurance National Insurance Commission, Mr Olusegun Ayo Omosehin at The Insurance Sector Transformation Consultative Forum held
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@nationalinsurancecommission
The Commissioner for Insurance National Insurance Commission, Mr Olusegun Ayo Omosehin at The Insurance Sector Transformation Consultative Forum held in Lagos on Thursday 5th March 2026. #NAICOM #NIIRA2025 #INSURANCE
#Taxfile Reel by @ntanetwork (verified account) - "Tax is law." - Dr. Olufemi Michael Olarinde. On #NTATuesdayLive, Dr. Olarinde clarifies that tax declaration is not optional; it is a constitutional
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@ntanetwork
"Tax is law." — Dr. Olufemi Michael Olarinde. On #NTATuesdayLive, Dr. Olarinde clarifies that tax declaration is not optional; it is a constitutional duty under Section 24. While your employer pays your PAYE, the "Side Hustle" and extra income are your responsibility to declare via self-assessment. Think the taxman won't find out? Think again. Dr. Olarinde warns that tax authorities use: 🔹 Intelligence gathering 🔹 Lifestyle audits (comparing your lifestyle to your declared income) 🔹 Best of Judgement (BOJ) assessments Don't wait for an audit. Voluntary compliance is the safest path. 🇳🇬 #TaxLaw #NigeriaEconomy #LifestyleAudit #FIRS #FCTIRS #NTATuesdayLive
#Taxfile Reel by @ntanetwork (verified account) - In a major fiscal reform step, the Finance Minister has signed the Presumptive Tax Guidelines to standardize taxation across the informal sector. The
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@ntanetwork
In a major fiscal reform step, the Finance Minister has signed the Presumptive Tax Guidelines to standardize taxation across the informal sector. The policy seeks to simplify compliance, improve transparency, and strengthen government revenue by aligning legal provisions with practical implementation capacity. #EconomicReform #TaxPolicy #NigeriaBusiness #FiscalUpdate #InformalEconomy #RevenueGrowth #FinanceMinistry
#Taxfile Reel by @investment_one (verified account) - Filing your tax return isn't only your employer's job… it's yours too. Every eligible Nigerian is required to file before March 31. In this video, w
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@investment_one
Filing your tax return isn’t only your employer’s job… it’s yours too. Every eligible Nigerian is required to file before March 31. In this video, we explain why this shift matters, and what it could mean in the years ahead. #TaxCompliance #InvestmentOne #FinancialAwareness #NigeriaFinance
#Taxfile Reel by @interswitchgroup (verified account) - Across Africa, public tax revenue collection and reconciliation are undergoing significant evolution... At Interswitch Group, we've got a unique pers
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@interswitchgroup
Across Africa, public tax revenue collection and reconciliation are undergoing significant evolution... At Interswitch Group, we’ve got a unique perspective; being perhaps the only accredited solution-provider in Africa presently supporting the apex revenue authorities across 2 of the largest and most significant economies on the continent, #Nigeria🇳🇬 and #Kenya🇰🇪 simultaneously, to help businesses and institutions of all sizes automate tax compliance, reduce manual errors, and integrate directly with the Nigeria Revenue Service (NRS) Merchant Buyer Solution (NRSMBS) and KRA(KENYA REVENUE AUTHORITY) Authority (KRA) Electronic Tax Invoice Management System (eTIMS) respectively. These initiatives underscore our commitment towards the rapid adoption of digital tax compliance systems across Africa, with a view to boosting revenue transparency and helping businesses meet evolving tax regulatory standards. Seats are fast filling up, and today is the final day of registrations for the 2026 Nigeria Revenue Summit (Lagos) edition, powered by Interswitch, where we’ll be sharing compelling and actionable insights and showcasing relevant solutions, leveraging our unique perspective from being at the forefront of supporting public revenue system optimization across Africa for close to 2 decades. Register now at https://nigeriarevenuesummit.com/ to join us tomorrow! #NigeriaRevenueSummit2026 #InsightsFromTheSwitch💡 #NeverS20P⏩ WinningInTheNewTaxLandscape

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