In June 26, 2025, Nigeria’s Presidency signed into law four significant Tax Reform Bills, including a new Tax Act, aimed at overhauling Nigeria’s tax landscape. The four Tax Reform Bills, now signed into law and collectively known as the Tax Reform Acts, are:… Download Full Snippet

The Nigeria Revenue Service (Establishment) Act, 2025 marks a significant shift in the country’s tax administration framework. The Act formally rebrands the Federal Inland Revenue Service (FIRS) as the Nigeria Revenue Service (NRS), establishing it as the central authority for tax administration in Nigeria. Importantly, this change is not merely cosmetic, the Act empowers the …