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Article

Nigeria Revenue Service mandates large taxpayers adopt e-invoicing by July 31, 2026

Investors King Jul 20, 2026
Read the original Article page

TL;DR

The Nigeria Revenue Service (NRS) has begun compliance monitoring for large taxpayers under a mandatory National E-Invoicing and Electronic Fiscal System, branded the Merchant Buyer Solution.

Intelligence

The July 31, 2026 deadline follows a public notice issued on February 17, 2026. The system gives the NRS real-time visibility into commercial transactions to improve tax reporting accuracy and reduce unreported invoices.

Affected companies must register, integrate their accounting or enterprise systems via approved Access Point Providers or System Integrators, and ensure all received invoices carry a valid Invoice Reference Number, with enforcement action threatened for non-compliance, though specific penalties were not disclosed.

This mandate is a direct signal that the NRS is moving from voluntary digital tax compliance toward enforced real-time transaction monitoring for Nigeria's largest corporate taxpayers.

Funding extracted from this article

0

No funding rounds were extracted from this article.

Regulatory activity extracted

1
Nigeria Revenue Service Compliance requirement

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0

No tenders were extracted from this article.

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