by Stren & Blan Partners | May 7, 2026 | Tax
Nigeria’s tax administration is on the brink of a major transformation as the Nigeria Revenue Service prepares to roll out Rev360, a next generation revenue platform, on April 30, 2026. The initiative is designed to improve...
by Stren & Blan Partners | Apr 20, 2026 | Tax
On 1 April 2026, the Federal Government through a Circular signed by the Honourable Minister of Finance and Coordinating Economy, approved the implementation of the 2026 Fiscal policy measures by introducing a comprehensive review of Nigeria’s import tariff structure...
by Stren & Blan Partners | Feb 12, 2026 | Insight, Tax
Following the enactment of Nigeria’s comprehensive tax reform legislation in June 2025, the Nigeria Revenue Service (NRS) has, on 3 February 2026, provided clarification on the effective dates and application of the new tax laws. This alert provides critical...
by Stren & Blan Partners | Dec 5, 2025 | Insight, Tax
The Federal Inland Revenue Service (FIRS) has introduced a 10% Withholding Tax (WHT) on interest earned from short-term investments such as treasury bills, promissory notes, and corporate bonds which applies to both individual and corporate investors. Effective from...
by Stren & Blan Partners | Sep 1, 2025 | Insight, Tax
The Federal Inland Revenue Service (FIRS) is changing how businesses issue invoices and report Value Added Tax (VAT). The new mandatory electronic invoicing (e-invoicing) system introduced by the FIRS Public Notice issued on 9 July 2025, officially announced the...
by Stren & Blan Partners | Aug 6, 2025 | Insight, Tax
On 30th April 2025, Lagos State Internal Revenue Service (LIRS) released a Public Notice to clarify how to operate the 2024 Withholding Tax Regulations within the State. The Notice flows directly from the Deduction of Tax at Source (Withholding) Regulations 2024,...
