Ibadan tax compliance

Understanding VAT in Nigeria: Latest Rates and Rules for 2026

Nigeria VAT 2026: New Rates, E-Invoicing Rules & What Changed Big changes hit on January 1, 2026. The Federal Inland Revenue Service is now called the Nigeria Revenue Service. Go ahead and call it NRS for short. E-invoicing is mandatory for most businesses now. Foreign digital providers have to register to charge VAT. And the list of zero-rated items got…

Top 5 Common Accounting Mistakes Nigerian SMEs Make (And How to Avoid Them)

Top 5 Common Accounting Mistakes Nigerian SMEs Make (And How to Avoid Them) Accounting mistakes cost Nigerian SMEs millions every year. Tax penalties. Missed deductions. Poor business decisions. Lost investor confidence. The saddest part? Most of these mistakes are completely preventable. You do not need to be a chartered accountant to avoid them. You just need awareness of what goes…

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