Understanding VAT in Nigeria: Latest Rates and Rules for 2026
Understanding VAT in Nigeria: Latest Rates and Rules for 2026 Big changes arrived on January 1, 2026. The Federal Inland Revenue Service is now the Nigeria Revenue Service. E-invoicing is mandatory. Digital service providers must register. The list of zero-rated items expanded dramatically. If your business charges VAT or pays VAT, you need to understand these changes. Let me walk…