The Federal Inland Revenue Service (FIRS) has officially transitioned to the Nigeria Revenue Service (NRS), a newly established revenue authority. The transition was marked with the unveiling of the agency’s new logo, according to a statement from Special Adviser to the chairman of NRS, Dare Adekanmbi This is as Nigerian banks will begin deducting a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026, following the commencement of provisions of the newly enacted Tax Act. Speaking at the unveiling of the new logo in Abuja…
Read MoreFIRS NOW TO BE KNOWN AS NRS, UNVEILS NEW LOGO
