Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing platform by the end of June, as authorities push ahead with a reform that will give tax officials near real-time visibility into company transactions. The e-invoicing system requires businesses to generate invoices digitally and transmit them to the National Revenue Service (NRS) in real time or near real time before or as they are issued to customers. Each invoice is authenticated through the platform, c
Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing platform by the end of June, as authorities push ahead with a reform that will give tax officials near real-time visibility into company transactions. The e-invoicing system requires businesses to generate invoices digitally and transmit them to the National Revenue Service (NRS) in real time or near real time before or as they are issued to customers. Each invoice is authenticated through the platform, c