Nigeria Revenue Service launches phased e-invoicing, fiscal monitoring system

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The Nigeria Revenue Service (NRS) has announced the phased rollout of its electronic invoicing and fiscal monitoring system, marking a major reform aimed at strengthening tax administration, improving transparency, and boosting voluntary compliance among businesses nationwide.

The initiative, part of broader efforts to modernise Nigeria’s tax infrastructure and enhance real-time transaction monitoring, was disclosed in a public notice signed by the Executive Chairman of NRS, Zacch Adedeji, on Monday, February 16, 2026.

Adedeji said the E-Invoicing & Electronic Fiscal System, also known as the Merchant Buyer Solution (MBS), is being implemented in stages across taxpayer categories based on annual turnover thresholds.

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