With less than a week until Nigeria’s July 31 electronic invoicing deadline, businesses are being urged to avoid common implementation mistakes that could leave them non-compliant despite registering for the new system.
In a statement on Sunday, the Nigeria Revenue Service (NRS) directed all large taxpayers, companies with annual turnover of N5 billion and above, to fully adopt the National E-Invoicing and Electronic Fiscal System by July 31, 2026, warning that businesses that fail to comply risk regulatory and enforcement actions under existing tax laws. It disclosed that as of the first quarter, more than 1,000 companies had already complied with the e-invoicing requirements.
The deadline follows a public notice issued by the NRS on February 17, 2026, introducing the implementation timetable for the Electronic Fiscal System, also known as the Merchant Buyer Solution (MBS). The initiative is a key part of the Federal Government’s tax reform agenda to digitise
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