Federal Inland Revenue Service (FIRS)
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The Nigerian government agency responsible for assessing, collecting, and accounting for tax revenue.
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FIRS wants banks and fintechs to share transaction data for VAT monitoring
TechCabal - Jul 25, 2025
FIRS has developed a real-time portal to track VAT-eligible electronic transactions. The 'Transaction Monitoring System' mandates integration from banks, card schemes, fintechs, and payment service providers.
Transaction Monitoring SystemPaystackFederal Inland Revenue Service (FIRS)FlutterwaveTax Administration Act
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