Nigeria Inter-Bank Settlement System Plc
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A key financial institution in Nigeria that facilitates interbank transactions and will be linked with the NRS for tax enforcement.
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How Nigeria plans to use banks and fintechs to recover tax debt
TechCabal - Jan 05, 2026
From 2026, banks and fintechs will serve as debt recovery agents for Nigeria's tax authority under the new Nigeria Tax Administration Act, 2025. The Federal Inland Revenue Service (FIRS) has been replaced by the Nigeria Revenue Service (NRS), marking a significant overhaul in tax administration.
Nigeria Revenue ServiceFederal Inland Revenue ServiceNigeria Inter-Bank Settlement System PlcNigeria Tax Administration Act, 2025HM Revenue & Customs
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