A real-time portal developed by FIRS to track VAT-eligible electronic transactions and enhance tax compliance.
Nigeria targets tax leakages with real-time VAT platform
FIRS launched a real-time transaction monitoring portal for VAT oversight. The new system mandates integration from banks, fintechs, and payment service providers.
FIRS wants banks and fintechs to share transaction data for VAT monitoring
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.
