The Nigerian Federal Inland Revenue Service Aug. 11 announced an extension, to Nov. 1 from Aug. 1, of the deadline for large taxpayers with annual turnover of 5 billion Nigerian nairas (US$3.2 million) or more, to finalize onboarding and integration processes for the new Merchant-Buyer Solution (MBS) e-invoicing system. The announcement also includes that: 1) the system will ultimately apply to all taxpayer categories; and 2) medium-sized and emerging taxpayers will follow next in onboarding. [Nigeria, Federal Inland Revenue Service, 08/11/25]
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