ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Economy

FG Launches Rev360 Digital Platform to Boost Tax Compliance and Revenue Collection

Victoria Emeto by Victoria Emeto
June 11, 2026
in Economy
0
Taiwo Oyedele Advocates Lower Corporate Tax Rates to Spur Investment and Inclusive Growth

The Federal Government has launched Rev360, a new digital tax administration platform designed to improve tax compliance, simplify taxpayer interactions, and strengthen revenue collection across Nigeria.

The platform was unveiled on Wednesday at the headquarters of the Nigeria Revenue Service (NRS) in Abuja. The launch event attracted senior government officials, development partners, professional bodies, business associations, tax consultants, and taxpayers.

Representing the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, the Permanent Secretary (Special Duties) in the ministry, Mohammed Danjuma, described Rev360 as a major milestone in the modernisation of Nigeria’s revenue administration system.

According to Oyedele, efficient tax administration plays a vital role in economic growth. He noted that it encourages voluntary compliance, improves transparency, and boosts investor confidence.

“When tax administration becomes more efficient, compliance becomes easier. When compliance becomes easier, businesses can focus more on growth and productivity,” he said.

Oyedele added that initiatives such as Rev360 would strengthen governance, support voluntary compliance, improve transparency, and create a more business-friendly environment as Nigeria pursues greater economic competitiveness and sustainable growth.

He explained that the Federal Government’s economic reform agenda is built on strong institutions, improved fiscal management, digital transformation, and greater efficiency in public sector operations.

Also speaking at the event, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said the platform would support efforts to improve the ease of doing business and help achieve the government’s ambition of building a $1 trillion economy.

She recalled previous attempts to automate tax administration processes and praised the revenue agency for addressing stakeholder concerns and improving service delivery.

“The Tinubu administration is committed to seeing this economy well above $1 trillion, and these are the building blocks,” Oduwole said.

She also commended the leadership of the NRS for embracing technology and driving reforms that improve engagement with taxpayers and businesses.

The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, described Rev360 as a symbol of the agency’s transformation into a technology-driven organisation.

“Nigerian Revenue Service is no more an accounting agency. It’s now a technology agency,” Adedeji said.

“This is the future. And it’s not for us to dream the future. We just have to build that future. And I think that is what NRS is doing today.”

In her welcome address, the Executive Director of the Medium and Emerging Taxpayers Group, Bolaji Akintola, said Rev360 was developed to improve the taxpayer experience by making registration, filing, payment, and support services easier and more efficient.

She noted that businesses increasingly expect public services to deliver the same level of speed, convenience, and transparency offered by private sector organisations.

“What excites us most about Rev360 is not merely its technological capability, but its practical impact on taxpayers,” Akintola said.

She explained that the platform offers greater visibility into taxpayer obligations, simplifies key processes, strengthens support systems, and promotes a more collaborative relationship between taxpayers and the revenue authority.

The Chief of Staff to the NRS Chairman, Mr Tayo Koleosho, said Rev360 was designed as a one-stop integrated platform covering taxpayer registration, assessment, payment, audit, customer service, and compliance management.

According to him, the system will reduce administrative burdens on businesses while helping the government improve revenue collection and voluntary compliance.

“It is about collecting more revenue for the country, but helping businesses so there is not a disruptive process,” Koleosho said.

The launch of Rev360 marks another step in Nigeria’s ongoing efforts to modernise tax administration through digital innovation, improve public sector efficiency, and strengthen the country’s revenue base.

Tags: #DigitalTransformation#NigeriaEconomy#Rev360#TaxReform
Previous Post

FG Welcomes IMF 2026 Article IV Report, Reaffirms Commitment to Economic Reforms

Next Post

FG Launches EMERGE Programme to Boost Mineral Exploration and Research

Victoria Emeto

Victoria Emeto

Next Post
Nigeria Attracts $2.6B FDI in Mining as Alake Advocates Regional Hubs

FG Launches EMERGE Programme to Boost Mineral Exploration and Research

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Oil Prices Steady Amid New EU Sanctions and Market Uncertainty

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

June 11, 2026
Asian Stocks Edge Higher as US-China Talks End on Positive Note

Global Stocks Hit Record Highs as AI Boom Fuels Market Rally

June 11, 2026
Heirs Energies’ $750m Financing Deal Wins International Oil and Gas Award

Heirs Energies’ $750m Financing Deal Wins International Oil and Gas Award

June 11, 2026
FCMB Appoints Bismarck Rewane as Board Chairman

FCMB Appoints Bismarck Rewane as Board Chairman

June 11, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Oil Prices Steady Amid New EU Sanctions and Market Uncertainty

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

June 11, 2026
Asian Stocks Edge Higher as US-China Talks End on Positive Note

Global Stocks Hit Record Highs as AI Boom Fuels Market Rally

June 11, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!