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Home Business news

Nigeria Joins Global Peppol Network with Tax-ID Registration

Victoria Emeto by Victoria Emeto
September 29, 2025
in Business news
0
Nigeria Joins Global Peppol Network with Tax-ID Registration

Nigeria has achieved a major milestone in its digital trade transformation with the global registration of its Tax Identification Number (TIN) and the approval of the Federal Inland Revenue Service (FIRS) as the country’s official Peppol Authority. The breakthrough, secured with technical support from the Standards Organisation of Nigeria, registers Nigeria’s Tax-ID under the ISO/IEC 6523 International Coding System.

This recognition allows Nigerian individuals and businesses to gain international visibility in cross-border transactions, simplifying trade, tax administration, and compliance.

Peppol—short for Pan-European Public Procurement Online—is a globally recognised framework for the secure and standardised exchange of electronic documents such as invoices, purchase orders, and shipping notices. It is already widely adopted across Europe, Asia, and Australia.

With FIRS now serving as Nigeria’s Peppol Authority, local businesses can integrate seamlessly into this global network, enabling faster payments, reduced paperwork, lower administrative costs, and enhanced competitiveness for exporters and service providers.

According to FIRS, the move will also boost investor confidence. “This milestone simplifies compliance for taxpayers, enables smoother cross-border transactions, and strengthens confidence in Nigeria as a global trade and investment hub,” the agency said.

Tags: #FIRS#GlobalBusiness#NigeriaDigitalTrade#Peppol
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