Nigeria has taken a major step in its digital trade transformation with the global registration of its Tax Identification Number and the approval of the Federal Inland Revenue Service as the country’s official Peppol Authority.
The milestone, achieved with technical support from the Standards Organisation of Nigeria, registers Nigeria’s Tax-ID under the ISO/IEC 6523 International Coding System.
This gives Nigerian individuals and businesses international recognition in cross-border transactions, marking a breakthrough in efforts to simplify trade, tax administration, and compliance.
Peppol, short for Pan-European Public Procurement Online, is an internationally recognised framework for the secure and standardised exchange of electronic documents such as invoices, purchase orders, and shipping notices.
It is widely used across Europe, Asia, and Australia. With FIRS serving as Nigeria’s Peppol Authority, businesses can now integrate seamlessly into this global network.
The result will be faster payments, lower administrative costs, reduced paperwork, and greater competitiveness for Nigerian exporters and service providers.
According to a statement by FIRS, the move simplifies compliance for taxpayers while strengthening investor confidence in Nigeria.
“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.
