Nigeria, April 16 -- The Nigeria Revenue Service (NRS) has announced the upcoming launch of a new revenue administration platform, Rev360, to meet the growing needs of taxpayers and the economy.

The launch was disclosed in a statement by the NRS on Thursday, noting that the platform will introduce a more advanced, integrated, and intelligent ecosystem to meet taxpayers' demands, and go live on 30 April.

The launch of Rev360 is another effort by the federal government to simplify the Nigerian tax system, improve compliance, and increase government revenue.

Nigeria's tax reform, effective 1 January, introduces major changes to streamline tax collection and improve compliance, while the Federal Inland Revenue Service (FIRS) was renamed as...