NRS Urges Content Creators to Formalise Businesses, Pay Tax

The Nigeria Revenue Service (NRS) has urged content creators, social media influencers and other operators in the creative industry to formalise their businesses, obtain tax identification numbers and fulfil their tax obligations to benefit from available incentives and investment opportunities.
Speaking during a tax policy discussion at the ongoing Creative Africa Nexus Weekend 2026 in Lagos, officals of the NRS said operating through personal bank accounts without proper business registration and financial records could limit the growth potential of creative entrepreneurs, particularly their ability to attract investors, secure corporate contracts and access financing.
Assistant Dir...