Duplo, NRS partner to expand e-invoicing among Nigerian businesses

Duplo, an African financial and payments platform, has reaffirmed its commitment to helping Nigerian businesses navigate the country’s evolving regulatory landscape, saying companies that embrace compliance early can turn it into a competitive advantage.

The company made the remarks following the implementation of Nigeria’s most sweeping tax reforms in decades. The reforms, signed into law by President Bola Ahmed Tinubu on June 2025, came into effect on January 1, 2026.

Speaking at the Nigerian Business and Finance Leaders Forum 2026, co-hosted by Duplo and the Nigerian Revenue Service (NRS) recently, Yele Oyekola, CEO and co-founder of Duplo, said recent fiscal reforms, including the NRS e-invoicing mandate, are fundamentally reshaping how businesses operate across the country.

In his welcome address, Oyekola noted that compliance is no longer merely an administrative obligation but a strategic function capable of driving growth, efficiency and profitability.

“The businesses that thrive in moments like this are not the ones that wait until change becomes urgent. They are the ones that understand the shift early, prepare their teams, upgrade their systems and use change as an opportunity to build better, more resilient companies,” he said.

Also speaking at the event, Titus Ayeni, Director of the Customer Service Group, Medium and Emerging Taxpayers Department at the NRS, outlined the agency’s roadmap for Nigeria’s changing fiscal environment.

Ayeni highlighted the strategic objectives behind the government’s tax modernisation efforts, including greater transparency, digital readiness and stronger compliance frameworks.

He stressed the importance of aligning corporate innovation with public policy to build more sustainable and responsible businesses.

The forum featured a series of panel discussions and masterclasses on topics such as building tax-compliant and scalable businesses, understanding the e-invoicing regulation, preparing SMEs and mid-sized firms for the new tax regime, and navigating Rev360 registration, compliance and operational workflows.

Other speakers included Olarinde Olufemi Michael, Special Adviser on Revenue to the Minister of Finance; Sotonye Ehimiaghe, Strategy Lead, Customer Service Group, NRS; Chukwuebuka Onyeyiri, Digital Lead, Customer Service Group, NRS; and Alberta Umen, Business Technology and Process Improvement Lead, NRS.