FIRS approves eTranzact for nationwide e-invoicing

Nigeria’s Federal Inland Revenue Service (FIRS) has approved eTranzact International Plc as a certified provider for its nationwide e-invoicing rollout, expanding a collaboration that began with VAT automation under Tax Administration 2.0.

The approval strengthens eTranzact’s position as a trusted partner in government-led digitisation of tax and business processes.

The FIRS e-invoicing platform, the Merchant Buyer Solution (MBS), introduces structured digital invoices across business-to-business, business-to-consumer and business-to-government transactions. By design, it simplifies tax processes, enhances compliance, and improves transparency in Africa’s largest economy.

Mike Adoga, acting director of Tax Automation at FIRS, said the certified providers met rigorous requirements, including nationwide service capacity, proven security, neutrality and scalability, with technical input from the National Information Technology Development Agency (NITDA).

Tayo Koleoso, chief of Staff to the executive Chairman of FIRS, explained that the providers were carefully selected based on their ability to deliver at scale.

“NITDA’s role was critical in tightening data protection and cybersecurity on the platform, giving taxpayers confidence that their information is safe and the process is transparent,” he noted.

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Niyi Toluwalope, MD/CEO of eTranzact International Plc, described e-invoicing as a platform for innovation in business-government interaction.

“This recognition by the FIRS affirms our vision to be the preferred integrated financial technology platform for merchants and consumers. For us, e-invoicing is more than compliance. It is an opportunity to transform the way businesses interact with government, creating transparency, efficiency and value for every stakeholder.”

This certification builds on eTranzact’s track record of supporting national tax automation. In 2017, under Tax Administration 2.0, the company partnered with FIRS and leading banks to deploy an API system for secure VAT and WHT reporting through TaxPro Max. That infrastructure established a new standard for digital transparency in tax reporting and laid the foundation for Tax Administration 3.0.

In addition to tax solutions, eTranzact delivers technology that addresses other government and institutional needs. In 2024, it deployed a verification system for the Military Pensions Board, enabling pensioners within Nigeria and abroad to authenticate their identities seamlessly. Since 2003, the company has provided secure and scalable payment infrastructure across industries, licensed by the Central Bank of Nigeria for Switching and Processing as well as Mobile Money Operations.

Through the e-invoicing rollout, eTranzact is helping FIRS achieve its mandate of digitising invoicing nationwide while bringing to bear two decades of experience in building secure, scalable, and trusted technology that meets international standards yet remains locally relevant.

Hope Moses-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.