Duplo Secures Dual Licenses to Bridge E-Invoicing & Unified Payments for Businesses in Nigeria
Duplo, the financial operating system for African businesses, has been granted both the Systems Integrator (SI) and Access Point Provider (APP) licenses by the Nigeria Revenue Service (NRS), positioning the company as an accredited service provider for businesses operating in Nigeria ahead of the mandatory July 1, 2026, e-invoicing deadline for medium taxpayers.
This dual accreditation allows Duplo to provide a unique end-to-end “Compliance-to-Commerce” pipeline. While most providers only offer invoice generation, Duplo’s unified platform allows businesses to generate NRS-standard e-invoices, route them automatically to the tax authorities, and settle those payments instantly within the same ecosystem.
The Nigerian Revenue Service (NRS) estimates that over ₦500 billion annually is lost to tax leakage, much of it linked to manual invoicing, underreporting, and poor documentation of transactions. Nigeria’s new Electronic Fiscal System (EFS) initiative is being introduced specifically to digitize invoice generation and reporting at the point of transaction. By integrating compliance directly into the payment rail, Duplo is redefining the standard for enterprise financial operations, helping businesses transition from manual, high-risk processes to an automated, digital-first model.
As the NRS transitions to a real-time “pre-clearance” model, businesses with turnovers above ₦1 billion face strict enforcement. Non-compliance carries administrative fines of ₦200,000 plus 100% tax surcharges on unreported transactions.
