B2B startup Duplo secures two licences from Nigeria’s tax authority

Duplo, a Nigerian business-to-business cost platform that digitises cost flows, has secured each the Programs Integrator (SI) and Entry Level Supplier (APP) licences from the Nigeria Income Service (NRS), the nation’s tax authority.

The twin licences enable Duplo to assist companies generate NRS-compliant digital invoices, mechanically transmit them to the tax authority, and settle funds throughout the identical platform.

“Africa’s subsequent development part requires strong monetary programs, not non permanent patches,” mentioned Yele Oyekola, CEO and Co-Founding father of Duplo. “By securing each the Programs Integrator and Entry Level Supplier licences in Nigeria, we’re offering the only operational layer that lastly connects funds, invoicing, and tax logic.”

This comes as Nigeria tightens tax compliance underneath the NRS’s new digital tax framework. In 2025, the NRS issued a public discover on the phased implementation of its e-invoicing and digital fiscal system (EFS) regime, which aimed to interchange paper-based billing by enabling taxpayers to electronically generate, validate, and submit their invoices in real-time. 

The system was initially rolled out for big taxpayers, corporations with an annual turnover better than ₦5 billion ($3.6 million); nonetheless, from July 1, medium taxpayers with a turnover of between ₦1 billion ($721,000) and ₦5 billion ($3.6 million) will probably be anticipated to adjust to the NRS’ requirements. 

Non-compliance carries vital penalties, together with an administrative positive of ₦200,000 ($144.20), day by day penalties of ₦10,000 ($7.21), and a 100% tax surcharge on unreported transactions. Moreover, invoices with out the official digital stamp render enter VAT non-claimable, affecting B2B partnerships. Duplo’s new licences enable the corporate to assist companies making ready for Nigeria’s obligatory digital invoicing rollout.

Duplo’s Programs Integrator licence would enable the corporate to attach the software program programs of companies to the Service provider Purchaser Resolution (MBS), the federal government’s flagship e-invoicing platform, to ensure that invoices to be precisely generated. 

The Entry Level Supplier licence permits the corporate to transmit validated invoices on to the NRS engine, and as soon as validated by the tax authority, these invoices may also be settled and reconciled inside Duplo’s system.

A number of native monetary infrastructure corporations have constructed instruments that would assist companies with e-invoicing, together with cost suppliers equivalent to Moniepoint and Flutterwave, and enterprise finance and accounting platforms like Bumpa. Duplo is positioning itself otherwise by combining invoicing with tax compliance and cost settlement inside a single ecosystem.

Based in 2021 by Yele Oyekola and Tunde Akinnuwa, Duplo builds monetary infrastructure designed to assist African companies handle funds, create invoices, conduct account reconciliation, and different operational workflows. 

Duplo is amongst a rising roster of companies accredited by the NRS to securely transmit transaction knowledge. This community contains cost corporations equivalent to e-Tranzact, Bluechip Applied sciences, Qucoon Restricted, and Arca Funds Firm, alongside Pasca Know-how Restricted, a supplier of digital tax and e‑invoicing options; HOPtool Know-how Restricted, which specialises in interoperability platforms; and Pillarcraft Cloud Options, a Nigerian cloud and fintech integration specialist.

As Nigeria’s e-invoicing deadline approaches for medium taxpayers, the corporate is positioning its platform as a bridge between companies’ monetary programs and the federal government’s digital tax infrastructure.

“Our dual-licence standing permits companies to bridge their present ERPs [Enterprise Resource Planning] on to the nationwide e-invoicing structure, guaranteeing that each transaction is validated by the NRS and settled on our platform in a single seamless movement,” Oyekola added. “You don’t scale cost operations by including headcount – you scale by automating choices and standardising the infrastructure of your online business.”