The licenses position 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 over ₦500 billion annually is lost to tax leakage, much of it linked to manual invoicing, under-reporting and poor documentation of transactions.

Nigeria’s new Electronic Fiscal System (EFS) initiative is being introduced specifically to digitise 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.

Unlike fragmented solutions that force businesses to toggle between multiple apps for invoicing and banking, Duplo’s new licenses enable a seamless, automated workflow:

Automatic Routing: Businesses can plug existing ERPs (SAP, Oracle, QuickBooks, Microsoft Dynamics) into Duplo to automatically generate and transmit invoices to the NRS in the required UBL/XML formats.

Integrated Settlement: Once an invoice is validated by the NRS, it can be settled and reconciled immediately on the Duplo platform. This eliminates the manual “reconciliation lag” that accounts for the majority of financial discrepancies in Nigerian firms.

Companies like Maersk, Krones, DP World, Baobab, Miva Open University, Eat N’Go, IMG, SMT and more already trust Duplo to automate their payment workflows and maintain full visibility over their financial operations.

Commenting on the licenses, Yele Oyekola, CEO and co-founder of Duplo, said,

“Africa’s next growth phase requires robust financial systems, not temporary patches. By securing both the Systems Integrator and Access Point Provider licenses in Nigeria, we are providing the single operational layer that finally connects payments, invoicing and tax logic. This isn’t just about compliance; it’s about closing the loop. Our dual-license status allows businesses to bridge their existing ERPs directly to the national e-invoicing architecture, ensuring that every transaction is validated by the NRS and settled on our platform in one seamless motion. You don’t scale payment operations by adding headcount – you scale by automating decisions and standardizing the infrastructure of your business.”

This initiative, implemented in NYSC camps in Lagos, Sagamu, Abuja, Keffi, and Uyo seeks to educate young Nigerians on the importance of saving and financial literacy.

Through this partnership, Jollof+ sponsored Mr Macho and Miss Nysc events at Ogun state camp, where winners were awarded amazing items and also provided with valuable insights into how they can use the Jollof+ app to save smarter and manage their money more effectively.

Commenting on the partnership, Joy Micheal-Oti, business development manager, Baobab Nigeria, said:

“We believe that financial literacy is the key to financial independence, and it is something every young Nigerian should know. Our partnership with NYSC is our way of investing in the future of Nigeria by helping corps members understand how to save, invest, and secure their financial future with Jollof+. These are the leaders of tomorrow, and we want to ensure they are well-prepared for the future ahead of them.

In addition to promoting financial literacy, the partnership also aims to build brand awareness for Jollof+, a fast-growing digital savings platform designed to simplify how Nigerians manage their money.

Corps members were introduced to the key features of Jollof+, including its high-interest savings options like Jolloflock, Ajo+, and Babybox, which are designed to cater to various savings goals.

On their part, the State Coordinator NYSC Ogun State, Mrs Nasamu Olayinka Diana, said,

“We are excited about the partnership with Jollof+ as it aligns with our youth development initiative, where we equip corp members for the future ahead. When you invest in the youths, you have not wasted anything, they are indeed the best place to invest in. Thank you Jollof+ for this partnership, it will indeed have a great impact on our corp members.

With Nigeria facing rising inflation and economic uncertainty, financial literacy has never been more important.

Young Nigerians, particularly corps members, are entering the workforce and facing financial challenges that require them to be financially savvy.

Jollof+ plans to continue expanding its reach to more NYSC camps across the country in the coming months, ensuring that even more young Nigerians are introduced to Jollof+ and the importance of financial literacy

The app is available for download on both the Google Play Store and the Apple Store. For more information about Jollof+ and its offerings, please visit  or contact our customer support at +07000226222.

Adeshina Adewumi, founder/CEO, Trade Lenda, “As you know, our core mandate is centered around empowering SMEs through strategic financing. Since May 2021, we have facilitated over $5million to support businesses and built systems to remove the access-to-finance gaps associated with growing a thriving business in Nigeria and soon the focus will be across various African markets.

“After closing our Pre-Seed in January 2023, we took a further step in entrenching our footprint across the grassroots and getting to know our user demography better. We rolled out various initiatives to bridge the financial and digital literacy gaps of small business owners across major markets in Nigeria.

“One of those initiatives included the Trade Lenda SME Fair held in Lagos and had the Chief Olusegun Obasanjo, former president of Nigeria, as our Father of the Day and Guest Speaker.

The program which was held in partnership with financial and non-financial institutions like Providus Bank, Paystack, Eazipay, Credo, Baobab+ among others saw representation of SMEs from across various States in Nigeria coming to Lagos, left us with explorative data that we needed to do more for Women and Shariah Complaint Businesses.

For the records, 90% representation were women-led businesses and top 5 businesses who won grants award out of over 2,000 applicants were women.

A journey which started off with Trade Lenda getting fully certified by the Shari’ah Board of Marble Advisory Limited on 11th January 2024 as well as various discussions in line with the theme for the United Nations International Women’s Day 2024 “Invest in Women: Accelerate Progress” has now seen us with a clear path with Marble Capital, FSDH Merchant Bank and Sterling Bank to support more women become financially included.

While I must say that we still have lots of other stakeholders in the pipeline, we are happy to launch today and commence tracking the dividends of empowering more women to grow and scale their businesses beyond Nigeria.

“While this specific fund announced is targeted specifically towards women and Shari’ah-Complaint businesses, we would continue to utilize our general pool from our ongoing Seed round to support businesses across gender agnostic lens.

“Over the last years, we have tracked the effect of empowering SMEs; Remarkably, new jobs have been created across our operators in Agriculture, Fast Consumer Moving Goods, Oil and Gas, Renewables and General Trading. One of our top customers recently rolled out their 4^th Gas Plant in Plateau State Nigeria and we have lots of other success stories from across Nigeria. We believe this is just Day 1″, he said.

Find out more by emailing: info@tradelenda.com

The event brought together diverse range of traditional entrepreneurs, startup founders, industry experts and thought leaders for a transformative experience of learning, earning, networking, and collaboration.

At the Trade Lenda Fair, a plethora of products, services, and innovative solutions across various industries were showcased. The exhibitors came from across Lagos, Oyo, Ogun and Kwara state, reflecting the vibrant entrepreneurial spirit and creativity that defines SMEs in Nigeria.

One of the key highlights of the event was the keynote address by the Former President of Nigeria, Chief Olusegun Obasanjo, who shared his journey of entrepreneurship from 1979 till date. 

Several masterclasses were conducted by industry leaders and subject-matter experts within the SME ecosystem in Nigeria. These in-depth workshops on starting, financing, marketing and systems development provided participants with actionable insights, practical strategies, and knowledge essential for driving their business growth and adapting to evolving market trends.

The panel sessions, another feature of the event, was facilitated by notable SME brands and SMEs enablers who shared their stories, expertise, valuable insights and perspectives on subjects such as starting, scaling, digitalizing and leveraging interventions. The deep dive conversations served as interactive dialogue, sparking new ideas and approaches that have the potential to reshape the SME landscape.

Another high point was the award of prizes to the tune of N5 million to the top five winners of the pitch competition. The first prize winner (Posh Meals) also won an all-expense trip to Qatar.

“We are thrilled with the overwhelming response and outcome of the Trade Lenda Fair,” said Adeshina Adewumi, CEO, Trade Lenda and Convener of the Trade Lenda Fair.

“The event provided a unique opportunity for SMEs to connect, learn, and collaborate. The masterclasses and panel sessions, in particular, empowered attendees with the knowledge and inspiration needed to elevate their businesses to new heights.”

He further added that “the success of Trade Lenda Fair can be attributed to the unwavering support of our sponsors: Providus, Eazipay, RedCloud, Paystack and our partners Techeconomy, Credo, Baobab+, Lagos Business School, Shuttlers, Niteon, Changera, Money Africa, LSETF, TechNext, TechCabal and TechPoint. Their collective enthusiasm and dedication have created an environment of innovation and growth, contributing to the event’s impact on the SME ecosystem.”

The Trade Lenda Fair has set a new benchmark for facilitating meaningful interactions, fostering learning, and igniting inspiration within the SME community in Nigeria. As the curtains draw on this year’s event, the organizers look forward to building on this success and continuing to empower SMEs with opportunities and solutions that propel them towards prosperity.

More about Trade Lenda

It is Nigeria’s premier digital lending fintech brand and the Trade Lenda Fair is an annual flagship platform that brings together SMEs, industry experts, and stakeholders to showcase their offerings, share knowledge, and foster collaboration., the event aims to empower SMEs with the tools, insights, and connections needed to thrive in today’s dynamic business environment.