Nigerian businesses digitise invoicing systems, ahead FIRS deadline

Nigerian businesses across the country are racing to adopt digital invoicing systems to stay compliant with the new Federal Inland Revenue Service (FIRS) regulations, to take effect on January 1, 2026.

The reforms, which will fundamentally change how transactions are recorded and taxed, are driving a surge in demand for digital invoicing solutions.

This is even as Afri Invoice, a Nigerian Software-as-a-Service (SaaS) platform that offers digital invoicing, tax compliance, and payment tracking is easing this transition, by offering incentives to early adopters.

The platform has reported a noticeable uptick in registrations as businesses seek to streamline financial operations and avoid penalties under the new rules.

Mark Odenore, founder and CEO of Afri Invoice, said the company is offering incentives to early adopters to ease the transition.

Read also: Nigerian businesses score big with Afri Invoice, Kuda Bank’s exclusive e-invoicing deal

“As the new tax laws take effect, many Nigerian businesses will need to adapt their invoicing processes. At this critical juncture, we’re offering incentives to businesses that start their digital invoicing journey early. We understand the challenges of manual invoicing and tax compliance, and we want to support businesses in making this transition as smooth as possible,” Odenore stated.

The shift to digital invoicing promises several benefits for businesses. Beyond compliance, digital platforms like Afri Invoice enable companies to automate invoice creation, track payments in real time, and reduce manual errors that can lead to fines. The platform also integrates with banks and fintech services such as Flutterwave and Kuda Bank, allowing seamless payment tracking across multiple channels.

“We are excited to see our platform make a tangible impact on the Nigerian business landscape. Our incentives are designed to support businesses of all sizes in taking the first step towards digital transformation. By joining the Afri Invoice community, businesses can leverage our cutting-edge technology to automate invoicing, track payments, and stay compliant with the latest tax laws. We are confident that our platform will not only help businesses meet the new tax requirements but also drive efficiency, transparency, and growth.

“By leveraging digital tools, businesses can streamline their financial operations, avoid fines and penalties, reduce errors and improve cash flow. We’re excited to see how our platform can make a positive impact on Nigerian businesses,” he added.

Afri Invoice is built around three core pillars tailored for Nigerian businesses. Its professional and secure design ensures a 99.7 percent compliance rate with zero penalties, featuring QR code authentication, complete audit trails, and automatic data synchronisation. Its mobile-first architecture allows businesses to operate even in low-data or offline environments, automatically syncing transactions when connectivity returns. Additionally, the platform offers comprehensive business management tools, including financial dashboards, customer database management, multi-business entity handling, and automated VAT calculations.

With the FIRS reforms imminent, Nigeria’s shift toward digital invoicing appears set to reshape the way businesses handle financial reporting, ensuring smoother tax compliance while driving broader adoption of cloud-based financial technologies.

Royal Ibeh is a senior journalist with years of experience reporting on Nigeria’s technology and health sectors. She currently covers the Technology and Health beats for BusinessDay newspaper, where she writes in-depth stories on digital innovation, telecom infrastructure, healthcare systems, and public health policies.

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