General
e-Invoicing Will Strengthen Operational Efficiency, Build Resilience—Asagba
By Aduragbemi Omiyale
The Managing Director of Commercial Inclusion (Interswitch Inclusio), Mr Muyiwa Asagba, has stressed the importance of businesses adopting the e-invoicing system, saying it will mark a defining moment in Nigeria’s economic and digital transformation journey.
“The introduction of the e-invoicing system represents a pivotal moment in Nigeria’s journey toward a more transparent and digitally enabled economy,” he said at the second Nigeria Revenue Summit (NRS) in Lagos in March 2026.
“At Interswitch, we see this not just as a compliance requirement, but as an opportunity for businesses to strengthen their operational efficiency and build resilience.
“Our focus is on providing the infrastructure and support that allow organisations to integrate seamlessly, comply confidently, and ultimately unlock greater value from their systems,” Mr Asagba added.
The event, tagged Winning in Nigeria’s New Tax Landscape, brought together business leaders and tax experts, who called for accelerated readiness among Nigerian companies as the country moves closer to implementing the e-invoicing system, describing the shift as both a regulatory requirement and a strategic opportunity for businesses.
The programme, put together by Interswitch, focused on the growing urgency for businesses to move beyond awareness and begin practical implementation, as e-invoicing introduces a shift from periodic reporting to real-time transaction validation and monitoring.
The chairman of the Nigeria Revenue Service (NRS), Mr Zacch Adedeji, represented by the Director for Policy Advisory Group, Mr Sunday Okeowo, emphasised the broader economic significance of Nigeria’s tax reforms.
He noted that the reforms present a critical opportunity to not only enhance revenue generation but also address key socio-economic challenges such as inflation, unemployment, and poverty.
Mr Adedeji described the evolving tax regime as “a bridge to a Nigeria that is a regional, continental and global hub for business and commerce,” adding that effective implementation would deliver shared prosperity for all Nigerians.
At a panel session moderated by the Divisional Head of Tax Management at Interswitch, Ms Titilayo Akinseye, speakers identified integration complexity, internal alignment across departments, and delayed decision-making as key barriers, warning that slow adoption could expose businesses to transaction disruptions, increased audit scrutiny, and inefficiencies in financial reporting.
At the same time, they noted that early adopters stand to benefit from improved transparency, automation, and operational efficiency.
By Adedapo Adesanya
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has called for a specialised supplier license to allow it to supply products under specific conditions.
The association made the appeal when its leadership paid a courtesy visit to the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Saidu Mohammed.
NOGASA National President, Mr Benneth Korie, called for regulatory adjustments to reflect the operational realities of suppliers in the sector.
He appealed for “the introduction of a supplier licence tailored to the specialised operations of the Association and its members,” noting that such a framework would enhance efficiency and ensure “continued national connectivity and effective service delivery.
The specialised license allows companies to supply oil or gas products within a defined niche without needing a full-scale petroleum license. It will help ensure safe and efficient energy supply, encourage private sector participation, improve transparency and accountability, and promote targeted investment in gas infrastructure.
On his part, the NMDPRA boss reaffirmed the regulator’s commitment to strengthening efficiency and ensuring a level playing field across Nigeria’s downstream petroleum sector.
Mr Mohammed stressed that the authority remains focused on transparent and fair regulation.
“The authority will continue to promote a level playing field for all operators across the midstream and downstream sectors,” he said.
The engagement highlights ongoing efforts by regulators and industry stakeholders to refine policies and strengthen Nigeria’s downstream petroleum value chain.
He also commended the association’s role in sustaining petroleum product distribution nationwide, noting its contribution to national infrastructure and service delivery.
“We recognise the sustained role of NOGASA in supporting critical national infrastructure and service delivery across the country,” Mr Mohammed added, assuring that “their concerns and requests would be carefully considered in line with our regulatory mandate.”
The engagement highlights ongoing efforts by regulators and industry stakeholders to refine policies and strengthen Nigeria’s downstream petroleum value chain.
By Modupe Gbadeyanka
The Association of Professional Women Bankers Nigeria (APWBN) has named Interswitch as the winner of the Digital Finance Excellence Award.
The Digital Finance Excellence Award recognises organisations that have demonstrated outstanding leadership, innovation, and impact in leveraging technology to transform financial services and drive financial inclusion.
While receiving the award at the APWBN Marquee Event held at the Civic Centre, Lagos, the Chief Customer Experience Officer of Interswitch, Ms Oremeyi Akah, said the recognition further reinforces Interswitch’s position as a trailblazer in digital finance and its commitment to driving growth, innovation, and inclusion across the continent.
Also speaking at the ceremony themed Redefining Power – Women Shaping the Future of Finance, the Executive Vice President for Group Marketing and Communications at Interswitch, Ms Cherry Eromosele, said, “This award is a testament to Interswitch’s unwavering commitment to advancing digital finance and delivering impactful, customer-focused solutions across Africa.”
“We are particularly honoured to be recognised by APWBN, an organisation championing the advancement of women in the banking and financial services sector. At Interswitch, we believe that inclusion and innovation go hand in hand in building a sustainable financial ecosystem,” she added.
The APWBN Marquee Event 2026 featured an impressive lineup of distinguished speakers and industry leaders who shared perspectives on the future of finance in a rapidly evolving global economy and the evolving role of women in shaping the future of finance, with a strong focus on innovation, leadership, and inclusion.
The programme brought together top industry leaders, policymakers, and innovators to explore the evolving role of women in driving financial transformation.
By Adedapo Adesanya
The federal government has declared Friday, April 3, and Monday, April 6, 2026, as public holidays to mark this year’s Easter celebration.
April 3 is Good Friday, while April 6 is Easter Monday.
The Minister of Interior, Mr Olubunmi Tunji-Ojo, in a statement on Wednesday, congratulated Christians in Nigeria and the diaspora on the occasion.
Mr Tunji-Ojo urged Nigerians to reflect on the virtues associated with the season, saying, “I congratulate all Christians in Nigeria and in the diaspora on the joyous occasion of Easter. I urge Nigerians to imbibe the virtues of selflessness, forgiveness, forbearance and love as exemplified by the life and teachings of Jesus Christ.”
He further called for unity among citizens, stressing the importance of peaceful coexistence.
“Easter is a period that reminds us of the values of tolerance and community that keep us together as a nation. Nigerians should remain committed to these ideals for the progress of our country,” the minister said.
Mr Tunji-Ojo also reiterated the federal government’s commitment to policies aimed at national development.
“The goal of the government remains taking decisions that would bring about national rebirth, economic growth, and shared prosperity for all Nigerians,” he added.
The minister wished Christians a peaceful and joyous Easter celebration.
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