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Business News of Thursday, 20 March 2025

    

Source: www.ghanawebbers.com

Flutterwave enables digital tax collections for Nigeria Federal Inland Revenue Service - Ghana Business News

Flutterwave, a leading payment technology company, has partnered with Nigeria's Federal Inland Revenue Service (FIRS) to streamline digital tax collections in the country. This collaboration aims to enhance the efficiency of tax collection processes, making it easier for citizens and businesses to fulfill their tax obligations online. By leveraging Flutterwave's robust payment infrastructure, FIRS can now offer a seamless experience for taxpayers, who can pay their taxes using various digital channels.

The initiative is part of Nigeria’s broader efforts to modernize its tax system and increase revenue generation in the face of economic challenges. With growing emphasis on digitization, this partnership reflects a significant step toward improving transparency and accountability in public finances. Flutterwave’s technology will not only facilitate timely payments but also help reduce tax evasion by providing a more accessible and user-friendly platform for compliance. As Nigeria continues to navigate its fiscal landscape, this innovative approach could play a crucial role in enhancing government revenue and fostering greater trust between taxpayers and the authorities.