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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 has partnered with Nigeria's Federal Inland Revenue Service (FIRS) to facilitate digital tax collection in the country. This collaboration aims to streamline the payment process for taxpayers, enhancing efficiency and accessibility. With Flutterwave’s innovative payment solutions, individuals and businesses can now settle their tax obligations online, eliminating the need for cumbersome manual transactions.

This initiative is part of Nigeria's broader strategy to modernize its tax system and increase revenue generation amid growing demands for improved public services. By leveraging technology, FIRS hopes to reduce tax evasion and ensure that more citizens contribute fairly to national development.

The integration of Flutterwave’s platform signifies a significant leap towards a cashless economy, aligning with global trends in digital financial transactions. As the partnership unfolds, it is expected to promote transparency and accountability within Nigeria's tax framework while encouraging compliance among taxpayers. This move not only supports the government's fiscal objectives but also positions Flutterwave as a pivotal player in transforming Africa’s financial landscape through technology-driven solutions.