For Nigerians, it’s hard to ignore the rumours about an additional 7.5% Value Added Tax (VAT) on banking transactions. It all ...
A senior lecturer at Hussaini Adamu Polytechnic, Kazaure, Dr. Tijjani Ahmad, has said that Value Added Tax (VAT) in Nigeria ...
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Banks begin deduction of N3.75 VAT on card maintenance fee
NIGERIAN banks have commenced the deduction of a 7.5 per cent Value Added Tax (VAT) on selected electronic banking charges, including card maintenance fees, ahead of the January 19, 2026 effective ...
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