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New Tax Laws
VAT on Banking Fees Is Not New, NRS Clarifies
Nigeria Startup News
January 15, 2026
Nigeria Revenue Service (NRS) has clarified that Value Added Tax (VAT) on banking fees was not introduced by the Nigeria...
New Tax Laws
Nigerians to pay 7.5% VAT on mobile transfers, USSD and POS fees
Nigeria Startup News
January 14, 2026
Nigerians will start paying a 7.5 per cent Value Added Tax (VAT) on fees of selected banking services from January...
EconomyNew Tax Laws
Nigeria’s VAT Drops Slightly to N2.06 Trillion in Q2 2025
Paulinus Sunday
November 25, 2025
The National Bureau of Statistics has reported that Nigeria’s aggregate value-added tax for the second quarter of 2025 stood at...
