7.5% VAT on Electronic Banking: FG Orders Banks, Fintechs to Comply
The Federal Government of Nigeria has directed banks and financial technology (fintech) companies to begin collecting a 7.5% Value-Added Tax
The Federal Government of Nigeria has directed banks and financial technology (fintech) companies to begin collecting a 7.5% Value-Added Tax
Nigeria Tax Reform 2025 represents the most comprehensive update to Nigeria’s tax structure in recent years, introducing simplified levies, clearer