Nigeria imposes a 7.5% VAT on digital banking service fees, affecting small businesses and individuals. Understand how these ...

IF you’ve seen the news that a 7.5 per cent VAT on mobile transfers and USSD transactions starts on January 19th, you might be worried that the government is about to “eat” your money.The headlines ...

What do linking a SIM card, opening a bank account, and registering for an examination have in common in Nigeria today? They all start with the same ...

The Nigerian government confirms that VAT on bank services is not a new tax but an enforcement of existing law. Learn what ...

On Thursday, banks said they will start deducting 7.5 percent value-added tax (VAT) on banking services, including point of sale (POS) transaction fees, mobile banking transfer fees, from January 19.

Here is a clear explanation of the 7.5 percent VAT on bank transfers and USSD payments already in effect, and what it truly ...

The Federal Government has directed all commercial banks, microfinance institutions and fintech platforms to begin the ...

The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain ...

This is the final chapter of our special series celebrating HOT Recharge’s 19th Anniversary. From the initial vision in 2006, ...

Stripe is a payment service provider that accepts credit cards, digital wallets and many other payment methods. Many, or all, of the products featured on this page are from our advertising partners ...

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