New 7.5% VAT to Hit Bank Transfers, USSD Payments From January 19, 2026 as Nigerians React
Nigerians will begin paying a new 7.5 per cent Value Added Tax (VAT) on service charges for mobile bank transfers and USSD transactions starting January 19, 2026, following a directive from the Federal Government that has already sparked widespread debate and concern across social media and the financial sector.The development
1 month ago