FinanceFG orders banks, fintechs to remit VAT on service fees, Jan 19Kikelomo OyenugaJanuary 15, 2026January 15, 2026 by Kikelomo OyenugaJanuary 15, 2026January 15, 202601430 The Federal Government has directed banks and fintechs to collect and remit 7.5% Value-Added Tax (VAT) on certain electronic banking services, effective January 19, 2026....
Industry NewsNo plan to increase VAT – FGKikelomo OyenugaSeptember 10, 2024 by Kikelomo OyenugaSeptember 10, 20240215 The Federal Government has denied reports of a planned hike in Value Added Tax (VAT) from the current 7.5 per cent rate to 10 per...