Barber Adds VAT to Haircuts Ahead of 2026 Tax Law
A Nigerian man's viral post reveals his barber adding a 7.5% VAT charge from January 1, 2026, sparking debate on the new tax law's reach. Read more about the public reaction.
Category : Search result: 75 VAT on banking
New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
FG: New Tax Laws to Support Airlines, Not Harm Them
The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.
Banking Trust Relies on Cybersecurity & AI - Union Bank CITO
Union Bank's Wale Williams highlights AI-driven cybersecurity and regulatory compliance as pillars for sustaining customer trust in Nigeria's expanding digital banking sector.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
CAC Gives PoS Operators New Registration Deadline
Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
CBN's New 72-Hour Rule for Reporting Fraudulent Transfers
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
CIBN Launches Ethics Summit on International Day of Banks
The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.
CIBN marks 2025 International Day of Banks
The Chartered Institute of Bankers of Nigeria commemorates the UN day, highlighting banks' role in sustainable development and cybersecurity amid rising digital threats. Read more.
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Tesla Sets New Sales Record in Norway
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
UBA MD: Bank Credit is Not a Gift, Must Be Repaid
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
Complete MTN Recharge Guide for Nigeria Users
Learn multiple ways to recharge your MTN line in Nigeria using USSD codes, mobile apps, ATMs and online platforms. Quick and easy airtime top-up methods explained.
Banker Transforms Nigerian Finance with Data-Driven Empathy
Discover how banker Ozovehe Peter Otohinoyi is redefining Nigerian finance by combining statistics with human stories, achieving 200% revenue growth and empowering women entrepreneurs in Sokoto.
Banker Uses Statistics to Drive Financial Inclusion in Nigeria
Discover how banker Ozovehe Peter Otohinoyi is revolutionizing Nigerian finance by treating data as human stories, achieving 200% revenue growth and empowering women entrepreneurs.
First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
Bank78 MFB: Nigeria's First Private Digital Bank Launches
Bank78 MFB launches as Nigeria's first fully private digital bank, offering premium banking experience for mass-affluent Nigerians. Licensed by CBN and insured by NDIC.
16 Banks Meet CBN Recapitalisation Target
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
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