New 7.5% VAT on Mobile, USSD Bank Charges Kicks In
Nigeria enforces 7.5% VAT on digital banking service fees from Jan 19, 2026. Learn how it affects your mobile transfers and USSD transactions, and who will feel it most.
Category : Search result: Nigeria bank fees
ATM Withdrawals Jump 198% to ₦36.34 Trillion in H1 2025
Nigerians' ATM cash withdrawals surged to ₦36.34 trillion in H1 2025, defying CBN's fee hikes. Public backlash grows as policy hits low-income earners hardest. Discover the data and implications.
How Long & How Much for a Nigerian Passport in 2026
Complete guide to getting a Nigerian international passport in 2026. Learn the updated fees (₦100,000-₦200,000), processing times (3-6 weeks), and step-by-step application procedure via the NIS portal.
Philomath University Abuja Fees 2025/2026
Philomath University Abuja has released its 2025/2026 school fees, ranging from ₦2.48M to ₦4.8M. Get the full breakdown for all courses, accommodation costs, and payment procedures here.
UNN, Students Agree on 60% Increase in Sundry Charges
UNN and its Student Union Government reach a truce, approving a 60% rise in sundry charges for 2025/2026. The deal includes payment instalments and no hostel fee increase. Read the full details.
Man Shares Agent's Rent List: 'Drink Fee' Causes Stir
A Nigerian man's quest to rent an apartment took a shocking turn when an agent sent a list including a 'drink fee'. See the full breakdown and public reactions.
23 Banks Meet CBN Capital Target, 3 to Merge
Nigeria's banking sector consolidates as 23 banks meet new CBN capital requirements. Access, Zenith lead. Three banks set to merge ahead of March 2026 deadline. Full details inside.
Oduduwa University School Fees 2025/2026 Guide
Get the complete breakdown of Oduduwa University school fees for new and returning students for the 2025/2026 session. Learn about course-specific costs, payment procedures, and available scholarships to plan your education finances effectively.
CBN Releases 2026 Savings Interest Rates for Nigerian Banks
The Central Bank of Nigeria has published the latest savings account interest rates. Discover which banks offer the highest returns and how the market averages 8% in 2026.
7.5% VAT on Mobile, POS Fees Starts Jan 19
Nigerian banks will begin deducting a 7.5% Value Added Tax on fees for mobile transfers, POS, and other services from January 19, 2026. Learn what this means for your transactions.
AFIT School Fees 2026: Full Cost & Payment Guide
Get the detailed 2026/2027 school fees breakdown for AFIT Kaduna. Learn costs for new & returning degree/diploma students and the step-by-step payment procedure.
New 2026 Bank Charges: VAT, Stamp Duty Explained
Starting 2026, Nigerians face new costs: a 7.5% VAT on mobile/USSD fees and a ₦50 stamp duty on transfers above ₦10,000. Learn all the details and how to plan for higher digital banking expenses.
Nigerian Army College of Nursing Yaba Fees & Admission 2026
Complete guide to Nigerian Army College of Nursing Yaba school fees, courses, and admission requirements for 2026/2027. Learn about costs from ₦550,000 and how to apply.
CBN Releases 2026 Bank Lending Rates for Transparency
The Central Bank of Nigeria has published the latest prime and maximum lending rates for Access Bank, UBA, GTB, Zenith, and others as of January 9, 2026, to guide borrowers. See the full list.
Nigeria's Urban Population to Hit 264 Million by 2050
World Bank projects Nigeria's urban population will surge to 264 million by 2050, with 4.4% economic growth in 2026 driven by reforms and export gains. Discover the challenges and opportunities.
NSC Suspends Port Charges Increase After Protest
The Nigerian Shippers' Council orders shipping firms to suspend new charges after protests. Get the latest on the fee adjustments and regulatory action.
21 Banks Meet CBN Capital Target, Secure ₦5.142 Trillion
Nigeria's banking sector shows strength as 21 banks exceed CBN's recapitalisation requirements ahead of the March 2026 deadline, securing over ₦5 trillion. Discover the leaders and the impact.
Man Accused of Taking Child's School Fees in Viral Call
A viral phone call exposes a man accused of collecting school fees meant for his child. The donor, frustrated, reveals the child missed a term. Watch the heated exchange unfold.
Cheap Canadian Universities for International Students 2026
Discover the top 15 cheapest universities in Canada for international students in 2026, with tuition fees from CAD 710 per semester. Get details on fees, contacts, and financial aid.
22 Banks Secure as 2026 Recapitalization Deadline Nears
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
SA Woman Laments Costly $314 Nigerian Tourist Visa
A South African TikToker expresses shock at paying $314 for a single-entry Nigerian tourist visa, calling it her most expensive ever. She plans to experience Nigerian culture in 2026.
Hellen Ati Calls Out Cubana Chief Priest Over Son's Fees
Hellen Ati, the Kenyan woman claiming to be Cubana Chief Priest's baby mama, publicly demands he pays their alleged son's school fees, accusing him of blocking her TikTok gifters. Read full details and reactions.
Johnny Drille: 'Kids Are Very Expensive'
Nigerian singer Johnny Drille opens up about the financial strain of parenting after paying his daughter's school fees, even considering releasing seven albums in a year to cope. Read his candid take.
Union Gives Ultimatum to Unity Bank Over Staff Sack
ASSBIFI demands Unity Bank recall over 100 terminated employees, citing breach of labour laws and merger agreement. The union threatens industrial action if demands are not met.
Nigerian Boy Uses School Fees to Buy Bitcoin, Dad Rages
A Nigerian father was left furious after discovering his son used his entire school fees to invest in Bitcoin. The viral story has sparked intense online debate about risky investments and financial responsibility among youths.
FG to Use Banks, Fintechs for Tax Debt Recovery in 2026
Nigeria tightens tax laws, empowering authorities to use banks and fintechs like Access, Zenith, and Opay to recover unpaid taxes. Learn about the new rules and your obligations.
Union Bank Closes All Titan Trust Social Media Accounts
Union Bank of Nigeria has disabled all Titan Trust Bank social media accounts. Customers are now directed to follow Union Bank's official platforms for updates and services.
Nigeria's 2026 Tax Laws: Your Essential Q&A Guide
A complete guide to Nigeria's new tax laws effective 2026. Learn about exemptions for low-income earners, pensioners, bank account rules, and crypto taxation. Get the facts now.
CBN Issues New Cash Directive to Banks for 2026
The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.
Kogi's Akpa gives N100k school support, preaches peace
Prominent Kogi businessman Stephen Achema Akpa calls for national unity and launches a N100,000 school fees initiative for Kogi students in his 2026 New Year message. Read his full vision for Nigeria.
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