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BLUE UPDATE

Tax : Nigeria Banks To Charge N50 Stamp Duty On Transfers.

Starting January 1, 2026, banks will charge a N50 stamp duty on electronic transfers of N10,000 and above, as part of the new Tax Act.

Categories
BLUE UPDATE

Joint Revenue Board : Tax ID Portal To Open January 1, 2026.

The Joint Revenue Board (JRB) has shared that the Nigerian tax ID portal will start working across the country on January 1, 2026. This is part of their plan to make tax management more modern and efficient.