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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

Tax Reforms: Why Nigerians Are Worried Of January 2026 Implementation

Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has said that not enough people know about taxes is why many Nigerians are worried about the new tax changes coming in January 2026.