Nigerians to Pay VAT on Mobile Bank Transfers and USSD Transactions from January 19 2026
From January 19, 2026, Nigerians will begin paying a 7.5 percent Value Added Tax on selected banking services such as mobile transfers and USSD transactions. The policy, issued by the Nigerian Revenue Service, applies to service charges only and not to savings or interest earnings. This article explains what the change means for everyday banking and how Page Financials is helping customers stay informed and financially prepared.posted by Admin on 15 Jan, 2026
