Charges on mobile banking and Unstructured Supplementary Service Data (USSD) transactions will attract VAT, and not the ...

Banks will start deducting 7.5 percent value-added tax (VAT) on banking services, including point of sale (POS) transaction ...

VICTOR AYENI examines how accidental bank transfers are becoming a troubling feature of Nigeria’s cashless economy, where ...

On Thursday, banks said they will start deducting 7.5 percent value-added tax (VAT) on banking services, including point of sale (POS) transaction fees, mobile banking transfer fees, from January 19.

Nigerians will begin paying a 7.5 per cent Value Added Tax (VAT) on selected banking services, including mobile bank ...

Nigeria imposes a 7.5% VAT on digital banking service fees, affecting small businesses and individuals. Understand how these ...

Nigerians will face a new 7.5% VAT on digital banking services from January 2026, sparking concerns over financial strain ...

SBI IMPS service charges: State Bank of India will introduce service charges on online IMPS transactions exceeding Rs 25,000.

Indications emerged yesterday that from January 19, 2026, Nigerians will begin paying a 7.5 per cent Value Added Tax (VAT) on ...

Who is Remitly? Remitly is a global money transfer company offering allowing you to send money in more than 100 different currencies. Methods include b ...

By Brian AndresileFor many years, access to banking services depended largely on where one lived. If you were based in a ...

If your bank flags a deposit as suspicious, here's what to expect and how to make sure your funds don't get stuck or delayed.