No separate TIN needed to operate bank account - FIRS official
[NigerianEye - Nigeria] - 14/09/2025
The Federal Inland Revenue Service has dismissed claims that Nigerians must obtain a separate Tax Identification Number before they can own or operate a bank account, insisting that the new framework integrates seamlessly with existing national registries such as the National Identification Number and Corporate Affairs Commission records.This clarification comes amid widespread debate following media reports suggesting that from January 2026, every Nigerian would be required to present a TIN to open or maintain a bank account, a development that generated fears of fresh bureaucratic (…)
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