FG directs banks, fintechs to collect 7.5% VAT on electronic banking fees
[Vanguard - Nigeria] - 15/01/2026
“For instance, where a bank charges N100 as a transfer fee, the 7.5 per cent VAT will apply only to the N100 service charge,” the notice explained. The post FG directs banks, fintechs to collect 7.5% VAT on electronic banking fees appeared first on Vanguard News.
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