New 7.5% VAT on Mobile, USSD Bank Charges Kicks In
Nigeria enforces 7.5% VAT on digital banking service fees from Jan 19, 2026. Learn how it affects your mobile transfers and USSD transactions, and who will feel it most.
Category : Search result: CBN fees
ATM Withdrawals Jump 198% to ₦36.34 Trillion in H1 2025
Nigerians' ATM cash withdrawals surged to ₦36.34 trillion in H1 2025, defying CBN's fee hikes. Public backlash grows as policy hits low-income earners hardest. Discover the data and implications.
How Long & How Much for a Nigerian Passport in 2026
Complete guide to getting a Nigerian international passport in 2026. Learn the updated fees (₦100,000-₦200,000), processing times (3-6 weeks), and step-by-step application procedure via the NIS portal.
Philomath University Abuja Fees 2025/2026
Philomath University Abuja has released its 2025/2026 school fees, ranging from ₦2.48M to ₦4.8M. Get the full breakdown for all courses, accommodation costs, and payment procedures here.
UNN, Students Agree on 60% Increase in Sundry Charges
UNN and its Student Union Government reach a truce, approving a 60% rise in sundry charges for 2025/2026. The deal includes payment instalments and no hostel fee increase. Read the full details.
Man Shares Agent's Rent List: 'Drink Fee' Causes Stir
A Nigerian man's quest to rent an apartment took a shocking turn when an agent sent a list including a 'drink fee'. See the full breakdown and public reactions.
Oduduwa University School Fees 2025/2026 Guide
Get the complete breakdown of Oduduwa University school fees for new and returning students for the 2025/2026 session. Learn about course-specific costs, payment procedures, and available scholarships to plan your education finances effectively.
7.5% VAT on Mobile, POS Fees Starts Jan 19
Nigerian banks will begin deducting a 7.5% Value Added Tax on fees for mobile transfers, POS, and other services from January 19, 2026. Learn what this means for your transactions.
AFIT School Fees 2026: Full Cost & Payment Guide
Get the detailed 2026/2027 school fees breakdown for AFIT Kaduna. Learn costs for new & returning degree/diploma students and the step-by-step payment procedure.
New 2026 Bank Charges: VAT, Stamp Duty Explained
Starting 2026, Nigerians face new costs: a 7.5% VAT on mobile/USSD fees and a ₦50 stamp duty on transfers above ₦10,000. Learn all the details and how to plan for higher digital banking expenses.
Nigerian Army College of Nursing Yaba Fees & Admission 2026
Complete guide to Nigerian Army College of Nursing Yaba school fees, courses, and admission requirements for 2026/2027. Learn about costs from ₦550,000 and how to apply.
NSC Suspends Port Charges Increase After Protest
The Nigerian Shippers' Council orders shipping firms to suspend new charges after protests. Get the latest on the fee adjustments and regulatory action.
CBN: Nigeria's Economy Grows 3.89% in 2025, Inflation Eases
The Central Bank of Nigeria's 2025 macroeconomic outlook shows resilient growth at 3.89% and falling inflation. Discover the projections for 2026 and the critical policy actions needed.
Man Accused of Taking Child's School Fees in Viral Call
A viral phone call exposes a man accused of collecting school fees meant for his child. The donor, frustrated, reveals the child missed a term. Watch the heated exchange unfold.
Cheap Canadian Universities for International Students 2026
Discover the top 15 cheapest universities in Canada for international students in 2026, with tuition fees from CAD 710 per semester. Get details on fees, contacts, and financial aid.
SA Woman Laments Costly $314 Nigerian Tourist Visa
A South African TikToker expresses shock at paying $314 for a single-entry Nigerian tourist visa, calling it her most expensive ever. She plans to experience Nigerian culture in 2026.
Hellen Ati Calls Out Cubana Chief Priest Over Son's Fees
Hellen Ati, the Kenyan woman claiming to be Cubana Chief Priest's baby mama, publicly demands he pays their alleged son's school fees, accusing him of blocking her TikTok gifters. Read full details and reactions.
Johnny Drille: 'Kids Are Very Expensive'
Nigerian singer Johnny Drille opens up about the financial strain of parenting after paying his daughter's school fees, even considering releasing seven albums in a year to cope. Read his candid take.
Nigerian Boy Uses School Fees to Buy Bitcoin, Dad Rages
A Nigerian father was left furious after discovering his son used his entire school fees to invest in Bitcoin. The viral story has sparked intense online debate about risky investments and financial responsibility among youths.
Kogi's Akpa gives N100k school support, preaches peace
Prominent Kogi businessman Stephen Achema Akpa calls for national unity and launches a N100,000 school fees initiative for Kogi students in his 2026 New Year message. Read his full vision for Nigeria.
Lawyer Abroad Reveals Access Bank Charges on N200k Transfer
A Nigerian lawyer in Dublin shares receipts showing Access Bank charges for sending money home. She hopes new tax laws will bring development. See the breakdown and reactions.
Gombe Pays N665m for 23,873 Students' Exams
Gombe State government has approved N665 million to cover SSCE fees for 23,873 students. The move aims to remove financial barriers and boost education in the North-East. Read more.
CBN Announces New Cash Withdrawal, Deposit Rules for 2026
The Central Bank of Nigeria has revised its cash withdrawal and deposit policies, effective January 1, 2026. Learn the 5 major changes, including new limits and fees.
NNPC Profit Hits N5.4tn as Directors' Pay Soars 58%
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
Bollywood Profits Squeezed by Star Fees, Entourages
Bollywood producers reveal how stars' multi-million dollar fees and lavish demands for entourages and trailers are crippling film finances. Discover the industry's call for change.
Group Storms ICPC, Demands Probe of NMDPRA Chief
A civil society group storms ICPC, demanding an urgent probe into allegations that NMDPRA boss, Engr. Farouk Ahmed, spent $5m on his children's Swiss education. Read the full story.
Dangote Accuses NMDPRA Boss, Petitions ICPC Over $5M Fees
Aliko Dangote petitions ICPC, alleging NMDPRA CEO Farouk Ahmed paid $5m in school fees. A social media user explains the clash stems from refinery policy constraints. Read the full story.
NMDPRA CEO Denies Statement, Faces ICPC Probe Over Fees
NMDPRA CEO Farouk Ahmed denies issuing a statement on his children's foreign school fees as Dangote petitions ICPC. The House of Representatives also launches a probe. Get the full story.
Dangote Seeks ICPC Probe of NMDPRA MD Over $7M
Aliko Dangote petitions ICPC, alleging NMDPRA MD Farouk Ahmed misused public funds for children's Swiss tuition. Lawyers group condemns 'media trial'. Full story.
Protests Erupt Over NMDPRA Boss's $5M School Fees
Civil society groups announce coordinated protests in Nigeria, New York, and London, demanding NMDPRA CEO Farouk Ahmed's removal over alleged $5 million school fees scandal. Join the call for accountability.
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