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: mobile transfers
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.
Nigerian Man Explains New 7.5% VAT on Bank Transfers
A Nigerian man clarifies how the new 7.5% VAT on mobile transfers, USSD, and POS works. Learn how it impacts service fees and what it means for your daily transactions.
New 7.5% VAT on Mobile, USSD Bank Fees Starts Jan 19
Financial expert explains new 7.5% VAT on mobile & USSD bank fees from January 19, 2026. Learn how it impacts your transfers alongside N50 stamp duty.
NRS: Banks Pay VAT on Transfer Fees, Not Customers
The Nigerian Revenue Service clarifies that the 7.5% VAT applies to bank service charges, not transaction values. Implementation begins January 19, 2026. Read the full details.
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 Players Flock to Casino Jackpots for Big Wins
Explore the key factors behind the rising popularity of casino jackpots in Nigeria, from mobile access to verified payouts. See real jackpot wins and trusted platforms.
New 7.5% VAT on Mobile, USSD Bank Transfers in Nigeria
Nigerians will pay a 7.5% VAT on mobile transfers and USSD banking from January 2026. Fintech firm Moniepoint clarifies it's a government directive, not a price hike. Consumer groups warn of financial strain.
7.5% VAT on Mobile, USSD Bank Transfers Starts Jan 19
Nigerians will pay 7.5% VAT on mobile transfers & USSD fees from January 19, 2026. NATCOMS calls it 'double taxation' and threatens legal action. Read the full details.
Convert Airtime to Cash Instantly in Nigeria: Step-by-Step
Learn how to convert excess airtime to cash instantly in Nigeria using Gosub.ng. Our step-by-step guide covers the process, benefits, and safety tips for 2026.
GTBank: Sender Pays N50 Stamp Duty on Transfers
GTBank has notified customers of a key change to the N50 stamp duty on electronic transfers under the new Nigeria Tax Act 2025. Find out what transactions are exempt.
Samsung to Double AI Devices to 800M in 2026
Samsung plans to double its AI-powered mobile devices to 800 million units in 2026, using Google's Gemini to challenge Apple and lead the global AI race. Read more.
AfroPari's 2025: Growth, Strategy, and Major Wins
AfroPari's 2025 success was driven by a player-centric approach, localized payments, and major user wins across Africa. See the key highlights and what's next.
Premier League Transfer Window: Key Moves & Targets
The Premier League transfer window is open! Get the latest on Liverpool's spending, Man City's Semenyo deal, Villa's title push, and Man Utd's Mainoo dilemma. All the key facts and analysis.
Man Exposes Bank Tax Deduction Error in Viral Tweet
A Nigerian man's viral tweet exposes a puzzling N73.05 tax deduction by GTBank, sparking widespread debate on the new tax reforms and bank transparency. See the full story and reactions.
Nigeria Hits Record 1.236m TB Mobile Data Use in Nov 2025
Nigerians consumed a record 1.236 million terabytes of mobile data in November 2025, NCC data reveals. Explore the drivers, key players like MTN and Airtel, and the challenges facing digital growth.
T2 Rebrand Fails, Loses 2,664 Subscribers in 3 Months
Fresh NCC data reveals T2, formerly 9mobile, continues to hemorrhage subscribers despite rebrand and MTN deal. Over 28,000 left in 2025. Read the full breakdown.
141 Nigerians detained in Ghana cybercrime crackdown
Ghanaian authorities arrest 141 individuals, predominantly Nigerians, in Accra suburbs for cybercrime. Laptops, phones seized. Landlords face prosecution for aiding networks. Read the full story.
141 Nigerians arrested in Ghana over cybercrime
Ghanaian authorities arrest 141 Nigerians in Accra for alleged wire fraud, romance scams, and sextortion. 38 laptops and 150 phones seized. Read the full story.
Nigeria's Forex Market Expands with Better Access & Liquidity
Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
Six remanded for assaulting Lagos traffic officials
A Lagos mobile court has remanded six suspects for attacking LASTMA and KAI officers during a midnight airport road operation. One officer was granted bail. Read the full details.
10 Mobile Banking Threats to Avoid in 2026
As 2026 approaches, Nigerian mobile banking users face 10 critical malware threats. Learn about AI phishing, fake apps, SIM-swap fraud, and how to protect your finances.
6 Remanded for Assault on LASTMA Officials in Lagos
Lagos State Mobile Courts remand six suspects for attacking LASTMA officers during an enforcement operation at Airport Road. 56 vehicles were impounded. Read the full details.
Netflix Announces FIFA World Cup 2026 Video Game
Netflix is launching an exclusive FIFA football game in summer 2026 to coincide with the World Cup. Playable solo or online on smartphones, it's a major move into gaming. Read more.
Airtel, Starlink to Expand Mobile Coverage in Remote Nigeria
Airtel Africa partners with SpaceX's Starlink to launch Direct-to-Cell satellite service in Nigeria by 2026, aiming to bridge the digital divide in remote areas. Read more.
BXcraft Forum Sparks Tech Skills in Nigerian Youth
Shedrach Jonah's session at the BXcraft Tech Forum demystified mobile development, offering a practical roadmap for young Nigerians. The event, supported by the Federal Ministry, aims to strengthen the nation's digital future.
CBN's New 72-Hour Rule for Reporting Fraudulent Transfers
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
Nigeria's Telecom GDP Contribution Hits 9.1% in Q3
Nigeria's telecom sector demonstrates resilience, contributing 9.1% to GDP in Q3 2025. Driven by mobile data demand and 5G rollout, the industry remains a key non-oil pillar. Discover the full economic impact.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
Complete MTN Recharge Guide for Nigeria Users
Learn multiple ways to recharge your MTN line in Nigeria using USSD codes, mobile apps, ATMs and online platforms. Quick and easy airtime top-up methods explained.
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