Nigerians to pay 7.5% VAT on bank transfers, USSD transactions from January 19
The sceptre of the Tax Reforms is now hanging over the heads of millions of Nigerians like a Sword of Damocle as the implementation of a part of the tax law kicks in next week. Nigerians will begin paying a 7.5 percent Value Added Tax (VAT) on selected banking services, including mobile bank transfers and…