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    Who Pays More Under the New VAT: USSD Users or App Users?

    8 hours ago

    Effective Monday, January 19, 2026, Nigerians will see an additional 7.5% VAT applied to certain electronic banking charges. The important detail is this: the VAT is applied to the service fee your bank or fintech charges for the transaction, not to the amount of money you are sending. That change raises a practical question for … The post Who Pays More Under the New VAT: USSD Users or App Users? appeared first on Business Elites Africa.
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