The Nigeria Tax Reform Acts 2025 introduced several sweeping changes to the country’s tax landscape. Among these reforms is the requirement for a tax ID to operate a banking account in Nigeria. The measure is set to take effect in January 2026.
Taxpayers in Nigeria have had questions ranging from the propriety of the measure to what it means for their business and personal operations going forward. We have, in the attached infographic, provided answers sourced from official statements on the subject. Read through and be informed.
EOTI 
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