BREAKING: ‘Suspend #50 Tax On #10,000 Transfer Or…’, NANS Threatens Action Over Electronic Money Transfer Levy

The National Association of Nigerian Students (NANS) has called on the federal government to suspend the Electronic Money Transfer Levy (EMTL) of #50 on #10,000 transaction. GISTSMATE MEDIA earlier reported that Fintech apps including Opay, Moniepoint, Palmpay has started implementation of EMTL payment of #50 on #10,000 transaction. In a press release jointly signed by…

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Prof. Fashina Ex-Students Group Commends FUOYE VC For Outstanding Achievements

A group of over 500 former students of Professor Abayomi Sunday Fasina, a highly esteemed lecturer in the Faculty of Agricultural Sciences at Ekiti State University (EKSU), has publicly commended the Vice-Chancellor of the Federal University Oye-Ekiti (FUOYE). This commendation recognizes his remarkable achievements in academia and transformative leadership, particularly during the recent 9th Convocation…

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Reforms: Akpabio, Akume Beg Nigerians To Be Patient With President Tinubu

Senate President Godswill Akpabio and Secretary to the Government of the Federation, Senator George Akume, have appealed to Nigerians to exercise patience with President Bola Tinubu’s administration, insisting that the economic and political reforms currently causing hardship will ultimately yield prosperity. This was disclosed in a statement issued on Sunday by the Special Assistant to…

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NRS: VAT On Banking Fees Isn’t New —Here’s What You Need To Know

The Nigeria Revenue Service (NRS) has dispelled misinformation doing the rounds on the imposition of Value-Added Tax (VAT) on banking services, including electronic money transfer, fees and commission, describing the reports as incorrect and misleading. In a statement on Thursday, NRS said VAT has always applied to banking services and is not newly introduced under…

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