December 27, 2025
Headlines

EMTL

2025 budget: FG Beats EMTL Target By N88.73bn As Electronic Transactions Surge

GISTSMATE MEDIA03 mins

A surge in electronic transactions by Nigerians has helped the Federal Government to beat its revenue target by N88.73 billion by half-year 2025. This is according to data contained in the Federal Government’s 2025–2027 Medium Term Expenditure Framework (MTEF), just released by the Budget Office. The EMTL performance helped boost the government’s non-oil revenue for…

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

GISTSMATE MEDIA03 mins

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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