
No Separate TIN Needed To Open, Operate Bank Accounts – FIRS Clarifies
The Federal Inland Revenue Service (FIRS) has clarified that Nigerians do not need to obtain a separate Tax Identification Number (TIN) to open or operate bank accounts, amid reports suggesting a new requirement from January 2026. Arabinrin Aderonke Atoyebi, Technical Assistant on Broadcast Media to the FIRS Executive Chairman, Zacch Adedeji, explained in a statement…