Banks to begin 10% withholding tax deduction on foreign currency deposits interest Jan 1

Newmail | 01-01-2026 03:32pm |

Nigerian banks will start deducting a 10 percent withholding tax on interest earned from foreign currency deposits from January 1, 2026.The post Banks to begin 10% withholding tax deduction on foreign currency deposits interest Jan 1 appeared first on New Mail Nigeria.

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