Presidency, experts react as Nigerian banks’ 10% withholding tax on interest sparks outrage

Nigerians and investors have expressed growing frustration over the implementation of a 10 percent Withholding Tax (WHT) on interest earned from savings and short-term investments. Over the past three days, many aggrieved investors have taken to social media platforms, particularly X, to vent their displeasure, as several fintech banks commenced the deduction of the 10

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