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Topic: New bill mandates tax ID for opening bank accounts  (Read 482 times)

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New bill mandates tax ID for opening bank accounts
« on: October 11, 2024, 01:00:15 PM »
New bill mandates tax ID for opening bank accounts

A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to provide a Tax Identification Number as a precondition for opening a new account or operating an existing one. According to the bill, titled “A Bill for an Act to Provide for the Assessment,


 
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