The presidency and experts react as Nigerian banks’ 10% withholding tax on interest creates controversy
Nigerians and investors have expressed rising dissatisfaction with the implementation of a 10% Withholding Tax (WHT) on interest earned from savings and short-term investments. Over the last three days, many dissatisfied investors have flocked to social media sites, particularly X, to express their discontent, as numerous fintech banks began deducting the 10% WHT on earned … Read more