Nigeria to impose 10% withholding tax on interest on short-term securities

October 29, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2510/792929-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>Nigeria’s tax agency has directed banks, stockbrokers and other financial institutions to deduct a 10% withholding tax on interest earned from investments in short-term securities, the Federal Inland Revenue Service (Firs) said on Tuesday, 28 October 2025.</p><br> <a href=”https://www.bizcommunity.com/article/nigeria-to-impose-10-withholding-tax-on-interest-on-short-term-securities-060225a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=262837″>Email</a></p><div style=”clear:left”></div>