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flag Nigeria requires a Tax Identification Number for all taxable financial accounts by January 1, 2026.

flag Nigeria mandates a Tax Identification Number (TIN) for all financial accounts by January 1, 2026, for individuals and entities engaging in taxable activities. flag The TIN, integrated with national registries like the National Identification Number (NIN), streamlines tax compliance and prevents evasion. flag The Federal Inland Revenue Service clarifies that all Nigerians do not need a separate TIN; it is automatically linked for many. flag Those not earning taxable income are exempt. flag The move aims to enhance transparency and financial access while combating fraud.

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