New ₦50 Transfer Charge Quietly Set To Begin January 1 - Business (2)

New ₦50 Transfer Charge Quietly Set To Begin January 1 - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › New ₦50 Transfer Charge Quietly Set To Begin January 1 (15120 Views)

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by oluayebenz: 11:56am On Dec 27, 2025

muyico:
Congratulations 👏🎉 to Nigerians !
Now 70k MW not different from 30k

I was shouting about the new minimum wage but many kept attacking me.

Instead of labour to fight for inflation and prices control, but they keep fighting for minimum wage, 80k that will soon be useless and equivalent to 25k

4 Likes

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Nobody: 11:58am On Dec 27, 2025

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by franchasng: 11:58am On Dec 27, 2025

The reason Tinubu is rolling out all these anti-people policies and tax is because he knows Nigerians will just talk and then adjust, if Nigerians are like citizens of other countries that will shutdown the nation if government do what they want like these anti people tax laws and bank fees angry

4 Likes

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Racoon(m): 11:58am On Dec 27, 2025

Perhaps the government may thinks this is a joke.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by tunde1200(m): 11:59am On Dec 27, 2025

SixSeven:
This is what 50 naira looks like. The fisherman and the sea, the sea (government) wants some of your fish.

Dem no send your tribe, see the faces on that note. How many of them are smiling They are all Nigerians like you.

You don't believe in this government but I assure you it will be utilized properly.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by always247: 11:59am On Dec 27, 2025

na who get money dey pay tax

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Chachalogo(m): 12:00pm On Dec 27, 2025

My bank has been charging me N50 for as long as I can remember. Does it mean that my bank will from January be charging me N100 as Tinubu's N50 has added?

Tinubu is evil. He doesn't care about the citizens, and this is why he will not return to power.

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by tunde1200(m): 12:00pm On Dec 27, 2025

SixSeven:
This is what 50 naira looks like. The fisherman and the sea, the sea (government) wants some of your fish.

Dem no send your tribe, see the faces on that note. How many of them are smiling They are all Nigerians like you.

You don't believe in this government but I assure you it will be utilized properly.
If you don't mind make some finding about those they have been collecting you will be amazed.
But am sure you will not do that because of hate in you

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by SlavaUkraini: 12:01pm On Dec 27, 2025

Na to dey transfer 9999 naira be that...

3 Likes

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by tunde1200(m): 12:01pm On Dec 27, 2025

[quote author=tunde1200 post=137923730]You don't believe in this government but I assure you it will be utilized properly.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by sleeknaija(m): 12:01pm On Dec 27, 2025

P1PrinceKT:
The most important thing is to make sure that these money are well utilized, I don't want a situation where someone will steal the money... After all our sacrifices....

So u are convenient with all the unnecessary deductions?

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Zocalite: 12:02pm On Dec 27, 2025

agbad0rians will not need to pay

emil0kan will pay for them

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by SixSeven: 12:02pm On Dec 27, 2025

Deleted

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Weathered: 12:03pm On Dec 27, 2025

Dude is just a tax burden to his generation and country. Truth is Lagos was and is on autopilot built by Nigerians especially migrants while the government just taxes and takes.

That's why Timubu has nothing to offer Nigeria but extortionist -taxation

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by tunde1200(m): 12:03pm On Dec 27, 2025

SixSeven:

You have no idea who you are talking to but I love your imagination. Vivid imagination.

Sorry the reply was not meant for you and adjusted it.

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by JaskanFactor: 12:04pm On Dec 27, 2025

PheelzAlmighty:
Nigeria is a fuggin crime scene

everywhere black people live in the world is a crime scene, cause its oyinbo running the show.
You think nigeria is bad, you should see haiti.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Darkmode64: 12:04pm On Dec 27, 2025

SixSeven:
This is what 50 naira looks like. The fisherman and the sea, the sea (government) wants some of your fish.

Dem no send your tribe, see the faces on that note. How many of them are smiling They are all Nigerians like you.

Lmaoo I like your sense of humor grin

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Bmaster(m): 12:05pm On Dec 27, 2025

tunde1200:
You don't believe in this government but I assure you it will be utilized properly.
If you don't mind make some finding about those they have been collecting you will be amazed.
But am sure you will not do that because of hate in you

Then why are they still borrowing to fund budget ?Abi ogun dey kee u for defending nonsense?

3 Likes

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by barinedan(m): 12:05pm On Dec 27, 2025

Who did we offend in this country? Why has Tinubu and his government decided that the poor men will never have joy in Nigeria? Instead of bringing people out of poverty you push the people into more poverty while the rich keep getting rich.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Zocalite: 12:06pm On Dec 27, 2025

tunde1200:
You don't believe in this government but I assure you it will be utilized properly.
If you don't mind make some finding about those they have been collecting you will be amazed.
But am sure you will not do that because of hate in you

tinubu government has turned to "God" that will should have faith

And people that don't believe it has hate in them

.......

You wrote this concerning a human being who pays you stipend so you can be defending him on nairaland

you shall receive your reward in 2026

1 Like

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Akwara042: 12:06pm On Dec 27, 2025*

Open letter to Tinubu, the president federal republic of Nigeria. Mr president it's like we made a mistake by voting you into power.. Remember we still have our voters card with us.. we will not even allow you to do campaign around us to avoid confusing us again to vote for you..
Thank you sir for all the hardship you caused for us.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Dididrumz(m): 12:06pm On Dec 27, 2025

But we already started paying this N50 charge on transfers from N10,000 and above, so what are they talking about? Shey na another one?

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by tunde1200(m): 12:07pm On Dec 27, 2025

Bmaster:
Then why are they still borrowing to fund budget ?Abi ogun dey kee u for defending nonsense?

Must you insulting before you make a good and genuine points.
Stop taking weeds omo were

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Jayce242: 12:08pm On Dec 27, 2025

Lorayne:
We've been doing this since na.... Abi dey wan add additional #50?

No they were only charging receiver for transaction above 10k. But now they will start charging both sender and receiver. Sender pay 50 & receiver also pay 50.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by bobogogo: 12:08pm On Dec 27, 2025

Spiritmask:
Opay don't charge the sender, but the receiver, from next year, both the sender and receiver will pay N50.
Currently only the receiver pays the N50, from next year, the sender will start paying it,.
What it means is that if you are sending N10,000+ to your love ones, bank will charge a total of N100, N50 from u and N50 from them.
Example, if you want to send N10000 for something urgent, you have to have N10100, then you will send N10050, bank will deduct 50 from your account, when it reach the receiver, they will get N10,000 after bank have deducted another N50.
This charges is only for stamps duty, and other charges will be included during the transaction

Bros!
This your explanation don reach to send thunder wey go trike apc.
Which kind half chance nigerians enter?

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by tunde1200(m): 12:10pm On Dec 27, 2025

Seems that's what you do for Peter Obi unfortunately for you am an aircraft maintenance engr with lots of ratings.
No government can pay me for this shit you doing already.

Zocalite:
tinubu government has turned to "God" that will should have faith

And people that don't believe it has hate in them

.......

You wrote this concerning a human being who pays you stipend so you can be defending him on nairaland

you shall receive your reward in 2026

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by chudez0147(m): 12:10pm On Dec 27, 2025

Something I’ve been paying for some time now .

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by ernieboy(m): 12:11pm On Dec 27, 2025

oluayebenz:
I was shouting about the new minimum wage but many kept attacking me.

Instead of labour to fight for inflation and prices control, but they keep fighting for minimum wage, 80k that will soon be useless and equivalent to 25k

who is going to control inflation and price? Do u know how the economics work?

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Jayce242: 12:11pm On Dec 27, 2025

motymop:
looks like majority of people here don't have a bank account or maybe they don't have 10k in their account to send

people acting like this is something new

They want to start charging both sender & receiver. Before only receiver was charged 50, now both the receiver & sender will be charged 50 naira each.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by jehoha696(m): 12:11pm On Dec 27, 2025

Before naw the receiver go pay,but now naw the sender pay,no lele,but aje some banks go soon bill both d sender and the receiver.
This Tinub APC led government don turn to tax master,we go pay tax tire,even heard about cars recycling payment, every soon if u wake up u go pay money give government,..... The problem might not be the payment,but what's the money been used for,money wey agbero(NURTW,RTEAN,TODAL.....) Dey collect steady for road,and still yet the roads looks more like HIGH WAY TO DEATH.... "E GO BETA"

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by Sainttops(m): 12:12pm On Dec 27, 2025

[quote author= post=137923261]Source: https://www.google.com/amp/s/www.vanguardngr.com/2025/12/new-%25E2%2582%25A6100-transfer-charge-quietly-set-to-begin-january-1/amp/[/quote]......Our promise is to keep you informed of any policy changes that may affect your account or how transaction charges apply. In line with the new tax law, we would like to notify you of upcoming changes to the Electronic Money Transfer Levy (EMTL) taking effect in 2026.

What is changing?

Currently, a flat rate of ₦50 Electronic Money Transfer Levy (EMTL) applies to transfers of ₦10,000 and above, and this charge is paid by the receiver.

Effective January 1, 2026:

EMTL will now be referred to as Stamp Duties.
The ₦50 charge will apply to transfers of ₦10,000 and above.
The sender will bear the charge.
We will continue to keep you informed and ensure your banking experience remains seamless.

Re: New ₦50 Transfer Charge Quietly Set To Begin January 1 by HisaacPlus: 12:13pm On Dec 27, 2025

1 Like

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