Fidelity Bank Restricts Accounts Without Tax IDs In 2026 Act
December 18, 2025
4:51 pm
Nigerian Fidelity bank cites new tax law, warns customers to link TIN or NIN before January 1, 2026 or face transaction limits nationwide across all branches.
Fidelity Bank Plc has warned customers that bank accounts not linked to a Tax Identification Number or National Identity Number will face transaction restrictions starting January 1, 2026, as Nigeria moves to tighten enforcement of tax compliance laws.
The bank disclosed the plan in a notification sent to customers this week, citing requirements under the Nigerian Tax Administration Act (NTAA) 2025. The law mandates that all bank accounts belonging to taxable individuals must be
