Banks Warn: Unlinked Accounts To Face Restrictions by January 2026

By FIDELUS ZWANSON

COMMERCIAL banks have urged customers to link their accounts to their National Identification Number (NIN) or Tax Identification Number (Tax ID) ahead of the enforcement of new tax laws in January 2026.

In notices issued to customers, banks said the Nigerian Tax Administration Act 2025 requires all accounts to be linked to a Tax ID or NIN before 1 January 2026, or they risk restrictions.

Fidelity Bank warned that accounts without updated details may be blocked from transactions and advised customers to submit their NIN via its online portal or USSD code.

Ecobank also urged customers to update their NINs by 13 November 2025, offering an online portal and branch visits as available options.