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Are Nigerians really going to be taxed every time money enters their bank account? In this episode of Open Insight on Primarald TV, Bar. Ikio Beinbein breaks down Nigeria's new tax law in simple language so you can understand what is actually happening and what is just social media panic. We unpack the key issues around the 2026 tax reforms and the Nigeria Tax Administration Act: who will be affected, income thresholds, TIN/Tax ID registration, how bank accounts are being linked, and what it means for workers, small businesses, market traders, students, and people in the informal sector. You'll learn: Whether every bank deposit is now "taxable" or not How tax authorities really use your bank account information The truth about automatic deductions, transfer narrations, and "gift" payments What the new tax‑free thresholds and brackets mean for your salary or hustle What TIN/Tax ID and NIN integration means for opening and operating bank accounts Practical steps to stay compliant without fear or confusion No fear. No rumours. Just facts, context, and clear insight so you can make better financial decisions in 2026 and beyond. If you are a worker, business owner, market trader, student, POS operator, freelancer, or creator, this is a conversation you need to hear. Watch now and stay informed. Chapters: 0:00 – Introduction: Why everyone is talking about tax 2:10 – Are Nigerians really taxed on every bank deposit? 6:45 – Inside the new tax law: what changed in 2026 11:20 – TIN / Tax ID, NIN and your bank account 16:05 – How this affects salary earners and side hustles 21:30 – Small businesses, POS, and market traders 27:15 – Can tax authorities see your bank account? 32:40 – Myths, rumours, and what the law actually says 38:10 – What you should do next #OpenInsight #PrimaraldTV #NigeriaTax #NewTaxLaw #TIN #TaxID #FinancialLiteracy #Nigeria #FIRS