Payout · CBN rate cut in September
Receipt
+₦3,964
- Type
- Payout
- Amount
- +₦3,964
- Status
- Completed
- Date
- Wed 23 Sep 2026 · 15:12 WAT
- Reference
- PAY-48213-1033
- Fee
- ₦0
- Your shares
- 40 No shares at ₦82, each paid ₦100
How we worked out your payout
- Gross payout (40 × ₦100)
- ₦4,000
- Withholding tax (5%, Lagos State)
- −₦36
- Paid to your balance
- ₦3,964
The tax is 5% of your winnings of ₦720: the ₦4,000 payout minus the ₦3,280 your shares cost. We pay it to Lagos State for you, and it is listed in your monthly statement.
Something wrong with this transaction? Contact support and quote PAY-48213-1033.