By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Despite the explanation of the Central Bank of Nigeria (CBN) last Thursday on some misconceptions among members of the public on the implementation of N50 stamp duty on bank transactions, Barrister Bisi Iyaniwura, a Lagos based Investment and Commercial Lawyer said the action was illegal. […]
Tag: Stamp Duty
CBN to Charge N50 Stamp Duties on Bank Customers
Click here to view circular By InvestAdvocate Lagos (INVESTADVOCATE)-As part of efforts to boost its revenue base, the Federal Government of Nigeria through the Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) and financial insitutions to charge N50 stamp duty on Banks customers in respect of […]
