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PoS operators in Nigeria raised fees due to a new ₦50 levy. The ₦50 levy applies to transactions of ₦10,000 or more. The charge affects both...
The attorneys general in Nigeria’s 36 States has sued the Attorney General of the Federation and Minister of Justice, Abubakar Malami, for non-remittance of stamp duties...
The Nigerian Postal Service (NIPOST) has refuted claims by the the Federal Inland Revenue Service (FIRS), that it was operating an illegal Stamp duty account. The...
The introduction of stamp duty for house rent has ruffled feather and engendered public outcry. In its bid to calm frayed nerves and correct the misinterpretation...
The Federal Government says it has generated as stamp duty revenue a total of N66 billion between January and June 2020. Confirming this report into the inauguration...
Access Bank on Sunday said it would be liable for the payment of stamp duty charge for February to April. The bank in a statement on...
The volume of electronic payment transactions through Point of Sale (PoS) terminals dropped by 4.83 billion in one month. According to the Nigerian Interbank Settlement System...
The Central Bank of Nigeria is set to investigate merchants that have refused to comply with its directives on the Point of Sale charges. The apex...
The Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country. The Head, Communications and Servicom Department, Wahab Gbadamosi, made...
The senate has directed its committee on finance to investigate the alleged non-remittance of over N20 trillion stamp duty into the federation account by Central Bank...