Tag: stamp duty

A lawmaker had alleged that some government agencies misappropriated N89.09 trillion collected as stamp duty.

The presidency says consultants asked to be paid a professional fee of 7.5 percent and were placed under the supervision ...

The 36 state governments recently filed a suit at the suit at the Supreme Court seeking an order compelling the ...

The court fays the Nigerian governnent on disregard for court judgements.

NIPOST and FIRS are in dispute over who of them has the responsibility to collect stamp duties for the federal ...

The stamp duty varies from less than 1 per cent to 6 per cent depending on the duration of the ...

FIRS says stamp duty will give the instruments the force of law and make them legally binding on all parties.

FIRS said stamp duty collection rose between January and June 29 to N66 billion from the N18 billion collection throughout ...

A statement by the bank said deductions made between Saturday and Sunday would be reversed.

The details are contained in the Auditor-General’s annual report of the accounts of the federation of Nigeria for 2017.

The lawmakers accused the banks and others of “shortchanging the nation."

FOI requests seeking information on the disbursement of the funds have remained unanswered.

A court has ordered stoppage of the deduction.

N50 duty is imposed on all bank transactions above N1000, irrespective of the amount.