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land borders to be reopened soon, Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019 , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020 , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ..., Foreign tech companies that will now pay tax to FGN: see the criteria

CBN holds N43 billion stamp duty charges from banks – FG

by Titobioluwa Okunade

December 12, 2019

The Federal Government has disclosed that the sum of N43 billion collected as stamp duty on domestic transactions is being ...

PoS agents, operators kick against N50 charge, seek policy reversal , Merchants upgrade POS machines to automatically charge N50 tax duty , FG reviews N50 stamp duty charge to transactions above N10,000, Government reviews stamp duty charge

PoS agents, operators kick against N50 charge, seek policy reversal

by Joseph Olaoluwa

October 31, 2019

The introduction of N50 stamp duty on individual transactions above N1000 has led to a reduction in the number of ...

CBN, Key lending rate, CBN to boost creative industry with N22 billion , CBN increases LDR to 65%, sets December deadline, External reserves drop by $3.2 billion in Q3’19 , Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion

New CBN circular targets Payment channels, FinTechs.

by Chike Olisah

September 20, 2019

The new circular is basically a tax on the volume of transactions and could rake in billions in stamp duty ...

Contract staffing in Nigeria Banks, Nigerian Banks, Number of contract staff across Nigerian banks drop by 3,083, biggest in 4 years

Stamp Duty Probe: Reps act tough, reveal 14 banks are owing N1.5bn

by Bamidele Samuel Adesoji

About fifteen (15) Nigerian banks will have to cough out the sum of N1.5 billion, being the total sum of ...

net interest income, Nigerian Banks, Fitch, Nigerian banks tremble over Cyber attack, Most Nigerian banks are very likely to fail stress tests should the economic downturn persists and deepens, What Banks can do to improve Real Sector Lending in 2021

RMAFC, NIPOST set to probe banks over stamp duty

by Fakoyejo Olalekan

January 25, 2019

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and the Nigerian Postal Services (NIPOST) have settled their rift to carry ...

CBN Gov Godiwn Emefiele

Like it or not, this is why we all have to pay for Stamp Duties

by Segun Olarinmoye

September 10, 2017

Stamp Duties are taxes paid to the Federal or State Government on documents such as Conveyances on sale, Bills of ...

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