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Tag "stamp duty"

Emefiele: Only N370bn collected as stamp duty in six years — not N89trn

    Emefiele: Only N370bn collected as stamp duty in six years — not N89trn

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the total revenue collected as stamp duty between 2016 and 2022 is N370.7 billion. Last month, Gudaji Kazaure, member

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‘No problem with money’ — presidency dismisses Kazaure’s claims on N89trn stamp duty cover-up

    ‘No problem with money’ — presidency dismisses Kazaure’s claims on N89trn stamp duty cover-up

The presidency has dismissed allegations made by Gudaji Kazaure, member of the house of representatives on mismanagement or embezzlement of stamp duty funds, claiming there were cover-ups by administration officials.

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‘No longer bank of the free’ — Customers react as Kuda Bank introduces N50 stamp duty

    ‘No longer bank of the free’ — Customers react as Kuda Bank introduces N50 stamp duty

Customers expressed disappointment as Kuda Microfinance Bank introduced N50 stamp duty on all deposits of N10,000 and above. On Monday, in a pop-up message to customers via its app, the

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Zainab Ahmed: No changes to VAT, stamp duty regime in 2021 finance bill

    Zainab Ahmed: No changes to VAT, stamp duty regime in 2021 finance bill

The federal government says there is no adjustment to the value-added tax (VAT) and stamp duty regime in the 2021 finance bill. The federal executive council (FEC) presided over by

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FIRS: Stamp duty, capital gains tax NOT adequately collected

  FIRS: Stamp duty, capital gains tax NOT adequately collected

The Federal Inland Revenue Service (FIRS) says stamp duty and capital gains tax are not collected adequately. Muhammad Nami, FIRS

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Malami writes governors, says no recoveries made on stamp duty since 2016

  Malami writes governors, says no recoveries made on stamp duty since 2016

Abubakar Malami, attorney-general of the federation (AGF) says the federal government is yet to recover stamp duty funds made from

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FIRS: We’re still in charge of stamp duty collection

  FIRS: We’re still in charge of stamp duty collection

The Federal Inland Revenue Service (FIRS) has countered reports that the Nigeria Postal Service (NIPOST) has been licensed for collection

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Court declares stamp duty charges on bank deposits, transfers illegal

  Court declares stamp duty charges on bank deposits, transfers illegal

A federal high court in Asaba has declared the deduction of stamp duty charges by Nigerian banks as illegal. Nnamdi

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FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

  FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

The Federal Inland Revenue Service (FIRS) says landlords do not have any reason to increase rents or lease agreements because

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One-year rent agreements to carry 0.78% stamp duty, FIRS clarifies

  One-year rent agreements to carry 0.78% stamp duty, FIRS clarifies

The Federal Inland Revenue Service (FIRS) says the six percent stamp duty charge on tenancy previously announced will only apply

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