Nigerian banks to begin ₦50 stamp duty on transfers above ₦10,000 from January 1, 2026
[National Accord - Nigeria] - 31/12/2025
Nigerian banks will commence the deduction of a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026, in line with the implementation of the Tax Act. The development was communicated to customers through official notices issued by several financial institutions ahead (…)
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