BusinessDay
Nigeria's leading finance and market intelligence news report.

Here’s the solution to banks illegal stamp duty deductions

The untold hardship bedevilling Nigerians is worsened by illegal stamp duty and sundry deductions by banks as customers go to social media to cry out. Stamp duty is applicable on all dutiable instruments, such as agreements, contracts, receipts, memorandum of understanding, promissory notes, insurance policies and other instruments stipulated in the Schedule to the Stamp…



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