A Guide to Stamp Duties in Nigeria PwC As a result deposit money banks and other financial institutions receiving cash deposits of NGN 10 000 and above are required to charge a one off NGN 50 levy The levy is to be accounted for by the person to whom the transfer or deposit is made
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Get PriceBeginning 13 January 2024 all electronic receipts or transfers of ₦10 000 or more for all types of bank accounts in Nigeria are subject to stamp tax duty of ₦50 This is in line with a new measure Section 89 3 added to the Stamp Duty Act by the Finance Act 2024 Read a January 2024 report [PDF 917 KB] prepared by the KPMG member
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Get PriceIt is very delighting to note that available report today from the Nigerian Geological Survey Agency NGSA confirms that Nigeria is endowed with over 44 mineral deposits occurring in commercial quantities in over 500 locations across the 36 states and Federal Capital Territory of Nigeria Yemi Osinbajo Vice President of Nigeria said recently
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