‘Nigerians’ll No Longer Pay N50 On POS Transactions Above N1,000 From Next Year’
LAGOS DECEMBER 1ST (NEWSRANGERS)-The Federal Government has reviewed its policy on stamp duty charges, levied on electronic payments. This is captured in the new proposed finance bill, presently with the Senate. The new bill ensures that the N50 stamp duty charge will now be levied on electronic payments above N10,000 as against payments above N1,000….