Starting January 1, 2026, Nigerian banks will charge a N50 stamp duty on electronic transfers of N10,000 and above, excluding ...
Nigerian CommunicationWeek on MSN
Banks to impose N50 stamp duty on transfers of N10,000 and above from January 1
The Electronic Money Transfer Levy (EMTL), now rebranded as stamp duty, applies as a one-off fee on any electronic receipt or transfer into accounts at commercial banks or financial institutions for ...
Investor's Business Daily on MSN
Amphenol, IBD stock of the day, rides acquisition spree, AI data center boom
Amphenol has almost doubled in 2025 and is near new buy points, with several quarters of accelerating earnings and sales growth.
Guaranty Trust Bank Ltd has announced a change to the application of stamp duty charges on electronic bank transfers, in line ...
The Electronic Money Transfer Levy (EMTL) will be replaced with Stamp Duties effective January 1, 2026, in line with the provisions of the Nigeria Tax Act (NTA) 2025. Under the new framework, a N50 ...
As global trade standards evolve, Bangladesh’s paper-dependent trade finance system faces rising costs and risks. A coordinated approach to digitalisation is now essential to sustain competitiveness a ...
Decades after individual states began to allow the use of cannabis for medicinal purposes, licensed dispensaries still can’t ...
Fraudsters stole $1.3 million from the town of Cary this spring by altering a check meant for a town contractor. The money ...
We are approaching a moment where financial systems behave less like human-run institutions and more like intelligent, ...
While the term "financial supermarket" may have gone out of fashion, firms still see opportunity to boost profits and keep clients loyal by blurring the lines between banking and wealth management.
Discover how to transfer money between different banks efficiently. Learn about types, benefits, and limitations of external financial transfers.
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