Starting January 1, 2026, Nigerian banks will charge a N50 stamp duty on electronic transfers of N10,000 and above, excluding ...

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 ...

Guaranty Trust Bank Ltd has announced a change to the application of stamp duty charges on electronic bank transfers, in line ...

Nigerians will begin paying a ₦50 stamp duty on electronic bank transfers of ₦10,000 and above from January 1, 2026, as financial institutions implement provisions of the newly enacted Tax Act.The ...

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 the Electronic Fund Transfer Act safeguards consumers during electronic fund transfers, limiting liability and ensuring error correction through ATMs, debit cards, and more.