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

Nigeria rsquo;s new tax identification portal goes live nationwide tomorrow, Friday, January 1, 2026, marking a pivotal ...

The Federal Government has announced changes to the collection of stamp duties on electronic bank transfers, with the N50 stamp duty now to ...

Banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026, ...

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 ...

Starting January 1, Nigerians transferring above N10,000 will pay an additional N50 government stamp duty on electronic ...

Banks notify customers of changes to EMTL Electronic Money Transfer Levy (EMTL) revenue component of disbursements by the ...

Cash withdrawals, card payments, and online banking will face disruptions: make sure you have enough cash on hand for the New Year celebrations!

Discover how to transfer money between different banks efficiently. Learn about types, benefits, and limitations of external financial transfers.

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.

Hate that you have to pay Php 10 or more when transferring money from one bank to another? Well, that may soon be a thing of the past, if the Bangko Sentral Ng Pilipinas (BSP) had its way. According ...