The Asaba Division of the Federal High Court has declared as illegal all ongoing stamp duty deductions by Nigerian banks.  Justice Nnamdi Dimgba said the Central Bank of Nigeria and all banks should immediately stop further collections of stamp duties from Nigerians because there was no provision for such taxes under the Stamp Duties Act. … Continue reading ₦50 Stamp Duty On Bank Deposits & Transfers Are Illegal – FHC Asaba