In favor of the people, a Federal High Court sitting in Asaba Delta State has ruled that it’s illegal for banks to charge depositors N50 stamp duty. The ruling delivered on December 9 puts an end to the controversial policy introduced by the Central Bank of Nigeria (CBN) earlier. The presiding Judge, Justice Nnamdi Dimgba … Continue reading Court Rules Stamp Duty on Bank Transactions Illegal As CBN Approves New License for Nigerian Payment System