Banks

FG Direct Nigerians To Fill 'Self-Certification' Forms In Banks Or Face Penalty

FG Direct Nigerians To Fill ‘Self-Certification’ Forms In Banks Or Face Penalty

The Federal Government of Nigeria leading by President Muhammadu Buhari has directed all account holders in all financial institutions to obtain, complete and submit Self–Certification Forms. This involves account in banks, insurance companies and other financial institutions. The Government of Nigeria shared this information via its verified Twitter account, explaining that the forms are required …

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Stamp Duty: FG Has Collected N20bn From Banks In 2020

Stamp Duty: FG Has Collected N20bn From Banks In 2020

  The total amount of N20 billion has been collected by The Federal Inland Revenue Service (FIRS) for stamp duty between January and June 2020.   A compulsory charges of N50 stamp duty is charged on all deposits at Banks, and electronic transfers of naira-denominated current and savings accounts for transactions of 10,000 and above. …

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