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The Federal Government has directed all banks, fintechs including Palmpay, Moniepoint, Opay and Other financial Services to Start Deducting N50 from all money transfers effective today, December 1, 2024. Fintech companies have started notifying their customers of plans to begin deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above […]
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The Enugu State Government has given reasons for imposing a tax on d3ad bodies in morgues across the state. Speaking on Sunday, the Executive Chairman of Enugu State Internal Revenue Service (ESIRS), Emmanuel Nnamani, said the move was not spurred by a revenue generation drive. He stated this while reacting to the Mortuary Tax circular […]
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The Federal Government on Monday announced the suspension of duties, tariffs and taxes for the importation of some food items through land and sea borders. The foods include maize, husked brown rice, wheat, and cowpeas. The Minister of Agriculture and Food Security, Abubakar Kyari while announcing a 150-Day Duty-Free Import Window for food commodities said, […]
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Reports just received say that Boko Haram insurgents have imposed taxes on residents and communities in Shiroro Local Government Area of Niger State. The State Governor, Muhammed Bello, yesterday lamented the displacement of thousands of the local government area residents particularly around Munya and Shiroro. According to him, “There are some other communities that we […]
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