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Stamp Duty On Electronic Money Transfer

Does Stamp Duty apply to payments to merchants or bill payments?
Yes, if the transaction is an eligible electronic money transfer as defined by the regulations, Stamp Duty will apply. The rule is based on the transaction ...
Tue, 13 Jan, 2026 at 4:25 PM
Who gets the money collected as Stamp Duty?
The funds are collected by financial institutions on behalf of the Federal Government of Nigeria, in accordance with the Finance Act.
Tue, 13 Jan, 2026 at 4:25 PM