The Federal Government has reviewed its policy on stamp duty charges, levied on electronic payments. This is captured in the new proposed finance bill, presently with...
The Central Bank of Nigeria (CBN) and the Nigeria Interbank Settlement System (NIBSS) are working for the application of remittance processes to ensure the seamless collection...
Bank customers are to pay more for Point of Sale (PoS) transactions. This follows a Central Bank of Nigeria’s directive to banks to charge N50 Stamp...
The Economic and Financial Crimes Commission, EFCC, has expressed concern over the use of POS (Point of Sale) machines in the country. Speaking at the meeting...