The N50 stamp duty being charged customers for monies received into their accounts by electronic transfers, cash and cheques, will defeat the purpose of government’s cashless policy, analysts say.
The Central Bank of Nigeria (CBN), last week imposed stamp duties on all Deposit Money Bank and other
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Jumoke Akiyode
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
