Nigerian businesses can no longer treat stamp duty as a routine formality. Under the Nigeria Tax Act (NTA), failing to stamp a commercial contract could render it unusable in court or arbitration, putting billions of naira in deals at risk.
Olamide Sulaiman, a tax consultant, said the law marks a m
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Chioma Nwangwu
Chioma Nwangwu is a Tax Reporter at BusinessDay, covering Nigeria’s tax policies, regulatory reforms, and compliance trends. She reports on how evolving tax rules impact businesses, investors, and the economy, translating complex fiscal regulations into clear, actionable insights.
