Tag Archives: It Is Illegal To Deduct N50 On Customers Bank Account#

Stamp Duty Charges: Court Rules Against Zenith Bank, CBN, Says, It Is Illegal To Deduct N50 On Customers Bank Account

ASABA – A Federal High Court sitting in Asaba, Delta State has ruled that it is illegal to deduct N50 as stamp duty on teller deposits or electronic transfers of monies from N1,000 above. This is contained in a Judgement of the court delivered on Thursday, December 9, 2020 by …

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