fiscal performance

  1. Federal Government Implements Stamp Duty Charges on Mortgage-Backed Loans

    Nigeria Federal Government Implements Stamp Duty Charges on Mortgage-Backed Loans

    In compliance with a directive from the Federal Inland Revenue Service (FIRS), Deposit Money Banks (DMBs) have been instructed to initiate the deduction of a 0.375 percent stamp duty charge on all mortgage-backed loans and bonds. This directive, communicated to customers through electronic...
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