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Tuesday, 24 December 2019

Nigerian govt orders business owners to stop N50 POS charge

The federal government has reacted to the N50 stamp duty imposed on consumers for transactions. The Federal Competition and Consumer Protection Commission (FCCPC) said it had engaged the Central Bank of Nigeria (CBN) and both agreed that the charge was counterproductive and burdensome. Babatunde Irukera, FCCPC Chief Executive Officer, in a statement on Tuesday said […]

Nigerian govt orders business owners to stop N50 POS charge

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