Electronic Money Transfer Levy. "- ATM maintenance fee. "- Stamp duty. "- Funds Transfer charge. "- Excess Withdrawal/Deposit fee. "The fees are ridiculous." He urged the Central Bank of Nigeria ...

The record, contained in revenue-sharing data released by the Federation Account Allocation Committee (FAAC), explained that the December revenue surpassed the N15.046 billion recorded in November by ...

The E-Levy is a tax imposed on all electronic money transfers, except those explicitly excluded by law. The Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy (Amendment) ...

The expansion of the Electronic Money Transfer Levy (EMTL) to transactions on fintech platforms pushed the Federal Government’s revenue from ...

The revenue was shared at the January 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja.

Kofi Bentil, Vice President of the policy think tank IMANI Africa, has described the Electronic Transfer Levy (E-Levy) as the ...

The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N 1.424 trillion to federal, state and local ...

A total sum of N 1.424 trillion, being December 2024 Federation Account Revenue has been shared to the Federal Government, ...

Since the Mahama Administration announced its intention to eliminate the controversial and often criticised e-levy, along ...

The E-Levy is a tax imposed on all electronic money transfers, except those explicitly excluded by law. The Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy ...