Tag: EMT levy

  • Nigeria May Earn N462bn From EMT Levy

    Nigeria May Earn N462bn From EMT Levy

    The World Bank has said, in its ‘Resilience through Reforms’ report, that Nigeria would likely make N462 billion from the electronic money transfer levy as a source of stable revenue in 2021. According to the report, the EMT levy was introduced in the Finance Act 2020, which amended the Stamp Duty Act and taps into…