FIRS loses stamp duty collection right to NIPOST

FIRS loses stamp duty collection right to NIPOST

FIRS loses stamp duty collection right to NIPOST   The Federal Government on Thursday declared that the Nigeria Postal Service was the agency authorised to produce and collect stamp duties across the country. By this declaration, NIPOST has reclaimed the right to collect stamp duties from the Federal Inland Revenue Service. This brings to an end the prolonged years of scuffle between both agencies on who had the authority to collect stamp duties in Nigeria. The Minister of Communications and Digital Economy, Isa Pantami, made the latest decision public in…

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NIPOST in tripartite deal to offer Western Union money transfer services

NIPOST in tripartite deal to offer Western Union money transfer services

The Nigerian Postal Service (NIPOST) says it has commenced Western Union (WU) money transfer and payments services in its Post Offices. It stated that the service is beginning with a pilot scheme at the Victoria Island Post Office and Marina Post office in Lagos State. NIPOST is offering the services in collaboration with Interchange, a multi-national financial services network and the Western Union. For effective and efficient service delivery to the citizenry, the NIPOST said it plans to leverage on its workforce and over 1,400 post office outlets and postal…

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