According to banks, the move is as a result of a circular from the Central Bank of Nigeria (CBN), “Following CBN directive, please note that we will be retrieving stamp duty on all your Dec 2016 and Jan 2017 transactions,” a commercial bank said in a text message to it customers. Isaac Okorafor, the acting director of corporate communications of the CBN, said the directive was as a result of a court order. “It is in compliance with the order of a court,” Okorafor said in a message to TheCable. The development comes at a time Nigerians are struggling to cope with the economic hardship in the land.]]>

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