A Novel Analysis Concerning Finance


Stamp Duty on Nigerian Stock market transactions pegged at 0.08% from December 7 The NSE has given clarifications on the public notice released by the FIRS, itemizing contract notes at an ad valorem rate of 0.08%. The Nigerian Stock Exchange has given clarifications on the public notice released by the Federal Inland Revenue Service (FIRS) in July, itemizing contract notes at an ad valorem rate of 0.08% up from 0.075%, effective 7th December 2020. The circular released by the Nigerian Stock Exchange reads: “In click here for info reference to the Public Notice in the Business Day Newspaper of Monday, 20 July 2020, captioned ‘Clarification of Administration of Stamp Duties in Nigeria’ issued by the Federal Inland Revenue Service (FIRS) (A copy is attached as Appendix A for ease of reference). “The Public Notice provided, amongst other things, information on dutiable instruments and the applicable flat or ad valorem rates, with Contract Notes 1 itemized at an ad valorem rate of 0.08%. As you know, this is at variance with the current rate of 0.075% administered in the Nigerian Capital Market.” To that extent, Dealing Members of the Nigerian Stock Exchange are to note the following: Effective December 7, 2020, the Central Securities Clearing System Plc. (CSCS) will adjust its system to implement the automated deduction of the Stamp Duty rate of 0.08%. Dealing Members are required to immediately engage their software vendors for the required adjustments to their technology applications, to reflect the 0.08% rate ahead of the effective date of 7 December 2020. Dealing Members are required to communicate the changes above to their clients immediately, ahead of the effective date. Nairametrics revealed that the FIRS listed at least 50 types of transactions that are eligible for stamp duty deductions. Some of the listed chargeable transactions include bank deposit or transfer, loan agreement, Memorandum of Understanding (MoU), sales agreement, will, tenancy/lease agreement, and all receipts.


[Insurance] [Insurance]

From afar you can see that the lower structure of the bridge moves and changes shape. Construction elements that adapt to ever-changing circumstances fall under the heading of ‘adaptive structures.’ This form of architecture is becoming more and more fashionable now that the construction industry is under pressure to do something to unburden the environment. The industry is looking for new ways of construction to meet increasingly stringent environmental standards. Adaptive structures are structures that are capable of actively absorbing the load on them by using e.g. sensors, and actuators. These send information to a control terminal. Structures are built to withstand extreme situations (crowds, extreme wind, and other natural conditions), although these rarely occur. The pedestrian bridge (6.6 meters in length, 1 meter wide, 16 centimeters deep in a stationary state) is not located outdoors. It is actually in a test facility located in a room at the Applied Computer and Mechanics Laboratory (IMAC), part of the École Polytechnique Fédérale de Lausanne (French-language Technical University of Lausanne, Switzerland).

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