Nigeria's Federal Inland Revenue Service (FIRS) has issued Information Circular No. 2020/05 of 29 April 2020, which provides clarification on the provisions of the Stamp Duties Act in light of recent amendments. This includes information on one of the main amendments, which is the expansion of the scope of instruments liable to stamp duties to include "electronic documents", as well as the addition of provisions for "electronic stamping" and "electronic denoting" of documents. The Information Circular also provides information regarding instruments and receipts liable to stamp duties, electronic documents received in Nigeria, stamp duties on bank deposits or transfers, loans...