Appeal Court Nullifies ₦579bn Stamp Duty Award to Kasmal Services, Rules in CBN’s Favour
The Court of Appeal in Abuja has overturned a controversial ₦579 billion judgment earlier awarded to Kasmal International Services Limited against the Central Bank of Nigeria (CBN), ruling that the funds in question belong to the Federation and not to any private entity. The appellate court, in a decision delivered on Wednesday, July 16, 2025,