Equities Market Opens in the Red with N112bn Loss

The Nigerian equities market began the week on a bearish sentiment as investors lost N112bn on market capitalisation to close at N55,282 trillion as against N55, 394 trillion at the close of trading last week while the benchmark all- share index drop…

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VAT Rate Remains 7.5% – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has debunked reports that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10% from 7.5%.

The Minister in a statement, affirmed that the VAT rate as…

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Equities Market Opens in the Red with N112bn Loss

The Nigerian equities market began the week on a bearish sentiment as investors lost N112bn on market capitalisation to close at N55,282 trillion as against N55, 394 trillion at the close of trading last week while the benchmark all- share index drop…

Read More

Nigeria Earns N1.56trn VAT in Q2, 2024

The Nigeria Bureau of Statistics, NBS, says the Federal Government’s aggregate receipt of the Value Added Tax ( VAT) Q2 2024 stood at N1.56 trillion, indicating a growth rate of 9.11% on a quarter-on-quarter basis from N1.43 trillion in Q1 2024.

Acc…

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Nigeria Earns N1.56trn VAT in Q2, 2024

The Nigeria Bureau of Statistics, NBS, says the Federal Government’s aggregate receipt of the Value Added Tax ( VAT) Q2 2024 stood at N1.56 trillion, indicating a growth rate of 9.11% on a quarter-on-quarter basis from N1.43 trillion in Q1 2024.

Acc…

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VAT Rate Remains 7.5% – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has debunked reports that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10% from 7.5%.

The Minister in a statement, affirmed that the VAT rate as…

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ICPC Reaffirms Commitment to Support SERVICOM

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission in Nigeria (ICPC), Dr. Musa Aliyu, has reaffirmed his commitment to support the Service Compact with All Nigerians (SERVICOM) to ensure effective service delivery…

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ICPC Reaffirms Commitment to Support SERVICOM

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission in Nigeria (ICPC), Dr. Musa Aliyu, has reaffirmed his commitment to support the Service Compact with All Nigerians (SERVICOM) to ensure effective service delivery…

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