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 MoreCategory: Business
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…
Read MoreEquities 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 MoreNigeria 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…
Read MoreNigeria 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…
Read MoreWe’re Not the Sole Offtaker of Dangote Refinery – NNPCL
The Nigeria National Petroleum Company NNPC Ltd says it’s attention has been drawn to a press statement by
the Muslim Rights Concern, MURIC, which claims that the Dangote
Refinery Limited (DRL) is being undermined by actions of the Nigerian
Nation…
Read MoreVAT 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…
Read MoreICPC 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…
Read MoreICPC 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…
Read MoreNext NDC government will invest hugely in cashew sector-Mahama
Former President John Dramani Mahama, also the flagbearer of the National Democratic Congress (NDC) says the next NDC government will prioritise and invest into hugely into the cashew sector for the nation to derive the optimum economic benefits.
He…
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