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Nigeria records N948.07bn VAT in Q3 2023 – NBS

The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N948.07 billion in Q3 2023.…

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Nigeria generates N1.49trn from VAT in H1’ 2023 – NBS

Nigeria generated N1.49 trillion as the aggregate revenue from value-added tax (VAT) in the first half of 2023, according to…

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IMF lauds FG’s management of COVID-19 pandemic

The International Monetary Fund (IMF) has lauded the Federal Government’s proactive management of the COVID-19 pandemic and its economic impacts.…

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FG yet to implement VAT on imported LPG — marketers

The Federal Government is yet to implement the payment of Value Added Tax (VAT) on imported Liquefied Petroleum Gas (LPG),…

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Nigeria’s external debt servicing jumps by 74% to $520.78m in Q3 2021

Nigeria spent a sum of $520.78 million on external debt servicing in the third quarter of 2021, rising by 74.2%…

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Finance Bill 2022: TIN not required to operate bank account–Presidency source

There are no provisions in the Finance Bill 2022 forcing Nigerians to have a Tax Identification Number(TIN) in order to…

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VAT declines as CIT receives boost in Q3 – NBS

Value Added Tax (VAT) recorded a N11.76 billion decrease from N512.25 billion in Quarter Two, 2021 to N500.49 in Quarter…

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Manufacturers to lose N1.9trn over re-introduction of excise duty

The Manufacturers Association of Nigeria (MAN) says the proposed re-introduction of excise duty collection on non-alcoholic drinks will see producers…

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Agriculture

Nigerians urge FG to address rising cost of food items,cooking gas

Nigerians from the South-West zone have decried the rising cost of food items and cooking gas, calling on the Federal…

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2022 budget: Kaduna Govt targets N24.9 bn VAT, N67 bn IGR

Gov. Nasir El-Rufai of Kaduna State, says the state expects an internally generated revenue of N67.26 billion and N24.9 billion…

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