11
SepCrude Oil price falls below $70 per barrel
The international oil benchmark, Brent Crude, fell below $70 per barrel on Tuesday for the first time since the end of 2021, amid growing concerns about slowing global economic growth. Brent Crude dropped by more than three percent, falling below the $70 per barrel mark, while the main US contract, […]
11
SepFG generated N1.56trn on VAT in Q2 2024-NBS
The National Bureau of Statistics (NBS) has reported that the Value Added Tax (VAT) for Q2 2024 was N1.56 trillion, marking a 9.11% increase from N1.43 trillion in Q1 2024. According to the NBS, local payments amounted to N792.58 billion, foreign VAT payments were N395.74 billion, and import VAT contributed[…]
11
SepInvestors gain N343bn as stock market rises by 0.62%
Transactions on the floor of the Nigerian Exchange on Tuesday, September 10th, 2024, closed on a positive note. The All-Share Index appreciated by 0.62%, rising from the previous close of 96,206.46 points to 96,802.80 points. Investors gained N343 billion as the Market Capitalization increased from N55.283 trillion to N55.626 trillion.[…]
09
Sep‘Dangote Petrol to hit market September 15, no guarantee of lower pricing’- NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to commence lifting petrol from the Dangote Refinery on September 15. However, the company has cautioned that there is no guarantee of lower fuel prices. In a statement issued by NNPCL’s Chief of Corporate Communications Officer, Olufemi Soneye, the company[…]
