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15

Mar
Business & Economy

Nigeria generated N697.38bn as VAT in Q4 2022- NBS

The National Bureau of Statistics recently reported that Nigeria generated an aggregate of N697.38 billion as Value Added Tax (VAT) in Q4 2022.  This shows a growth rate of 11.51% on a quarter-on-quarter basis from N625.39 billion in Q3 2022. Local payments recorded were N408.12 billion. Foreign VAT Payments were[…]

15

Mar
Market Update

Nigerian Bourse declines again, closes 0.12% lower

It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as the All Share Index declined again by 0.12% to close at 55,722.90 points against the previous close of 55,788.37 points on Monday. The market capitalisation closed at N30.356 trillion, shedding 35 billion from[…]

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