Nigeria’s VAT Revenue Hits N1.43 Trillion In Q1 2024, Up 19.21% From Previous Quarter
Nigeria’s VAT revenue rose to 19.21%, reaching N1.43tn in Q1 2024, while CIT revenue dropped by 12.87%, hitting N984.61bn.
Nigeria’s VAT revenue rose to 19.21%, reaching N1.43tn in Q1 2024, while CIT revenue dropped by 12.87%, hitting N984.61bn.
PwC says Nigeria’s advertising industry was worth N605.2 billion in 2023 and is projected to be N893 billion by 2028.
Tolaram plans to buy Diageo’s 58.02% shareholding in Guinness Nigeria Plc, with Diageo retaining ownership of the Guiness brand.
Following his retirement, Peterside announced he won’t seek re-election and will step down from the Standard Bank Group board committee.
“It’s patently absurd that Apple isn’t smart enough to make their own AI,” Musk said in response to OpenAI integration.
Kenya has secured a significant financial boost after reaching a staff-level agreement with the International Monetary Fund.
Singapore Airlines has offered up to $25,000 in compensation to passengers who suffered serious injuries during a severe turbulence incident.
Coronation Merchant Bank’s credit ratings significantly improved from ‘CC’ To ‘B-’, reflecting the bank’s strategic initiatives and resilient profitability.
At Apple’s developer conference, the company introduced its AI strategy, “Apple Intelligence,” featuring the integration of ChatGPT into Siri.
Access Bank has finalised acquisition, integrating BancABC Tanzania into its operations for enhanced African expansion and growth opportunities.
Finance Minister Edun has highlighted liquidity as crucial for power sector performance in Senate Committee investigation on gas supply deal.
Afreximbank has disbursed $40 million to Fidelity Bank for the acquisition and recapitalisation of Union Bank UK.
CBN has stressed the importance of the ongoing banking industry recapitalisation exercise for the overall growth of Nigeria’s economy.
Oando announced $550 million participation in NNPC’s Project Gazelle, raising total amount to $925 million.
Telecoms experts have called for urgent government support to save Nigeria’s telecom sector, highlighting potential nationwide economic fallout.
Senate President Akpabio Commended Dangote’s Completion of 650,000 bpd Refinery, tagging It the Ninth Wonder of the World
Air Peace says the extended availability on its London route aims to provide more options and convenience for passengers.
Air Peace says the extended availability on its London route aims to provide more options and convenience for passengers.
NUPRC plans to monetise half of flared gas via NGFCP and also noted Nigeria’s historic 60% cut in methane emissions.
The EFCC has arraigned TSTV MD Echefu, accused of defrauding a senior lawyer of N960 million among other charges.
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