Economic Confidential

Controversy Trails 7.2% VAT rate

Controversy Trails 7.2% VAT rate Controversy has trailed the 7.2 per cent Value Added Tax (VAT) proposed by the Federal Executive Council (FEC). The Chartered Institute of Taxation of Nigeria (CITN) lauded the increase, saying it was long overdue. According to the...

36.6 m NIN Issued to Nigerians- NIMC

36.6 m NIN Issued to Nigerians- NIMC The National Identity Management Commission (NIMC) has issued 36.6 million National Identity Numbers (NIN) to Nigerians as at September 11. The Director-General of the commission, Aliyu Aziz, disclosed this at an interactive session with...

Nigeria Records N8.6trn Foreign Trade In Q2

Nigeria Records N8.6trn Foreign Trade In Q2 Nigeria’s total trade with its foreign trade partners rose to N8.6 trillion in the second quarter (Q2) of 2019, the National Bureau of Statistics (NBS) has said. The value of total trade in Q2...

How PPP drives agricultural development

How PPP drives agricultural development Potentials are embedded in Public Private Partnerships(PPP) to drive agricultural development, Task Leader of the World Bank Assisted Agro-Processing, Productivity, Enhancement and Livelihood Support (APPEALS) Dr Adetunji Oredipe has said. Oredipe said this during the Lagos...

NCC to block 9.2m sim cards-FG

NCC to block 9.2m sim cards-FG The Federal Government has directed telecommunication operators, through the Nigeria Communication Commission (NCC) to block about 9.2 million sim cards without proper registration. The directive followed the submission of the short-term performance by the NCC...

NLNG Train 7 Project: Letter of Intent Signed by Shareholders

NLNG Train 7 Project: Letter of Intent Signed by Shareholders By Emmanuel Otiotio Jnr A decisive step in the way of signing the Letter of Intent (LoI) has been taken towards a Final Investment Decision (FID) by the Nigerian National Petroleum...
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