Friday , October 22 2021

Tag Archives: Business News in Nigeria

Nigeria Generates N1 Trillion from VAT in H1 2021 – NBS

Nigeria Generates N1 Trillion from VAT in H1 2021 - NBS

Nigeria generated N1 trillion from Value Added Tax (VAT) in the first half of the year 2021, consisting of N512.25bn in the second quarter and N495.39bn generated in the first quarter. The figures were contained in the ‘Sectoral distribution of Value Added Tax’ report released on Tuesday by the National …

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FEC Approves $11.17 Billion Rail Project to Link Coastal Cities

FEC Approves $11.17 Billion Rail Project to Link Coastal Cities

Owing to Federal Government’s commitment to expanding and consolidating on the rail project, the Federal Executive Council has approved the sum of $11.17bn to link all of Nigeria’s coastal cities by rail in six years. Minister of Information and Culture, Lai Mohammed, briefed State House correspondents after the virtual FEC …

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