12 results for “vat”
The three tiers of government shared N2.428 trillion for September 2026, up N90 billion from August, as gross statutory revenue rose 8.6% on higher oil receipts while VAT collections fell 2.2%.
Kenya's National Assembly has extended the reduced 8 per cent VAT rate on petroleum products for three months, forgoing about KSh81 billion in revenue to cushion consumers as crude prices rise.
The Federal Ministry of Agriculture and the FAO begin World Food Day 2026 activities under the theme Innovate Today, Nourish Tomorrow, spotlighting innovation in Nigeria's food system.
Nigeria has launched a $500 million agriculture investment fund for the Niger Delta, pooling development finance and private capital to modernise farming and strengthen food security in the oil-producing region.
The Central Bank of Nigeria is mopping up excess cash to keep money-market conditions tight, supporting the naira and inflation but keeping borrowing costs elevated.
The World Bank Group says it is helping to mobilise up to $5.79 billion in private financing for Nigeria in 2026, a push projected to support about 850,000 direct and indirect jobs.
The development lender says its 2026 interventions combine credit, guarantees and investment to draw commercial funding into agriculture, finance and job creation.
The Stanbic IBTC Bank Nigeria PMI rose to 56.4 in September, with new orders and output expanding at the fastest pace since early 2022 across all four monitored sectors.
The World Energy Council Nigeria says the country has 44 critical mineral types, but attracting serious private capital will depend on ...
The proposed framework would let companies test emerging products under supervision while regulators coordinate requirements across sectors.
The transaction lifted eligible capital above the N500 billion minimum for an international commercial-bank licence, subject to final approvals.
The sharp month-on-month rebound strengthened state revenue, but comparisons with December require care because deductions and the timing of collections can move between periods.