Nigeria
PFAs invest N7.40tn in FG securities, infrastructure
About N7tn of the N9.99tn pension fund assets has been invested in the federal government securities by pension fund administrators.…
FG excludes food items, others from VAT
The new Finance Act 2019 set to take effect from February excludes basic food items, sanitary towels, pads, and tuition…
CBN’s N225.45 billion treasury bills auction records oversubscription
The Central Bank of Nigeria’s (CBN) Treasury Bills Auction that held last Wednesday was oversubscribed in spite of the low rates. The…
BREAKING: Inflation rate jumps to 11.98% as border closure continues
Nigeria’s inflation rate rose year on year from 11.44% as at the end of 2018 to 11.98% by December 2019. This…
7.5% VAT to take effect February 1, says Finance Minister
As Nami unveils 4-point pillars for FIRS Adds "What I‘ll achieve in 100 days" The Minister of Finance,…
FG begins implementation of Finance Act, 7.5% VAT on transactions
The federal government has commenced the immediate implementation of some aspects of the Finance Act with the implementation of 7.5…
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