FG Plans To Progressively Raise VAT Rate To 15% – Report

Posted on October 24, 2024October 24, 2024 by GISTSMATE MEDIA

The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%. […]

FLASH: Reps Considering Increasing Derivation To 50 Percent

Posted on October 24, 2024October 24, 2024 by GISTSMATE MEDIA

The House of Representatives is considering a constitutional amendment bill aimed at increasing the derivation fund from the current “not […]

Posted on October 24, 2024October 24, 2024 by GISTSMATE MEDIA

The House of Representatives has asked the Central Bank of Nigeria(CBN) to make available more new notes of N200, N500 […]

Posted on October 24, 2024October 24, 2024 by GISTSMATE MEDIA

Nigeria’s public debt has reached an all-time high of N134.3 trillion, as of the end of the second quarter of […]

Posted on October 23, 2024October 23, 2024 by GISTSMATE MEDIA

Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), has directed the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and Liquefied […]

Posted on October 20, 2024October 20, 2024 by GISTSMATE MEDIA

The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part […]

Posted on October 17, 2024October 17, 2024 by GISTSMATE MEDIA

The federal government has officially ended fuel and foreign exchange subsidies, Minister of Finance and Coordinating Minister of the Economy […]

Posted on October 16, 2024October 16, 2024 by GISTSMATE MEDIA

The naira is one of the worst-performing currencies in Sub-Saharan Africa for 2024. According to the latest edition of Africa’s […]

Posted on October 16, 2024October 16, 2024 by GISTSMATE MEDIA

The House of Representatives has waded into the increase in the pump price of petroleum products. Moved by the Deputy […]

Posted on October 15, 2024October 15, 2024 by GISTSMATE MEDIA

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose by 12.74 percent to […]