Naira further depreciates against the US dollars

naira dollar

The exchange rate between naira and the US dollars depreciated at the Investors and Exporters window, at the beginning of this week’s trading to exchange at N434.75k, representing a 0.75% decrease when compared with N431.50k the currencies traded as at the close of business last week. An exchange rate of N437.50k to the dollar was … Read more

Nigeria generates 6Billion naira from VAT in Q2 of 2022


National Bureau of Statistics in its latest sectoral distribution of value-added tax for the second quarter of the year 2022, said Nigeria generated the sum of N600.15 billion Naira as Value-added tax, VAT. The figure represents a slight increase of 1.96% from the N588.59 billion recorded in the first quarter of the year. Tell me … Read more