No Result

View All Result

No Result

View All Result

No Result

View All Result

Tag: capital importation

Analysts predict FGN-Saudi Arabia FDI deals Geo-Political tensions cost Why Nigeria’s Q2 capital importation declined

Why Nigeria’s Q2 capital importation declined to $2.60bn

by Chima Nwokoji

October 14, 2024

Experts have identified reasons Nigeria’s struggle to attract foreign investment remains dismal as underscored by the second quarter (Q2) 2024 ...

Stanbic IBTC Insurance gets audit certification, Stanbic IBTC Bank launches senior citizens Stanbic IBTC Capital clinches five awards, Stanbic IBTC Asset Management launches campaign Blue Blossom Stanbic female entrepreneurs, Stanbic IBTC leads nine other banks in capital importation into Nigeria in Q1 2024,N148.71bn right issue: Stanbic IBTC to allocate 96% to banking subsidiary

Stanbic IBTC leads nine other banks in capital importation into Nigeria in Q1 2024

by Chima Nwokoji

Stanbic IBTC Bank Plc has received the highest capital importation into Nigeria in the first quarter (Q1) 2024 with $1,257.38 ...

NBS report on 3.46% GDP growth decline in unemployment Nigeria's inflation rises to 32.70%, VAT in Q1 2024 NBS, Food prices push Nigeria’s inflation rate to

Lagos remained top destination of capital importation into Nigeria in Q4 2023 —NBS

by Tribune Online

February 19, 2024

During the fourth quarter of 2023 (Q4 2023), Lagos State maintained its position as the leading recipient of capital influx ...

Banking sector tops list of capital importation recipients

by Chima Nwokoji

August 22, 2022

THE banking sector has been adjudged the first on the list of sector recipients of capital importation, receiving about 42 ...

NBS CODE partner Food prices push inflation rate, Nigeria’s inflation rate rises, NBS, Foundation to develop public sector performance index,Inflation drops by 0.37, Beyond the feel good, Inflation rate slowed, Nami enjoins W/African taxmen to step up revenue mobilization growth Sanya Adejokun - Abuja Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has asked tax authorities across West Africa step up their efforts towards generating higher tax revenues for their respective countries to accelerate development in the region. Nami who spoke on Thursday at the opening ceremony of the “Regional Seminar on the Problems of Tax Transition in West Africa”, organised by the Steering Committee of Support Program for Tax Transition in West Africa (PATF) said the governments needed enhanced tax revenues to tackle development-related challenges they confront, especially in the areas of “health and security difficulties”. Nami congratulated Member-countries “for the relentless work you have done since January 2020, the date of the effective start of the PATF.” He noted that “since the establishment and effective holding of the first Steering Committee, the execution of the missions in progress has accelerated, making it possible to have results that can be shared by the actors of the Program and the beneficiaries. "Since then, we have come a long way, with results that are certainly mixed, but encouraging and which should encourage us to continue our work.” According to him, areas where the PATF needed to work on to achieve its set objectives include “establishment of the PATF Steering Committee; improving the management of tax expenditures in the region; providing a practical guide for Value Added Tax (VAT) management for West Africa; the creation of a regional methodology guide for the evaluation of tax expenditures; and the establishment of an information system specific to the UEMOA and ECOWAS Commissions.” To achieve these goals, Nami posited that “our countries must have national databases and a regional platform” even as he observed that “this indispensable steering body of our consultation system still lacks vitality, as it does not have institutional and financial guarantees.” He tasked participants “to complete your work as soon as possible, but above all to propose innovative, realistic and feasible recommendations. "Our various governments are facing health and security difficulties; in this context, they greatly need these results.” Also speaking, Director of Fiscal Affairs and Public Finance at WAEMU, Habbas Traoure, said since January 2020, experts have started working to provide technical support for 15 member countries and Mauritania. "Completing the task will help to fight domestic tax evasion and drive revenue mobilisation and fight illicit tax flows. This will help is develop capacity to do well in this area. "We've had study on VAT and the ECOWAS commission is proud of the result achieve so far and this seminar is a prove to show that we are on the right track. This meeting will help us review what has been done and help the actors to brainstorm on the measures to be out in place to addresses issues affecting taxation in the region. On his part, Director of Trade, Customs Union at ECOWAS, Tiemtore Salifou spoke of the imperative for tax authorities in the region to share experiences and move towards moving tax revenue and ensure that international tax standards are implemented, Breweries Beverages boost, Federal School of Statistics graduates charged Inflation, NBS,

Capital importation declines to $5.5bn ìn Q2 ― NBS

by S-Davies Wande

August 21, 2018

NBS THE total value of capital importation into Nigeria stood at $5,513.55 million in the second quarter of 2018. "This ...

No Result

View All Result

© 2023 Tribune Online, an online publication of African Newspapers of Nigeria Plc. All Rights Reserved.