VAT: Imminent confusion trails Nigerian businesses

The ongoing tango between federal and state government over Value Added Tax (VAT) collection is already spelling doom as members of the organised private sector raise the alarm that Nigerian businesses are confused over possible double deductions. TAIWO HASSAN reports. Indeed, the country’s business community has been complaining over the adverse effects of multiple taxes […]


LCCI: Q2 GDP shows economy fast recovering from COVID-19

Following the National Bureau of Statistics (NBS) second quarter 2021 result indicating that the country’s Gross Domestic Product (GDP) grew by 5.0 per cent, the Lagos Chamber of Commerce and Industry (LCCI) has described it as an evidence that the economy is recovering fast from COVID-19 trajectories. Director-General of LCCI, Dr. Chinyere Almona, while reacting […]

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