July 27, 2020/NBS Sectoral distribution of Value Added Tax (VAT) data for H1 2020 reflected that the sum of N651.77bn was generated as VAT in H1 2020 as against N600.98bn generated in H1 2019. This represents 8.45% growth Year-on-Year. Professional Services generated the highest amount of VAT with N95.92bn generated […]
Updates
OPEC-Gabon Talks Embodies Africa’s Strong Support for Market Stability
Such a dialogue is key for compliance with the OPEC global production cuts deal of April, to which all of OPEC’s African member countries have agreed to July 27, 2020/AEC The OPEC-Gabon Bilateral Meeting that took place on July 24th has sent yet another signal of the strong dialogue and […]
Stanbic IBTC Seeks Regulatory Approval to Establish a Wholly-Owned Life Insurance Subsidiary
July 24, 2020/NSE Stanbic IBTC Holdings PLC (“Stanbic IBTC” or “the Company”), wishes to announce that it has commenced the process of seeking Regulatory approvals to establish a wholly-owned Life Insurance subsidiary to be known and referred to as Stanbic IBTC Insurance Limited. The commencement of operations for this proposed […]
