December 12, 2024/CSL Research According to the National Bureau of Statistics (NBS), aggregate Value Added Tax (VAT) for Q3 2024 was reported at ₦1.78 trillion, a growth of 14.16% from ₦1.56 trillion in Q2 2024. Breakdown of the Q3 figures shows that local VAT payments amounted to ₦922.87 billion, a […]
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2025 Outlook-Reform to Recovery: Navigating the Rebound
December 12, 2024/Cordros Report In 2024, Nigeria’s macroeconomic environment witnessed significant changes as policymakers sustained market reforms in the monetary, FX, and fiscal space. In Q1-24, the naira was again devalued to align with the parallel market rate, reaching a record low (NGN1,851.00/USD) before stabilising within the range of USD1,500.00/USD […]
EAAIF Reaches Financial Close for 20 MW Solar Project in North-Western Uganda
The investment will bring power to hundreds of thousands of people in Uganda’s remote and underserved north-western region This project doubles the capacity of solar projects supported by EAAIF in Uganda December 12, 2024/Africa Practice London, 12 December 2024: The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private […]
