By Our Correspondent The umbrella body of manufacturers in the country, the Manufacturers Association of Nigeria, MAN says the planned increase in Value added Tax, VAT and introduction of Stamp Duty on Bank transactions from N1000 and above would further erode the purchasing power of Nigerians and increase the plight […]
Tag: Value Added Tax
SEC,NSE,CSCS rake in N9.4bn in 2013
Three agencies in charge of the Nigerian capital market – Securities and Exchange Commission (SEC), Nigerian Stock Exchange (NSE) and Central Securities Clearing System (CSCS) – earned N9.360 billion from equity sales in 2013 an investigation revealed. Daily Trust gathered that the SEC got 0.3 per cent of total value […]
NSE Notify Issuers on VAT Payment
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Tuesday notified all issuers on the mandatory payment of value added tax (VAT) in compliance with the law on VAT which commenced in 1993. The Exchange in a notice made available to InvestAdvocate said it’s mandatory for all issuers, stockbrokers, issuing […]
