Category : Search result: bank charges VAT


CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

Nnamdi Kanu Sentenced to Life Imprisonment

IPOB leader Nnamdi Kanu receives life imprisonment for terrorism charges. Federal High Court delivers landmark verdict in Abuja. Full details and implications.

Court convicts Nnamdi Kanu on all seven counts

A Federal High Court in Abuja has found Nnamdi Kanu, leader of IPOB, guilty on all seven counts of terrorism. Justice James Omotosho delivered the verdict. Read the full details.

Nnamdi Kanu Convicted on Terrorism Charges

IPOB leader Nnamdi Kanu found guilty of terrorism by Abuja court. Judge cites violent radio broadcasts as evidence. Read the full details and implications.

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

Ghana Scraps Covid Levy, Cuts VAT to Boost Economy

Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.

Page 3 of 4