Business

NMRC lists N10bn bond on FMDQ platform

FMDQ Securities Exchange Ltd. has approved listing of the Nigerian Mortgage Refinance Company Plc (NMRC) Series 3 N10 billion fixed rate bond under its N440 billion bond issuance programme on its platform. The NMRC is a private sector-driven mortgage refinancing…

VAT increases by N29.98bn in Q4 — NBS

The National Bureau of Statistics (NBS) has said Value Added Tax (VAT) increased by N29.98 billion from N424.71 billion generated in third quarter to N454.69 billion in fourth quarter, 2020 (Q4 2020). The NBS said this in its “Sectoral Distribution…

SON seeks policy to repatriate substandard goods

The Standards Organisation of Nigeria (SON) has urged the federal government to consider a policy aimed at returning substandard goods to countries of origin to boost consumers’ confidence and strengthen international trade. Mallam Farouk Salim, SON’s Director-General, said, at an…