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...written by Easysource247 Selloff in highcap stocks drags market capitalisation by N883b

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...written by Easysource247 Nigeria’s Value Added Tax (VAT) increased by 1.75% on a quarter-on-quarter basis, reaching N709.59 billion in Q1

Nigeria’s VAT increases by 1.75% in Q1 2023, as manufacturing sector dominates contributions - easysource247 Nigeria’s Value Added Tax (VAT) increased by 1.75% on a quarter-on-quarter basis, reaching N709.59 billion in Q1 2023. The manufacturing sector accounted for the largest share of VAT collection in Q1 2023 at 29.65%. Information and communication followed with a share of 19.29%, while mining & quar...