The manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend in 2025, contributing a total of N1.17 trillion in Value Added Tax (VAT), an increase of 45.61 per cent over the N803.53 billion in 2024. The sector’s Company Income Tax (CIT) contribution rose to N881.29 billion, marking a 32.83 per cent…
Shorouk Express BAKU, Azerbaijan, October 17. The economic outlook for the Middle East, North Africa, Afghanistan, Pakistan (MENAP), and the Caucasus and Central Asia (CCA) remains broadly positive, though challenges persist, said Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), during a press briefing, Trend reports….
Shorouk Express BAKU, Azerbaijan, August 23. On August 22, S&P revised the outlook for Kazakhstan’s sovereign credit rating from “Stable” to “Positive” while affirming the rating at “BBB-,” the Ministry of Economy of Kazakhstan said, Trend reports. According to the ministry, the agency’s decision reflects Kazakhstan’s steady progress in advancing institutional and economic reforms, including…
