Nigeria suspends 5% excise duty on telecom services

Nigeria has suspended the planned five per cent excise duty on telecommunications services. Meanwhile, the Nigerian National Petroleum Company says that the cost of petrol will rise to 462 naira per litre once subsidy on PMS is removed. Johnson Chukwu, the CEO of Cowry Asset Management, joins CNBC Africa to discuss these stories.
Thu, 08 Sep 2022 19:16:20 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.