Financial experts back Nigeria’s proposed 25% income tax for the wealthiest, calling it a key step toward economic recovery and fairer wealth distribution
Guinness Nigeria posts a 111% revenue growth in Q1 2024, driven by strong product demand and strategic consumer engagement
The World Bank’s latest report reveals Nigerian banks’ non-performing loans have reached 5.1%, surpassing the prudential benchmark
Nigeria’s fiscal deficit reaches N4.3trn in Q2 2024, driven by surging debt service costs and recurrent expenditures, despite increased revenue from exchange rate gains and improved tax efficiency.
IMF projects a slowdown in Nigeria’s economic growth due to the impact of heavy floods and drop in oil production.
Following a two year wait FG finally approves ExxonMobil’s $1.2 billion onshore assests sale to Seplat Energy.
Nigerian Government aims towards greater revenue generation by targeting gaming and betting services with taxes.
FAAC distributes N1.298 trillion for September 2024 among the Federal, State, and Local Governments, with funds from VAT, EMTL, and Oil Royalties.
Nigeria lands $119 million in investments for MSMEs and the tech sector from Ericsson and Gluwa, following VP Shettima’s meeting with Swedish investors.
The Nigerian government, through the NUPRC, rejects Shell’s $1.3 billion onshore asset sale to Renaissance Group
