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Finance & Economy
FIRS to boost tax revenue collection by 57% in 2024
The Federal Inland Revenue Service (FIRS) has revealed plans to significantly increase its tax revenue collection by 57% to N19.4…
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Business
Electricity: DisCos’ revenue collection rises 30% to N782.74bn
IN spite of ongoing epileptic power supply across the country, revenue collection by eleven electricity distribution companies, DisCos rose by 30…
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Finance & Economy
Nigeria lost N5trn to tax holidays granted 34 companies – Report
The Oxfam in Nigeria, Civil Society Legislative Advocacy Centre (CISLAC) and Connected Development (CODE) have said that Nigeria lost approximately…
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Finance & Economy
NBS: NUPRC, FIRS, Others Shared N53.5bn as November Collection Cost
Data from the National Bureau of Statistics (NBS) has shown that revenue-generating agencies, including the Nigerian Upstream Petroleum Regulatory Commission…
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Finance & Economy
FIRS suspends implementation of VAT guidelines
guidelines The Federal Inland Revenue Service (FIRS) has announced the postponement of the implementation guidelines for the value-added tax simplified…
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News
Nigerian Fintechs Secure $243m Funding, Trail Egypt, South Africa, Kenya
Nigeria’s fintech startups amassed $243 million in funding over the past year, marking the lowest among the “Big Four” African…
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News
NNPC Seeks Private Firms To Manage Port Harcourt Refinery
The Nigerian National Petroleum Company (NNPC) Limited is in the process of handing over the operations of the Port Harcourt…
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News
No plans for gas price hike –NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has ruled out the possibility of gas price hike, saying it…
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Finance & Economy
Nigeria’s Headline Inflation Increases by 28.92% YoY in December 2023 as Food Inflation Rises by 33.93%
All Items Index In December 2023, the headline inflation rate increased to 28.92% relative to the November 2023 headline inflation…
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Finance & Economy
Economist Projects Nigeria’s Economy to Grow at 3.47% in 2024
Nigeria’s economy has been projected to grow at 3.47% in 2024. Dr Biodun Adedipe, an economist and Chief Consultant at…
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