News
-
Investors Gained N1.82trn as NGXASI Advanced by 3.39%; BDC Rate Depreciated to N1,320/USD
. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market closed higher by 3,329.48 points, ending the day with a positive market…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »