"Nigeria’s Corporate Tax Rate, Global Highest"
The Centre for the Promotion of Private Enterprises (CPPE) has called for the review of Nigeria’s tax laws, saying that the corporate tax at about 34 percent represents the highest globally.
The firm noted that the current tax regime stifles...
President Buhari to Sign 2023 Budget Tuesday - Lawan
Lawan, who arrived at the State House few minutes before 3:00pm, said he discussed the President’s recent additional loan request and the 2023 appropriate bill.
He rued the signing of the appropriation bill is a bit later...
Immigration Generates N438bn From Passport Issuance, Others
The Nigeria Immigration Service (NIS) has generated N438.78bn as revenue from 2017 to date.
This came as the total sum of Internally Generated Revenue (IGR) by the agency almost doubled from N38.53bn in 2017 to N74.69 (budgeted IGR) in...
Credit To Private Sector Increases By N6.4trn In 11 Months
With banks increasing interventions in the real sectors, credit to private sector increased to N41.58 trillion in November 2022 from N40.84 trillion in October, the latest Central Bank of Nigeria (CBN) “Money and Credit” statistics...
"Naira Redesign, Flooding Affected Agric Sector In 2022"
The Nigeria Governors’ Forum has described the 2022 farming season as a serious nightmare for most farmers in the country due to the challenges in the agricultural sector.
It added that the naira redesign policy of the Central...
Fitch Predicts Slow Economic Growth For Nigeria In 2023
The Nigerian economy will continue to slump in 2023 due to activities leading to the general elections next year, but would likely pick in 2024, with growth rising to 3.3 per cent, a Fitch Solutions Country...