Oil Firms’ Income Tax Payments Decline To N47.74bn       The company income tax paid by oil and gas companies to the Federal Government fell by N4.94bn or 10.25 per cent in 2020, official figures have shown. An analysis of data collated from the National Bureau of Statistics...

Company Income Tax Decline By N120.29bn       Total revenue from Company Income Tax dropped by N120.29bn in the fourth quarter of 2020. The National Bureau of Statistics disclosed this in its report on ‘Company Income Tax by sector’ which was released on Wednesday. Part of the report read,...

Fed Govt Earned N454.69bn From VAT In Q4, 2020         The Federal Government generated N454.69bn from Value Added Tax in the fourth quarter of 2020. The National Bureau of Statistics disclosed this in its report on ‘Sectoral distribution of Value Added Tax’ for fourth quarter of 2020. Part...

Nigeria Imports N2.59trn Goods From Asia In Three Months - NBS       Goods traded by Nigeria with other West African countries have been ranked as the least among the country’s global trade partners. Figures obtained from the National Bureau of Statistics’ foreign trade statistics for the third...

Average Kerosene Price Decreases By -0.17% - NBS         The National Bureau of Statistics (NBS) has said the average price per litre paid by consumers for National Household Kerosene decreased by -0.17 per cent month-on-month and increased by 10.05 per cent year-on-year to N352.79 last December...

Average Petrol Price Decreased By -0.94% In December - NBS         The National Bureau of Statistics (NBS) has said that average price paid by consumers for premium motor spirit (petrol) increased by 14.00 per cent year-on-year and decreased month-on-month by -0.94 per cent to N165.70 in...