NRC Generates N1.70bn in Q3
The Nigerian Railway Corporation (NRC) generated N1.70bn from passengers in the third quarter of 2024, an increase of 13.83% from the N1.49bn billion recorded in the same period last year.
A report by the National Bureau of Statistics (NBS) said the...
Nigeria Exports N181.62bn Electricity in 9 months - NBS
Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS) has shown.
A breakdown showed that N58.65bn was exported to Togo, Benin and Niger Republic...
NITDA Accuses X, TikTok of Tax Non-Compliance in Nigeria
The National Information Technology Development Agency (NITDA) has identified social media platforms X (formerly Twitter) and TikTok for failing to comply with tax filing requirements set forth in accordance with Nigeria's Regulatory framework.
In a report obtained...
Nigeria Generates N73trn From Oil Export Amid Govt Borrowing
Nigeria’s total crude oil export revenues hit N73 trillion in the 21 months spanning January 2023 to September 2024, data from the National Bureau of Statistics (NBS) for the period has shown.
The period also saw a...
Foreign Investments in Telecoms Decline by 87% – NBS
Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4m in the third quarter of 2024, marking an 87 per cent decline from the $113.42m recorded in the second quarter, the National Bureau of Statistics (NBS)...
The Grave Dangers in Tinubu’s Tax Reform: A Northerner's Perspective
By Bashir I. Bashir
The tax reform bill introduced by President Bola Ahmed Tinubu includes the controversial Section 77, which seeks to overhaul Nigeria’s tax system for improved efficiency and transparency. However, the potential implications of...
