'US Tariff May Slow Nigeria’s Economic Growth Prospects'   Nigeria’s economic growth prospects in 2025 face a potential slowdown due to a newly imposed 14 per cent reciprocal tariff by the United States on Nigerian imports. This was indicated in the latest ‘Nigeria Economic Outlook – April...

Nigeria's Telecom Industry Records $7.6bn Revenue in 2024   According to a report by PwC, Nigeria's telecommunications sector experienced substantial growth in 2024, with mobile service revenue totaling $7.6 billion. The report also showed that the global telecommunications industry is projected to generate $1.3 trillion in total...

Digital Economy: 21 African Countries Enact Tax Laws on Electronic Services - PwC Twenty-one African countries have enacted rules for non-resident suppliers to account for value-added tax, goods, and sales tax on electronically supplied services, a new report by PwC has revealed. According to the report,...

Lagos, Rivers, Others Flared $2bn Gas in Four Years A report by the Nigerian Gas Flare Tracker revealed that between 2020 and 2024, $1.9 billion worth of gas was flared in Nigeria. The report stated that during the period under review, 595.1 million standard cubic feet...

Nigeria’s Entertainment, Media Sector Revenue to Rise $13bn in 2027 - Report Nigeria’s entertainment and media sector is set to undergo remarkable expansion, with a projected revenue surge to $12.9bn by 2027, Pricewaterhouse Coopers said in its latest report. PwC’s African Entertainment and Media Outlook 2023-2027,...

FG to Stop Customs, 62 other MDAs from Collecting Revenues The Presidential Committee on Tax Policy and Fiscal Reforms says the Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of revenue. This was disclosed by...