The African Export-Import Bank (Afreximbank) has called for improved investment in manufacturing and infrastructure in Africa, saying such will unlock the continent’s economic potentials.
Activities in Nigeria’s industrial sector contracted again in September- marking the ninth consecutive decline in 2024 with PMI...
The National Bureau of Statistics (NBS) has disclosed that total Company Income Tax (CIT) collections amounted to N2.47...
The Manufacturers Association of Nigeria (MAN) has reacted to the recent decision by the Central Bank’s Monetary Policy Committee (MPC) to increase the interest rate by 50 basis points stating that the continuous hike in MPR since May 2022 leads to an increase in production costs and finally prices of goods.
A review of the recently released Company Income Tax (CIT) report for the first quarter of 2024 reveals that income tax payment by companies in manufacturing, agriculture and 12 others declined by a minimum of 16%.
The Nigerian Gross Domestic Product (GDP) grew by 2.98% year-on-year in the first quarter (Q1) of 2024.
The Nigeria Labour Congress (NLC) has said that Nigerians want to hold the Federal Government accountable for funds injected into the textile industry in a bid to resuscitate it.
Samsung Electronics West Africa announced a partnership with the New Home Distribution (Africa) Limited (NHDAL).
The Managing Director of M & E Kaiser Limited, Jamila Faniyi has said that the manufacturing sector, healthcare and entertainment have received major investments in their real estate.
Manufacturing, ICT and banking sectors led others as the top three sectors that accounted for 56.3% of the total tax payment in the period under review
VAT revenue in the first half of the year increased by 11.7% to N1.19 trillion from N1.06 trillion generated in the second half of the previous year.
Companies in the manufacturing, Telco, Agro-Allied, Oil, and Gas, and Industrials defied inflation to post record revenue growth.
