Top 10 sectors that paid the most VAT in Nigeria in 2023
The Nigerian economy has displayed significant dynamism in the collection of Value Added Tax (VAT), with some sectors showing exceptional ...
Tag: NBS
News and analysis about NBS
Top 10 sectors that paid the most CIT in Nigeria in 2023
Nigerian companies are stepping up their contributions to the national purse despite challenges in the business environment.
Top 10 most expensive states to live in Nigeria in February 2024
In Nigeria, some states are more expensive to live in when compared to others according to data from the National ...
Nigeria gets N3.64 trillion VAT in 2023
Nigeria has recorded a 45.02% increase in its Value Added Tax (VAT) collections, amassing a total of N3.64 trillion in ...
Bank Recapitalisation: 17 out of 24 banks might not meet CBN capital requirements- Report
A new report from Ernst and Young estimates that 17 out of 24 banks might not meet the capital requirement ...
Nigeria gets N4.9 trillion CIT in 2023
Nigeria’s Company Income Tax (CIT) collections rose by 73.14%, reaching N4.9 trillion in 2023, up from N2.83 trillion recorded in ...
Nigeria’s agricultural goods imports exceeds exports by N1.037 trillion in 2023
The value of agricultural goods imported into Nigeria in 2023 exceeded exports by N1.037 tn marking the 5th year imports ...
Dangote, Lafarge, BUA Cement’s power cost gulp N598 billion in 2023 as inflation, exchange rate bites
Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc spent a whopping sum of N598.137 billion in fuel and ...
Nigeria’s vehicle imports increased by 226.4% in 2023
The total value of Nigeria’s used vehicle import increased significantly from N325.05 billion in 2022 to N1.063 trillion in 2023- ...
10 States with Cheapest Healthy Diet in Nigeria
Eating a healthy diet during Ramadan is pivotal for maintaining optimal health and energy levels, as fasting from dawn to ...
