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Nigerian govt earns N1.53trn from foreign, local companies’ CIT in Q2 2023

Nigeria’s Company Income Tax (CIT) recorded 226.4 per cent quarter-on-quarter growth in the second quarter (Q2) of 2023, the National Bureau of Statistics (NBS)...

Business

Manufacturing, ICT, Banks, Highest Contributors As Nigeria Earned N1.49trn From VAT In Six Months

Nigeria earned the sum of N1.49trn from Value Added Tax within the first six months of this year, a report released by the National...

Business

Nigeria’s foreign VAT payments record N142.63bn, local payments hit N512.03bn in Q2 2023

The National Bureau of Statistics (NBS) disclosed the Value Added Tax (VAT) for the second quarter (Q2) 2023 was N781.35 billion, rising by 10.11...

Business

Unemployment: NBS Disowns Spokesman For Describing Kale As Worst Statistician General

The National Bureau of Statistics has disown the comment made by the head of Communications and Public Relations Department, Wakili Ibrahim for attacking a...

Business

It Makes No Sense Changing Nigeria’s Unemployment Methodology To One Hour A Week—Kale, Ex-Statistician-General

A former Statistician-General of Federation/ Chief Executive Officer of the National Bureau of Statistics, Dr. Yemi Kale, has faulted the methodology used in calculating...

Business

Uwaleke Calls For Reset Of ‘Faulty Economic Structure’ As Fuel Subsidy Removal Cripples Nigeria’s Transport Sector

Nigeria’s fuel subsidy removal crippled the country’s transportation and storage sector as activities contracted by -50.64 per cent in real terms in the second...

Business

Nigeria’s 4.1% Unemployment Rate Misleading, Does Not Reflect Economic Reality–Experts

Some Nigerian economists are not convinced with the latest unemployment data released by the National Bureau of Statistics, especially the part which said unemployment...

Business

NBS’ 4.1% Unemployment Rate Report Will Lead Govt To Wrong Economic Policy Decision —Uwaleke

The latest Labour Force Statistics Report released by the National Bureau of Statistics which put Nigeria’s unemployment rate at 4.1 per cent may lead...

Business

Breaking: Nigeria’s Unemployment Rate Drops From 33.1% To 4.1% –NBS

For the first time in over 24 months, the National Bureau of Statistics on Thursday released the unemployment figures for Nigeria with the country...

Business

Nigeria’s tax revenue to GDP falls below World Bank’s ratio

The National Bureau of Statistics (NBS) has revealed in its ‘Tax-to-GDP Ratio Revised Computation (2010-2021)’ report that Nigeria’s tax revenue to gross domestic product...

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