FG rakes in N1.09t from indirect taxes

The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data from the National Bureau of Statistics. This represents a 10.29 per cent increase from N984.33bn obtained in the first two quarters of…

Nigeria’s economy is bleak, says World Bank (Guardian)

The World Bank has said that Nigeria’s Gross Domestic Product (GDP) growth is expected to hover slightly below two per cent in 2018, largely driven by non-oil industry and services. Its “Economic Update” issued in Abuja yesterday indicates that Nigeria,…

Tourism sector contributed N800bn to Lagos GDP in 2017 – Ambode

Lagos State Governor, Akinwunmi Ambode, on Monday said activities within the tourism sector, which has massive opportunities, contributed about N800 billion to the state’s Gross Domestic Product (GDP) in 2017. The Governor made the declaration at the Lagos Tourism Summit,…

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