Category Business

Non-oil revenue soars by 67% to N4tn, says CBN

CBN headquarters

The Federal Government has grown its non oil revenue by 67 per cent to approximately N4tn quarter-on-quarter, according to the Central Bank of Nigeria’s third quarter report. The report also showed that the Federal Government’s collected revenue increased by 50.1…

34 companies got three-year tax holiday in 2023 – FG

NIPC logo

The Nigerian Investment Promotion Commission on Friday, said it approved tax holidays for 34 companies seeking tax incentives and waivers under the Industrial Development Income Tax Act in 2023. This was disclosed by the Head of incentives administration, to  Lovina…