Tesla Achieves Record Vehicle Deliveries Following Price Reductions, Elon Musk Says “Right Choice” for Company
Electric car manufacturer Tesla announced that it delivered a record number of vehicles in the second quarter of the year,...
CPPE Urges Immediate Actions to Alleviate Cost of Living and Production Challenges
The Centre for the Promotion of Private Enterprise (CPPE) has reiterated the importance of taking urgent measures to mitigate the...
Revenue-Generating Agencies Delay Remittance of N1.6 Trillion to Federation Account
According to the Post-Mortem Sub-Committee (PMSC) of the Federation Account Allocation Committee (FAAC), revenue-generating agencies associated with the FAAC have...
Construction and Real Estate Sector Contributes N70 Billion in VAT Payments over Five Years
According to data was analyzed from the quarterly VAT report released by the National Bureau of Statistics (NBS), the construction...
FG Aims to Generate N12 Billion Annually from New Vehicle Tax
The Federal Government of Nigeria has announced its intention to generate approximately N12 billion per year through the implementation of...
Cash Crunch Plagues 25 Nigerian States as Internally Generated Revenue Falls Short
According to a report by The PUNCH, approximately 25 states in Nigeria encountered a shortage in internally generated revenue (IGR)...
Arrival of Fuel Vessels Expected to Lower Petrol Prices as Marketers Gear Up
Major oil marketers and independent dealers have announced that significant shipments of Premium Motor Spirit (petrol) are set to arrive...
NGX Investors Gain N5.3 Trillion in H1 2023 Amid Bold Economic Reforms
Equity investors in the Nigerian Exchange Limited (NGX) have seen their wealth increase by N5.3 trillion in the first half...
Insurance Operators Face Challenges Amid Economic Downturn and Naira Depreciation
Insurance operators in Nigeria have been significantly affected by a weak economy and limited access to foreign exchange, leading to...
Proposed Electricity Tariff Hike May Drive Multinational Companies out of Nigeria, Warns MAN
The Manufacturers Association of Nigeria (MAN) has raised concerns that the proposed increase in electricity tariffs by power distribution companies...
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