By Jemimah Wellington, JKNewsMedia Reporter FOOD PRICES in Nigeria have risen sharply, climbing by 60.88 percent since May 2023, despite substantial investments and loans aimed at boosting food production across the country. Data from the National Bureau of Statistics (NBS) actually reveals that food inflation, which stood at 24.82 percent whe...
By Jemimah Wellington, JKNewsMedia Reporter A 28.2% decline in Nigeria’s company income tax (CIT) revenue marked the third quarter of 2024, with total collections dropping to N1.77 trillion from N2.47 trillion in the preceding quarter, according to the National Bureau of Statistics (NBS). The CIT, levied on profits of both local and foreign co...
