Tag
2023
In 2023, the 36 states of the federation shared a total net Value Added Tax (VAT) allocation of N1.489 trillion.
In 2023, Nigeria was the top recipient of payments from Shell, receiving approximately $4.92 billion. This amount, the highest paid to any government by the oil giant, included company income taxes, fees, royalties, and production entitlements from various projects within Nigeria.
The NGX Consumer Goods Index witnessed a 90.39% appreciation in 2023, as some consumer goods companies recorded impressive showings in the NGX during the year.
The year 2023 witnessed the introduction of new pieces of legislation into Nigeria’s constitution with the assenting of pivotal laws aimed to guide, protect, and provide for individuals and businesses across the country and abroad.
Federal Government in 2023 rolled out a series of strategic health policies addressing critical areas, ranging from eye health to mental well-being.
The Lagos State Government has announced that the Ikeja Overpass Bridge will be opened for public use on Tuesday, Dec. 19, 2023.
In the midst of its economic challenges, Nigeria has emerged as the leading hub for self-made billionaires in Africa in 2023.
Educational institutions in Nigeria paid 42% more taxes by the third quarter of 2023 based on a quarter-by-quarter analysis of data from NBS.
Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies.
The alternative lending market in Nigeria is expected to grow by 45.2% on an annual basis to reach $212.9 million in 2023.
Global debt reached a historic high of $307.4 trillion in the third quarter of 2023.