Nigeria records N1.20trn VAT, N1.13trn Company Tax in Q4 2023 – NBS

The National Bureau of Statistics (NBS) said the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023. This is according to the VAT Q4 2023 report released in Abuja on Thursday. The report shows a growth rate of 26.61 per cent on a quarter-on-quarter basis from N948.07 billion in Q3 2023. It … Read more

Corruption in Nigerian judiciary is extensive – UNODC

The United Nations Office on Drugs and Crimes (UNODC) says corruption is prevalent in the Nigerian judiciary. A representative of the UNODC, Melissa Omene, said this on Friday at a judicial accountability event in Abuja. The event was organised by Tapinitiative, a not-for-profit organisation Speaking on a 2019 survey that was conducted by the UNODC … Read more

Food prices rose in November – NBS

The National Bureau of Statistics (NBS), says prices of beef, rice, beans, onion, tomato, and other food items increased in November. Average price of 1kg of boneless beef increased by 29.61 per cent from N2,337.46 recorded in November 2022 to N3,029.50 in November 2023. “On a month-on-month basis, price of 1kg boneless beef increased by … Read more