Tag: Government Revenue

The Federal Government has challenged the World Bank’s assessment that interest payments consumed 124% of its revenue in the first ...

Nigeria’s economy is becoming increasingly driven by non-oil activities, with the latest Gross Domestic Product data showing that the sector ...

Value Added Tax, popularly known as VAT, is one of the major taxes used to generate revenue for the government. ...

Nigeria has taken another major step in regulating its fast-growing digital economy by introducing new tax guidelines for cryptocurrency and ...

Nigeria recorded a major increase in non-oil revenue in February 2026, with collections rising to N2.40 trillion, according to the latest ...

The Federal Government has intensified efforts to improve revenue generation and eliminate financial leakages by engaging commercial banks and other ...

The International Monetary Fund (IMF) has urged Nigeria to broaden its tax base by introducing excise duties on telecommunications services ...

Nigeria’s oil revenue fell N7.88 trillion short of the federal government’s budget target, underscoring mounting fiscal pressures on Africa’s largest ...

Nigeria’s economy remains highly vulnerable to swings in global crude oil prices, underscoring the structural risks of Africa’s largest oil ...

Nigeria’s National Revenue Service (NRS) has launched a unified tax identification system designed to centralise taxpayer records, improve compliance, and ...