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Government workers in Oyo State will begin receiving a minimum wage of N80,000 starting January 2025. This move aims to improve their earnings.
MTN Nigeria pays approximately N200 billion in Value Added Tax (VAT) every month, according to the Presidential Fiscal Policy and Tax Reforms Committee. This makes MTN the company contributing the largest amount of VAT among all companies in Nigeria.
Foreign companies operating in Nigeria have paid a total of N3.85 trillion in taxes to the Federal Government in the first nine months of 2024, according to reports. This payment includes contributions from major firms such as Google, Netflix, and Facebook.
The Securities and Exchange Commission is seeking policy support to drive Nigeria's $1 trillion economy, highlighting the importance of the capital market in promoting sustainable economic growth.
