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Nigeria has effectively ended its era as a mono-product oil economy. New data from Quartus Economics reveals that between 2010 and 2024, the federation earned N161.1 trillion, with non-oil streams now providing the majority of government income. For the first time in decades, tax and non-oil revenues have eclipsed crude oil as the primary pillars…
Nigeria’s Value Added Tax collections climbed to N2.28 trillion in the third quarter of 2025, the National Bureau of Statistics has disclosed, representing a 10.66 percent increase over the N2.06 trillion recorded in the second quarter of the same year and a significantly sharper 28.10 percent rise when measured against the corresponding period in…
