March 14, 2025

Nigeria Weekly News

Nigeria’s VAT Revenue Soars: N1.78 Trillion Collected in Q3 2024!

Chukwudi Adeyemi04 mins

Nigeria’s economy witnessed a significant boost in Value Added Tax (VAT) revenue during the third quarter of 2024. Collections reached a staggering N1.78 trillion, marking a substantial increase of 14.16% compared to the N1.56 trillion collected in Q2 2024. This surge also represents a remarkable 88% year-on-year growth from Q3 2023. This article delves into…

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Labour Party to Sue Defecting Lawmakers: A Battle for Nigerian Politics?

Editorial Team04 mins

Four members of Nigeria’s House of Representatives abandoned the Labour Party for the ruling All Progressives Congress (APC), triggering a legal battle and stirring up political tensions. The Labour Party, vowing to reclaim its lost seats, alleges that its former members violated the constitution and electoral laws. This defection raises concerns about party loyalty and…

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