Tax payments from foreign companies in Nigeria dropped by 45.3 percent within three months, according to the latest Company Income Tax (CIT) report by the National Bureau of Statistics.
The report showed that the tax revenue to the Federal Government declined to N596.1 billion in the fourth quart
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
