Tag: #Mining

  • COMPANY INCOME TAX DROPS TO ₦1.49TRN IN Q4 2025 — NBS

    COMPANY INCOME TAX DROPS TO ₦1.49TRN IN Q4 2025 — NBS

    Nigeria’s Q4 2025 CIT sees sharp quarterly decline but posts modest annual growth, with financial, manufacturing, and mining sectors leading contributions. The National Bureau of Statistics (NBS) reports that Nigeria collected ₦1.49 trillion in Company Income Tax (CIT) in Q4 2025, down 49.81% from ₦2.96 trillion in Q3. Domestic CIT contributed ₦819.83 billion, while foreign…

  • ALAKE PUSHES ENERGY HUBS TO BOOST AFRICA’S MINING POWER

    ALAKE PUSHES ENERGY HUBS TO BOOST AFRICA’S MINING POWER

    Minister says regional corridors could unlock billions and fast-track Africa’s industrial future. Nigeria’s Minister of Solid Minerals Development, Dele Alake, is calling for the creation of regional energy hubs across Africa to drive cross-border mining and industrial growth. Speaking at the 11th Powering Africa Summit in Washington, D.C., Alake said stronger collaboration between African nations…