• Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
No Result
View All Result
Federal Character
No Result
View All Result
Home News
Google, Microsoft, TikTok Contribute N2.55 Trillion to Nigeria’s Revenue in H1 2024

Google, Microsoft, TikTok Contribute N2.55 Trillion to Nigeria’s Revenue in H1 2024

Nnaemeka OkwarabyNnaemeka Okwara
2 years ago
in News
Reading Time: 1 min read
A A
0
Facebook ShareWhatsapp ShareX Share

The National Information Technology Development Agency (NITDA) has announced that major international digital companies, such as Google, Microsoft, and TikTok, paid a total of N2.55 trillion in taxes in Nigeria in the first half of 2024. This substantial contribution to the government’s income is due to these companies following the Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries.

NITDA commended Google, Microsoft, X, and TikTok for adhering to the Code, which sets clear rules for enhancing online safety and handling harmful content. The agency also highlighted that this regulatory system has increased the government’s revenue through taxes paid by digital companies.

In addition to tax contributions,  these digital platforms have also taken steps to improve user safety. In 2023, the platform got 4,125,283 complaints from people, which led to the removal of 65.8 million pieces of content. Also, 379,433 pieces of content were put back online after users successfully appealed, and 12.09 million accounts were shut down.

NITDA emphasizes the need to keep working together and finding new ways to address emerging challenges, ensuring a safer and more responsible digital space.

Tags: Businessfederal characterGoogleMicrosoftNewsNigeriarevenueTikTok Contribute N2.55 Trillion to Nigeria's Revenue in H1 2024
Share234SendTweet146
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking. Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation. As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

Related Stories

TFort Hood Victim’s Brother Asks Trump To Keep Shooter’s Execution Off Camera

Fort Hood Victim’s Brother Asks Trump To Keep Shooter’s Execution Off Camera

byAyobami Owolabi
0

The brother of a soldier killed in the 2009 Fort Hood shooting has appealed to US President Donald Trump to reconsider plans to livestream the execution of the...

Chicago Man Who Has Been US Citizen for 15 Years Faces Deportation

Chicago Man Who Has Been US Citizen for 15 Years Faces Deportation

bySomto Nwanolue
0

A Chicago man who has been a naturalized US citizen for 15 years faces being stripped of his citizenship and deported, according to a legal filing reviewed by...

US Economists Robert Hall, Michael Woodford Win Nobel Prize In Economics

US Economists Robert Hall, Michael Woodford Win Nobel Prize In Economics

byAyobami Owolabi
0

American economists Robert E. Hall and Michael Woodford have been awarded the Nobel Memorial Prize in Economics for their research on economic models that have helped governments and...

​Overwhelmed America Food Banks Face Record-High Hunger

​Overwhelmed America Food Banks Face Record-High Hunger

byEriki Joan Ugunushe
0

​A national survey of 48 major food banks across 35 states and Washington, D.C., reveals that overwhelmed America food banks are struggling to serve record numbers of families...

Next Post
CBN’s Rate Hike Boosts Finance and Insurance Sector’s GDP by 30.83%

CBN's Rate Hike Boosts Finance and Insurance Sector's GDP by 30.83%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Federal Character

We bring to you precise and factual news.
Towson, Baltimore, Maryland, USA

Recent Posts

  • Maryland Launches Juvenile Auto Theft Pilots in Baltimore, Montgomery
  • Supreme Court To Examine Trump’s Attempt To Withhold DOGE Files
  • Guilfoyle Faces Senate Probe Over $100K Credit Card Allegation

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • Home
  • About Federal Character
  • Advertise With Us
  • Cookie Policy
  • Sitemap

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us

Copyright © FederalCharacter.com 2026 .