TikTok Removes 2.1 Million Nigerian Videos in Q3 2024 for Policy Violations
Bytedance, the company that owns TikTok, announced that in the third quarter of 2024, they removed 2.1 million videos posted ...
Tag: Q3
Net Forex Inflow Falls to $14bn in Q3 – CBN
The Central Bank of Nigeria (CBN) has announced that the total amount of foreign money coming into Nigeria's economy in ...
DisCos Experience 4.76% Drop in Revenue Collection Efficiency in Q3 2024
The Nigerian Electricity Regulatory Commission (NERC) says that the money collected by electricity companies for their services got worse in ...
DisCos Record ₦159.3 Billion Revenue Shortfall in Q3 Amid High Operating Costs
In the third quarter of 2024, 11 electricity companies in Nigeria earned ₦466.69 billion from customers, even though they had ...
Nigeria’s Fiscal Deficit Hits N7 Trillion as of Q3 2024
Nigeria’s fiscal deficit for the first nine months of 2024 stood at N7.05 trillion, as disclosed by President Bola Ahmed ...
African Investors Contribute 22.76% to Nigeria’s Foreign Capital Inflows in Q3 2024
The National Bureau of Statistics (NBS) has reported that African investors, excluding Nigerians, provided 22.76% of all foreign capital coming ...
Nigeria’s VAT Collection Hits N1.78 Trillion in Q3 2024
In the third quarter of 2024, Nigeria's Value Added Tax (VAT) collection hit a new high of N1.78 trillion. This ...
Nigeria’s Telecom Sector Sees 87% Decline in Foreign Investments in Q3 2024
The Nigerian telecommunications industry saw a drop of 87% in foreign investments during the third quarter of 2024, according to ...
Nigeria’s Trade Surplus Hits N5.81 Trillion in Q3 2024
Nigeria's trade surplus grew to N5.81 trillion in the third quarter of 2024, according to a report from the National ...
Mercedes-Benz Q3 Profit Tumbles 64% on China Slowdown
Mercedes-Benz reported a 64% drop in earnings for its main car business in the third quarter, falling short of what ...
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