Corporate Nigeria significantly increased its travel-related expenditures in 2024, with 20 listed firms on the Nigerian Exchange (NGX) spending a combined N164.4 billion on business travel and associated logistics.
This is according to data compiled by Nairametrics research from the financial statements of these companies.
This represents a 93.2% increase from the N85.1 billion recorded in 2023, according to data compiled by Nairametrics from their audited financial statements.