By Martha Agas The Federal Government has unveiled guidelines for the implementation of the “Zero Per cent Duty Rate and Value Added Tax” exemption on certain basic food items. The announcement is contained in a statement issued by the Spokesperson of the Nigeria Customs Service (NCS), Abdullahi Maiwada, inContinue Reading
By Lucy Ogalue The Small and Medium Enterprises Development Agency (SMEDAN), has partnered with the Nigerian Postal Service (NIPOST), to offer a special 15 per cent discount on logistics services to small businesses. The Director-General of SMEDAN, Mr Charles Odii, said this while signing a Memorandum of Understanding (MOU) withContinue Reading
By Martha Agas The Nigeria Customs Service (NCS) says it will forgo N188.37 billion in import duties following the Federal Government’s directive to remove tariffs and other import duties on key food staples. The Comptroller-General of NCS, Adewale Adeniyi, made this disclosure in his keynote address at the second EconomicContinue Reading
By Nana Musa The Federal Capital Territory Internal Revenue Service (FCT-IRS) has pledged to support the development and infrastructural drive of the FCT Minister, Mr Nyesom Wike in the territory. Mr Michael Ango, the new acting Executive Chairman of the service made the pledge when he assumed office in AbujaContinue Reading
By Rukayat Moisemhe Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has partnered the Asset Management Corporation of Nigeria (AMCON) to empower practitioners with the international best practices on business insolvency and asset management recovery. Both parties at an engagement on Monday in Lagos, stressed theContinue Reading
NAMB wants Tinubu to involve MFBs in disbursing N75bn MSME fundContinue Reading
By Rukayat Moisemhe Experts have urged government to support the growth and development of the hospitality and tourism sector, noting that the investment opportunities in the industry are enormous. They made the call on Monday via a communique from the second edition of a hospitality business summit organisedContinue Reading
By Salisu Sani-Idris Vice-President Kashim Shettima has commended MTN Nigeria for donating N1 billion to the Federal Government’s Food Support Programme. Shettima also thanked the telecommunications company for donating 4,600 units of digital devices for distribution to schools. The Vice-President made the commendation on Friday when he received the ChairmanContinue Reading
By Fummilola Gboteku Mr Nandan Mer, the Group Chief Executive Officer, Network International, says government-sponsored programmes and infrastructure are crucial for the acceleration of financial inclusion in Nigeria. Mer said this at the launch of the company’s Innovative Network One Payment Platform on Wednesday in Lagos. According to him,Continue Reading
By Fortune Abang Mr Ali Khwaja, Chairman of KTrade Securities, a Pakistani-based stock and commodity outfit, says the U.S. fiscal deficit can impact negatively on the global financial markets. Khwaja disclosed this on Thursday during the global virtual analysis of the KTrade Securities research report. He said that the deficitContinue Reading
