By Vivian Emoni The Executive Chairman, Kano State Internal Revenue Service (KIRS), Mr Sani Dambo, has said that the state was targeting N10 billion internally monthly. Dambo said this at the 154th Meeting of the Joint Tax Board (JTB) on Wednesday in Abuja. He said that the state generated aboutContinue Reading
By Lucy Ogalue Lennart Oestergaard, Resident Representative Friedrich- Ebert-Stiftung Nigeria Foundation, says trade is pivotal to the development of Nigeria and Africa as a continent. Oestergaard said this at a media briefing on Wednesday in Abuja organised to summarise a Policy Focus Book “ How Africa Trades”. The News AgencyContinue Reading
By Olawunmi Ashafa Dr Akinwunmi Adesina, President of Africa Development Bank (AfDB), says late Chief Obafemi Awolowo, Premier of the defunct Western Region of Nigeria, remains the pacesetter and forerunner for development in Africa. Adesina made the remark when he received the 2023 award of Obafemi Awolowo Prize for Leadership,Continue Reading
By Lucy Ogalue The Federal Government has reiterated that diversifying the country’s energy mix to Compressed Natural Gas (CNG) will create more jobs and wealth for Nigerians. The Director-General, National Automotive Design and Development Council (NADDC), My Joseph Osanipin, said this at the Critique/Validation Workshop for the recently developed NationalContinue Reading
By Kamal Tayo Oropo Some experts on Monday said that Africa needs supportive policies and robust infrastructure to tap the limitless opportunities of Artificial Intelligence (AI) to leapfrog its development. They said this in a statement issued on Monday by the Communications Section of Economic Commission for Africa (ECA)Continue Reading
By Kingsley Okoye Mr Vishal Jhadav, Managing Director, Crescendo Worldwide, an Indian multi-sectorial FDI consulting firm, says Enyimba Economic City (ECC) is expected to increase Nigeria and India’s trade volume to 20 billion dollars. Jhadav said this in an interview with the News Agency of Nigeria (NAN) in Abuja, onContinue Reading
By Lucy Ogalue Stakeholders on the African continent have urged governments to transit into inclusive, low carbon and resource-efficient economies by tapping into home-grown innovative solutions for financing. A statement issued on the Economic Commission for Africa’s (ECA) website quoted the stakeholders as saying this at the ongoing 42nd meetingContinue Reading
By EricJames Ochigbo The House of Representatives has dismissed a petition accusing the Managing Director of the Nigeria Ports Authority (NPA), Mr Bello Koko of recording a bad debt of N178 billion in the audited financial statement of the authority in 2019. A group, the Forum of Non-Governmental Organisations inContinue Reading
Nestlé Nigeria PLC has declared a N547.1 billion sales increase for the 2023 financial year, translating to a 22.4 per cent increase of N100 billion compared to the corresponding period of 2022. Its operating profit also jumped by 41.2 per cent, reaching 122.7 billion; while Profit After Tax was negativelyContinue Reading
By Chimezie Anaso The National Agency for Food Drugs Administration and Control (NAFDAC) has shut down some unregistered satchet water production factories in Anambra. The companies were said to be producing water in unhealthy environment and operating without subjecting their processes to regulatory standards. Louis Mmadubuatta, Coordinator of NAFDACContinue Reading
