By Lucy Ogalue The Federal Government is intensifying efforts to formalise the activities of Small and Medium Enterprises (SMEs) to increase the country’s tax net, an official has said. The Registrar-General Corporate Affairs Commission (CAC), Hussaini Magaji stated this on Thursday while disclosing that over 2.5 million businesses had beenContinue Reading
By Constance Athekame The Minister of Power, Mr Adebayo Adelabu, says the Federal Government is committed to settling more than three trillion Naira debt it inherited in the power sector. Adelabu said this in Abuja on Wednesday when he briefed newsmen. “Today, we are owing the Power Generating Companies (GenCos)Continue Reading
By Ginika Okoye The Minister of Marine and Blue Economy, Adegboyega Oyetola, has received the report for the implementation of Port Community System (PCS) from the Nigerian Ports Authority (NPA) and the International Port Community Systems Association (IPCSA). Receiving the report in Abuja on Tuesday, Oyetola said the PCS wasContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) and a firm known as Kudimata have agreed to collaborate to ensure economic sustainability and national development. The Registrar-General of CAC, Hussaini Magaji, said this when the Group Managing Director (GMD) of Kudimata, Kathleen Erhimu, visited him to present 30,000 youth businessesContinue Reading
By Sarafina Christopher and Lucy Ogalue Nigeria and the UK have signed an Enhanced Trade and Investment Partnership (ETIP) to further boost trade and investment and to unlock new opportunities for both countries. The News Agency of Nigeria reports that the MoU which was signed in Abuja is the firstContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) has partnered with OPAY Digital Services Ltd. to register an additional 300,000 small businesses, aligning with the provisions of the Companies and Allied Matters Act (CAMA) 2020. Hussaini Magaji, the Registrar-General of CAC, announced the initiative at a meeting in Abuja organisedContinue Reading
By Olawunmi Ashafa Dr Joachim Adenusi, Partner at Conrad Clark Nig. Ltd., has highlighted paths toward successful implementation of President Bola Tinubu’s State of Emergency Declaration on Food Security. Adenusi, who is also the Convener, Nigerian Risk Leadership Summit, expressed his worries on Tuesday in an interview with theContinue Reading
Custom intercepts Elephant Tusks worth N300m in Cross RiverContinue Reading
By Kadiri Abdulrahman The Federal Inland Revenue Service (FIRS), says it has no plans to tax online content creators. According to a staff of the agency who spoke under the condition of anonymity, skit makers are individuals who do not fall within the purview of the FIRS. “FIRS does notContinue Reading
By Salisu Sani-Idris An Abuja-Based Islamic cleric, Imam Yahya Al-Yolawi has urged the Federal Government to come up with effective fiscal and monetary policies to address the rising cost of living in the country. Al-Yolawi made the call while delivering the Jumma’at sermon titled,” Prayers, Repentance and Taking Measures: WayContinue Reading
