By Grace Alegba A tax compliance expert has warned that large businesses with annual turnover of N5 billion and above risk penalties from July 1, if they fail to comply with the electronic invoicing (e-invoicing) mandate. The Country Director of DigiTax Nigeria, Mr Olumide Akinsola, said this during a virtualContinue Reading
By Nana Musa Mr Charles Odii, the Director-General (D-G) of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has unveiled a policy framework to boost MSMEs’ competitiveness in African markets. Odii made said this during the product packaging and branding training for Nigerian nano, Micro, Small and MediumContinue Reading
By Rukayat Moisemhe President of the Nigerian-British Chamber of Commerce (NBCC), Mr Abimbola Olashore, says rebuilding public trust and strengthening governance are critical to ensuring that the gains from ongoing economic reforms translate into broad-based prosperity. Speaking in an interview with the News Agency of Nigeria (NAN) on Tuesday inContinue Reading
By Rukayat Moisemhe The Nigerian British Chamber of Commerce (NBCC) says Nigeria must significantly reduce cost of doing business, improve security and strengthen its export infrastructure to unlock its manufacturing, agro-processing and small businesses’ potential. Mr Abimbola Olashore, President, NBCC, said this on Tuesday in Lagos in an interview withContinue Reading
By Vivian Emoni The Federal Government says it has unveiled opportunities for businesses to access one billion dollars AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness and intra-African trade. Dr Jumoke Oduwole, Minister, Industry, Trade and Investment, made this known at the second quarter 2026 meeting of theContinue Reading
By Olusegun Aribike African Export–Import Bank (Afreximbank) has committed 83 billion dollars to Nigeria since inception, with a significant share invested in Lagos, as the city secured hosting rights for the next Intra-African Trade Fair. The Executive Vice-President, Afreximbank, Kanayo Awani, made this known on Monday atContinue Reading
By Olusegun Aribike Governors of Abia, Imo, Nasarawa and Plateau states on Monday showcased investment opportunities across key sectors at the Invest Lagos 3.0 Summit, seeking capital to accelerate economic growth. The governors, who presented investment opportunities at the two-day summit with the theme, “Lagos Business Gateway to Africa”,Continue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N34,788.59 billion in the first quarter of 2026. This is according to the NBS Foreign Trade in Goods Statistics Report for Q1 2026 released in Abuja. This shows a decrease compared to the valueContinue Reading
ACCI seeks suspension of sugar-sweetened beverage tax billContinue Reading
By Lucy Ogalue The Nigeria Export Processing Zones Authority (NEPZA), has sought the support of the Obong of Calabar, Edidem Ekpo Otu V to strengthen and expand operations at the Calabar Free Trade Zone (CFTZ). The Managing Director of NEPZA, Dr Olufemi Ogunyemi, made the appeal during a courtesy visitContinue Reading
