Business News Archives — Page 6 of 48

September 21, 2021 No Responses

Bayelsa Bemoans Loss Of OML 46 To Ex-Partners

The Management of Bayelsa Oil Company Limited has said that the loss of its operating license in the last marginal oilfields licensing rounds was due to betrayal by its former partners. The News Agency of Nigeria (NAN) recalls that the...

September 20, 2021 No Responses

Organised Private Sector Seeks FG’s Directive On VAT Payment

The Organised Private Sector of Nigeria (OPSN) on Sunday in Lagos called on the Federal Government to urgently make a pronouncement on the ongoing controversy over VAT payment. This, it said, would enable businesses to know what to do. OPSN...

September 20, 2021 No Responses

Danbatta, Ndiaye, Hoist Senegal’s Flag At WATRA Secretariat

An event of historical significance took place in Maitama, Abuja on 16th September 2021, as the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, joined His Excellency, Bab...

September 20, 2021 No Responses

Nahco Appoints Enyinna Opara Non-Executive Director

The Nigerian Aviation Handling Company Plc (Nahco Aviance) has informed shareholders and the Nigerian Exchange (NGX) Ltd. that Prof. Enyinna Okpara has been appointed a Non-Executive Director. The Company Secretary, Mr Bello Abdullahi of Dikko & Mahm...

September 17, 2021 No Responses

FIRS Implores CSOs On Tax

All Civil Society Organisations (CSOs) are expected to register for tax purposes and obtain Taxpayer Identification Number (TIN), Mr Temitayo Orebajo, Director, Tax Policy and Advisory Department, Federal Inland Revenue Service (FIRS) has said .Ore...

September 12, 2021 No Responses

Nigeria Exports N41.9b Sesame, N13.7b Cashew In 2021 Q1

Federation of Agricultural Commodity Association of Nigeria (FACAN) says Nigeria’s agricultural export stood at N127 billion in the first quarter of 2021. The figure, according to the organisation, represents 128 percent increase, compared to N55.8 billion i...

September 11, 2021 No Responses

‘Export Africa Commodities As Single Products To Avoid Dual Taxation’

The Chairman/Chief coordinator of African Single Market World Commodities Summit and Expo, Mr Angelo Peter, has urged investors to ensure that African commodities are exported as single product as part of measures to discourage dual taxation. He made thi...

September 3, 2021 No Responses

CAC Unveils New Forms Of Business Registrations

The Corporate Affairs Commission (CAC) has commenced the registration of two new forms of business registrations pursuant to CAMA, 2020. Alhaji Garba Abubakar, CAC’s Registrar General, announced this in a statement signed by Mr Rasheed Mahe, CAC’s Head of ...

September 3, 2021 No Responses

Shippers’ Council Boss Harps On Benefits Of AfCFTA

The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Emmanuel Jime, on Thursday listed key issues to be addressed to make Nigeria a maritime hub for the African Continental Free Trade Area (AfCFTA). Jime made the recommendations at a sensitisa...

September 1, 2021 No Responses

Reps Give Customs Two Weeks To Reduce 18 Cargo Clearing Stages

The House of Representatives Committee on Customs has given the Nigerian Customs Service (NCS) two weeks to reduce its 18 cargo clearing stages to four, so as to decongest the nation’s ports. The committee, which made the resolution on Tuesday,...

August 31, 2021 No Responses

Nigeria Attains 202 Percent Increase In Data Usage

Nigeria has attained 202.08 percent increase in data usage, indicating 205,880 terabytes in three years, data from Nigerian Communications Commission (NCC) has revealed. According to the subscriber/network data reports of 2018, 2019, and 2020, data usage rose ...

August 30, 2021 No Responses

NPA UNVEILS AN ULTRA-MODERN RECORDS CENTRE

As part of measures to sustain operational efficiency, the Management of the Nigerian Ports Authority (NPA) has commissioned a state-of-the-art ultra-modern e-Documents Management and Records centre at its Corporate Headquarters in Marina Lagos. Acting Managin...

August 30, 2021 No Responses

Photo News

L-R: Permanent Secretary, Lagos State Ministry of Health, Dr Olusegun Ogboye, Commissioner for Health, Lagos State; Prof Akin Abayomi and Member Capital Market support Committee on COVID 19 & Managing Director/CEO of NASD Plc, Mr. Bo...

August 27, 2021 No Responses

NACCIMA Seeks Suspension of FIRS Tax Practice Direction

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has called for the suspension of the Federal Inland Revenue Service (FIRS) tax appeal practice direction pending its revision. The association made the call in a state...