Archives for September, 2019 - Page 4
FG Denies Guinness, Dangote, 13 Others Tax Relief
The Nigerian Investment Promotion Commission has rejected the application of 15 companies seeking pioneer status under the Industrial Development Income Tax Act. The pioneer status is an…
Union Bank Announces Edu360 2019
By Ngozi Onyeakusi-- Union Bank has announced the second edition of its annual education fair – Edu360, in line with its efforts to support education as a…
Nigeria Loses Over N3trn to Non-oil Exports– Bello
By Ngozi Onyeakusi--Nigeria has lost about $10 billion (about trillion) over the past five decades in non-oil export opportunities in crops such as cocoa, oil palm,…
Stop Obligors From Contesting Elections In Nigeria, Judge Tells AMCON
Now that the Asset Management Corporation of Nigeria (AMCON) (Amendment) Act 2019, has been signed into law by President Muhammadu Buhari, Hon. Justice Olatoregun of the Federal…
Nigeria’s company income tax amongst highest in the world, says Oyedele
Nigeria has one of the highest company income tax rates globally which is a disincentive for business growth, Tax leader, PwC Nigeria, Taiwo Oyedele has said. He…
ACCESS TO CREDIT: Poor identity management remains greatest barrier in Nigeria – Sekibo
The Managing Director of Heritage Bank, Mr Ifie Sekibo has identified poor identity management as the greatest hinderance to boosting access to credit, especially for small and…
Why we are Developing Commodities Trading Eco-System- SEC
By Ngozi Onyeakusi -- In its avowed determination to further deepen the capital market and have a vibrant commodities exchange, the Securities and Exchange Commission is set to…
Nigeria Loses $1.35bn To Oil Theft In H1
Nigeria lost $ billion to oil theft in the first six months of this year and needs a legal task force with special courts to tackle it, a…
NNPC To Begin Full Rehabilitation Of Refineries On 2020 Says Kyari
The Nigerian National Petroleum Corporation (NNPC) says it will begin full rehabilitation of the nations three refineries by January 2020. The nation’s refineries are located in Port…
CBN Targets 70, 000 Farmers Under Anchor Borrowers Programme In Borno
Mr Mahmood Nyako, the Head of Finance Development Office (DFO) of the CBN in Maiduguri, made the disclosure in an interview with the News Agency of Nigeria…