nigeria business news
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Business Kenyan Billionaire Launches Largest Factory in Nigerian City – Kenyans.co.ke
Alaro City, a mixed development site located in the Lekki Free Zone area in Lagos Nigeria launched its first industrial production company named Ariel Foods On February 5, as reported by Vanguard. Ariel Foods, a sister company of Kenyan-based Insta Foods is owned by tycoon Dhiren … Read...- Nigeria Business News
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Business Nigeria’s communications minister says he knows nothing about 7.5% VAT deductions on SMS, data, and voice calls – Pulse Nigeria
Nigeria’s communications minister says 7.5% tax deductions on voice and data is beyond his office. Dr. Isa Pantami, says Nigerians should direct their enquiries to the Federal Inland Revenue Service. Nigerians continue to slam government over deductions of new 7.5% VAT on telecommunication...- Nigeria Business News
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Business Nigeria’s revenue problem worries foreign investors — Khan – Vanguard
Foreign investors are worried about the low level of government revenue in Nigeria and the implication for the country’s ability to service its debt.... Read more via “nigeria” – Google News – https://ift.tt/31zQg4M Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria’s Communications Minister Orders New Sim Card Policy – The Trent
Isa Pantami, the ministry of communication and digital economy has directed the Nigeria Communication Commission, NCC, to revise the policy on sim card registration and usage. In line with Section 25(1) of the Nigerian Communications Act 2003, the minister, Isa Pantami, said the National...- Nigeria Business News
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Business Innoson Motors will not be using Farouq’s viral new logo, here’s why – Laila’s Blog
Innoson motors will not be using graphic designer, Osuolale Farouq’s new logo which caught their attention after it went viral in October 2019. Farouq took to his social … Read more via Laila’s Blog – https://ift.tt/3b8JyXY Get more: Nigeria Business News- Nigeria Business News
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Business Korean Companies to Flood Nigeria as FG Settles SHIN, LADOL Dispute – Thisdaylive
The positive intervention of the various agencies of the federal government for the resolution of the feud between Samsung Heavy Industries Nigeria Limited (SHIN) and LADOL, has boosted the confidence of Korean companies in Nigeria, THISDAY’s investigation has shown.... Read more via...- Nigeria Business News
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Business Notore Posts N8.2bn Revenue, N2.04bn Operating Profit in Q1 – Thisdaylive
Notore Chemical Industries Plc has recorded a N2.04 billion operating profit in the first quarter(Q1) ended December 31, 2019, which marks the beginning of the 2020 financial year(2020FY) of the company..... Read more via Thisdaylive – https://ift.tt/2vbDFsM Get more: Nigeria Business News- Nigeria Business News
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Business FG bars subscribers from having more than 3 SIMs – Newtelegraph
The Federal Government has barred telecommunications subscribers from registering more than three Subscriber Identity Module (SIM) cards. This is part of a revised SIM registration policy ordered by the Minister of Communications and Digital Economy, Dr. Isa Pantami.... Read more via...- Nigeria Business News
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Business Lawyer Challenges Okada Ban, Drags Lagos State Government To Court – Sahara Reporters
Human rights lawyer and National President of Revolutionary Lawyer’s Forum, Mr Tope Akinyode, has dragged the Lagos State governor, Speaker of the House of Assembly and Attorney-General of Lagos to court over the ban of commercial tricycles and motorcycles popular referred to as Keke and...- Nigeria Business News
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Business SHOPRITE Creates Awareness on Breast Cancer – Thisdaylive
Raheem Akingbolu SHOPRITE, a leading retailer across Africa, has thrown its weight behind fight against breast cancer by situating four screening stations in Asaba, Onitsha, Abuja and Kano. Other cities are Damaturu and Lagos..... Read more via Thisdaylive – https://ift.tt/2GWnmSX Get more...- Nigeria Business News
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Business Glo, 9Mobile Intensify Efforts to Commence Operations as PSBs – Thisdaylive
Two months to the end of the six months’ deadline given by the Central Bank of Nigeria (CBN) for telecom operators to put the infrastructure in place to enable them to obtain full licence to operate as Payment Service Banks (PSBs), the telcos have intensified efforts to … Read more via...- Nigeria Business News
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Business Dangote is reopening Nigeria’s biggest tomato plant – Pulse Nigeria News
Seven months after shut down, Dangote Farms is reopening its tomato processing plant. Owned by Africa’s wealthiest man, Aliko Dangote, the farm is dubbed Nigeria’s biggest tomato plant, launched to cut paste importation from China and make Africa sufficient in local production.... Read more...- Nigeria Business News
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Business Okada Ban: More Gridlock, commuters stranded in Lagos – Olisa.tv
The ban and restriction of commercial motorcycles (Okada) and tricycles (Keke) by the Lagos State Government notwithstanding, the usual traffic congestion in the metropolis continued on Monday. The gridlock along Lagos-Abeokuta Expressway, Agege Motor Road, Oshodi-Isolo and some other parts of...- Nigeria Business News
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Business Dividends of Democracy: Gokada lays off most of its staff – YNaija
The Lagos State government will have you believe its sudden ban on micro transport (motorcycles and kekenapeps) was done for the ‘good’ of Greater Lagos. This is the mantra it has trotted out each time it committed an illegality against citizens of Lagos state.... Read more via YNaija –...- Nigeria Business News
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Business Rabiu: We are targeting South East, offshore markets – Newtelegraph
Kabiru Rabiu is the Group Executive Director of Nigeria’s leading conglomerate, BUA Group. In this interview with journalists in Lagos, he highlights BUA’s future... Read more via Newtelegraph – https://ift.tt/31iK0yg Get more: Nigeria Business News- Nigeria Business News
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Business New VAT rate triggers rise in stock market transaction cost – Vanguard News
STOCK STOCK market investors and operators will from today pay more as transaction cost for shares traded on the Nigerian Stock Exchange, NSE following the commencement of the implementation of the new Value Added Tax, VAT of 7.5 … Read more via Vanguard News – https://ift.tt/2H0edcp Get...- Nigeria Business News
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Business Banned commercial motorcyclists, tricycles in Lagos move to Ogun, others – The Guardian Nigeria News
The restriction and ban of commercial motorcycles (Okada) and tricycles (Keke Napep) in Lagos State with effect from February 1, 2020, may have sparked off insinuations that the nearest states, that is South-West states, will have to bear the brunt of … Read more via The Guardian Nigeria News...- Nigeria Business News
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Business Two Chinese firms win bid to construct Ibom Deep Seaport – Vanguard News
Two Chinese companies have won the bid to construct the multi-billion dollars Ibom Deep SeaPort, a public-private partnership project located in Mbo Council of Akwa Ibom State. The lucky companies are the Bollore-PowerChina consortium which emerged as the preferred bidder and China harbor...- Nigeria Business News
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Business FIRS Warns Against Evasion As 7.5% VAT Begins – Nairaland
As the implementation of the new 7.5 per cent Value Added Tax rate begins on Saturday (today ), the Federal Inland Revenue Service has warned businesses and individuals against tax evasion. The Federal Government had said it would from today begin the implementation of the 7.5 per cent Value...- Nigeria Business News
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Business 60% of Nigerians are Still not Connected to the Internet and Only About 10% are Active on Social Media – Technext
The Digital 2020 Global Overview Report provides some insights into internet access and the global digital world. Compiled by We Are Social and Hootsuite, the report also shows that digital, mobile, and social media have become a part of everyday life for people all over the.... Read more via...- Nigeria Business News
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