How Will The New Withholding Tax Affect Manufacturers?
Taiwo Oyedele, the Chairman of the Presidential Task Force on Fiscal Policy and Tax Reforms Committee, shares this insight on the Withholding Tax Regulations 2024 now gazetted and published as…
Is LASG Chasing Away Manufacturers?
▪︎Dr. Doris Anite -Uzoka, Minister of Industry, Trade and Investment From the ban on styrofoam, popularly known as “take away packs” to Single-Use Plastics (SUP), the Lagos State Government is…
U.S. Manufacturing Creates 700,000 New Jobs-BLS
▪︎File photo of Coca-Cola The U.S. Labor Department’s Bureau of Labor Statistics (BLS) says owing to investments provided by the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction…
Elites, politicians evade tax – Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has noted that while the most vulnerable people are paying multiple taxes, the middle, upper class and…
Botswana Envoy Pushing for Increase Trade with Nigeria
The Botswana High Commissioner to Nigeria, Miss Philda Nani Kereng, is pushing for increase bilateral trades between the two countries.She commended the Nigerian governments for doing so much for the…
Africa Produces 1.9MT Crude Steel in August 2024
(Industrial Times) The World Steel Association (Worldsteel) says that Africa produced 1.9 million metric tons of crude steel in August 2024, out of the global 144.8 million metric tons. In…
Stop rate hikes to allow economic recovery – MAN
The Manufacturers Association of Nigeria (MAN) has enjoined the Central Bank of Nigeria to focus on promoting domestic production and economic recovery by allowing time for previous rate increases to…
Why manufacturing sector is in crisis — NECA
The Newly elected President of Nigeria Employers Consultative Association (NECA), Ifeanyi Okoye,has given insight into challenges facing the manufacturing sector leading to the closure of some companies and exit of…
World Ozone Day: UNIDO Funds over 400 global companies transit to ozone-friendly technologies
Today, UNIDO says that it has helped over 400 enterprises around the world to convert their industrial production lines to climate-friendly options and supports the member states with its technical…
3D steel printing takes off on the International Space Station
Image credit: ISS / NASA Steel entered the space age on 30 May 2024 when a 3D steel printer printed its first steel component on the International Space Station. Just…