PHOTO (L-R): Femi Otedola; Bill Gates: President Bola Tinubu, and Aliko Dangote, during the tour of the Dangote Petroleum Refinery and Petrochemicals complex. “I landed here with four wise men. I will say wise men,” Tinubu said. “Jim Ovia of reputable Zenith Bank, who has been acknowledged worldwide. Femi Otedola, my baby brother. Samad Rabiu…
Under the new framework, the Tax ID will unify all previously issued Tax Identification Numbers by the FIRS and state internal revenue services into a single, harmonised identifier.
Dr Jumoke Oduwole, the Honourable Minister of Industry, Trade and Investment , says that the Federal Government of Nigeria will continue trading with America not minding the recent tariff measures announced by the Government of the United States of America which imposed a 14 percent tariff on Nigerian exports. In a Position Statement on U.S….
The Central Bank of Nigeria (CBN) has mandated commercial and merchant banks to increased the fee for issuance and replacement of Automated Terminal Machine (ATM) debit/ credit cards by 50 percent to N1,500 from N1,000. The apex bank gave the directive on Thursday in a circular to Banks, Other Financial Institutions and the Public signed…
FOUR existing and new Indian companies have pledged to invest about 14 billion US dollars in Nigeria The investments will go into fertilizer, steel, power, and telecoms. The companies promising these investments are : Indorama Petrochemical Limited; Jindal Steel and Power Limited; SkipperSeil Limited , and Bharti Enterprises. Here’s the breakdown of the investments promised…
WTO’s Goods Trade Barometer has shown that world merchandise trade volume rose 1.1% quarter-on-quarter and 3.3% year-on-year, on a seasonally adjusted basis, in the third quarter of 2024. This marks the fourth consecutive quarter of moderate trade expansion. By comparison, merchandise trade in current US dollar terms was up 4.3% year-on-year in Q3. This represents…
… Foreign listings often shift valuation, trading activity, and investment opportunities to international markets, limiting local investors’ ability to participate in the growth of companies
In the parallel market, also known as the black market, the dollar traded at around ₦1,390 to ₦1,397 for selling, while buying rates hovered between ₦1,385 and ₦1,390 depending on location and transaction volume.
During the visit, Mr. Anil Nair highlighted the challenges confronting the Agri-business sector, particularly in the areas of Technology, logistics, preservation, shortage of manpower, power supply, etc
The Manufacturers Association of Nigeria (MAN) embarked on a three-day industrial working visit to manufacturing companies in Kano State.Among the companies visited are Bright Star Plastic Limited and Pharmadex Nigeria Limited. The delegation was led by Mr. Joseph Emoleke, Director of Membership Services, who represented the Director -General on day one. Bright Star Plastics Nigeria…
