We are not in a hurry to pass tax reform bills – Akpabio
The President of the Senate, Godswill Akpabio, has assured stakeholders in the business community and beyond that the Red Chamber would be thorough as it is not in a hurry to pass the tax reform bills. Akpabio gave the assurance during the public hearing on tax reform bills organised by the Senate Committee on Finance,…
Diverse Perspectives from MAN and NACCIMA on FTZs Tax Reform Bills
Two prominent organizations within Nigeria’s Organized Private Sector (OPS), the Manufacturers Association of Nigeria (MAN) and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), have articulated differing positions regarding the proposed 2024 Tax Bill amendments related to Free Trade Zone (FTZ) operations in Nigeria. During the 3rd Nigerian Economic Zones Association…
NACCIMA Tasks Lawmakers “Don’t Stripe FTZs of Tax Exemptions “
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) is calling on the National Assembly to carefully evaluate the consequences of the proposed removal of tax exemptions for investors operating within the country’s Free Trade Zones (FTZs) as outlined in the Nigeria Tax Bill 2024. Currently, there are 50 FTZs in Nigeria,…
“Reserves don’t drive industrialisation, infrastructure does. The future of Nigeria’s industrial growth lies in our ability to harness our vast natural gas resources. Businesses that align with this vision will not only survive but thrive in the years to come.” – Audrey Joe-Ezigbo, Managing Director of Optimera Energy.
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Industrial Revolution Working Group (IRWG) Team And Mandates
On Thursday, February 2025, President Bola Tinubu’s led administration inaugurated a 22-member Industrial Revolution Work Group (IRWG) to boost Nigeria’s manufacturing sector. IRWG Team Inaugurated in Abuja, the IRWG is led by Owan Enoh, the Minister of State for Industry, and is co-chaired by Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN)….
PZ Cussons Nigeria Donates Research Equipment to UniJos
PZ Cussons Nigeria PLC-under NOTAP-Industry Research Laboratory Upgrade Project- donated State-of-the Art research equipment to Department of Chemistry, University of Jos. Speaking at the occasion, the Chief Executive officer of PZ Cussons Nigeria PLC, Mr Dimitris Kostianis, said we keyed into the vision of National Office for Technology for Acquisition and Promotion (NOTAP) in their…
CBN Safekeeping Dormant Accounts Money for Customers Against Banks Fraud
“Concerning dormant accounts, what I found personally is if you leave accounts dormant in banks, they are more susceptible to fraudsters copying your identity and trying to gain hold of the system to grab your money. So, that is a problem I think most money banks face. “The policy and the directive are meant to…
Cadbury@60 Fireside Chats with Dr. Christopher Kolade: Insights for Corporates
Dr. Christopher Kolade, the first indigenous CEO of Cadbury Nigeria Plc, urged the management and staff of the company to consistently meet the expectations in their respective roles. His remarks came during a fireside chat held to commemorate the 60th Anniversary of Cadbury Nigeria. Dr. Kolade underscored the necessity of adhering to core principles, asserting…
Niger Republic Imposes Travel Restrictions on Nigerian Travellers
An immigration officer on Tuesday confirmed that the Republic of Niger is no longer recognizing the ECOWAS Travel Certificate (ETC) or ECOWAS passport for entry into the country for Nigerian travelers. The ECOWAS Travel Certificate and the ECOWAS passport are important travel documents that facilitate movement among member countries of the Economic Community of West…