President Bola Ahmed Tinubu has assured the media industry owners of tariffs slash on imported newsprint, plates, chemicals, including radio and television broadcast equipment, which currently attract tariffs of 5 to 10 percent. The tariffs slash is aimed at cushioning the harsh economic headwinds affecting local media across all platforms. President Tinubu gave this assurance…
The Federal Government’s ‘Tax policy reforms and effects on Nigeria’s businesses,” will be looked into at the forthcoming 2023 Commerce and Industry Correspondents Association (CICAN)’s Workshop and Award ceremony. It will hold onTuesday, November 21, at the Radisson Blu Hotel, Ikeja, Lagos. In a statement issued by the CICAN National Chairman, Charles Okonji, and the event’s…
The uniqueness of this year’s fair is the birth of more professional fairs such as the African International Chocolate Show Lagos, organised by International Cocoa Diplomacy (ICD) and the International Paper Publishing and Printing Expo (IPPPEX).
The lawsuit was a counter-action taken by the DisCo following the rejection of the new tariff hike by MAN, Kano Branch and its over 41 members.
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…
The Federal Government has officially begun the implementation of the 2024 Withholding Tax Regulations. The new regulation exempts manufacturers, SMEs, and farmers from withholding tax obligations, a measure aimed at strengthening these critical sectors to ensure their sustainability and long-term growth. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele,…
Lagos State Governor, Babajide Sanwo-olu has hinted of developing the unsued spaces in Ikorodu Industrial Hub at Odogunyan. “It is important that the unused spaces are transformed into a vibrant center for innovation and social impact, as this aligns with our larger plan for industrial growth. Our aim is to create opportunities, attract investments, and…
Some time ago, a friend of mine living in Lagos State told me that whenever he is on business travels to Aba, Abia State, he doesn’t drink water or tea neither in the hotel he lodges nor buys from the shops outside. Curiously, I asked him why.? “They are fake products,” he replied. He added,…
This partnership is a core driver of Alteo’s alumina refinery (ARG) project to build an alumina Refinery in Boke region.
