Nigeria Revenue Service to Effect New Tax Laws, January 1
Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
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Africa has 5 mineral resources needed for clean energy, electric vehicles
A report by the United Nations Conference on Trade and Development (UNCTAD), titled ‘The Economic Development in Africa Report 2023,’ shows that Africa has an abundance of metals needed for electric vehicles and for clean energy.” Africa possesses vast reserves of critical minerals, including aluminum, cobalt, and copper, required for high-tech and green products like…
Nigerians Weep as CBEX Swindles ₦1.3trn
Nigerians are in shock, disbelief, and tears after another Ponzi scheme named CBEX crashed early this week. Weeks ago, many who invested in the scheme advertised their newly-found pathway to ‘financial freedom’ on social media with screenshots of account balances from $1,000, $10,000, and $85,000. As of Tuesday morning, their accounts have been blanked, with…
MAN Tackles NAFDAC For Banning Manufacturing of Alcohols In Sachets, PET Bottles
Arrays of alcoholic sachets drinks in Nigeria
Naira Exchange Rates Wednesday, August 12
FOREX BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,422 Sell ₦1,428 GREAT BRITISH POUND (GBP) Buy ₦1,885 Sell: ₦1,910 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS)…
MAN says hike in petrol pump price inevitable
Segun Ajayi-Kadir, the Director – General of Manufacturers Association of Nigeria (MAN) says the increase in the domestic petrol pump price is inevitable, given the writing on the wall. ” Right from the time fuel subsidy was either reduced or removed, it became inevitable that the price may rise. You will also note the sharp…
Tetra Pak Says Cuts Carbon Emissions by 20%
The food packaging giant also announced the launch of an aseptic beverage carton featuring a paper-based barrier, reducing its carbon footprint by 33 percent
Dangote: Africa Is Like a ‘Scratch Card’ — Opportunities Are Immense
“Africa is like a scratch card. Unless you scratch it, you don’t see the use of it. The opportunities are immense,” Dangote said.
Adidas Manufactures Official Ball for 2026 FIFA Men’s World Cup
FIFA President Gianni Infantino, during the unveiling of the ball at an event in New York on Thursday, said that the ball combines high-tech refinements and design details that celebrate the three co-host countries — the United States, Mexico, and Canada.
” Why regional vaccine manufacturing is challenging “
Stavros Nicolaou is the Group Senior Executive of Aspen Pharmacare Holdings Limited, Gauteng, South Africa. In an interview with IFC, he explains the importance of being able to create viable markets for vaccine procurement, the need for partnerships for the right regulatory reform, and what0 Aspen is planning for expanding vaccine security on the continent….