Group urges NASS, MDAs, others to partner FG in protecting FDI

The Nigeria Economic Zones Association (NEZA), an umbrella body of Free Trade Zones operators and enterprises in zones has urged members of the National Assembly, Ministries, Department and Agencies (MDAs) of the Federal Government to only take actions that would only protect the over 25 billion US dollars Foreign Direct Investments attracted to the country…

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17 Early-stage Businesses Commence 2022 NCIC/All On Ideation Incubation Program

Nigeria Climate Innovation Centre (NCIC) with support from All On, is pleased to announce the 2022 edition of their annual ideation incubation program for early-stage renewable energy entrepreneurs. Bankole Oloruntoba, Chief Executive Officer of NCIC, while addressing the 2022 cohort during the commencement of the program on Thursday, May 12, 2022, via zoom said, as…

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Cryptocurrency Regulation: ACCI Commends SEC, Call for More Stakeholders’ Consultation

The President Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar has commended the Securities and Exchange Commission (SEC) for issuance of regulation governing Cryptocurrency asset while calling on the agency to embark on further stakeholder consultation. The ACCI Chief recalled that the National Chamber Policy Chamber of ACCI as at last week held…

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Cryptocurrency Regulation: ACCI Commends SEC, Calls for More Stakeholders’ Consultation

The President Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar has commended the Securities and Exchange Commission (SEC) for issuance of regulation governing Cryptocurrency asset while calling on the agency to embark on further stakeholder consultation. The ACCI Chief recalled that the National Chamber Policy Chamber of ACCI as at last week held…

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NCC-DRC Commends National Assembly On Passage Of The Arbitration And Mediation Bill

The Chairman of the Governing Council of the Nigerian Chambers of Commerce Dispute Resolution Centre (NCC-DRC) has commended stakeholders and particularly the National Assembly on the passage of the Arbitration and Mediation Bill. The Bill which seeks to Repeal the Arbitration and Conciliation Act, Cap A18, Laws of the Federation of Nigeria, 2004 and enact…

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FIRS Lists Nigeria’s 2021 Top-Performing Taxpayers; Hails Taxpayers For Compliance, Payment and Support

The Federal Inland Revenue Service (FIRS) has listed Nigeria’s top-performing taxpayers in the year 2021, and commended them for their exceptional efforts in contributing towards providing the necessary funds for the government to meet its social contract with the Nigerian citizens, despite the harsh economic conditions imposed by the COVID-19 pandemic. The FIRS, in a…

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Association Denies N17 billion Revenue Recovery from Free Zone Companies

The Nigerian Economic Zones Association (NEZ Association) has denied news reports credited to Hon Oluwole Oke over purported recovery of N17billion from companies operating in the Nigerian economic zones, describing the reports as ” falsehood mixed with ignorance”. The Chairman of the House of Representatives Public Accounts Committee, Hon Oluwole Oke was quoted by some…

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Concession of Calabar, Kano FTZs Remains FG’s Economic Solution to Accelerate Industrialisation-MD NEPZA

Prof. Adesoji Adesugba, Managing Director of the Nigeria Export Processing Zones Authority (NEPZA) has reiterated that the planned concession of the country’s two public free trade zones remains Federal Government best economic approach to use the scheme to accelerate industrialisation of Nigeria. Adesugba, also Chief Executive Officer of NEPZA, made the remark on Tuesday via…

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FIRS Calls For Increased Collaboration Within African Countries To Effectively Tax Digital Businesses

The Federal Inland Revenue Service (FIRS) has stated that there is need for improved collaboration among countries and international stakeholders with the aim of exploring alternative rules that will enable market jurisdictions, particularly African countries, to effectively subject digital businesses to tax. This was stated during a presentation by the Executive Chairman of the FIRS,…

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