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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NCC Rallies Media Stakeholders to Enhance Effective Reporting of Telecoms Industry

Consistent with its strategic objective of stakeholder collaboration and partnering, the Nigerian Communications Commission (NCC) recently met a section of stakeholders in the mass media industry. The forum was a workshop, organised to keep Nigerian journalists who specialise in reporting the telecom and ICT sector, abreast of emerging developments in the telecom industry, in order…

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ICAN Lauds SystemSpecs for Engendering Collaborations Between Accounting and Technology

The Institute of Chartered Accountants of Nigeria (ICAN) has lauded African technology giant, SystemSpecs, for its role in facilitating collaborations between accounting and financial technology in the country. This is as SystemSpecs, a renowned provider of financial and human capital management technology solutions, celebrates 30 years since inception, marking three decades of innovation and impact….

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NCC Moves to Strengthen Colocation, Infrastructure Sharing Market Segment

…Engages PwC to conduct study on competition level The Nigerian Communications Commission (NCC) has commenced the process of conducting a study to assess the current level of competition in the colocation and infrastructure sharing (CIS) segment of the Nigerian telecommunications sector. Seventy-eight licensees are currently operating in that market segment. The study is to enable…

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