The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) also known as petrol across the country within a short period. The Chief Executive Officer/ Group Managing Director of NNPC, Mallam Mele Kyari made the pledge at the…
NACCIMA Business Women Group (NAWORG) has called on the Nigeria Export Processing Zones Authority (NEPZA) for a collaboration on viability of settlement of export processing zones to cater for women owned Businesses in the country.The National chairperson NARWOG, Hajiya Aisha Abubakar lauded the Managing Director, NEPZA, Professor Adesoji Adesugba while commencing his efforts and drive…
Foremost industrialist and leading agriculturist, Olusegun O. Dada has been elected President of Iwo Chamber of Commerce and Industry at its meeting held this weekend. Others officers elected alongside Mr Dada are Mr Kudaisi Ismaila (Esq) as First Deputy President and Mr Olawale Rasheed, ACCI Council member and Executive Director of ACCI Policy Centre as…
Companies in Nigeria may soon be required to become a member of Chamber of Commerce as part of processes to sanitise the economy and increase oversight on activities of companies in Nigeria.This is part of the proposal now under consideration between the Abuja Chamber of Commerce and Industry (ACCI) and the Corporate Affairs Commission (CAC)….
The Federal Inland Revenue Service (FIRS) says it will start collecting taxes on income derived by companies from bonds and short-term securities. A bond is a fixed-income instrument (loan) made by an investor to a borrower (typically corporate or government). In 2012, the federal government had exempted bonds and short-term government securities from income tax…
The Nigeria Investment Promotion Council (NIPC) and Abuja Chamber of Commerce and Industry (ACCI) have agreed to establish an Investment Academy to train Nigerians on ways to attract investment opportunities to Nigeria. The Executive Secretary of NIPC, Mr Emeka Offor, who visited ACCI with his team on Tuesday, said the proposal to establish the academy…
The Central Bank of Nigeria (CBN) has disbursed a total of N23.20 billion to 28 companies whose projects were selected for funding in the maiden batch of its newly introduced “100 for 100 Policy for Production and Productivity (PPP)” initiative. CBN Governor, Mr. Godwin Emefiele, who disclosed this on Monday in Abuja, also said the…
Lai mohammed, minister of information and culture, says the federal government will look into the possibility of seeking a review of the $35,000 fee requested by Egypt from foreigners to operate a business enterprise in the country. According to NAN, the minister said this during a recent meeting with the Nigerian community in Cairo, Egypt’s…
The Nigerian Women Trade Exhibition (NAWTE 2022) has said that it is targeting 10m women in the 36 states and the FCT for capacity building that will enhance their investments and other forms of business. The National Coordinator, NAWTE, Hajiya Sameera Abubakar Abdullahi, said this Saturday in Abuja at a news conference in preparation for…
The founder of TEXEM UK, Dr Alim Abubakre, a British Nigerian, has said that improving business performance during a pandemic like COVID-19 is a very challenging task. Abubakre, who spoke with the News Agency of Nigeria (NAN) in Abuja said this was because there were disruptions which a business leader needed to avoid during such…
