Nigeria: African Rail Group Chides Labour for Opposing Unbundling of Rail Corporation

A regional railway advocacy group, the African Railway Roundtable has defended the need for the unbundling of Nigerian Railway Corporation, declaring that breaking the corporation into relevant sub-agencies is not the same as privatisation. In a statement by its Director, Olawale Rasheed, the group said the recent statement of the Nigerian Transportation Minister was largely…

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FG: Amazon, AliExpress to Pay 6% Tax on Profits Made From Nigerian Customers

The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services provided to Nigerian customers. An NRC is a company not registered or incorporated in Nigeria but makes profits or income from Nigeria. They include¬†Amazon, AliExpress, Twitter, Zoom Inc. and others. Zainab Ahmed, minister of finance, budget and national…

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