Business

The agricultural sector led the growth in Company Income Tax in Nigeria during the second quarter of 2024, recording a 474.50 per cent increase on a quarter-on-quarter basis, according to the latest report from the National Bureau of Statistics released on Monday. On the aggregate, CIT for Q2 2024 stood …

According to the notice, it will take effect from September 9, 2024, stating that the charge is not a source of revenue for the online payment platform but is part of requirements from the government. OPay has announced a one-time fee of N50 on electronic transfers above N10,000 into personal …

A key highlight of the recently concluded 2024 Forum on China-Africa Cooperation (FOCAC) for Nigeria was the signing of a $3.3 billion agreement to develop the Brass Industrial Park and Methanol Complex. FOCAC also featured inaugural Nigeria-China Economic Cooperation and Trade Conference. This was disclosed by the Nigeria’s Federal Ministry …

In a landmark event that marks a new era of economic cooperation, Nigeria and China have solidified their commitment to deepening bilateral ties and fostering sustainable development. The inaugural China-Nigeria Economic Cooperation and Trade Conference, held alongside the 2024 Forum on China-Africa Cooperation (FOCAC), concluded with the signing of a …

By: Philip Odiakose In the most recent times, media monitoring has become an indispensable tool for brands aiming to stay on top of their public image, track press mentions, and gauge public sentiment. It allows businesses to identify how often they are mentioned across various platforms, providing insights that help in …

By: Philip Odiakose In the most recent times, media monitoring has become an indispensable tool for brands aiming to stay on top of their public image, track press mentions, and gauge public sentiment. It allows businesses to identify how often they are mentioned across various platforms, providing insights that help in …

As the Group Managing Director of NNPCL, Mele Kyari is a trailblazing executive renowned for his unwavering commitment to excellence. His impressive track record at NNPCL is a testament to his strategic prowess, transparency, and accountability. Despite facing numerous challenges, Kyari has successfully transformed NNPCL into a profitable and world-class …

  From Abiodun Alade Nigeria, rich in resources and with a burgeoning young population, remains paradoxically stagnant due to its over-reliance on imports. This dependency, rather than being a temporary measure, has entrenched itself as a systemic barrier to long-term prosperity. With a population exceeding 200 million and a predominantly …

Gas production in Nigeria is growing from 7.5 billion cubic feet per day and is inching to 12 bcf per day, the Federal Government has said. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this to journalists at a recent event in Lagos. Ekpo said his major …

The Global System for Mobile Communications Association has urged the Federal Government to reduce telecom taxes to encourage investments and boost the country’s digital economy. The Head of Sub-Saharan Africa at GSMA, Angela Wamola, said Nigeria’s complex and burdensome tax regime is hindering the telecom sector’s ability to invest in …