Category: Business
Do you know, that Nigeria sells more false eyelashes to US than cocoa?
Data made available by the National Bureau of Statistics (NBS) shows that the value of false beard and eyelashes exported to the United States in the [...]
Nigerians talk a lot so no harm introducing communication tax – Fowler
Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says there is no harm in introducing a communication tax.
“I will put it thi [...]
UBA now available on Apple Business Chat
The United Bank for Africa Plc (UBA) today announced it is launching Apple Business Chat to provide its customers with a new way to communicate direct [...]
Reps pass bill criminalizing estimated billing
The House of Representatives has passed a bill which seeks to prohibit and criminalize imposition of estimated billing by the electricity distribution [...]
Senate set to introduce taxes on GSM, cable TV subscription
The Senate has passed for first reading, a bill for an Act to introduce taxes on Communication Services and Cable television services. The proposal, e [...]
FG concludes designs for return of toll plazas
The Federal Government has concluded designs for the return of toll plazas on Federal roads, Minister of Works and Housing Babatunde Fashola has said. [...]
South Africa grants Air Peace rights to operate daily flights
The ministry of foreign affairs says the South African government had granted Air Peace’s request to commence commercial flights to Johannesburg, Sout [...]
FG in talks with World Bank for $2.5bn loan
Hafez Ghanem, World Bank’s vice-president for Africa, has said that the bank is in talks with the Nigerian government for a $2.5 billion concessionary [...]
Tech company, Andela lets go of 250 Nigerian developers
When Andela, the software developer training and outsourcing company, first launched in Lagos five years ago, its business model was simple: train loc [...]
CBN begins charges on deposits, withdrawals above N500,000
The Central Bank of Nigeria plans to implement cashless policy nationwide by March 2020. The apex bank said this in a circular to all Deposit Money Ba [...]