nigeria business news
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Business Federal government begins implementation of 7.5 percent VAT – TODAY
The Federal Inland Revenue Service has warned businesses and individuals against tax evasion as the Federal Government begins the implementation of the 7.5 per cent Value Added Tax on Saturday (today). The VAT increase which is meant to help government achieve its revenue projections for the...- Nigeria Business News
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Business Okada Ban: Gokada, Max riders stage protest in Lagos, demand ban regulation – TobiVibes
Lagos motorbike hailing service company, Gokada and Max Okada riders came out to protest the ban by the government, asking that it is regulated. The Lagos state government gave an ultimatum that by February 1st, 2020, all okada in the state are banned from plying the highways and bridges …...- Nigeria Business News
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Business African startup funding up 2019 in Nigeria, fintech, Chinese investors – Quartz Africa
How much did African startups raise in 2019? It depends on who you ask. As African technology ecosystems have blossomed over the past decade, increased interest from investors has seen them snag millions of dollars in funding.... Read more via Quartz Africa – https://ift.tt/2RHf6wF Get more...- Nigeria Business News
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Business Why the Nigerian tech ecosystem needs to take intellectual property rights more seriously – Techpoint.Africa
Today the world is riding on the back of ideas that bring about innovation. From stop-gap solutions to long-term dynasty-building patents, the success of these ideas are ensured by strong intellectual property laws that prevent piracy.... Read more via Techpoint.Africa –...- Nigeria Business News
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Business How to Keep yourself Safe from Hackers and Cons Online? Here are our top 10 tips – Nigeria Technology Guide
The internet has become more than just a virtual space where you can search for basic things by typing a few words into Google’s search bar. It’s a whole world now with social media profiles, shopping stores, businesses, and much more thriving..... Read more via Nigeria Technology Guide –...- Nigeria Business News
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Business This Nigerian edtech startup, Traindemy, targets youths as it provides an online-offline blend of vocational training – Techpoint.Africa
All through the years of working as a banker, blogger, and co-founder of a startup, what stuck most with Vincent Edigin was his photography and video recording business. So it was not surprising he had an epiphany during one of his photography jobs.... Read more via Techpoint.Africa –...- Nigeria Business News
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Business Kingsley Obiora confirmed as CBN Deputy Governor by Senate – Linda Ikeji’s Blog
Dr. Kingsley Isitua Obiora has been confirmed as the Deputy Governor of the Central Bank of Nigeria (CBN) by the senate. Obiora was confirmed by the Nigerian senate after a report from the Senate Committee on Banking, Insurance and other Financial Institutions, following his nomination by...- Nigeria Business News
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Business Court orders arrest of former Petroleum Minister, Dan Etete – Olisa.tv
Justice Idris Kutigi has ordered the arrest of former Minister of Petroleum, Dan Etete over his involvement in the Malabu Oil scam. In an ex-parte application, the Prosecutor, Bala Sanga, informed the court that the.... Read more via Olisa.tv – https://ift.tt/2RZkgTq Get more: Nigeria...- Nigeria Business News
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Business N4.5trn debt: AMCON devices new recovery measure – Newtelegraph
Recalcitrant bank debtors under Asset Management Corporation of Nigeria (AMCON) surveillance have a fresh legal battle to face this year, New Telegraph learnt over the weekend. AMCON has resolved to criminalise debt cases with links to insider abuse as a means to fast track recovery, an...- Nigeria Business News
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Business Electricity consumers to pay more as DisCos hike tariffs – Newtelegraph
Electricity consumers in Nigeria, who are still battling with estimated billing and insufficient power supply, will pay more tariff and cost on meters beginning from this week. Electricity Distribution companies (DisCos) have, according to checks by New Telegraph, slated February 1 to …...- Nigeria Business News
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Business Dangote Farms Inaugurate N2.8bn Tomato Nursery – Thisdaylive
In a bid to make Nigeria self-sufficient in tomato production, Dangote Tomatoes Processing Limited, owned by the younger brother of Africa’s richest man, Mr. Sani Dangote, has unveiled a N2.8 billion greenhouse nursery in Kano to supply the best quality tomato seedlings to Nigerian farmers...- Nigeria Business News
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Business 211 oil, gas projects to start production in 2020 – The Guardian Nigeria News
Globally, about 99 new gas projects and 112 new oil projects are expected to start production this year, a renowned industry research body, Globadata, has said. Latest report from the think-tank however disclosed … Read more via The Guardian Nigeria News – Nigeria and World News –...- Nigeria Business News
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Business OPL 245: Nigerian witness testifies in Italian court – Vanguard News
The trial of Shell & Eni is ongoing in Milan, Italy, Valori, an Italian newspaper has reported. Italian authorities had asked prosecutors to produce Isaac Eke, a Nigerian witness who is a retired Assistant Inspector-General of Police, in the ongoing probe of the $1.1billion Malabu oil...- Nigeria Business News
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Business How Chaka is simplifying access to global and local stock markets for Nigerians – Techpoint.Africa
In our first startup of the month feature for the year we bring you Chaka.ng, the company that is helping Nigerian (both people and companies) invest in global and local stock markets... Read more via Techpoint.Africa – https://ift.tt/2vwPDNF Get more: Nigeria Business News- Nigeria Business News
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Business Nigeria rich in gas, lowest in usage –FG – The Punch
Nigeria has the lowest penetration of liquefied petroleum gas, popularly called cooking gas, despite being rich in gas resources, the Federal Government has said. The Minister of State for Petroleum Resources, Timipre Sylva, who said this during a television interview, also stated that …...- Nigeria Business News
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Business Lagos seals N100bn bond deal for infrastructure financing – Businessday NG
Lagos State government on Wednesday leaped forward in its quest to bridge the state infrastructure gap, as it signed the N100.33 billion infrastructure bond to be sourced from capital market to fund infrastructure and pressing capital projects. At a signing ceremony held at the Banquet Hall at...- Nigeria Business News
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Business Nigeria’s total debt rises to N26.14 trillion – Nairametrics
Nigeria’s total debt stock rose to N26.14 trillion as of the end of September 2019. This is disclosed in the latest report released by the National Bureau of Statistics (NBS). The report stated that the nation’s total debt rose from N25.70 trillion in March 2019 to N26.14 trillion by the …...- Nigeria Business News
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Business Lotto turf war: Kashamu turns whistleblower for EFCC against Baba Ijebu – P.M. News
A lotto turf war between Chief Kessington Adebutu, popularly known as Baba Ijebu and Senator Buruji Kashamu has snowballed into a probe of Adebutu’s Premier Lotto company by the Economic and Financial Crimes Commission. According to a report by … Read more via P.M. News –...- Nigeria Business News
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Business Nigeria to Commence rice export in 2 years – Minister – Economic Confidential
The Minister of Agriculture and Rural Development, Mr Sabo Nanono, has said in Abuja that Nigeria would hopefully begin exporting rice to other … Read more via “nigeria” – Google News – https://ift.tt/2RSXYCQ Get more: Nigeria Business News- Nigeria Business News
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Business CBN Governor, Godwin Emefiele, reacts to devaluation of naira call – Nairametrics
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira. According to Emefiele’s recent stance, naira devaluation will not be happening anytime soon. Emefiele reportedly stated that Nigeria’s reserves level...- Nigeria Business News
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