By Emmanuel Kwada Customers and distributors of Dangote Cement Plc have hailed the magnanimity of the Founder and Chairman of the company and Africa’s largest conglomerate, Aliko Dangote. The customers described Dangote’s humaneness and philanthropy as unrivalled among his peers in the business community in Nigeria and Africa. Speaking on the sidelines of the 2023 […]Continue Reading
Business
By Emmanuel Kwada Afreximbank has announced an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. The announcement was published on its website on Saturday. The Cairo-based bank stated that the landmark financing is the largest syndicated loan ever raised by Continue Reading
Key Points: Nigerians trek to and from work for long distances Dangote refinery may not produce fuel by end of July NNPCL tongue-in-cheek about repairs of refineries NLC accuse Tinubu government of deliberately impoverishing the masses ‘N8,000 palliative for 12 million households, an insult’ By Daniel Adaji The recent increase of fuel price from N540 […]Continue Reading
The Federal Inland Revenue Service (FIRS) has partnered with the Market Traders Association of Nigeria (MATAN) to collect and remit Value Added Tax (VAT) to the FIRS from the country’s markets, especially in the informal sector. The Association which has a membership of well over 40 million traders across the country’s 774 local governments, and […]Continue Reading
The President/CE, Dangote Group, Alhaji Aliko Dangote, has promised to build the Aliko Dangote Sugar Research centre in the Nasarawa State University, Keffi (NSUK). This was disclosed by the out-going Chief of Staff to President Muhammdu Buhari, Prof. Ibrahim Gambari during his speech at the 7th Convocation ceremony of the Nasarawa State University on Saturday,27th […]Continue Reading
In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko Continue Reading
…Sanwolu eulogises Africa’s richest man, says he came to Lagos with nothing 45 years ago By Clement Adeyi President Muhammadu Buhari, Monday, commissioned Dangote Refinery and Petrochemicals, the world’s largest single-train refinery in Ibeju-Lekki, Lagos. The Africa’s oil giant is set to transform Nigeria and Africa’s oil and gas sectoral Continue Reading
By Clement Adeyi The epic story of Alhaji Aliko Dangote’s journey and or adventure into the business world is not only magnetic to every reader, but could also be compelling so much that if you are into any other well-paying means of livelihood, you might want to venture into business. Reason? It is a […]Continue Reading
Press release Nigeria to continue to participate in rules development in the interest of the country and Africa … A delegation from the Organisation for Economic Co-operation and Development (OECD) met with Nigerian representatives on 4 and 5 April 2023, at a workshop it jointly organised with the Federal Inland Revenue Service (FIRS), to discuss […]Continue Reading
…Directs Banks to open their branches on Saturday and Sunday …CBN Gov to monitor compliance personally The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. The CBN has […]Continue Reading
Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and efficient tax administration in the fourth industrial revolution age. This was the position expressed by the President of the Commonwealth Association of Tax Continue Reading
A Memorandum of Understanding between Nigeria’s Federal Inland Revenue Service (FIRS) and the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) was signed yesterday with the aim of fostering improved collaboration on capacity building between the two tax authorities. The two agencies signed the agreement in London, United Kingdom, and was attended by […]Continue Reading