BUSINESS

Why Nigeria is yet to sign the OECD Minimum Corporate Tax Agreement

Daily Dispatch November 30, 2021

The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy. The OECD G20 Inclusive Framework two-pillar solution

BUSINESS

South East traders reject new increment in Customs import duty

Daily Dispatch November 30, 2021

The South East Amalgamated Markets Traders Association has criticised and rejected the recent “astronomical and indiscriminate” increment in the import duty on cargoes charged by Nigerian Customs. SEAMATA is the umbrella union of traders in all the markets in the South East geopolitical zone and traders of South East extraction doing business across the states […]

BUSINESS

Subsidy removal has to happen for Nigeria’s economy to stand – Muda Yusuf

Daily Dispatch November 30, 2021

Former Director-General of the Lagos State Chamber of Commerce and Industry, Muda Yusuf, has backed the removal of fuel subsidy, saying the move is necessary for the nation’s economy to stand. Last week, the Minister of Finance, Budget and National Planning, Zainab Ahmed, had announced that the government would remove fuel subsidy and replace it […]

BUSINESS

AFAN advocates early distribution of inputs for dry season farming

Daily Dispatch November 28, 2021

All Farmers Association of Nigeria (AFAN), Kaduna State Chapter, has called on governments at various levels for timely distribution of inputs for dry season farming to boost food security in the country. Alhaji Nuhu Aminu, State Chairman of the Association made the appeal in an interview with the News Agency of Nigeria (NAN) in Zaria […]

BUSINESS

FG lifts suspension on Emirates Airline

Daily Dispatch November 27, 2021

In response to the yearnings of Nigerian travellers, the Federal Government, on Friday night, announced the lifting of the ban it previously placed on Emirates Airline from flying into Nigeria. This however came after painstaking negotiations with the United Arab Emirates (UAE), Emirates Airlines home country, according to the Minister of Aviation, Senator Hadi Sirika […]

BUSINESS

CBN launches Tertiary Institutions Entrepreneurship Scheme with N30m for six beneficiaries

Daily Dispatch November 26, 2021

As a way of tackling the problem of growing youth unemployment in Nigeria, the Central Bank of Nigeria on Thursday  formally launched the Tertiary Institutions Entrepreneurship Scheme in Abuja. The apex bank also presented cheques of N5 million each to six pioneer beneficiaries of the scheme. It is to help boost their businesses, create employment […]