Abia State government launches digital tax payment system for transporters, traders

BusinessNewsNigeriaAbia State government launches digital tax payment system for transporters, traders

By Ezinwanne Onwuka (Senior Reporter)July 4, 2023

Governor Alex Otti of Abia State, on Monday, launched a new digital tax system that would promote transparency in the collection of tax and make tax payments seamless for transporters and traders. In a statement on Tuesday, Kazie Uko, the chief press secretary to the Governor, said the digital tax system also integrates a free medical insurance scheme for all commercial vehicle drivers and riders of tricycles (Keke) and motorcycles (Okada). Speaking at the launch,...

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FG moves to tackle rejection of Nigeria export products

BusinessNewsNigeriaFG moves to tackle rejection of Nigeria export products

By Uzoamaka Ikezue (Staff Reporter)June 22, 2023

The Federal Government has initiated a move to tackle the incessant rejection of Nigeria’s export products in the international market through the establishment of the National Quality Council (NQC). The measure was taken to enhance development, harmonisation and rationalisation of Nigeria’s quality infrastructure. Osita Aboloma, chairman and chief executive of the NQC who stated this in Abuja, said that various legs of the quality infrastructure, namely standards development, metrology, conformity assessment and accreditation require urgent...

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International Press Center Launches Digitalize IOS Web App 

BusinessNewsNigeriaTechnologyInternational Press Center Launches Digitalize IOS Web App 

Hassan Umar Shallpella (Regional Correspondent)June 22, 2023

The International Press Center (IPC) has launched a digitalized IOS Web App on media election code, with a call on the Federal Government to deepen democratic dividends by fulfilling all its campaign promises. Mr Lanre Arogundade, Executive Director of IPC made the call in Abuja during a media and CSOs stakeholder’s roundtable discussion on the documented Campaign Promises of President Bola Tinubu. He urged the media professionals to educate the citizens for them to monitor...

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Anambra Investment Summit Set for September

BusinessNewsNigeriaAnambra Investment Summit Set for September

Ebuka Onyekwelu (Staff Writer)June 10, 2023

Organizers say participants with bright pitches can win as much as $10, 000 Mark Okoye, the Managing Director- MD, of Anambra State Investment Promotion and Protection Agency – ANSIPPA, on Friday during a media roundtable at the ANSIPPA office in Awka, announced that Anambra Investment Summit 2023 would hold in three months time, precisely on September 7 and 8, 2023. During the summit he said, participants with bright pitches can win as much as $10,...

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Gov El-Rufa’i Inaugurates Milk Factory That Would Produce 10,000 liters daily

AgricultureBusinessNewsNigeriaGov El-Rufa’i Inaugurates Milk Factory That Would Produce 10,000 liters daily

Hassan Umar Shallpella (Regional Correspondent)May 27, 2023

A milk factory expected to produce over 10,000 liters of milk daily situated in the Kabau Local government area of Kaduna State has been inaugurated The Danish dairy company is owned by more than 8,400 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxembourg, and the Netherlands. Governor of Kaduna State Nasiru El-Rufai who inaugurated the Arla Milk farm in Damau, Kabau Local government area, said the project would transform cattle rearing from being a...

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Illegal Mining: Chinese Government Holds Talks With Niger State Government

BusinessInvestingNewsNigeriaIllegal Mining: Chinese Government Holds Talks With Niger State Government

Hassan Umar Shallpella (Regional Correspondent)May 27, 2023

The Chinese government has commenced talks with authorities of the Niger State government over illegal mining activities by some Chinese companies across the state around Zuma Rock in the Suleja Local Government Area of the state. The meeting is part of a last-minute effort to avert a possible lawsuit by the Niger State government against the companies, as their activities have been a source of concern for the state government. Governor, Abubakar Sani Bello, recently...

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Banking & FinanceBusinessNewsNigeriaPoliticsFG permits commercial banks to issue debit cards that double as national identity card

By Ezinwanne Onwuka (Senior Reporter)May 26, 2023

…approves the deployment of an automated system for NIN-SIM linkage The National Identity Management Commission, NIMC, has partnered with the Central Bank of Nigeria, CBN, to allow commercial banks to print and issue debit cards that also serves as national identity card. The Minister of Communications and Digital Economy, Prof. Isa Pantami, disclosed this on Wednesday. Pantami said that the Federal Executive Council, FEC, approved a memo from the NIMC to that effect during Wednesday’s...

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CJN lauds Emefiele, CBN over reforms in financial sector 

BusinessEconomyNewsNigeriaCJN lauds Emefiele, CBN over reforms in financial sector 

By Uzoamaka Ikezue (Staff Reporter)May 25, 2023

Justice Olukayode Ariwoola, the Chief Justice of Nigeria (CJN) has commended the Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, and the bank, for the unwavering effort, dedication and proactive initiatives towards the growth of the economy. Justice Ariwoola disclosed this on Wednesday, 24 May 2023, while declaring open the 2023 Central Bank of Nigeria Capacity Building Workshop on Banking and Financial Services Sector for Judicial Officers, which he said was designed...

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Discrepancies In Fuel Importation: Reps seek forensic audit of NNPCL

BusinessNewsNigeriaPoliticsDiscrepancies In Fuel Importation: Reps seek forensic audit of NNPCL

By Uzoamaka Ikezue (Staff Reporter)May 25, 2023

To unravel the discrepancies in the importation and supply of Premium Motor spirit (PMS), the House of Representatives is seeking a forensic audit of the Nigeria National Petroleum Corporation Limited (NNPCL) also known as fuel from 2015 to date. According to the House ad-hoc committee, the volume of fuel consumed daily in the country, will give clarity to the Direct Sale, Direct Purchase (DSDP) programme and the consortiums of DSDP operators. The committee which report...

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Nigeria launches Africa’s biggest oil refinery

BusinessNewsNigeriaOil & GasNigeria launches Africa’s biggest oil refinery

By Ezinwanne Onwuka (Senior Reporter)May 24, 2023

Africa’s biggest oil refinery and the world’s biggest single-train facility has been launched in Ibeju-Lekki, Lagos State, amid expectations that Nigeria will cease importing refined petroleum products once the company starts operation. The refinery built by Alhaji Aliko Dangote, the President of Dangote Group and Africa’s richest man, was commissioned by President Muhammadu Buhari on Monday, May 22, 2023. The inauguration of the Dangote refinery was attended by many dignitaries in and outside Nigeria, including...

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