The Asset Management Corporation of Nigeria (AMCON) has announced that it will publish the names of 7,912 debtors who owe a total of N4.4 trillion. In response to a Senate directive, the corporation issued a 30-day deadline for debtors to regularize their debt status last year. The AMCON amendment bill …
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Henkel Nigeria spent 7th December 2021 treating the wonderful children at Basic Special School, located on the grounds of Ibadan Municipal Government (IMG) School to all sorts of fun and memorable activities. The event was part of Henkel’s global annual International Volunteering Day drive. Every year, Henkel uses the opportunity to encourage people from around the world to volunteer more in their local communities. …
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BUA Foods Plc (“BUA Foods” or the “Company”) is pleased to announce that it has received approval to list on the Main Board of The Nigerian Exchange (“NGX”). BUA Foods has satisfied the listing requirements of The Exchange and obtained relevant regulatory approvals, as a result, BUA Foods is now …
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The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services provided to Nigerian customers. An NRC is a company not registered or incorporated in Nigeria but makes profits or income from Nigeria. They include Amazon, AliExpress, Twitter, Zoom Inc. and others. Zainab Ahmed, …
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Clothing shops in Afghanistan’s western Herat province have begun removing the heads of display mannequins, in line with new directives given by the local office of the Taliban’s ministry for Islamic guidance. Obeidullah Yari, a local business community leader, told VOA on Monday that about 20% of the shops in …
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At about 11 am, on Friday, November 12, 2021, there was a buzz among tax aficionados: Muhammad Nami, the Federal Inland Revenue Service (FIRS) boss had been elected the President of the Commonwealth Association of Tax Administrators (CATA). He is the first Nigerian in the history of CATA to be …
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“In 2022, Nigeria is expected to have one of the highest inflation rates in the world and the seventh highest in Sub-Saharan Africa,” it said. The bank said this in the November edition of its Nigeria Development Update. According to the global financial institution, high inflation hampers the country’s attempt …
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A total of $3.53bn has been paid by the Federal Government to five international oil companies as cash call arrears repayment to the IOCs, leaving an outstanding balance of $1.15bn. Latest status report on the Pre-2016 Cash Call Arrears Repayment to the IOCs as at October 31, 2021, seen in …
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Nigeria Labour Congress, NLC, has insisted that workers and masses will not accept any further increase in the pump price of fuel in the name of subsidy removal, urging workers and the citizens to prepare for total war against fuel price hike. President of Nigeria Labour Congress, NLC, Ayuba Wabba, …
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Isa Idris, acting comptroller-general of the Nigeria Immigration Service (NIS), says the delay in passport processing as a result of booklet scarcity will be over by March. Speaking on Saturday during a media interaction, he blamed the challenge of delayed passport production on the coronavirus pandemic and the accompanying global …
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