Business

Ibom Air To Commence International Flight

Plans are underway for the Akwa Ibom State owned and operated Airline, IbomAir to begin international flights, the Secretary to the State Government, Dr. Emmanuel Ekuwem has said. This to him is sequel to the high demands by Cameroonians to fly directly into Nigeria rather than flying to Lome(Togo) before connecting a flight to Abuja or Lagos. Briefing newsmen at ...

Read More »

FIRS Gives Taxpayers 30 Days To Obtain Tax Certificates

The Federal Inland Revenue Service on Sunday announced a 30-day window for taxpayers to obtain their 2020 tax clearance certificates beginning from January 2 next year. The Executive Chairman, Muhammad Nami, said this in a notice to taxpayers personally signed by him. He said the window which would end on January 31 was created to make it easy for taxpayers ...

Read More »

2019: Nigeria’s Stock Market Ends In Red

By  Chinyere Joel-Nwokeoma (NAN) With less than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed, turning out to be yet another locust year for both local and foreign investors, due to an unfriendly operating environment. This, analysts ...

Read More »

Ihedioha Pledges Support For SPDC’s Gas Project In Imo

Imo State Governor, Emeka Ihedioha, has pledged the support of the government and people of the state for the success of the multibillion dollar Assa North/Ohaji South Gas development project. Speaking during a visit to him in his office last week by the leadership of the Shell Petroleum Development Company (SPDC), the governor said, “We are determined to work with ...

Read More »

Dangote Refinery: Governors’ Forum Hails Lagos Govt For ‘Smooth Take-Off’

NGF Members Tour Dangote’s Petrochemical Facilities Lagos State Government on Friday got commendation from Nigeria Governors’ Forum (NGF) for creating enabling atmosphere for the smooth take-off of the petrochemical refinery and fertilizer projects sited in Ibeju-Lekki area Lagos by Dangote Group. The commendation followed a trip around the massive sites of the Dangote petrochemical refinery and fertilizer projects by Lagos ...

Read More »

Stamp Duty: Senate Probes CBN Over Unremitted N20tn

The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20tn into the Federation Account by the Central Bank of Nigeria. The CBN, according to the red chamber, collected the amount as stamp duty from banks and financial institutions from 2016 till date. The decision to probe the non-remittance of stamp duty followed the consideration of ...

Read More »

A Useful Guide For CEOs On How To Make Ethical Decisions In Business

Shutterstock Kenneth Amaeshi, University of Edinburgh Chief executive officers (CEOs), like ordinary citizens, are driven by their values and convictions. These may not necessarily be just ‘good for business’. Examples abound. Tim Cook, CEO of Apple, speaks strongly for the LGBT community. Salesforce CEO Marc Benioff speaks strongly against pay inequality. Laurence Douglas Fink, chairman and CEO of BlackRock, is ...

Read More »

Auditor-General Slams NNPC, DPR, FIRS For Illegally Deducting N1.5tn

The Office of the Auditor-General for the Federation has disclosed that out of the N6.4tn generated by revenue collection agencies in 2017, about N1.5tn was deducted and not remitted into the federation account in violation of the provisions of the Constitution. In an audit report for 2017 which was released on Wednesday in Abuja, the Auditor-General for the Federation, Mr ...

Read More »