The Nigeria Immigration Service (NIS) says it has intercepted 42 bags of foreign rice at Kankara axis of Katisna State. The Service Public Relations Officer (SPRO), Mr Sunday James, who disclosed this in a statement made available to News Agency of Nigeria (NAN), on Saturday in Abuja, said that it was concealed in a vehicle. […]
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The Minister of State for Petroleum Resources, Timipre Sylva, disclosed that the federal government plans to provide alternative petrol Compressed Natural Gas (CNG), for the masses, that will cost between N95 to N97 per litre He promised that the Petroleum Industry Bill(PIB), will also be passed before May 29, 2020. Sylva said this when asked […]
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Nigeria’s minister of finance, budget and national planning, Zainab Ahmed, says the implementation of the new value-added tax rate will begin on February 1, 2020. Zainab Ahmed announced this at the ongoing inauguration of the Federal Inland Revenue Service (FIRS) board. President Muhammadu Buhari signed the finance bill, which increased VAT by 50% into law […]
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Startups participating in the second season of the Facebook Accelerator Programme have recorded significant achievements, including raising over $500,000 in committed investments and grants in just three months (halfway through the programme). Within the same period, they have also made significant product pivots, sealed key partnerships and made progress towards creating unique products with world-class […]
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President Muhammadu Buhari, on Monday signed the 2019 finance bill into law in Abuja. The bill signed into law marks the commencement of the proposed increase in the rate of value-added tax from the present 5% to 7.5%. The bill was submitted to the national assembly alongside the budget. However, the bill signing is coming […]
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At least one person has been confirmed dead, following Saturday’s fire that gutted the Mgbuka Obosi Spare Parts Market in Idemili North Local Government Area of Anambra. News Agency of Nigeria (NAN), however, learnt that the deceased, identified simply as G.O.D and Chairman of Zone 11 in the market, did not die in the inferno. […]
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United Bank for Africa Plc (UBA) on Monday, announced that Oliver Alawuba has been appointed as CEO of UBA Africa, overseeing the bank’s 20 African country operations, ex-Nigeria. He succeeds Victor Osadolor, who retires from the Group Board, after 9 years of service working at UBA. UBA Africa serves over 19 million customers across the […]
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The Tony Elumelu Foundation (TEF) has opened its application portal (www.tefconnect.com) for applications from African entrepreneurs across all African countries, for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme. In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020. The TEF Entrepreneurship Programme is open to startup […]
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Over 5,000 staff of the United Bank for Africa (UBA) Plc, started the new year with a lot of cheer as the bank yesterday announced its promotion to new grades as well as salary upgrades with immediate effect this January. Those who are beneficiaries of this exercise will receive up to 170% increase in their […]
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The Tony Elumelu Foundation (TEF)—the private-sector-led philanthropy focused on empowering African entrepreneurs—has announced a final list of 2,100 entrepreneurs to benefit from the inaugural TEF-UNDP Entrepreneurship Programme. The Programme targets small business owners in rural communities across the 7 Sahel countries of Africa – Nigeria, Niger, Chad, Mauritania, Burkina Faso, Mali and Cameroon. The successful […]
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