Business

Delta seals 12 companies over tax liabilities

12 companies operating in warri, Delta State, were on Friday sealed by the state’s Board of Internal Revenue (DBIR) over tax liabilities. In addition to the companies sealed were hotels and schools. Mr Joel Ogege, DBIR’s Director (Enforcement and Compliance), said the companies were shut over accumulated Personal Income Tax liabilities totaling more than N10 […]

Business

EEDC introduces new electricity bill

As part of its continuous effort to introduce initiatives geared towards ensuring enjoyable customer experience, the Enugu Electricity Distribution Company (EEDC) has modified its electricity bill to wear a new look. The refreshed two-sided A5 sized electricity bill takes effect from September, 2017, with  new features which include a  summary of previous balance and last […]

Business

CBN assures of continued forex supply

The Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market in order to sustain liquidity and stability in the sector. The Acting Director, Corporate Communications Department at the Bank, Mr. Isaac Okorafor gave the assurance in Abuja on Friday, stressing that the measures being taken by the […]

Business

U.S. to unveil revised self-driving car guidelines

President Donald Trump’s administration is set to unveil revised self-driving vehicle guidelines next week in Michigan, responding to automakers’ calls for elimination of legal barriers to putting autonomous vehicles on the road, sources briefed on the matter said on Tuesday. U.S. Transportation Secretary Elaine Chao was expected to unveil the revised guidelines next Tuesday at […]