Business

FIRS gives tax offenders 29% waiver

The federal government has said tax offenders stands to enjoy 29 per cent waiver on overdue taxes if they take advantage of the recently-launched Voluntary Asset and Income Declaration Scheme (VAIDS). Mr. Abiodun Aina, Special Adviser to the Chairman, Federal Inland Revenue Service (FIRS), made this known in an interview with the News Agency of […]

Business

How Nigeria can save N3.6tn on importation

Minister of Science and Technology, Dr Ogbonnaya Onu has said that Nigeria can save as much as N3.6 trillion on importation within the next four years if the 13-year science, technology and innovation road-map is strictly adhered to. During his visit to the former National Chairman of the All Progressives Congress (APC), Bisi Akande in […]

Business

Apapa Customs rakes in N165billion

The Apapa Customs Command has realised N165.7billion in the half year of 2017, which represents 49.06 percent collection on target for the year. This was made known through a document issued by the Public Relations Officers of the Command, Ijeoma Nwala. Nwala added that Apapa, which is the premier port has maintained its lead as […]

Business

Reps step into metering issues

The House of Representatives Committee on Power recently engaged customers at the Kano Electricity Distribution Company, Kano on issues affecting quality of services to Nigerians. While commending the distribution company, customers experienced concerns about a handful of challenges from metering, unwarranted bills and erratic power supply. On billing, one of the customers noted that “people […]

Business

NCAA begins regulation of drones system

The Nigerian Civil Aviation Authority (NCAA), says the agency will start regulating the use of Remotely Piloted Aircraft Systems (RPAS) popularly referred to as drones. Mr Dele Sesegbon, the Director of General Aviation, NCAA told our correspondent that the draft regulation which will cover both commercial and private operators was ready. He said the authority […]

Business

Used tyres: SON takes fight to Nigerians

The Coordinator of Standard Organisation of Nigeria (SON) in Kwara, Mr. Sunday Yashim, says SON is determined to rid Nigeria of imported fairly used and expired tyres. Yashim reiterated the commitment Friday in Ilorin while speaking with newsmen after a raid on tyre shops where over 1, 000 units of tyre were confiscated. The raid […]

Business

Uber shareholders discuss stock sale

Uber Technologies Inc’s shareholders and its board, led by venture capital firm Benchmark, have discussed selling some of their stock to Masayoshi Son’s SoftBank Group Corp (9984.T) and other potential investors, Bloomberg reported on Friday, citing people familiar with the matter. The deal could include investment of new money into the startup, Bloomberg reported, adding […]

Business

Nigeria 9th most spammed country—Truecaller

Truecaller Insights Special Report on Friday rated Nigeria as the 9th most spammed country in the world. The Marketing Manager, Truecaller, Ms Lindsey Lamont made this known in the report obtained by the News Agency of Nigeria (NAN) in Lagos. Truecaller is an identification solution application company aimed at ensuring safety of mobile users. Lamont […]