There seems to be no love lost between the manufacturers in Kwara and the State Government over the plan of the government to introduce new tax called manufacturers processing levy bill which the manufacturers consider too many. While the businessmen have threatened to relocate to other states or sue the government, the governor has insisted […]
Authorities of Television Continental (TVC) have explained that 145 members of staff were sacked as part of the repositioning measures. The Board of Continental Broadcasting Services Ltd (CBS), owners TVC and Radio Continental, on Friday issued a statement saying the decision was part of its effort to restructure the enterprises. According to the statement, the […]
Afetr years of delay, a $4.2 billion lawsuit against South Africa’s MTN over a disputed Iran licence will be heard in a South African court, Turkish mobile operator, Turkcell, said on Thursday. Turkcell first sued Johannesburg-based MTN in a US court in 2012, alleging the South African mobile company used bribery and wrongful influence to […]
Diamond Bank Plc has supported more emerging entrepreneurs in its empowerment initiative called Building Entrepreneurs Today (BET). The bank recently presented a cheque of N3 million each to five budding entrepreneurs in the BET sixth series. It had previously given out N75 million to winners under the project. Chief Executive Officer, Diamond Bank, Mr. Uzoma […]
The total number of passengers who passed through Nigerian airports in the first quarter of 2017 (Q1 2017) was 2,505,612, representing 31.3 percent drop when compared to the previous quarter and 34.5 percent decline compared to the same quarter of 2016. The Air Transportation Data Q1 2017 released by National Bureau of Statistics (NBS) yesterday […]
South Africa’s economy may be headed towards technical recession as growth rate has shrunk and unemployment has hit levels not seen in 14 years. According to a report by Reuters, the economy shrank 0.3 percent in the last quarter of 2016 and if it shows a contraction when domestic product results are released next week […]
The Senate on Wednesday declared that the country is losing a whopping $2.5 billion every year to gas flaring. This was disclosed as the Senate began moves to enact a legislation to outlaw gas flaring in the country. At a public hearing on the Gas Flaring (Prohibition) Bill in the National Assembly, the Senate Committee […]
Guaranty Trust Bank Plc (GTBank) on Wednesday launched ‘GTWorld,’ a mobile banking app designed to cater to all that’s important to customers easily and seamlessly. According to the bank, GTWorld is built on the back of the bank’s customer-centric digital strategy and its available for download from the Google Playstore for Android phones and the […]
Kwara State government is set to commence a five-year tax relief regime for small business owners in the state. This follows a directive given by Governor Abdulfatah Ahmed to the State’s revenue service to put in motion the tax relief regime as part of the government’s effort to boost entrepreneurship and eradicate poverty in the […]