Business

The house of representatives has approved the request by President Muhammadu Buhari to increase value added tax (VAT) from 5 percent to 7.5 percent. The lower legislative chamber approved the request during Thursday’s plenary session. […]

Oluwayemisi Mafe is a ,marketing communication professional with over twenty years experience that cuts across banking, insurance, e-commerce, among others. She is the head, Brand Communication, SUNU Assurances Nigeria PLC. In this interview by Kehinde […]

Uber is unlikely to vanish from the UK any time soon despite a controversial decision to ban the US ride-hailing app from the streets of London. The company was told this morning that its licence […]

Many small businesses operate from home, sometimes in some far-flung parts of the country. While this offers a flexible schedule and a view of the beautiful weather outside, only a few people get to know […]

In 2012, the online e-commerce space in Nigeria saw the introduction of Jumia as a major player in that sector. It was founded by the quartet of Jeremy Hodara who serves as the global CEO, […]

Jack Ma, co-founder of Alibaba, Chinese e-commerce company, led a team of investors from his country to Nigeria on Thursday. Speaking when he met with Vice-President Yemi Osinbajo at the presidential villa in Abuja, Ma […]

Ghana Union of Traders Association (GUTA) has launched more attacks on businesses belonging to Nigerians in the country. The union on Monday closed down 15 more shops belonging to Nigerians at Opera Square in Accra, […]

Bill Gates, the world’s richest man for nearly two decades, says he has paid over $10 billion in taxes, adding that he is willing to pay as much as $20 billion. Speaking about the US […]

The National Association of Sorghum Producers, Processors and Marketers of Nigeria (NASPPAM), Kebbi State chapter, in collaboration with Central Bank of Nigeria (CBN) and Keystone Bank, has wet season sorghum inputs to the 2,361 farmers […]

Chevron is reportedly making plans to sell some of its Nigerian oil assets and focus on growing its shale production in the United States. Reuters reports that the action is part of a decision reached to […]

Nigerian farmers and food processors have expressed readiness to close the gap between food demand and supply despite the closure of borders against smuggling and restriction on food importation. They also urged the government to […]

Nigeria is one of the largest producers of raw cashew nuts globally, rated fourth in the world, with an estimated yearly export volume of, at least, $167m and an untapped potential of over $115.8m. In […]

Gov. Babajide Sanwo-Olu of Lagos State says the state government is in the process of acquiring an estimated 32,000 hectares of farmland for rice cultivation in seven states. Sanwo-Olu made disclosure on Wednesday at the […]

This is not an auspicious time to be asked to give a talk on any aspect of our national life. On a regular day, we may find seven to eight separate stories on any page […]

Nigeria and Cameroon are in talks to create a uniform price for cocoa produced in both countries. Vice President of the World Cocoa Producers Organisation, Sayina Riman, disclosed this to Reuters on Thursday. The move […]

Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says there is no harm in introducing a communication tax. Fowler made this known on Monday while speaking to TheCable on the sidelines of the […]

Regardless the rate of success the Federal Government records for itself on its Anchor Borrowers’ Programme (ABP), the scheme is still plagued by allegations of favoritism by regions that claim to have been sidelined. Since […]

Abdulkarim Lawal Kaita, managing director of Dangote Farms, says there is a need to place a total ban on the importation of processed tomatoes if the federal government wants to ensure that locally made farm […]

The senate has introduced a bill which seeks to impose a tax on all communication services including electronic messaging and data usage. The ‘Bill for an act to establish the communication service tax’ introduced for […]