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Business - Page 406

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Nigeria has rolled out a unified Tax Identification framework that links tax records directly to existing national identity systems, with the National Identification Number (NIN) now serving as the Tax ID for individuals and Corporate Affairs Commission (CAC) registration numbers forming the

December 23, 2025

Business·Power

Nigeria’s Electric Vehicle Manufacturers To Collaborate With Petrol Stations Over Charging Concerns

In a bid to tackle charging apprehensions surrounding electric vehicles (EVs) in Nigeria, the country's EV manufacturer, SAGLEV Inc., has collaborated with Ardova Plc.

October 7, 2023

Africa·Business

South Africa’s Investment In Nigeria Drops By 81% In 4 Years

South African investment in Nigeria has dropped by 81% over the last four years, marking a shift in the dynamics of Africa’s economic powerhouse. Directly addressing the issue, financial experts and business leaders have voiced their concerns. CEO of South African conglomerate,

October 7, 2023

Business·News

US Govt To Connect American Investors With Investment Opportunities In Nigeria

The United States Government, in collaboration with the U.S. Agency for International Development (USAID) Mission in Nigeria, and with the support of the U.S. Prosper Africa and Power Africa initiatives, is gearing up to introduce American investors to the vast landscape of

October 7, 2023

Business·Technology

Robust Data Service Centres Can Attract Millions Of Dollars Foreign Investments – NCC

The Nigerian Communications Commission (NCC) has underscored the importance of having a robust data service system in the digital ecosystem. The NCC Executive Vice Chairman, Professor Umar Garba Danbatta, who spoke at the fourth edition of the Telecommunications Sector Sustainability Forum themed:

October 7, 2023

Business·Oil & Gas

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has challenged President Bola Tinubu’s declaration that the era of fuel subsidies had ended. PENGASSAN’s National President, Festus Osifo, who also serves as the President of the Trade Union Congress (TUC),

October 7, 2023

Nigeria Govt Finally Secures Access To Heathrow Airport For Air Peace

Business·News

We’ve Right Equipment, Personnel For International Operations – Air Peace

The largest airline in West Africa, Air Peace, has addressed concerns about its international operations by disclosing that it is in the clearing house of the International Air Transport Association (IATA) and has the necessary tools and employees to run foreign flights.

October 7, 2023

AMCON Threatens To Liquidate Arik Air, Other Firms Over ₦455bn Debt

Business

AMCON Explains What Happened To Arik Air’s 3 Aircraft After Takeover

The Asset Management Corporation of Nigeria (AMCON) has refuted the claim that it carried out illegal sale of the three aircraft and spare parts belonging to Arik Air after it took over the airline in 2017. The planes in question are Q-400,

October 7, 2023

Business

Nigeria’s Q2 Foreign Capital Drops 9.04%, Lagos Leads

In the second quarter of 2023, Nigeria experienced a notable downturn in foreign capital importation, marking a 9.04% decrease when compared to the preceding quarter (the first three months of 2023). These findings were revealed in the latest foreign capital report published

October 6, 2023

Business

SEC To Compel Elon Musk’s Testimony On Twitter Stock Purchases

The U.S. Securities and Exchange Commission (SEC) is intensifying its pursuit of Elon Musk, CEO of X, as it seeks his testimony regarding Twitter stock purchases before the $44 billion acquisition in October 2022. After a series of contentious exchanges, the SEC

October 6, 2023

AMA News·Business

Open Startup successfully concludes a 3-Day training, The TOT for Coaches, uniting 40 Coaches from Diverse Organizations, Empowering the entrepreneurial Ecosystem in Senegal.

DAKAR, Senegal, 6 October 2023 -/African Media Agency(AMA)/-FThe Training of Trainers for Coaches (TOT for Coaches), a collaborative endeavor by Open Startup (OST) in partnership with renowned experts from Columbia University of New York, has successfully wrapped up its mission in Senegal. During three

October 6, 2023

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Business - Page 406

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Nigeria’s Electric Vehicle Manufacturers To Collaborate With Petrol Stations Over Charging Concerns

South Africa’s Investment In Nigeria Drops By 81% In 4 Years

US Govt To Connect American Investors With Investment Opportunities In Nigeria

Robust Data Service Centres Can Attract Millions Of Dollars Foreign Investments – NCC

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

We’ve Right Equipment, Personnel For International Operations – Air Peace

AMCON Explains What Happened To Arik Air’s 3 Aircraft After Takeover

Nigeria’s Q2 Foreign Capital Drops 9.04%, Lagos Leads

SEC To Compel Elon Musk’s Testimony On Twitter Stock Purchases

Open Startup successfully concludes a 3-Day training, The TOT for Coaches, uniting 40 Coaches from Diverse Organizations, Empowering the entrepreneurial Ecosystem in Senegal.

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