Posts Tagged “Business”

Cassava revolution ‘can solve’ Nigeria’s economic crisis

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Cassava revolution ‘can solve’ Nigeria’s economic crisis

Segun Adewumi, national president, Nigeria Cassava Growers Association, says the country can generate over N20 trillion from cassava within a year.   Adewumi said this in an interview with NAN in Abuja on Monday. He said that cassava, which is one of the most reliable cash crops in the world, could also be used to…

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HOW NIGERIA’S TOP TYCOONS MADE THEIR FORTUNES

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HOW NIGERIA’S TOP TYCOONS MADE THEIR FORTUNES

Building Nigeria’s future will be manna for infrastructure companies like Julius Berger. Its chairman is establishment heavyweight Mutiu Sunmonu, who also ran Shell’s Nigeria wing and sits on the board of Unilever Nigeria.
One of Nigeria’s other big infrastructure firms, Bi-Courtney, is run by the irrepressible billionaire Wale Babalakin.
The boom of indigenous oil companies has been the story of the last decade in Nigeria, with Wale Tinubu’s Oando so lucrative he moved some of his money with the help of the offices of Panamanian lawyers Mossack Fonseca of Panama Papers fame.

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NIGERIA RANKS 4TH WITH 35% ON INVESTMENT RETURN IN THE WORLD

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NIGERIA RANKS 4TH WITH 35% ON INVESTMENT RETURN IN THE WORLD

The Acting Managing Director, Bank of Industry (BOI), Mr Waheed Olagunju, said Nigeria ranked fourth with 35 per cent on return investment in the World. Olagunju said this on Saturday in Lagos on the sidelines of BOI media parley titled: “Sustaining Nigeria’s industrial sector growth through impactful partnership’’. He said that a lot of countries…

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NIGERIA WEALTH SECTOR CHALLENGES AND OPPORTUNITIES REPORT 2016 – RESEARCH AND MARKETS

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NIGERIA WEALTH SECTOR CHALLENGES AND OPPORTUNITIES REPORT 2016 – RESEARCH AND MARKETS

Europe accounted for 29.4% of Nigerian HNWIs’ foreign assets in 2015. This was followed by Asia-Pacific with 20.5%, North America with 19.6%, Africa with 19.5%, Latin America with 8.8% and the Middle East with 2.2%.

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NIGERIA’S BOKO HARAM VICTIMS BOUNCE BACK WITH BUSINESSES IN CAMPS

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NIGERIA’S BOKO HARAM VICTIMS BOUNCE BACK WITH BUSINESSES IN CAMPS

“I make about 600 naira ($3) daily,” said Saidu, who earns more during term time when students buy zobo en route to school, or during their breaks. “I have never been idle in my life.”

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PWC RATES NIGERIA’S TAX LOWEST GLOBALLY

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PWC RATES NIGERIA’S TAX LOWEST GLOBALLY

By Naomi Uzor, Lagos Renowned tax experts, PricewaterhouseCoopers, PwC, yesterday rated Nigeria’s tax contribution to Gross Domestic Products, GDP, lowest in the world. Partner/Head, Tax Regulatory Services, PwC, Mr. Taiwo Oyedele, disclosed this while giving an overview of the tax environment globally, during Taxation Rountable organised by Lagos Chamber of Commerce and Industry, LCCI. He…

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NEW BUSINESS MODEL OFFERS HOPE TO NIGERIA’S PHARMA INDUSTRY

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NEW BUSINESS MODEL OFFERS HOPE TO NIGERIA’S PHARMA INDUSTRY

The work titled “In-licensing as a Business Strategy for Pharmaceutical Companies: A Framework for the Nigerian Industry” essentially details a comprehensive structural realignment of the Nigerian pharmaceutical industry.

It will be presented in a one-hour session on the 4th of September, 2016 at the Suntec Convention Center, Singapore.

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TRANSFORMATIONAL MEASURES AT THE CAC

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TRANSFORMATIONAL MEASURES AT THE CAC

When this is done stamping of incorporation documents and some Post Incorporation documents will be done electronically on CRP. In other words, you can pay for stamp duties and stamp your documents on CRP after completing the forms without manually taking them to Stamp Duties office at Federal Inland Revenue Service (FIRS).

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