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Ease of Doing Business

NBA-SBL, CAC partner to improve ease of doing business

The Council of the Nigerian Bar Association Section on Business Law, NBA-SBL and the Corporate Affairs Commission, CAC, have said that both organisations will continue to collaborate in order to improve ease of doing business.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Oil price crash a shock to Nigeria – minister

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed said the crash in oil price on Monday was a shock to the country.
Alhaji Munir Sanusi, the chief of staff to the Emir of Kano, has confirmed the receipt of the query issued to Emir Muhammad Sanusi II by the Kano state government.

Kaduna appoints ousted Kano emir into investment agency

The Kaduna State Government has announced the appointment of Muhammadu Sanusi II, who was deposed as emir of Kano on Monday, into the board of KADIPA, its investment promotion agency.
The Federal Road Safety Corps (FRSC) in Niger says 12 people have died in an accident on Sunday at Sawmill village along Mokwa -Makera road in Mokwa Local Government Area of the state.

FRSC reacts to alleged arrest of vehicle conveying pregnant woman in labour

The Federal Road Safety Corps says it has noted with dismay the distorted account that have permeated every facet of the social media about an incident involving its patrol team and a road traffic offender who drove with an alleged pregnant woman violating established traffic laws in Port Harcourt, Rivers State.
Manufacturers Association of Nigeria (MAN)

MAN raises concern over Nigeria’s GDP growth

The Manufacturer Association of Nigeria (MAN) has described the lean 0.14 per cent GDP growth rate recorded in the fourth quarter of 2019 as a strong indications that Nigeria was not be ready for the AfCFTA commencing in July 2020.
The Speaker of the House of Representatives, Femi Gbajabiamila, has called for an improved welfare package for teachers in Nigerian as they join their colleagues globally to mark this year’s World Teachers’ Day. 9

Speaker Gbajabiamila: We’ll fast-track CAMA amendment bill

The Speaker of the House of Representatives Rep. Femi Gbajabiamila has said that the House would take steps to fast-track the consideration and amendment of the Companies and Allied Matters Act (CAMA).
Governor Babajide Sanwo-Olu stated this during a courtesy visit to Lagos House, Ikeja by the Executive Chairman, Federal Inland Revenue Service, (FIRS) Mr. Muhammad Nami.

FIRS, Lagos to tackle non-payment of taxes

The Federal Inland Revenue Service (FIRS) and the Lagos State Government will collaborate to tackle non-payment of taxes by individuals and companies.

NIMASA: Nigeria to begin online ship registration

“NIMASA has concluded plans to set up an automated ship registration process through online and electronic procedure,’’ the director-general said in a statement.

Finance Act will lift insurance sector’s contribution to GDP – NIA chief

Director General of the Nigerian Insurers Association (NIA), Mrs. Yetunde Ilori, has said that the new Finance Act 2020 will improve the insurance industry contribution to the Gross Domestic Product, GDP, in Nigeria.
Senator Ahmed Ibrahim Lawan

We need to revisit power sector privatisation – Senate president

President of the Senate, Ahmad Lawan, on Thursday said there is a need to revisit the privatisation of the power sector.
President Muhammadu Buhari on Tuesday unveiled new visa policy with 79 visa classifications.

President Buhari unveils new visa policy

This comes amid news that five international airports with sufficient technology and devices that will make it impossible for persons with threats to pass through, have been approved as the only ports of entry where visa on arrival can be obtained.
EDITORS NOTE: Graphic content / Singapore-flagged container ship Kota Singa is docked at the Apapa Port Complex in Lagos, Nigeria's economy hub, on April 8, 2019. - The Nigerian port is congested with hundreds of ships, idly queueing for days to offload containers with goods. Lagos port congestion is affecting port operations and creating a severe backlog at ports, causing carriers’ containers to be held in port for extra days, as well as creating several miles of truck traffic at roads that links to port gates. (Photo by PIUS UTOMI EKPEI / AFP)

NPA takes steps to end congestion at Lagos ports

The Nigerian Ports Authority (NPA) has begun fresh moves to resolve the lingering gridlock at the Lagos Ports Complex.

Governor Ugwuanyi: Enugu can thrive without federal allocations

Gov. Ifeanyi Ugwuanyi of Enugu State says his administration can thrive without revenues from the Federal Allocations.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Minister: 7.5 percent VAT to take effect February 1

The Minister of Finance, Budget and National Planning, Mrs Zainab Usman, disclosed in Abuja that the implementation of Value Added Tax (VAT) new rate of 7.5 per cent will commence on February 1, 2020, after all the necessary administrative procedures have been completed, especially the gazette of the Act by the Federal Ministry of Justice.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

2020: NECA advocates synergy between fiscal, monetary policies

As part of its expectations for 2020, the Nigeria Employers’ Consultative Association (NECA) has called for synergy between the fiscal and monetary policies of the Federal Government.

FIABCI seeks improved trade liberalisation, others

The International Real Estate Federation (FIABCI), Nigeria chapter, has called for improved trade liberalisation and the ease of doing business.

FAAN reads riot act to agencies, individuals on protocol activities at airports

In what seems like a riot act to other agencies and individuals operating at the nation’s airports, the Federal Airports Authority of Nigeria (FAAN) has warned against unwarranted escort of passengers at airports.

Afreximbank president speaks at 4th South East economic summit

President of Afreximbank, Professor Benedict Oramah, will deliver the keynote address on the theme: “Financing South East economic development and improving the Ease of Doing Business in the South East”, on Friday at the 4th South East Economic Summit (SEES) holding in Enugu.

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Popular Nollywood actress Anike Alajogun has reportedly tested positive for coronavirus in the United Kingdom.

Veteran Nollywood actress tests positive for coronavirus

Popular Nollywood actress Anike Alajogun has reportedly tested positive for coronavirus in the United Kingdom.
Rivers State Governor, Nyesom Ezenwo Wike (m) Commissioner for Health, Professor Princewill Chike (l) inspecting the ongoing construction of Isolation Centre in Port Harcourt

Official: How Rivers got its second case of coronavirus

The second Covid-19 case in Rivers state is a 62-year-old returnee from the UK, who is also a retiree, it has been revealed.

Nigeria revokes eleven oil mining licenses

The Nigerian Government has revoked Oil Mining Licences (OML) of 11 oil and gas companies operating in the Marginal Fields.
“I have presented my resignation as president of La Liga in order to begin new presidential elections, in which I will be a candidate,” Tebas said on Twitter.

La Liga sets target dates for 2019-20 season restart

La Liga president Javier Tebas is looking at potential dates to restart the 2019-20 campaign, according to The Guardian. There are three proposed dates for the league to restart: May 28, June 6 and June 28.
Kwara State Governor Abdulraham Abdulrazaq

Kwara begins coronavirus contact tracing of 75 persons

The Kwara State government on Tuesday disclosed that about 75 persons who had contact with the two COVID-19 patients in the state are under contact-tracing in order to curb the spread of the infectious disease in the state.