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The Executive Chairman of the FIRS, Mohammed Nami, who was guest on a breakfast programme of the Nigerian Television Authority, urged all businesses to ensure that they register with the FIRS for VAT purpose.

Federal government begins implementation of 7.5 percent VAT

The Federal Inland Revenue Service has warned businesses and individuals against tax evasion as the Federal Government begins the implementation of the 7.5 per cent Value Added Tax on Saturday (today).

Tin Can Customs generates over N346 billion revenue

The Tin Can Island Port Command of the Nigeria Customs Service (NCS), says it generated N346,508,836,486.54 as revenue in 2019. With this figure, the Command exceeded its 2019 revenue target with an excess of N4,202,755,990.15, representing 101.21 per cent.
After he was struck down by malaria and typhoid, Togolese tailor Ayawo Hievi thought he was set to recover when he started taking drugs prescribed by his doctor.

Africa hamstrung by deadly flood of fake medicine

After he was struck down by malaria and typhoid, Togolese tailor Ayawo Hievi thought he was set to recover when he started taking drugs prescribed by his doctor.
Chairman, Securities and Exchange Commission (SEC) Olufemi Lijadu has called for concerted efforts to strengthen the capital market to attract foreign investors.

SEC seeks partnership on capital market growth

Chairman, Securities and Exchange Commission (SEC) Olufemi Lijadu has called for concerted efforts to strengthen the capital market to attract foreign investors.
President Muhammadu Buhari on Tuesday proposed a capital expenditure of N46 billion for the Ministry of Health in the 2020 appropriation bill he submitted to the National Assembly.

2020 Budget: Finance bill is to increase VAT – President Buhari

President Muhammadu Buhari has said that the Finance Bill 2019 he forwarded to the National Assembly when passed into law, will permit the government to raise the country’s Value Added Tax from 5 to 7.5 per cent.
In light of the booming business of Chinese online vendors, who ship to Western customers, Washington argues that the U.S. Postal Service is effectively subsidising traders in China.

US battles China at Universal Postal Union, threatens to quit

The Universal Postal Union (UPU) is starting crisis talks in Geneva today after the U.S. said it would withdraw its membership from the 145 year-old body unless the rules are changed to counter China’s preferential treatment.

Delta government moves to improve medical treatments through communication

Delta State Ministry of Health, in collaboration with LinkGate Corporate Resources Limited, recently staged a health exhibition during the National Council on Health (NCH), in Asaba, the Delta State capital.
President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’. 2

President Buhari: Asia is Nigeria’s strategic partner for socio-economic development

President Muhammadu Buhari has described Japan as Nigeria’s strategic partner for socio-economic development.
President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’. 4

President Buhari woos foreign investors in Japan

President Muhammaudu Buhari on Thursday wooed foreign investors at the ongoing seventh Tokyo International Conference on African Development (TICAD7) assuring them of good returns.
President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’. 4

President Buhari: Nigeria offers attractive investment opportunities

President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’.

Customs, NAFDAC destroy N14.7 billion tramadol, others

The destruction was carried out by a committee made up of representatives of the Nigeria Customs Service, the National Agency for Food and Drug Administration and Control, the National Drug Law Enforcement Agency, the National Environmental Standards and Regulations Enforcement Agency and others.
korean visa

Korea issues 1,424 visas to Nigerians in two years

The Consul-General of the Republic of Korea in Lagos, In-Taek Kim, said on Thursday that 1,424 Nigerians were issued visas to Korea in 2017 and in the first nine months of this year.
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GSK, Pfizer to merge consumer healthcare units

Pharmaceutical giants GlaxoSmithKline and Pfizer on Wednesday announced a merger of their consumer healthcare units that produce over-the-counter medicines.

Korea, Nigeria trade volume decreases

The Consul-General of the Republic of Korea in Lagos, Mr In-Taek Kim, on Thursday announced a sharp decrease in the volume of trade between Nigeria and Korea in 2018.
NAFDAC Director General Christianah Mojisola Adeyeye

NAFDAC plans 10-year limit on registration of imported drugs

The National Agency for Food, Drug Administration and Control (NAFDAC) says it plans to place a 10-year limit on registration of imports on pharmaceuticals to encourage local production of drugs.

China vows countermeasures against Donald Trump’s tariffs

China has vowed imminent countermeasures in the escalating trade war between it and Donald Trump’s America as it also condemned the administration’s plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products.

Donald Trump to target Chinese tech products for import tariffs

The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economies.

PSN stresses need for pharmacopeia in Nigeria

The President of the Pharmaceutical Society of Nigeria, Alhaji Ibrahim Yakassai, on Wednesday, stressed the need for Nigeria to have a pharmacopiea, saying it is long overdue.

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In a bid to tackle future disease outbreaks in the country, the Lagos State biosafety laboratory has began operations, the state Commissioner for Health, Prof. Akin Abayomi, has said.

Lagos: Lassa fever patient is law student from Ebonyi

The Lagos State Government says it has placed the 63 people who had direct contact with index Lassa fever case under surveillance.
Nigerian forward Odion Ighalo made his first appearance for Manchester United in their Monday night premier league clash with Chelsea.

Ole Gunnar Solskjaer lists two Odion Ighalo’s skills needed by Manchester United

Manchester United coach, Ole Gunnar Solskjaer, has listed some attributes of ex-Super Eagles striker, Odion Ighalo.
The Minister of Power, Mr Saleh Mamman, has assured Nigerians that effective metering will tackle the challenges of liquidity and energy theft in the power sector.

Nigeria can’t continue to subsidise power – minister

It called on Distribution Companies in the country to improve on their financial and technical capacity to deliver or the government would intervene more directly to find solutions to darkness.
Glasgow Rangers manager Steven Gerrard says he does not regret criticizing Nigerian midfielder Joe Aribo and his teammates following the recent bad performances.

Kaka: Steven Gerrard was better than Paul Scholes, Frank Lampard

Scholes set the tempo throughout his career at Manchester United, Lampard scored ridiculous amounts of goals from midfield for Chelsea and Gerrard was captain fantastic during his time at Liverpool.