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NACCIMA, OPS to NASS: Remove sections of tax bill that imposes taxes on FTZ

NACCIMA, OPS to NASS: Remove sections of tax bill that imposes taxes on FTZ

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, NACCIMA, and the Organized Private Sector of Nigeria, OPSN, have called on the National Assembly, NASS, to remove sections of the Nigeria Tax Bill 2024 that imposed new tax burdens on Free Trade Zones, FTZs.

Stock market records N20.19bn net foreign investment outflow 

Stock market records N20.19bn net foreign investment outflow 

•As foreign investment outflow rises 13.2% to N45.85 By Peter Egwuatu  The stock market recorded N20.19 billion net foreign investment outflow in January indicating risk of liquidity crunch in the market. Vanguard’s analysis from the data released by the Nigerian Exchange Limited, NGX showed that foreign outflow in January 2025 recorded N45.85 billion against the foreign […]

We established EPTs to enhance export process — NPA

We established EPTs to enhance export process — NPA

•As exporters decry delay in new NXP policy By Providence Ayanfeoluwa The Managing Director of Nigerian Ports Authority, NPA, Dr Abubakar Dantsoho, has said that Export Process Terminals, EPTs, were established to simplify the burdensome process of exporting Nigerian goods, as well as to contribute to strengthening the domestic economy via promotion of balance of trade. […]