Business

Africa needs $200bn yearly energy investment — IPPG

Africa needs $200bn yearly energy investment — IPPG

•Africa Energy Bank to start operations in October — Farouk By Udeme Akpan Africa needs more than $200 billion annually in energy investment by 2030 to develop oil and gas, expand electricity generation and distribution, and grow clean energy, Chairman of the Independent Petroleum Producers Group (IPPG), Adegbite Falade, has said. Falade, who spoke yesterday at […]
Visible Articles 5 10 15
Modernizing tax administration with SIGITAS

Modernizing tax administration with SIGITAS

With government spending rising, it is important for revenue administrators to devise ingenious means of improving tax collection. One sure way of doing so is automation of the tax collection process.

Paper to polymer to paper currency:  They still don’t get it

Paper to polymer to paper currency: They still don’t get it

The slap on the wrist sanction of public servants, who inadvertently or indeed, knowingly misapply public resources, have expectedly engendered increasingly similar anti-social transactions and commitments by the management of several ministries, departments and agencies nationwide.

Why some businesses fail — FIRS

Why some businesses fail — FIRS

Federal Inland Revenue Services (FIRS), has blamed the failure of some businesses in the country on multiple taxation. Mr . Koffi Abassi, the Head, Micro and Small Tax Payers Department, said this at the 2013 National Revenue summit organised by Centre for Economic Research and Development.

Why entertainment industry can’t access $200m AFDB fund

Why entertainment industry can’t access $200m AFDB fund

By Franklin Alli The president of Gabosky Films Inc, Gab Okoye, has given insight into why stakeholders in the entertainment industry are finding it difficult to access the $200 million African Development Bank (AfDB) facility. The fund is being disbursed through the Bank of Industry to revamp and enhance the nation’s industrial and entertainment sectors. […]

Lagos tops IGR report

Lagos tops IGR report

“So we see that the top seven or eight states are Lagos, Rivers, Delta, Akwa Ibom, Oyo, Enugu, and Cross River. Relatively, the South West stands out even from the rest of the South region. All of these give you a sense around the state of economic development in the regions,” Agabaje said

Interest rate is not the biggest problem of SMEs

Interest rate is not the biggest problem of SMEs

I see more female in business meetings. Finally, pressure does not come from the committee alone, the market are asking for it, the Nigerian bank that says, I promote gender, I promote sustainable finance, I am interested in the handicap’s, actually gets running point from developmental institutions, donors.

Unhappy employees make unhappy customers

Unhappy employees make unhappy customers

Cherry (not her real name) works for a foremost Nigerian stock broking firm as a contract marketing staff. She is usually a charming person, but she easily gives away her dissatisfaction with the terms of her employment. She doesn’t hide the fact that she is ready to change jobs and will not hesitate to press her customers into her job search.

Indulge boosting productivity at work places — Bisi Abiola

Indulge boosting productivity at work places — Bisi Abiola

By Franklin Alli Indulge Nigeria Ltd has been boosting productivity at work places through its wellness advocacy, Feel Good Festival and Award for the past eleven years. Every year, the company’s event attracts participants from local firms like Popular Foods; Promasidor and Nigerian Breweries PLC. Others are Unilever, Grand Cereals Ltd, UAC Foods, Gossy, Mr. […]

Budget 2014 Series: A hostage of an overheated polity

Budget 2014 Series: A hostage of an overheated polity

Even if the political tsunami, the defection of five PDP governors to APC, had not occurred, getting 2014 Budget passed, without protracted rancour, and before March next year, would have been close to a mission impossible. But, with the latest political developments, next year’s budget had suddenly become one of the possible hostages or victims of the overheated polity.

‘Vehicle maintenance high because of operating environment’

‘Vehicle maintenance high because of operating environment’

Mr Odunze Valentine, is the Managing Director/CEO, Sunquick Motor Company with First Degree and second Degree in Mathematics and Education Administration from UNILAG. Sunquick Motors has been on ground for 15 years now he said. In this interview with Saturday Vanguard Business, he reveals most challenges of transport business in Nigeria and also while fare increases during Mber month. Excerpts: