Leading professional services firm,PricewaterhouseCoopers (PwC) Nigeria, has called on the Nigerian government to overhaul the country’s tax system to ensure that taxes are used to bring about sustainable economic growth.

United Bank for Africa, UBA, said it has strong bias for celebrating Africans and their achievements, thus the support for the launch of Hello! Nigeria magazine.

Leading telecommunications service provider, Airtel Nigeria and Nokia, have partnered to provide Nigerians the opportunity to exchange any of their current handsets for one of Nokia’s swank smartphones, the Lumia 520.

Mallam Sanusi Lamido Sanusi, Governor, Central Bank of Nigeria (CBN), says the Federal Government established the Sovereign Wealth Fund (SWF) to shield Nigerian economy from adverse global shocks.

A former Executive Director, National Root Crops Research Institute (NRCRI) Umudike, Abia, Dr Kenneth Nwosu, says Nigeria loses more than 260 billion dollars annually on rice importation.

FOLLOWING complaints received from operators during the tour of major ports in the country by the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN, Minister of Transport, Senator Idris Umar, has directed that the illegal collection of practicing fees by the Joint Task Force of the Association of Nigerian Licensed Customs Agents (ANLCA) and the National Association of Government Approved Freight Forwarders (NAGAFF) be stopped.

A Tanzanian-based firm, Export Trading Group (ETG) has disclosed its intention to build a 50 million dollar fruits juice factory in Benue state Nigeria.

IN a bid to ensure trade facilitation in Nigeria, about 19 government agencies are currently inter-connected to the Nigeria Customs Information System (NICIS), which is now powered by Web Fontaine.

MasterCard and the Entrepreneurial Finance Lab (EFL) have announced a global partnership to promote Small Business (SMB) growth in developing countries. The partnership, signed during a ceremony at the SIBOS Conference in Dubai, provides international issuers in developing markets with new tools to help improve credit underwriting for unbanked small businesses. The cost-effective approach to screening and risk evaluation increases SMBs’ access to capital, unlocking entrepreneurial potential and driving economic growth around the globe.

Access Bank website has been adjudged overall winner of the 2013 edition of the Web-Jurist ‘Website Effectiveness Award’ conducted by Philips Consulting.

Mr. Felix Egbamuno is the Chairman of Femro 3, a textile manufacturing company based in Lagos. The company is one of the beneficiaries of the Federal Government’s N100 billion Cotton, Textile and Garment (CTG) Revival Fund being managed by the Bank of Industry (BoI).

Some banks in Lagos on Tuesday warned customers not to respond to requests for their personal bank details over the Internet, telephone or in person.

The Chartered Institute of Bankers of Nigeria (CIBN) has called on the Federal Government to intensify the implementation of infrastructure development programmes and provide special intervention funds for real and agricultural sectors in order to ensure the success of the ongoing economic diversification agenda.

Food and Agriculture Organisation (FAO) has committed $2 million of emergency funding supplemented by over $5 million from USAID to kick-start H7N9 response efforts as it warns the international community that the H7N9 and H5N1 avian influenza viruses continue to pose serious threats to human and animal health, especially in view of the upcoming flu season.

Some of these militating factors would include – drastically low per capital income, unemployment & high incidence of job losses, poor and or dwindling economic environment and activities; poor pay and reward system within the Nigerian landscape including failure or ignorance of insurance buyers to appreciate the essence of premium payment and the implications of non-payment under an insurance contract among several other factors.