Generally, there are three major indicators of an efficient tax system – number of tax payments, time required to comply with tax obligations and total tax.

As the on-going reform in Nigeria Customs Service (NCS) completes four years in August 2013, stakeholders are of the opinion that the reform has impacted positively to promote professionalism and efficiency, even as it tranformed NCS to operate in line with global trend.

Workers of the Aluminium Smelter Company of Nigeria (ALSCON) and Ikot Abasi community youth groups have raised the alarm over alleged asset stripping in the company, which has been without a legal management since the court sacked the Russian firm, UC RUSAL, from running it.

The Federal Government has appointed Jessica Mathews, a U.S.-based Nigerian, who invented energy generating football and skipping rope as an `Entrepreneurship Ambassador’.

International Finance Corporation, IFC has announced its plans to support investments that will add 1, 500 megawatts of power generation to the national grid.

The vision and passion of artistic invention that runs in the family of Chief Ogbonna was an ancestral heritage from the art loving family of late Chief Aguene Nwinyinya Okorie of Umuchita-Uudomi village in Onicha Igboeze, Ebonyi State.

Aruviere Martin Egharhevwa is a young qualified Nigerian lawyer living in London, United Kingdom. In this interview with Saturday Vanguard Business, Urhobo born citizen of Delta State, laments the rate of unemployment among Nigerian youths, epileptic power supply that has crippled business operation in the country, insecurity and poor level of economic development in the country.

In order to stimulate interest in Nigeria’s creative sector, grow its potential, boost the relatively low profile compared to other sectors of the economy, foster job creation, aid policy making, provide information on size, employment and other trends, the British Council has commissioned a mapping working group to begin a pilot study of selected key sub sectors which are fashion, film an music.

ABUJA—There appears to be a new latitude for entrepreneurs in the country as the Central Bank of Nigeria, CBN, yesterday, launched a N220 billion Micro, Small and Medium Enterprises, MSMEs, fund to provide the much needed capital for that sub-sector of the economy.

Biotechnology has been described as a tool for solving global agricultural, medical, and industrial challenges. Prof. Bamidele Solomon, the Director-General, National Biotechnology Development Agency (NABDA), expressed this opinion in Abuja during the week at a two-day Training on Biotechnology organised by the Biodiversity and Climate Research Group of Sheda Science and Technology Complex (SHESTCO) in Kwali, FCT.

Tax administrators have been urged to create intelligence units to monitor the activities of the affluent to ensure that they pay their taxes.

The Minister of Labour and Productivity, Mr Emeka Wogu, has said that productivity is critical to the actualisation of the Vision 20:20:20 and the transformation agenda of President Goodluck Jonathan.

Poise Nigeria Limited has entered into a strategic partnership with the Enterprise Development Centre, EDC, of the Pan-Atlantic University, PAU, to address the challenges of human capacity development in Nigeria.

VITAFOAM has unveiled music pillows, latex pillows, spring mattress and memory/visco elastic foam that regulates blood circulation.

The ongoing privatisation of the power sector is facing a threat as winners of the 11 distribution companies of the Power Holding Company of Nigeria, PHCN, have issued the Federal Government fresh conditions before completing the balance of 75 percent of the bid’s value.