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.

Professor of Agricultural Economics, University of Ibadan Professor Anthony Ikpi has called for measures to check the decline in the nation’s export earnings, which dropped by N2 trillion in the first quarter of this year.

Managing Director of Global West Vessels Specialist Ltd, Capt. Winfred Itima, has advocated collaboration between the Nigerian Maritime Administration and Safety Agency (NIMASA) and other security agencies in the country to effectively combat piracy along the nation’s waterways.

THE National Council of Managing Director of Licensed Customs Agents (NCMDLCA) has raised alarm over moves by the dissolved board of the Council for the Regulation of Freight Forwarders in Nigeria (CRFFN) to collect dues despite the absence of a Council.

Heritage Bank has pledged to work with stakeholders in the entertainment industry to develop a funding model for the industry.

Oil producing communities in Ondo State have threatened to embark on a mass action, if their request for the direct payment of 13 percent derivation funds is not acceded to.

Analysts at the Financial Derivatives Company (FDC) Limited predicted inflation rate of 8.7 per cent for July. “Our forecast for Nigeria’s headline inflation in July indicated a 0.37 per cent increase to 8.77 per cent (±0.22%) from June’s 8.4 per cent”, they said in the FDC Economic Bulletin for August.

Senior Special Assistant on Taxation and Internal Revenue Generation to the Ogun State Governor, Mr Kunle Akinlade, in this interview explains how the state Internal Revenue Service (IRS) has been able to raise the internal revenue profile of the state from N700 million to almost N4Billion within two years and efforts of Governor Ibikunle Amosun to reposition the state. Excerpts:

The Central Bank of Nigeria will take delivery of new naira notes before the end of September for circulation, the Deputy Director, Operations, Dr Tunde Lemo, has said.

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

A design for a super-fast transport system dubbed “Hyperloop” -carrying passengers in pressurized tubes at near-supersonic speeds – was unveiled Monday by inventor and entrepreneur Elon Musk.