FAAC shares N2.43trn among FG, states, LGs
•As CIT, CGT, stamp duties, VAT collections decline By Emma Ujah The Federation Account Allocation Committee (FAAC) has shared N2.428 trillion among the three tiers of government, Federal Government, state governments and local government councils. This comes as collections from Companies Income Tax (CIT), Capital Gains Tax (CGT), Stamp Duties and Value Added Tax (VAT) […]
Microentrepreneurs blame govt, banks for operational hardship
Micro and Small entrepreneurs under the umbrella of the Association of Micro Entrepreneurs of Nigeria, AMEN, have blamed the government and banks for the unfriendly business environment, which they alleged, has led to the closure of their businesses.
NEWN to launch business directory to boost trade
Network of Enterprising Women of Nigeria (NEWN) has said that the unveiling of its community business directory will help boost trade among its members.
Naira depreciates to N360.93 in I&E
The naira, Wednesday, depreciated to N360.93 per dollar in the Investor and Exporter (I&E) window while the volume of dollars traded rose by 62 per cent.
Ikpeazu promises N1m grant for investment in ranches, animal husbandry
Gov. Okezie Ikpeazu of Abia has promised to give N1 million financial assistance to anyone that would invest in ranches and animal husbandry in any part of the state.
Foreign inflow: NSE All-Share Index crosses 39,000 mark
The Nigerian Stock Exchange (NSE) All-Share Index on Wednesday crossed 39,000 mark just after the 38,000 mark on Tuesday.
