FG cuts interest on late tax payments
…New rate takes effect October 1…Applies to FG, states, FCT tax authorities By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has reduced the interest rate payable by taxpayers for late settlement of their tax liabilities, with the new regime taking effect from October 1, 2026. Under the new arrangement, interest on tax […]
$5.5bn foreign loan: FG to settle debts with $3bn —Adeosun
Minister of Finance, Mrs. Kemi Adeosun, said, yesterday, that the Federal Government would apply US$3 billion in refinancing the legacy debts of the immediate past government.
MSMEs development: SMEDAN moves to execute one local government one product programme
THE Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has commenced moves aimed at actualising the One-Local Government-One Product (OLOP) programme as provided for in the 2017 appropriation Act.
SMEDAN, SAGE to train 5400 school children on entrepreneurship
THE Small and Medium Enterprises Development Agency (SMEDAN) in collaboration with US- based Students for Advancement of Global Entrepreneurship (SAGE) is set to train a total number of 5400 school children from 108 schools across Nigeria under the National School Entrepreneurship Programme (N-SEP).
Access Bank, German firms move to boost N637bn bilateral trade
Access Bank in collaboration with German Investment Corporation (DEG), and Delegation of German Industry and Commerce in Nigeria (AHK Nigeria), yesterday, unveiled the first German Desk in Nigeria, aimed at increasing the 2.9 billion euros bilateral trade between Nigeria and Germany.
AfDB leads fight against Fall Armyworm
WHEN it arrived Nigeria sometime in 2016 probably from western hemisphere, not many expected it to spread to over 40 countries in Africa in a year. That is the story of Fall armyworm that is marching across Africa, decimating crop lands and causing substantial financial losses, yet its soldiers are only 1.5 inches tall. There is fear that if nothing concrete is done that these ‘’soldiers’’ could have the equivalent of a nuclear effect with regard to agriculture on the continent.
