Executive Chairman of the Nigeria Revenue Service (NRS) formerly Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji has explained reasons why food, education, shared transportation, and agriculture were exempted from the value-added tax and the reasons for the name change. He also described
Sequel to the intervention of the Naira for Crude Technical Committee Chairman, Dr Adedeji, Dangote Refinery announced on Saturday that the use of naira for petrol purchases is now allowed. Recall that in a memo on Friday, the refinery company had disclosed plans
Governor Ademola Adeleke has expanded his administration’s business empowerment scheme by making start-up grants available to 2,000 new beneficiaries including women and the young people. The governor, who also flaunted his administration’s records in cooperative financing for small businesses during the presentation ceremony
Chief Femi Otedola, a popular businessman, who is one of the few Nigerians with deep pockets, has disclosed that commercial banks in the country did all they could to curry favour with him when his business empire was flourishing. The financial institutions in
The Nigerian Capital Development Fund (NCDF Group), a leading development finance and impact investment institution on Thursday announced the appointment of Mr. Nicholas John Connell as its new Group Managing Director & Chief Compliance Officer. A British national, who was born in South Africa, Mr. Connell
President Bola Tinubu signed the tax reform bills into law in Abuja on Thursday. Team@orientactualmahs.com learned that Senate President, Barrister Godswill Akpabio, Speaker Tajudeen Abass, Chairman of the Nigeria Governors’ Forum, Mallam Abdulrahman Abdulrazaq, Chairman of the Progressives Governors’ Forum, Mr Hope Uzodinma,
Nigerian exporters have lamented their non-inclusion and deprivation of opportunities to attend local and international expos especially the Small Medium Enterprises SMEs while calling on the federal government and the Ministry of Industry Trade and Investment to immediately launch a probe into the
Governor Ademola Adeleke was right in making assertions that Osun State is the origin of Adire as there are historical facts and abundant evidence to support this, his spokesperson, Mallam Olawale Rasheed, has submitted. In a statement issued in Osogbo on Friday, and
A group, the Osun Itesiwaju Alliance (OIA), has submitted that the decision of Justice Friday .N Ogazi of the Federal High Court, Ikoyi, Lagos, to order the final forfeiture of about N6.67 billion worth of a mortgage bank’s shares and other funds that were described
The Nigerian Capital Development Fund (NCDF) in collaboration with the National Board for Technology Incubation and the London School of Social Enterprise and Sustainable Economics has officially announced opening of Applications for the Fortune Entrepreneur Accelerator, Summit and Venture Capital Programme. This transformative
