Samuel Nwite
AUTHOR: Samuel Nwite
NECA Decries Exits of Multinationals from Nigeria, Says Over 2,000 Jobs Lost
The Nigeria Employers’ Consultative Association (NECA) has expressed alarm over the consequences of recent divestments by multinationals in the country, citing the loss of...
Nigeria’s CAC Rescinds N100m Paid-up Capital Directive Following Backlash
The Corporate Affairs Commission (CAC) has rescinded its earlier directive mandating companies with foreign involvement in Nigeria to maintain a minimum paid-up capital of...
Dangote Refinery Gears Up for Production as First Crude Shipment Arrives
Nigeria's monumental $19 billion Dangote Refinery project is set to commence fuel production as the first crude shipment arrives at the facility, marking a...
Nigerian Banks Directed to Remove Non-Deposit-Taking Financial Institutions from Fund Transfer Channels
Banks in Nigeria have received a directive from the Nigeria Interbank Settlement System Plc (NIBSS) to eliminate non-deposit-taking financial institutions from their NIP (NIBSS...
N3tn Revenue Loss: Nigerian Senate Asks Federal Govt. to Stop Tax Waivers
The Nigerian Senate has urged the Federal Government to cease providing tax waivers and concessions to corporate organizations, expressing concerns over substantial revenue losses...