Nigeria’s new Finance Bill would ensure the protection of small businesses with an annual income of less than N25 million from Company Income Tax. Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, said that the new Finance Bill, when signed into law, would have only companies with an annual income of over N100 million pay 30% …
Nigeria exempts Small businesses from Company Income Tax. Read More »
“China is investing in AI and deploying AI on a scale no other country is doing,” says Abishur Prakash, a futurist and author of books about the effect of artificial intelligence (AI) on geopolitics. As developments in AI accelerate, some in the US fear that the ability of China’s powerful central government to marshal data …
Artificial Intelligence: Is China gaining an edge?. Read More »
In a bid to foster infrastructural development in the state, the Lagos state government has announced the launch of its third series N500 billion bond issuance programme, which it seeks to raise N100 billion. The offer to raise N100 billion opened on Tuesday 31st of December 2019 and will close on Monday, January 13, 2020. The funds raised is …
Infastructural development: Lagos to raise N100bn. Read More »
The gains of the land border closure are more than the disadvantages that have risen since the initiative was implemented president, Rice Millers Association of Nigeria and the Managing Director of Elephant Group, Tunji Owoeye, declared in defence of the directive. The gains are worth the pains: Owoeye said these gains are not only being experienced in rice and other commodities sectors, it spreads across. “From our understanding, the …
Rice millers say border closure an opportunity in disguise. Read More »
Kwik Delivery and Winpart have announced a partnership to ensure smooth, on-demand and flexible last-mile delivery of light auto spare-parts to customers in Nigeria. “The goal of Winpart, a division of CFAO Motors with a spread in several other African countries, is to make available to motorists, quality auto-parts from the Original Equipment (OEMs) Manufacturers …