Business

Dangote Fertiliser commences production of urea

…Hits Market Monday To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced yesterday the formal commencement of production of urea in commercial quantity and the plan to hit the Nigerian market on Monday. In what…

AMCON AMPs may change recovery strategy

The Asset Management Partners (AMPs) scheme of the Asset Management Corporation of Nigeria (AMCON) may have resolved to change their recovery strategy by making use of AMCON’s special powers as contained in the AMCON Act 2019 as amended, which has…

FIRS launches New online, Naira Tax-Filing platform

As part of its efforts at modernizing tax administration in the country, the Federal Inland Revenue Service (FIRS), has introduced a new Tax Administration Solution (TaxPro-Max) for ease of tax compliance. A Public Notice signed by the Executive Chairman, FIRS,…

NIPC remits N5.6bn to CRF in 5 years

The Nigerian Investment Promotion Council (NIPC) has revealed that it remitted a total of N5.36 billion to the consolidated revenue fund (CRF) in five years. The figure represented 46 per cent of the total internally generated revenue (IGR) at N11.61…