31.8 C
Lagos, South Africa and New York
Sunday, May 31, 2020

NECA Faults FIRS on Advance Payment of Taxes

The Nigeria Employers Consultative Assembly (NECA) has described the Federal Inland Revenue Service (FIRS) request for advance payment of taxes by companies as additional pressure on businesses. A statement issued yesterday by the Director General of NECA, Dr. Timothy Olawale, said the assembly was surprised...

Scarcity of PPEs in Nigeria sparks opportunity for local tailors to manufacture hand-making PPE to help fight coronavirus

As the world experiences a shortage of personal protective equipment (PPE) in the wake of the Covid-19 pandemic, tailors in Nigeria are responding by hand-making equipment like overalls and face masks. Rising demand, panic buying, hoarding, and misuse have disrupted the global supply of PPE,...

Bill & Melinda Gates Foundation Expands Commitment to Global COVID-19 Response

Calls for International Collaboration to Protect People Everywhere from the Virus Additional funding brings foundation commitment to more than $250 million to support development of diagnostics, therapeutics, and vaccines; help strengthen African and South Asian health systems; and help mitigate the social and economic impacts of...

Rosabon woo Nigerians With N6m Personal Loan At Low Interest

Rosabon Financial Services,has announced continuous availability of its personal loan packages, offering of up to N6 million at a low interest rate to eligible salary earners in light of the coronavirus crisis. Eligible individuals can get non-collateralised Personal loans up to N6 million, with a...

MainOne boosts fight against COVID-19, provides connectivity to Lagos Command Centers

MainOne, West Africa’s leading connectivity and data center solutions provider, has partnered with the Lagos State Government and National Center for Disease Control (NCDC) to help curtail the COVID-19 spread in the State. The company is enabling the COVID-19 Command Center and isolation facilities...

Atedo Peterside’s Anap Foundation Lists Critical Supplies Nigeria Needs To Fight COVID-19

The Anap Foundation COVID-19 Think Tank has identified seven items Nigeria urgently needs from the outside world to help it effectively combat the coronavirus pandemic. The Think Tank, which is comprised of 18 members drawn from all the six geopolitical zones of Nigeria and the...

COVID – 19: TGI Group Donates Food Items to Lagos Food Bank

Tropical General Investments Group has donated food items including rice, soya oil and seasoning cubes, as part of its efforts to support the Lagos state government in the fight against the COVID-19 pandemic. At the presentation, TGI Group provided 200 bags of 50kg Big Bull Rice produced...

LEKOIL restructures for efficiency

Following the current significant drop in oil prices from recent levels, the Board of LEKOIL Limited has approved the immediate and accelerated implementation of the Company’s general and administrative (“G&A”) cost reduction measures. These measures are targeting an annual reduction of US$8.0 million or at...

Atedo Peterside quits board of Nigerian Breweries Plc

Nigerian Breweries (NB) Plc has notified the Nigerian Stock Exchange (NSE) and the investing public of the resignation of Atedo Peterside from its board of directors. The Company Secretary, Uaboi Agbebaku, stated this in a notice on Wednesday on the NSE web site. “Nigerian Breweries hereby...

Stallion commits free supply of Rice and Fish to Government run hospitals dedicated to COVID-19 across Nigeria

Stallion Empowerment Initiative, the philanthropic arm of Stallion Group, has pledged its support to the local governments of all states across Nigeria by committing to provide locally produced rice and fish to all the government run hospitals dedicated to Covid-19 for next 3 months. Anant...