President Muhammadu Buhari penultimate Monday approved the exit of Babatunde Fowler as the chairman of the Federal Inland Revenue Service. Mr Fowler’s tenure as FIRS chairman expired and the president could have appointed him for a second term in office, something Mr Fowler coveted.
A local company which intends to employ foreigners in Nigeria is required to assume immigration formalities as well as certain responsibilities for such employees. This entails obtaining several approvals and permits required by the Nigeria Immigration Service (“NIS”). This article briefly highlights these immigration requirements and provides a general guide to companies desirous of employing foreigners in Nigeria.
Dubai (United Arab Emirates), Oct. 7, 2019 (NAN) In line with global requirements of communications, Dr Isa Pantami, Minister of Communications, said Nigeria was ready to deploy 5G network across the country to ease network flow.
irst Bank of Nigeria has announced plans to promote sustainable agriculture value-chain as a substantial source of Nigeria’s economic development.
Lagos State Governor, Babajide Sanwo-Olu is seeking partnership with the Chinese Government and businesses in key sectors like infrastructure development, industry, energy, information, and communication technology, and transportation, in efforts to drive development in the State.
ABUNDANT RESOURCES. Nigeria has enormous resources, most of which are yet to be fully exploited. Tremendous investment opportunity exists in the solid minerals sector. Mineral resources include coal, tin, iron ore and others.
With the Finance Bill currently being debated at the National Assembly, Nigeria’s federal government hopes to rev up revenues by removing tax exemption granted for dividends or income received from companies charged under Petroleum Profits Tax Act.
rom 2022, Lagos State will earn about $7 billion annually from a new revenue stream: the Lekki Deep Seaport. At the recent signing of fresh investment in the construction of the seaport, Governor Babajide Sanwo-Olu said it has the potential to create 200,000 jobs and generate an estimated $350 billion in revenue for Lagos over the 45-year concession period.
Amid excitement at the news of imminent completion of the Dangote Fertilizer plant, management of the company has assured farmers cooperatives associations of the company’s readiness to do business with them.
The proliferation of brand identities is nothing new. Their use stems from the need to help existing and potential customers differentiate a particular organization’s brand from that of another. Wikipedia notes that, “Branding began as a way to tell one person’s cattle from another by means of a hot iron stamp…with origins in ancient times.” What then is new about corporate identities? What’s new is the sophistication that today’s brand managers have incorporate into their identities; and how many organizations are positioning their brands in order to remain relevant in today’s competitive marketplace.