The Federal Government is reportedly set to proceed with its implementation of a five per cent excise duty tax on mobile telephone services, fixed telephone, and Internet services.
This is despite a recent communication by the Minister of Communications and Digital Economy, Isa Pantami, that the government has exempted the telecoms sector from excise duty tax.
In September last year, the Federal…
Developers in the real estate sector have accused the government of prioritising revenue generation over the implementation of policies.
The Chief Executive Officer of Darryl Homes Nigeria Limited, Omotayo Odumade, said the government had turned the real estate industry into…
Serial investor and billionaire, Femi Otedola has exited his stake in Transcorp Plc, Nairametrics can confirm.
Otedola had acquired a 6% stake in Transcorp over a series of carefully orchestrated purchases going almost unnoticed until the acquisition was announced.
Fast-moving consumer goods manufacturer, Unilever Nigeria PLC, has announced the appointment of a new Managing Director, Tim Kleinebenne.
This followed the resignation of Carl Raymond Cruz, with effect from May 4, 2023.
The appointment of Kleinebenne was announced on Tuesday in a corporate notice signed by its Company Secretary, Afolasade Olowe.
Kleinebenne graduated with a Business Economics…
Moyosoreoluwa Dada, a final year of the University of Lagos, has been crowned the overall winner of the ‘EY Young Tax Professional of the Year 2023’ competition.
A statement said she led nine other finalists to come tops in a fiercely contested competition, at the just…
Women are less likely than men to use mobile money services, GSMA has stated.
According to the global body of telecommunication firms, the reason for this includes not owning a mobile phone, not being aware of mobile money, not perceiving the relevance of mobile money, and…
Beerkathon, a tech initiative aimed at encouraging inclusion in the tech industry produced three winners at an awards ceremony organised by BeerTech Africa, the tech arm of International Breweries Plc, a member of AB InBev, a global beer maker.
A statement said the event took place in Lagos at a gathering of tech enthusiasts and other stakeholders in the Nigerian innovation and technology…
The Nigerian Institution of Structural Engineers has recommended a forensic investigation into the building collapse that occurred at Close 102, 1st Avenue, Banana Island, Lagos.
A report titled “Preliminary Report of the Building Collapse at Close 102, 1st Avenue…
A telecommunications company, 9mobile, on Tuesday, said it has invested N70 billion in its ongoing network modernisation.
The Chief Executive Officer of 9mobile, Juergen Peschel, in a statement, during its annual Channel Partners Conference held recently in Lagos said…
Sports brand, adidas, has opened a flagship store in Lagos State, Nigeria; its largest and first-of-its-kind store in West Africa.
In a statement issued by the sports brand, adidas revealed that Lagos Flagship is the fourth adidas store to open in partnership with BrandCo in Nigeria. It stated that the flagship store would provide an immersive and community-driven shopping experience for exclusive…