Economy

Nigeria to stop issuing fish importation quota to boost local production

The Federal Government says it will stop issuing fish importation quota to importers, saying the venture was no longer sustainable.…

At Niger economic summit Dangote commits $450m to rice processing mill

Aliko Dangote, president of Dangote Group, said the company would invest $450 million in a large scale rice processing mill…

Abuja-Kaduna rail line now generate N1m daily, minister says

The Abuja to Kaduna rail line now generates one million Naira daily, Rotimi Amaechi, Minister of Transportation disclosed Tuesday in…

Grant tax relief to industries operating in Nigeria, broker appeals to FG

Chief Angus Uzoamaka, an Abuja-based insurance broker, has urged the Federal Government to consider tax relief for industries operating in…

Nigeria Customs Service generates N308m from three states in July

The Nigeria Customs Service of Niger, Kogi and Kwara Area Command got about N308 million as Internally Generated Revenue (IGR)…

Nigeria authorities to impose tax on first-class, business-class tickets, others

Nigerian authorities are to start imposing tax on luxury goods and services, including air tickets, drinks, and jewelries. Kemi Adeosun,…