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Category: Economy


FG denies tax relief concessions to firms 

* Flutterwave, Flour Mill, 8 others affected * Grants Pioneer Status Incentives to 6 companies, 132 applications pending The Federal Government through the Nigerian Investment Promotion Commission (NIPC) has released the report on Pioneer Status Incentives (PSI) Application for the first quarter (Q1) of 2021….


New currency for West Africa 

An indication that Nigeria and other West African states may turn to the use of a new currency in 2020 is gradually emerging. This is part of ongoing efforts by ECOWAS nations to forge closer ties, promote regional integration and trade. Should the proposed plan…


Community shuts down SPDC flow station 

A section of Omudioga Community in Emohua Local Government Area, led by its Community Development Committee Chairman, Barrister Chikweri Ogbugo, have shut down Ahia Flow Station operated by Shell Petroleum Development Company (SPDC) due to the company’s failure to provide electricity to the people. The…

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