By Johannes Oluwatobi The Federal Inland Revenue Service (FIRS) has stated that there is need for improved collaboration among countries and international stakeholders with the aim of exploring alternative rules that will enable market jurisdictions, particularly African countries, to effectively subject digital businesses to tax. This was stated during a presentation by the Executive Chairman…
Mortein Insecticide from the stables of Reckitt Nigeria has embarked on a collaboration with Retail Supermarkets Nigeria (RSN) Limited, owners of Shoprite in Nigeria, to drive nationwide awareness on malaria prevention. This was announced during a press briefing held at the Shoprite head office in Lagos.With this partnership, Mortein and Shoprite aim to unite 206…
Trust Africa News, Ayomide Otitoju The Assets Management Corporation of Nigeria, (AMCON) is currently overwhelmed in debt and enormous operational difficulties putting it in dilemma over what to do with the current state of Arik Air Limited which it acquired five years ago. AMCON took over the airline in February 2017 and appointed Kamilu Omokhide…
Trust Africa News, By Ayomide Otitoju •‘Endorsement a vote of confidence in our Greater Lagos effort’ – Lagos Gov •Expose counterfeiters in your markets, Okonkwo charges traders An amalgamation of Igbo traders across 58 major markets in Lagos State, on Thursday, passed a vote of confidence on the leadership of Governor Babajide Sanwo-Olu, endorsing the…
Lagos, May 5, 2022: More excitement for customers as First City Monument Bank (FCMB) announced Season 8 of its widely famous and successful annual retail campaign, Millionaire Promo. The promo, which rewards and empowers new and existing customers of the Bank with exciting prizes, has gone fully digital. The FCMB Millionaire Promo Season 8, which…
The caption is highly speculative, preposterous and misleading of what was not discussed. The discussion focused on the challenges facing all airlines in industry, which is common and has been addressed on numerous occasions by the Association of Nigerian Airlines (AON). These include high cost of aviation fuel, high foreign exchange rate, high maintenance cost,…
… says Aero Contractors not going under…we are making efforts to come out of the woods The managing director of Aero Contractors, Captain Abdullahi Mahmood has said that the airline is not in any way going under but called on government to urgently address the numerous challenges facing the sector.In an interview , he said…
Ukraine has received an 88.5 million euro ($93.54m, £74.46m) grant from the World Bank, according to the Reuters news agency, citing the country’s finance ministry. In a statement, the ministry says the grants will be used for social, humanitarian and healthcare needs as well as to support people who’ve been internally displaced in the country….
Trust African News, By Ayomide Otitoju To harmonize means to produce a pleasing combination; the way it happens in music production. Different sounds and notes are blended to produce harmony; and that is when a musical piece is pleasing. For taxation to be pleasing, there is need to harmonise the tax system. The above analogy…
