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Business & Investments11

Nigerian Vendors Automatically Charge N50 charge on POS Transactions without consent

Over a year ago, the Central Bank of Nigeria issued a mandate for vendors to remit a statutory charge of N50 on POS transactions. This charge was marked for tax and stamp duty provided the transaction exceeded N1,000.  Since the mandate, most vendors have silently programmed the tax onto their POS systems, automatically charging their customers.This is done because of the general belief ...Read more
2019-11-25
224 Views
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  • Business & Investment

Nigeria: Border closure helping Nigerian Farmers

The current closure of Nigerian borders has rejuvinated the agricultural business in the country. Rice is one of Nigeria's staple foods and according to the the Minister for State for Agriculture and Rural Development, Mustapha Shehuri, rice farmers are smiling all the way to the bank.  “They are smiling to the banks with the impressive sales they have recorded and this opport ...Read more
2019-11-04
222 Views
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The best powerful spiritual man in Ogun state Nigeria

+2348157092433Hello my MOTHERS,FATHER'S, BROTHERS and SISTERS at home there,I Welcome you to the powerful spiritualist home of CHIEF PRIEST APESINOLA OLOWOLAYEMO HOME OF SUCCESS,PROGRESS and SPIRITUAL GROWTHS..+2348157092433.. You can get rich without any HUMAN BEING BLOOD or PARTS RITUALS, That you can get rich without killing your mother, father, brother, sister, uncle ...Read more
2019-10-28
278 Views
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7.2 Percent VAT Increase: Good or Bad For Nigeria?

The increase of Value Added Tax (VAT) from 5 to 7.2% by the Federal Executive Council (FEC) on Thursday has been met with controversy. The president of the Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, stated the increase was long overdue, as Nigeria's VAT is still currently one of the lowest in the world, and the lowest in the ECOWAS subregion. In t ...Read more
2019-09-13
276 Views
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  • Business & Investment

How to Trade and Convert Bitcoin into the Ghana Cedi

Bitcoin x Ghana. Before we delve into the title, here is some light information on Bitcoin for the unfamiliar. Although paperless and striclty digital, Bitcoin is like any other currency. But unlike other currencies, it can be transmitted globally, instantly and at a lower rate. Bitcoin allows you to "be your own bank," meaning you have complete control over your funds; ...Read more
2019-09-10
300 Views
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  • Business & Investment

Top 10 fastest growing industries in Nigeria

Top 10 fastest growing industries in Nigeria    Here are a list of the fastest growing Industries and businesses that have the most opportunity in Nigeria:    Agriculture Agriculture has become one of the leading industries in Nigeria with many millionaires are being created every year. We have found that many Nigerians have moved back and invested heavily in ...Read more
2019-09-03
333 Views
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SEC Begins Close Monitoring, Supervision of Capital Market Operators

Abuja — The Securities and Exchange Commission (SEC) has begun a close monitoring and supervision of capital market operators in a bid to ensure that investors' interests are not violated, misused or mismanaged in any form. It has also enjoined investors to make use of the commission's Complaints Management Framework (CMF) in expressing their reservations, if any, in the capita ...Read more
2019-09-02
256 Views
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South Africa and Nigeria are hurting the rest of Africa

The two nations that account for almost half of sub-Saharan Africa’s gross domestic product are proving to be a damper on the region’s economic expansion. Nigeria and South Africa, which vie with each other to be the continent’s biggest economy, both release second-quarter growth data on Tuesday. While the figures will probably show South Africa dodged a recession and ...Read more
2019-09-02
332 Views
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