Jumoke Oduwole
Tinubu’s FRC Levy Cap Welcomed by NECA as Business-Friendly Move
The Nigeria Employers’ Consultative Association (NECA) has lauded President Bola Ahmed Tinubu’s decision to cap the Financial Reporting Council (FRC) levy at N25 million for Public Interest Entities (PIEs), describing the move as a bold and strategic intervention to reduce the regulatory burden on businesses and stimulate private sector confidence. In a statement issued in […]
Tinubu Suspends Financial Reporting Levy for Private Companies
In a major policy shift aimed at easing the regulatory burden on businesses, President Bola Tinubu has approved the suspension of the implementation of the Financial Reporting Council (Amendment) Act 2023, which imposed new financial reporting dues on large private companies in Nigeria. The decision, formally announced on Sunday by Minister of Industry, Trade and […]
Nigeria Secures 99% Duty-Free Export Access to UK Markets
The United Kingdom has reaffirmed its commitment to providing 99% duty-free access for Nigerian goods under the Developing Countries Trading Scheme (DCTS). The announcement was made during a high-level meeting in Abuja between the British High Commissioner to Nigeria, Dr. Richard Montgomery, and Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole. The DCTS, […]
FG Launches Intra-African Air Cargo Corridor with 50% Discount
In a historic move to deepen regional trade integration and scale up Nigeria’s non-oil exports, the Federal Government has launched a strategic intra-African air cargo corridor with discounted logistics rates of up to 75 per cent. This initiative, unveiled on Africa Day at the Nnamdi Azikiwe International Airport, Abuja, is part of Nigeria’s broader commitment […]