Russia said Thursday it was closing its border with China to prevent the spread of the new coronavirus. Prime Minister Mikhail Mishustin told a government meeting that the order had been signed "to take measures to close the border (with China) in the Far East," Russian news agencies reported. The corona-virus epidemic has killed 132 …
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The Federal Competition and Consumer Protection Commission has shut down Chinese-owned Panda Supermarket in the Jabi area of Abuja as part of measures to prevent the spread of Coronavirus. The FCCPC said in a series of tweets that it had confiscated some frozen food items illegally imported from China. The pictures of some of the …
Continue reading FG of Nigeria have shuts down Chinese supermarket in Abuja..
Apple's supply chain could be seriously disrupted by the outbreak of the corona-virus in China, sources told Nikkei Asian Review. The virus has hit just as Apple was reportedly preparing to start manufacturing a new smaller, cheaper iPhone model.Most of Apple's supply chain is in China and the company's biggest manufacturing plant is in Henan …
Continue reading China’s corona-virus have disrupt Apple’s production plans for the iPhone..
UNILEVER Nigeria Plc suffered a major contraction in the immediate past business year as a steep decline in sales left the fast moving consumer goods company with a pre-tax loss of N8.3 billion. Key extracts of the financial statement of the company for the year ended December 31, 2019 showed that turnover dropped by 35 …
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Nigeria Ranked Best African Nation For Doing Business Nigeria now ranks as the number one country currently to do business in Africa. It is ranked above Egypt and South Africa who are 2nd and 3rd respectively while Ghana and Rwanda made it to top 10 at 9th and 10th respectively. According to the Five Thousand Miles, a …
Continue reading Nigeria Remains Africa’s Giant In The Business World (See Rank)..
The Federal Government will from Saturday (February 1) begin the implementation of 7.5 per cent Value Added Tax espoused by the finance law. The law, according to the government, will take effect after all the necessary administrative procedures must have been completed, especially the gazetting of the Act by the Federal Ministry of Justice. The …
Nigeria Maritime Administration and Safety Agency (NIMASA)‘s director-general, Dakuku Peterside, has said plans are in place to disallow foreign-owned vessels from trading on Nigerian waters. Dakuku said in an interview( 22 January,2020), while stating that current sabotage waivers will soon be phased out within the next five years. “We have rolled out a five-year cabotage waiver …
Continue reading NMASA Reveals Plans To Ban Foreign Ships From Trading On Nigeria Waters
President Muhammadu Buhari says the partial closure of Nigeria’s borders was not meant to punish her neighbours as widely speculated in some quarters. President Buhari made the clarification while speaking at a meeting with a selected group of the Nigerian Community in the United Kingdom (UK) on Saturday, January 20. The President said the closure of the Nigerian …
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The Federal Government of Nigeria has been secured commercial deals of over ₦153.4billion worth from the maiden edition of the UK-Africa Investment Summit which was held in London. President Muhammadu Buhari, who led a delegation from Nigeria, held meetings with Prime Minister Boris Johnson and His Royal Highness the Prince of Wales. In a statement on the outcome of …
Continue reading UK Signed Commercial Deals with Nigeria Worth over N153.4bn.
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