Peugeot To Roll Out ‘Made in Nigeria’ Cars By June
07/03/2014Peugeot Automobile Nigeria (PAN) has concluded plans to restart operations in the country with 3,000 cars set to be rolled out in June. In a chat with local business news.
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Transcorp Leads Nigeria Power Transformation Push
04/03/2014For decades, the power sector has been a drawback in Nigeria’s quest for sustainable economic progress and a major impeder of SME growth in the country. Despite substantial capital regularly.
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Business & Economy
Africa’s Hospitality Industry To Create 136,000 Jobs In 2014
01/03/2014No fewer than 136,000 new jobs will be created by the hospitality (hotel) sector in Africa this year, a new research by consultancy W Hospitality Group, which specialises in the.
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Business & Economy
Kenya To Invest $74million In Uganda Oil Refinery
23/02/2014Kenya has concluded plans to invest in Uganda’s proposed oil refinery project which is expected to gulp $2.5 billion, after host country offered regional nations an invitation to acquire a.
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Business & Economy
KIA Motors and Dana Motors Signs Deal To Build Vehicle Assembly Plant In Nigeria
21/02/2014Kia Motors, a South Korea auto-giant, has signed an agreement with Dana Motors Limited to set up a vehicle assembly plant in Nigeria within the next 2 years. The agreement,.
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Business & Economy
Global Investors Turn Focus To Kenya Ahead Of $2bn Eurobond Sale
19/02/2014Global investors are showing an increased interest in Kenya, with the expected issuing of Sh172 billion ($2 billion) Eurobond attracting interest from leading global investment firms. Already, a minimum of.
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Business & Economy
Nigeria Introduces New Tax Regime For Businesses
19/02/2014In a bid to boost the country’s revenue generation, Federal Inland Revenue Service (FIRS), has introduced a new tax regime that will ensure appropriate taxation of multinationals and business enterprise.
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Business & Economy
Kenya Expects 20% Rise From New Tax System
19/02/2014Kenya Revenue Authority (KRA) has implemented a new tax management system which will curb tax evasion and see revenue grow by 20 percent. Dubbed the Excisable Goods Management System is.
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Rolls Royce Extends Business Into Nigerian Market
14/02/2014British luxury automaker Rolls Royce Motor Cars will extend its business into Nigeria by partnering with local auto dealer Coscharis Motors and opening an ultra-modern showroom and workshop for its.
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Business & Economy
Nigerian Women Entrepreneurs To Get 60% Of SME Fund – CBN
14/02/2014In line with women empowerment and entrepreneurship, the Central Bank of Nigeria (CBN) has earmarked 60 percent (N132 billion) of its N220 billion Micro, Small and Medium Enterprises Development Fund.
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