Tag: Nigeria Business Now

Telcos renew push for tariff hike, others

Telcos renew push for tariff hike, others Mobile network operators (MNOs) have renewed the push to hike the end-user tariff of telecom services in the country, citing high cost of doing business. They urged President Bola Tinubu to cancel the recently suspended 7.5 per cent Value Added Tax (VAT) imposed[Read More…]

NUPRC introduces advanced cargo declaration to curb oil thieft

NUPRC introduces advanced cargo declaration to curb oil thieft   The Nigerian Upstream Regulatory Commission (NUPRC) has introduced an Advanced Cargo Declaration regime in upstream petroleum operations to curb the incessant oil thieft. The commission also announced plans to reactivate shut-in wells as part of initiatives to increase oil and[Read More…]

Heirs Insurance Group unveils digital centre

Heirs Insurance Group unveils digital centre   Heirs Insurance Group has announced the launch of Nigeria’s first-ever digital insurance centre – the Heirs Insurance Experience Centre. Based in Transcorp Hilton, Abuja, the centre provides one-stop shop for the group’s products and services. The centre features an interactive screen, enabling users[Read More…]

SON urged to check sub-standard steel

SON urged to check sub-standard steel   The House of Representatives has urged the Standards Organisation of Nigeria (SON) to check the proliferation of sub-standard steel production. It called on SON to commence massive enforcement of its mandate to prosecute anyone dealing in sub-standard steel products to face the law[Read More…]

Air Peace clarifies international operations’ status

Air Peace clarifies international operations’ status Air Peace at the weekend offered clarifications on the status of its international flights, saying it has enlisted in the global airlines’ clearing house: the International Air Transport Association (IATA), with the requisite equipment and personnel to discharge such international service. The carrier stated[Read More…]

USAID organises roadshow to introduce American investors to opportunities in Nigeria

USAID organises roadshow to introduce American investors to opportunities in Nigeria   The United States Government, in partnership with the U.S. Agency for International Development (USAID) Mission in Nigeria and the U.S. Prosper Africa and Power Africa initiatives, is organizing a roadshow scheduled from October 9 to 13 to introduce[Read More…]