The Next Big Thing: Cryptocurrency or Renewable Energy?
Cryptocurrency is creating a wave across the world. If you had invested a thousand dollars in bitcoin in 2011, it would have appreciated 15.6 million dollars in April 2021. It would be an unbelievable feat in the world of business. Before the rise of cryptocurrencies, the world has been awaiting a transition from petroleum energy…
NAFDAC introduces Automated Product Administration and Monitoring System
NAFDAC introduces Automated Product Administration and Monitoring System (NAPAMS), an online portal for the registration of food, drugs, cosmetics, medical devices, chemicals, and packaged water in Nigeria The National Agency for Food and Drug Administration and Control (NAFDAC) has finally joined the league of government parastatal adopting technology to make services seamless for Nigerians. NAFDAC…
Federal Inland Revenue Service Tax Review In Response To COVID -19
The Federal Inland Revenue Service (FIRS) has introduced tax relief measures to address the impact of the coronavirus (COVID-19) pandemic on taxpayers: Extension of the due date for filing of value-added tax (VAT) and withholding tax returns from the 21st day of the month to the last business day of the month, following the month…
Central Bank of Nigeria palliative support for MSMES during COVID-19 pandemic
CBN provides palliative measures to assist MSMEs cushion the effect of COVID-19. It reduces the CBN loan rate from 9% to 5% The Central Bank of Nigeria has set out a number of measures to tackle the impact of the coronavirus, including establishing a fund to support the country’s economy (of 50 billion naira; i.e….
How To Access COVID-19 CBN Loan of 50 Billion For SMEs and Household
The COVID 19 CBN Loan is for households and SMEs who can prove that they are adversely affected by the COVID19. It will help you develop a smooth operations line to meet the huge demand for made in Nigeria products that will soon emerge in the coming weeks . We will be glad to handle…
The TIN Matter: Implication of The Financial Bill On Your Bank Account
It is all over the internet that by 2020 existing bank accounts will be on hold while a new account opening process will require a Tax Identification Number (TIN). The National Assembly amended sections 33, 49 and 58 of the Personal Income Tax. This will affect the deduction of pension and personal relief allowance. In…