94 m. ago Sahel Juntas Impose 0.5% Levy On Imports From Nigeria, Other ECOWAS Nations

Three Sahel countries ruled by military juntas – Mali, Burkina Faso, and Niger – have introduced a 0.5% levy on imported goods from the Economic Community of West African States (ECOWAS) member-nations, including Nigeria. The three countries, each ruled by military juntas that came to power through recent coups in 2023, had established the Alliance […]

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52 h. ago 20 African countries with stronger currencies than the Naira

The value of a country’s currency is a key indicator of its economic stability, inflation control, and fiscal management. While read more 20 African countries with stronger currencies than the Naira

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3 d. ago Ukrainian Military In Africa: A Hybrid Tool Of French Intelligence?

In recent months, the presence of Ukrainian operatives has been increasingly noted across several African countries—particularly in the Sahel region. While Kyiv official claims of “diplomatic mission” and a “struggle for influence,” these polished statements conceal a far more pragmatic and dangerous strategy: involvement in hybrid operations aimed at destabilizing sovereign states. And not of […]

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3 d. ago Afreximbank calls for infrastructure investment to drive Africa’s economic growth

The African Export-Import Bank (Afreximbank) has urged African countries to increase infrastructure investment in the manufacturing sector as a cornerstone read more Afreximbank calls for infrastructure investment to drive Africa’s economic growth

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4 d. ago Nigeria Customs waive import duty on pharmaceutical raw materials

The Nigeria Customs Service (NCS) has waived import duty and Value Added Tax (VAT) on critical raw materials essential for read more Nigeria Customs waive import duty on pharmaceutical raw materials

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4 d. ago Finally, Customs Implements Zero Tariff On Pharmaceutical Inputs

In a landmark policy shift designed to strengthen Nigeria’s healthcare system, the Nigeria Customs Service (NCS) has implemented a presidential executive order exempting critical pharmaceutical raw materials from import duties and Value Added Tax (VAT) for two years. The initiative, approved by President Bola Ahmed Tinubu and announced by the minister of finance and coordinating […]

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4 d. ago Pharmaceuticals now exempted from import duty, VAT – Customs

The Nigeria Customs Service has announced a two-year exemption from import duty and Value Added Tax for critical raw materials essential for the production of pharmaceuticals. The exemption, granted under a presidential executive order, was disclosed on Wednesday in a statement issued by the NCS National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada. Maiwada specified Read More

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4 d. ago Customs suspends import duty, VAT on pharmaceutical raw materials

Tribune Online Customs suspends import duty, VAT on pharmaceutical raw materials The Nigeria Customs Service (NCS) on Wednesday announced the exemption of critical raw materials used in the production of pharmaceutical products from import duty and Value Added Tax (VAT). Customs suspends import duty, VAT on pharmaceutical raw materials Tribune Online

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6 d. ago Nigeria accounts for 20% of Africa’s tuberculosis burden — NTBLCP

Tribune Online Nigeria accounts for 20% of Africa’s tuberculosis burden — NTBLCP Nigeria has been identified as one of the countries with the highest burden of tuberculosis (TB) in Africa, accounting for 20 per cent of the continent’s TB cases, according to the National Tuberculosis, Leprosy and Buruli Ulcer Control Programme. This revelation has raised concerns among health experts, who note that the country’s high population and […] Nigeria accounts for 20% of Africa’s tuberculosis burden — NTBLCP Tribune Online

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6 d. ago Stakeholders commend RMRDC for dedication to develop local raw materials

Tribune Online Stakeholders commend RMRDC for dedication to develop local raw materials He emphasised that the summit will serve as a platform for stakeholders to share knowledge, discuss industry trends, and explore innovative solutions to raw material challenges. Stakeholders commend RMRDC for dedication to develop local raw materials Tribune Online

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7 d. ago FG seeks $6.25bn annual investment to bridge housing deficit

The Federal Government has revealed that Nigeria requires an annual investment of $6.25bn to address the country’s housing deficit, estimated at over 28 million units. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this recently at the Renewed Hope Housing Public-Private Partnership Summit held in Abuja. Dangiwa emphasised that despite numerous housing policies Read More

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7 d. ago Tony Elumelu Foundation announces $15m grant for 3,000 young entrepreneurs in Africa

Tribune Online Tony Elumelu Foundation announces $15m grant for 3,000 young entrepreneurs in Africa The Tony Elumelu Foundation (TEF) has unveiled a $15 million grant to support 3,000 budding entrepreneurs across 52 African countries. Tony Elumelu Foundation announces $15m grant for 3,000 young entrepreneurs in Africa Tribune Online

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7 d. ago CITN pushes AI to curb revenue leakage in Nigeria’s tax system

From Isaac Anumihe, Abuja Following the loss of revenues and underreporting of taxes for the development of Nigeria, the Chartered Institute of Taxation of Nigeria (CITN) has introduced the use of artificial intelligence (AI) in tax administration. In his keynote address at a maiden ICT summit on taxation in Abuja, the pioneer Director General of […] The post CITN pushes AI to curb revenue leakage in Nigeria’s tax system appeared first on The Sun Nigeria.

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8 d. ago RMRDC: Experts From 72 Countries For Africa’s Raw Materials Summit In Abuja

The Director General of Raw Materials Research and Development Council (RMRDC), Professor Nnanyelugo Ike-Muonso, has suggested that for Africa to gain values from its rich natural resources, the continent must be deliberate in capitalizing on its exportations for maximum economic and industrial benefits. Ike-Muonso said harnessing the great potentials of the continent’s rich mineral and […]

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1 week ago British teenagers targeted by Nigerian sextortion gangs –UK agency

The United Kingdom’s National Crime Agency has sounded the alarm over the growing threat of sextortion gangs from Nigeria and other West African countries targeting British teenage boys. The agency expressed concern that British teenagers as young as 14 were being targeted and blackmailed on Snapchat and Instagram by Nigerian crime gangs, who disguise themselves Read More

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1 week ago Oyetola urges Africa to spearhead green shipping decarbonisation

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on African nations to take a leading role in the decarbonisation of the global shipping industry. Speaking at the African Strategic Summit on Shipping Decarbonisation held in Abuja, Oyetola urged stakeholders to move beyond discussions and implement concrete solutions that will ensure Africa’s maritime Read More

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2 w. ago SEE LIST: Trump Mulls Travel Ban Against 22 African Countries, Others

United States President Donald Trump is contemplating a travel ban targeting nearly half of African nations. A draft list of recommendations developed by diplomatic and security officials suggested a “red list” of 11 countries whose citizens would be flatly barred from entering the United States, including Afghanistan, Bhutan, Cuba, Iran, Libya, North Korea, Somalia, Sudan, […]

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2 w. ago US plans sweeping visa bans on 41 countries, 8 of them in Africa

The Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban. read more US plans sweeping visa bans on 41 countries, 8 of them in Africa

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2 w. ago Consumer firms’ rising raw material costs make case for local sourcing

Nigerian consumer goods firms are in dire need of a turnaround in sourcing raw materials as costs of items needed read more Consumer firms’ rising raw material costs make case for local sourcing

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2 w. ago How VivaJets taps partnerships, innovation to intensify business connectivity for Africa

Amidst economic pressure in many African countries, the continent is experiencing a significant boom in private aviation with a reported read more How VivaJets taps partnerships, innovation to intensify business connectivity for Africa

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