A basic priority of companies around the world has always been to ensure that their customers are happy, satisfied with the products/services rendered to them. This is very important because it is the only when customers are happy that businesses can succeed. Unfortunately, keeping customers satisfied can often be a very difficult task to accomplish. […]
The latest reaction to the decision of the Nigerian Senate to levy a 9% communication service tax on Electronic Communication Services came from Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS). Fowler said there was no harm in introducing the tax.
Due to the pressure placed on Deposit Money Banks by the Central Bank of Nigeria (CBN) to meet the 60% Loan-to-Deposit Ratio (LDR) deadline of September 2019, banks’ deposits with apex bank via the Standing Deposit Facility (SDF) dropped by 68%.
President Muhammadu Buhari has announced that the 2020 budget will be based on the newly proposed 7.5% Value Added Tax (VAT). The disclosure was made by the President while presenting the 2020 budget to the National assembly on Tuesday.
Online payments company, Paypal has announced that it is no longer in partnership with Facebook’s Libra. This announcement makes Paypal the first company to officially back out of the cryptocurrency’s association.
The Nigerian power sector as of Friday, October 5, 2019, recorded an estimated N2.2 billion loss. As disclosed in a daily energy report by the Advisory Power Team office of Vice President Yemi Osinbajo, the loss recorded was as a result of insufficient gas supply, distribution, and transmission infrastructure.