Tag: nigeria

Nigeria’s Solid Minerals

The vastness of Nigeria’s minerals resources cannot and should not be over emphasised. We began to explore and exploit her natural mineral resources in 1902 and in its prime, the solid minerals sector was one of the largest producers of tin and coal, as well as a producer of a considerable 1.4 tons of gold […]

NIGERIA: IMPORT DUTIES & LEVIES, REDUCES MINIMUM TAX

STATE HOUSE PRESS RELEASE | OFFICE OF THE VICE PRESIDENT *FG PRESENTS 2020 FINANCE BILL TO NEC:* *PROPOSED LEGISLATION SLASHES IMPORT DUTIES & LEVIES, REDUCES MINIMUM TAX, EXEMPTS SMALL BUSINESSES FROM TETFUND, OTHERS.* *Raises compensation exemption threshold, qualifies software acquisition for capital allowance Following Wednesday’s approval by the Federal Executive Council (FEC), the 2020 Finance […]

African brands

Despite optimism for Africa’s economic recovery and with GDP growth projected at 4% in 2019 by the African Development Bank, the number of African brands in our ranking have declined by 18% in Brand Africa 100’s 2019 ranking of the top 100 Most Admired Brands in Africa. Brand Africa 100 is a valuation and ranking […]

NIGERIA: monetary policy

The Gross Domestic Product (GDP) in Nigeria was worth 448.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Nigeria represents 0.37 percent of the world economy.   The Central Bank of Nigeria unexpectedly slashed its monetary policy rate by 100 bps […]

Understanding the business opportunities in the Nigerian maritime industry

1. What are the primary laws applicable to the maritime industry in Nigeria? The primary laws applicable to the maritime industry in Nigeria are: The Merchant Shipping Act 2007; the Coastal and Inland shipping (Cabotage) Act 2003; the National Inland Waterways Act, N47 Laws of the Federation of Nigeria (LFN) 2004; the Nigerian Maritime Administration […]

PADOAN – metal tanks

We are an italian company specialist in metal tanks for industrial vehicles and machineries. All of the operative and strategic areas are based on the Italian headquarter on the north-east of Italy. With an experience of more than 80 years, today we can count on a Group of 4 companies: Padoan Srl, the Italian HQ; […]

ASTRA – IVECO 8×8

The Astra 8×8 is the largest and most heavy duty off-road vehicle available in the Iveco product line-up.  It’s unashamedly purpose-built to be totally functional and practical while filling the most demanding off-road applications.  Featuring huge ground clearance, a full-time 8×8 system with lockable diffs on all axles and a choice of two powerful horsepower options, the Astra is a true workhorse and […]

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