News

Challenges of partnering with startups in emerging markets

Ihesiulo Grace 10 May 2021 0

BY GODWIN ANYEBE For large global companies, forging effective partnerships with high-potential startups has been proved not to be easy. The very traits that make such startups potentially complementary as partners also make it difficult for large companies to engage with them in the first

Business News

Lagos closes 16 companies over N126.19m tax evasion

Ihesiulo Grace 14 February 2020 0

The Lagos State Internal Revenue Service(LIRS) on Friday announced that it had closed 16 companies in the state over alleged failure to remit about N126.19m consumption tax. The organisation’s Director of Legal Services, Mr Seyi Alade, told the News Agency of Nigeria (NAN) in Lagos that the companies’ tax liabilities were from 2014 to 2016. […]

Featured Headlines News

Border closure: Importers urge foreign companies to establish in Nigeria

Ihesiulo Grace 4 November 2019 0

Some cross-border businessmen on Sunday said they were discussing with companies from Cote d’Ivoire to establish branches in Nigeria to retain their patronage. The businessmen, whose wares have been trapped in transit due to Nigeria’s land border closure since August, told the News Agency of Nigeria (NAN) in Lagos that they had incurred huge losses. […]

News Nigeria

Local content: Ex-president Jonathan hails Lee Engineering for investing $100m in fabrication plant

Ihesiulo Grace 4 May 2018 0

Former President Goodluck Jonathan has said the Local Content Act 2010 is the driving force in the increased participation of indigenous companies in the nation’s oil and gas sector. He lauded the efforts of indigenous companies who have taken advantage of the law to invest and participate and especially singled out Lee Engineering and Construction […]

Aviation

Ghanaian president calls for investment in aviation

Ihesiulo Grace 1 November 2017 0

The first aerospace show and Aviation exhibition with the aim to establish Ghana as the hub of aviation in Africa has ended in Accra. The platform was organized to create opportunities for aircraft fleet modernisation, aviation investment opportunities, aircraft financing and networking to ensure the continued growth of the air transport business. Over 100 exhibitors […]

Business Money

Companies deploy new corporate governance code

Ihesiulo Grace 6 December 2016 0

Following the controversy that initially trailed the newly introduced National Code of Corporate Governance (NCCG) by the Financial Reporting Council of Nigeria (FRC), Business Times findings revealed that companies and organizations have started complying with it. Corporate governance can be described as a way of running an organization which guarantees that its owners or

Business Capital Market

Companies delisted from NSE to deter regulatory breach – Ugorji

Ihesiulo Grace 6 December 2016 0

The Nigerian Stock Exchange (NSE) has been commended for its sustenance of strict corporate governance and ensuring strict compliance to market rules. Vice President, Strategy & Corporate Services, FMDQ, Ms. Kaodi Ugorji gave the kudos recently in Badagry Lagos during an event with focus on boosting indigenous participation in the Nigerian capital market. She said […]