Red Star Express Plc, one of Nigeria’s foremost logistics solutions providers, has launched an online platform which enables customers to make custom duty payments for imported items.
Redstar Express Invests for Future
Despite the challenging operating environment and the negative impact of COVID-19, Redstar Express Plc has increased its investment in new assets indicating foresight and confidence in the economy
TOP 10 NIGERIAN NEWS HEADLINES TODAY: 21ST APRIL 2021
FIRS directs companies within free trade zones to file income tax returns
The Federal Inland Revenue Service (“FIRS”)has issued a public notice to all approved enterprises operating within Nigeria’s Export Processing and Oil & Gas Free Zones to file income tax returns for 2021 and subsequent years of assessment; and compute income tax and pay the tax due.
TOP 10 NIGERIAN NEWS HEADLINES TODAY: 19TH APRIL 2021
Cryptocurrency: 1m investors liquidated, altcoins crash by 20%
A significant number of investors in the crypto market have had their accounts liquidated amid the sudden drop seen in a number of altcoin assets. According to a report by nairametrics, about 1,018,638 investors had their account worth about $10 billion liquidated. The largest single liquidation order happened on Binance-BTC valued at $68.73 million. The Central Bank of Nigeria (CBN) had earlier this year directed deposit money banks (DMBs) to desist from engaging in crypto transactions. Even analysts have warned that despite the inherent gains in the crypto market it continues to pose significant risk to investors’ funds.
TOP 10 NIGERIAN NEWS HEADLINES TODAY: 14TH APRIL 2021
Local Equities Market Dips Further By 0.3 Per Cent As NGX Launches New Brand
Negative sentiments persist in the local bourse, on Tuesday, as the Nigerian Exchange Group (NGX) launches its new corporate brand identity and website. The launch of the new identity followed the demutualisation of The Nigerian Stock Exchange (NSE) and the resulting creation of the non-operating holding company NGX Group Plc and its subsidiaries: Nigerian Exchange (NGX) Limited, the operating exchange; NGX Regulation (NGX RegCo) Limited, the independent regulatory arm of the Exchange; and NGX Real Estate (NGX RelCo) Limited, the real estate company.
TOP 10 NIGERIAN NEWS HEADLINES TODAY: 12TH APRIL 2021
SEC Holds First CMC Meeting In 2021
Securities and Exchange Commission (SEC) has announced that the first Capital Market Committee (CMC) meeting in 2021 will hold from Thursday, April 15 to Friday, April 16, 2021. A statement from the commission on Sunday explained that the virtual meeting with key stakeholders will hold on April 15, while the usual interface with the press, on the outcome of the CMC meeting, will take place on Friday
TOP NIGERIAN HEADLINE NEWS
LCCI Inaugurates E-Commerce For Private Enterprises
The Lagos Chamber of Commerce and Industry (LCCI) has announced the launch of its e-commerce sectoral group to support the development of private enterprises in various sectors of the economy. Disclosing this during the virtual e-commerce inaugural event, held over the weekend, the Chamber’s President, Mrs Toki Mabogunje, stated that, besides exposing investors’ products to a larger market base, the group would also boost investors’ confidence in the Chamber’s advocacy activities, aimed at developing private enterprises.
TOP NIGERIAN HEADLINE NEWS TODAY
Minister pledges issuance of passport within 24-hours
Interior Minister, Rauf Aregbesola, has assured Nigerians of obtaining their international passports within 24-hour following the commissioning of the newly built Maitama Passport Express Centre (MPEC). The centre, located in Abuja, was established in partnership with the private sector. Aregbesola said it marked the beginning of the decentralisation of the issuance of passport and hinted that more of such centres would be built across the country to speed up issuance of the document.
TOP NEWS HEADLINES-WEDNESDAY 31ST MARCH, 2021
Transactions on the floor of Nigerian Stock Exchange (NSE) yesterday returned to volatility, declining by N119 billion, despite juice earnings declared by some quoted companies.
Emirates SkyCargo champions zero tolerance on illegal wildlife trade
On the occasion of World Wildlife Day, the Emirates Group has reaffirmed its long-standing commitment to protecting wildlife and habitats. Emirates SkyCargo has also stepped up as a global leader in the fight against illegal wildlife trafficking and exploitation