Federal Inland Revenue Service (FIRS) Generates N312B From VAT, As Income Rises By 7.9%.

The Federal Inland Revenue Service (FIRS) generated N311.94 billion revenue for government through the collection of Value Added Tax (VAT), between April and June, data from the National Bureau of Statistics (NBS) has shown. The figure, according to the NBS, represents a 7.9 per cent quarter-on-quarter increase from the N269.79 billion generated in Q2 of […]

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Femi Otedola reveals he’s Set To Strike ‘Biggest Deal Ever’ (See here)

Billionaire business mogul and foremost industrialist, Femi Otedola, has announced that he is set to strike the biggest deal of his life. The billionaire made this known in an Instagram post on Thursday. The respected business mogul recently announced the sales of his stake in Forte Oil to pursue ”Power business.” He wrote: Set to […]

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Rap legend and entrepreneur, Jay-Z joins cannabis company as ‘Chief Brand Strategist’

Billionaire rapper, entrepreneur and philanthropist Shawn “Jay-Z” Carter will serve as the chief brand strategist for Caliva, a California company.  “Anything I do, I want to do correctly and at the highest level. With all the potential in the cannabis industry, Caliva’s expertise and ethos makes them the best partner for this endeavor” Jay-Z said in a statement on […]

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Firm begins exportation of all kinds of frozen food from Oyo to other parts of the world, following CBN’s N2billion loan.

About two years after Heritage Bank and the Central Bank of Nigeria (CBN) disbursed a N2 billion loan processing facility to Triton fish/chicken in Oyo state, the firm has now begun exporting all kinds of frozen foods to Europe and African countries.  This act by Heritage Bank stemmed out as part of efforts to invest […]

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