Category: Business
Nigeria Unveils Oil Sector Tax Relief to Boost Investment and Slash Costs
Nigeria is rolling out fresh tax incentives for the oil industry, rewarding companies that meet strict cost-savings targets with up to 20% off their annual tax bills, plus a share of extra revenue. The move, effective April 2025, builds on previous reforms and aims to make the country's oil sector globally competitive.
First Trust Global Portfolios Makes Significant Distributions Announcement for December 2024
First Trust Global Portfolios is set to disburse distributions for select sub-funds within the First Trust Global Funds plc. This decision, based on the record date of December 6, 2024, will affect numerous funds like the First Trust Global Equity Income UCITS ETF. Shareholders should verify specific rates and seek advice from financial professionals for detailed impacts.
Dangote Refinery Controversy: Unpacking Sulfur Content Dispute, Monopoly Accusations, and Government Probe
The Nigerian government and Africa's richest person, Aliko Dangote, clash over the sulfur content in diesel from his refinery. Nigeria's regulatory authority accuses Dangote of producing diesel with excessive sulfur levels, while Dangote refutes these claims. The dispute includes monopoly fears, leading to a governmental investigation to uncover the truth.
Revamping Recruitment: Mastering Talent Acquisition in the Digital Era
As digital transformation reshapes the work landscape, businesses are evolving their hiring strategies to attract adaptable, skilled employees. Talent Acquisition 2.0 focuses on flexibility, relevant skills, and cultural fit, moving past traditional criteria to meet the demands of technological advancements.