Thursday, November 7

Interviews

Buhari Ramps up Nigeria’s Debt Burden
Interviews

Buhari Ramps up Nigeria’s Debt Burden

*  To Borrow from World Bank, Japan, China The Nigerian government has unveiled a new plan to ramp up its debt profile in order to lift Africa’s most populous country out of its worst recession. (more…)
Mining: Fayemi woos foreign investors
Interviews

Mining: Fayemi woos foreign investors

…with three years tax holiday, others The Minister of Mines and Steel Development, Dr Kayode Fayemi, on Wednesday offered prospective investors in the Nigerian mining sector three years tax holidays, as part of Federal government’s incentives to serious investors.   The tax holiday, according to the Minister, would commence from the date the investor commences mining operations in the country. Speaking at the opening session of the on going Africa Down Under Conference in Perth, Australia, Dr Fayemi said the country was determined to return stronger to the global ore and mineral market and would drive the growth and development of the sector through the private sector. The minister listed other incentives approved by the Federal Government for investors in the mineral and mining sector to ...