NDDC-Logo-e1498049772809

QUICKTELLNEWS: NDDC, SMEDAN to establish enterprise innovation hub in N. Delta

The Niger Delta Development Commission (NDDC), has signed a Memorandum of Understanding (MoU), with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and a private sector organization for the establishment of Nigeria’s first and grandest enterprise innovation and growth hub, quicktellnews reports. The tripartite agreement, which kick-starts the investment hub project, was signed last week […]

Read More

QUICKTELLNEWS: US Commercial Dialogue with Nigeria will Deepen Investment

The United States Representative of Commerce and International Trade Administration, Mr. Seward Jones, has declared that the ongoing Commercial Investment Dialogue (CID) between Nigeria and his country will bolster investment and trade relations between both countries. Seward spoke in Abuja during a meeting between the Nigerian Investment Promotion Commission (NIPC), representatives of the US and […]

Read More

Will we learn from South Africa’s failed experiment in higher taxes?

Since there’s a big debate about whether there should be tax cuts and tax reform in the United States, let’s see what we can learn from abroad. And let’s focus specifically on whether changes in tax policy actually produce “revenue feedback” because of the Laffer Curve. In other words, if tax rates change, does that incentivize people to alter how much they […]

Read More

Nigeria: Bitcoins Not Legal Tender in Nigeria, NDIC Warns

The Nigeria Deposit Insurance Corporation (NDIC) has warned members of the banking public on the danger of digital currencies like Bitcoins, saying they are not legal tenders in Nigeria. Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim, gave this warning at the NDIC Special day at the Lagos International Trade Fair. Represented by the Director/Claims Resolution […]

Read More