Tag: Chinese firm

Reps adopt tax reforms, retains VAT at 7.5%
Economy

Chinese bank rejects FG’s loan request – Reps

      The House of Representatives on Tuesday revealed that China Development Bank, has rejected a loan request of $973,474,971.38 from Nigeria. According to The PUNCH, this came after the National Assembly of Nigeria approved spending an extra $22,798,446,773 on infrastructure despite a loan rejection from the China-Exim Bank. The chairman of the House […]

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Business featured

Kano shuts Chinese firm for violating sanitation law

The Kano State Committee on Sanitation shut down a Chinese metal recycling plant in Kano on Saturday for operating during the monthly environmental sanitation exercise. It also slammed N5 million fine on the company for the transgression. The committee’s mobile court presided over by Magistrate Auwal Sulaiman gave the order to shut the facility and […]