Nigerian companies – InfoStride News

Shell to Award 90% of Contracts to Nigerian Companies — MD

Temitope Nlewemchi — Fri, 08 Aug 2025 08:31:14 +0000

Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced plans to allocate 90% of its contracts to Nigerian companies, in a move aimed at deepening local content participation in the nation’s oil and gas industry. The commitment was disclosed by SPDC Managing Director and Country Chair of Shell Companies in Nigeria, Osagie Okunbor, during [...]

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767 manufacturing companies shut down in Nigeria, N350 billion goods unsold in 2023

Temitope Nlewemchi — Sun, 28 Apr 2024 20:27:06 +0000

The Manufacturing Association of Nigeria (MAN) has reported a concerning trend within the industry, revealing that about 767 manufacturing companies shut down operations while 335 experienced distress in 2023. This development is attributed to various economic difficulties, including exchange rate volatility, rising inflation, and a general worsening of the investment climate. These adversities have taken [...]

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Voluntary Assets and Income Declaration Scheme will help Nigerian Companies to regularise Their Tax Affairs

Ade Adewale — Fri, 14 Jul 2017 14:16:13 +0000

Voluntary Assets and Income Declaration Scheme (VAIDS) is a golden opportunity for Nigerian companies to regularise their tax affairs. It gives taxpayers an opportunity to voluntarily declare all previously undisclosed assets and income, and thereby regularise their affairs. LAGOS, Nigeria, July 14, 2017 – Nigerian companies and entrepreneurs that don’t have their tax affairs in order [...]

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