The Nigerian Investment Promotion Commission (NIPC) on Thursday reported that foreign investment inflows into Nigeria grew to $23.30 billion in 2021, from $16.74 billion recorded in 2020, representing about 39 percent more than the value tracked in 2020. Official figures released by the Commission on the 2021 investments, showed that the increase in value of […]
The Federal Government has rejected the application of 10 companies seeking pioneer status under the Industrial Development Income Tax Act in Q1 2021. A report by the Nigeria Investment Promotion Commission (NIPC),which covered those entities that applied for the fiscal relief in the quarter under review, showed that applications of Flour Mills of Nigeria Plc, […]