Abuja Chamber of Commerce and Industry (ACCI) has welcomed the plan by the Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello to harmonise tax policies within the territory in order end multiple taxations on by businesses in the territory. The President of ACCI, Alhaji Abubakar, in a statement yesterday, commended the minister for acknowledging the challenges faced by businesses within the territory due to series of levies, charges and taxes from Federal, FCTA and Area Councils. “Multiple taxations within the FCT and the larger national economy has imposed crippling consequences on businesses. “The fallout has been many failed businesses, the rising level of inflation, the non-thriving of existing ones and the lack of capacity to engage many unemployed youths. “We want ...
Japan on Sunday reported that four people who had arrived in Tokyo from Brazil were found to be infected with a new variant of the coronavirus. The four passengers, who landed at Tokyo’s Haneda Airport on January 2 from the state of Amazonas, Brazil, tested positive after spending time in the airport in quarantine, Japan’s Health Ministry announced. Takaji Wakita, head of the National Institute of Infectious Diseases, said the variant was different from those already spreading in Britain and South Africa, Kyodo News reported. The institute reported that there was no evidence at present that the new strain was more contagious. Of the four, a man in his 40s had been hospitalized after his breathing difficulties worsened, a woman in her 30s complained of a sore throat and headaches, and a mal...
Jordan on Sunday confirmed two cases of a particularly infectious coronavirus variant in a man and his wife who had arrived from Britain. Health Minister Nazir Obeidat said the Jordanian couple travelled to the kingdom on December 19 and were found to be infected with the new strain of the virus after being tested and isolated. The couple were still in quarantine and being monitored by medical experts according to virus protocols, Obeidat said, adding they were both in “excellent health” condition. The new strain of the virus emerged earlier this month in Britain and has already reached several European countries, as well as Japan and Canada. The new strain, which experts fear is more contagious, prompted more than 50 countries to impose travel restrictions on Britain. Jordan was among the...
Japan will halt all new non-resident foreign arrivals coming from overseas from Monday until late January, Tokyo said Saturday, as the country reported its first cases of a new strain of the coronavirus. Japan currently restricts entry for foreigners from most countries over fears of the virus, requiring all visitors to undergo mandatory quarantine upon arrival. Tokyo now plans to strengthen those requirements: Japanese travellers and foreign residents from countries where the new coronavirus strain has been reported must take tests within 72 hours ahead of their departure for the country and again upon arrival at Japanese airports. It will also strengthen quarantine requirements on all travellers returning to Japan. Citing the Japanese government, the Jiji Press and Kyodo agencies said th...
Arianna O’Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from less than $1,000 to nearly $20,000. O’Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally – but said she does not regret that. Investing $2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. “Honestly, I’ve had more luck in Vegas than I’ve had with cryptocurrencies,” O’Dell said in an interview. She is part of a relatively new class of retail investors who joined the cryptocurrency market years ago, helping pro...
Sen. Rochas Okorocha, Chairman, Senate Committee on Culture and Tourism, has expressed greater hope that Nigeria will definitely lead the world with the vast culture and tourism potential. Okorocha said this at opening ceremony of the 33rd National Festival of Arts and Culture (NAFEST) held at Rwang Pam Township Stadium, Jos, Plateau on Monday. The theme of the event was “COVID-19 and Cultural Dynamism”. The lawmaker advised Nigerians generally to keep hope alive as the COVID-19 pandemic and the ENDSARS protests which had caused lots of havoc to the nation would be forgotten issues with time. He said Nigeria was only going through a phase that would lead to greatness as some other countries had experienced in the past. He noted that the two incidences had aggravated the nation’s problems o...
U.S. warns Pacific islands about Chinese bid for undersea cable project
The United States has warned Pacific island nations about security threats posed by a Chinese company’s cut-price bid to build an undersea internet cable, two sources told Reuters, part of an international development project in the region. Huawei Marine, which was recently divested from Huawei Technologies Co Ltd and is now majority-owned by another Chinese firm, submitted bids along with French-headquartered Alcatel Submarine Networks (ASN), part of Finland’s Nokia, and Japan’s NEC, for the $72.6 million project backed by the World Bank and Asian Development Bank (ADB), the sources with direct knowledge of the project details said. The project is designed to improve communications to the island nations of Nauru, Federated States of Micronesia (FSM) and Kiribati. Washington sent a diploma...