Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
The Registrar-General, Corporate Affairs Commission (CAC), Mr. Bello Mahmud, said on Tesday in Abuja that the cost of business registration in Nigeria was now cheaper and its process simplified to enable small entrepreneurs to register their businesses.
Muhmud announced this in a statement by Head, Public Affairs, CAC, Mr Godfrey Ike.
Muhmud disclosed this while addressing the Micro, Small and Medium Enterprise (MSME) Clinic.
He said that with the Company Registration Portal (CRP), any member of the public could now register businesses on-line at the comfort of their homes and offices.
“This has drastically reduced the registration cost hitherto charged by professional middlemen (Lawyers, Accountants and Chartered Secretaries), in the registration process.
“Entrepreneurs who had already registered their businesses have the obligation to file Annual Returns with the Commission as and when due.
” Failure to file Annual Returns will result to striking-off of such defaulting entities on ground of dormancy.
” The MSME Clinic is an initiative of the Office of the Vice President, which is aimed at holistically addressing all the operational challenges and bottlenecks of MSME in Nigeria,” Muhmud said.
According to him, the commission is one of the critical government agencies that has been participating in the on-going nationwide MSME Clinic that commenced in Aba in January.
He added that the MSME Clinic was expected to be held in all states of the federation.
“So far, the Clinic has been held in 13 states of the federation,” he said.
According to him, other relevant agencies like FIRS, SON, Bank Of Industry (BOI), NAFDAC, SMEDAN participated in the clinic.
Muhmud announced this in a statement by Head, Public Affairs, CAC, Mr Godfrey Ike.
Muhmud disclosed this while addressing the Micro, Small and Medium Enterprise (MSME) Clinic.
He said that with the Company Registration Portal (CRP), any member of the public could now register businesses on-line at the comfort of their homes and offices.
“This has drastically reduced the registration cost hitherto charged by professional middlemen (Lawyers, Accountants and Chartered Secretaries), in the registration process.
“Entrepreneurs who had already registered their businesses have the obligation to file Annual Returns with the Commission as and when due.
” Failure to file Annual Returns will result to striking-off of such defaulting entities on ground of dormancy.
” The MSME Clinic is an initiative of the Office of the Vice President, which is aimed at holistically addressing all the operational challenges and bottlenecks of MSME in Nigeria,” Muhmud said.
According to him, the commission is one of the critical government agencies that has been participating in the on-going nationwide MSME Clinic that commenced in Aba in January.
He added that the MSME Clinic was expected to be held in all states of the federation.
“So far, the Clinic has been held in 13 states of the federation,” he said.
According to him, other relevant agencies like FIRS, SON, Bank Of Industry (BOI), NAFDAC, SMEDAN participated in the clinic.
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