Senate raises VAT to 7.5 %

by Ikokwu Ikembaon November 21, 2019
The Senate on Thursday passed the Finance Bill which seeks to amend seven Acts of the National Assembly relating to taxes payable in the country. The bill specifically seeks an increment of the value-added tax from five per cent to 7.5 per cent. It also seeks an increment in the Companies Income tax, Customs and […]

Adhering to Security protocol and Innovations will boost the hospitality industry

by Ikokwu Ikembaon November 20, 2019
The ministry of tourism and culture, Imo state government in collaboration with the hoteliers association of Nigeria, Imo state branch organized a one day seminar on security and innovation in the hospitality industry. The event which held at the famous Concorde Hotel, Owerri was graced by various participants spanning from all local government of the […]

World Biggest Hotel having 10,000 rooms, 70 restaurants, 4 helipads to open in 2020

by Ikokwu Ikembaon November 19, 2019
There are many large hotels around the world but Saudi Arabia will soon have the largest. It is set to open in Mecca next year and will have at least 2,000 more rooms than the biggest hotel in the world today. The hotel, called Abraj Kudai, is currently under construction and is expected to open […]