Business

All the recent business news in Nigeria, economy and industry updates.

Dangote refinery denies fixing petrol price for N600/litre

Dangote refinery yesterday denied fixing the price of its Premium Motor Spirit (PMS), aka petrol, for N600 per litre. The Group Chief Branding and Com

Manufacturing sector burdened with over 190 multiple taxes – MAN

The Manufacturing Association of Nigerian (MAN) has stated that the manufacturing is burdened by over 190 multiple taxes, stifling operations of its m

Crude supply shortage to Dangote refinery could jeopardise economic recovery – EIU

The Economist Intelligence Unit (EIU), the world leader in global business intelligence & market insights, on Wednesday, warned that further delay

Veritas Kapital Assurance pays N1.3bn claims in H1 2024

Veritas Kapital Assurance Plc, one of the leading insurance companies in Nigeria, has said it has paid N1.3 billion in claims for the period ended Jun

Without reforms, mining sector will continue bleeding — Experts

Experts have called for an urgent comprehensive reform in the mining sector, as the sector’s contribution to Nigeria’s Gross Domestic Product (GDP) re