Business

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

Agama assumes office as acting SEC DG

The newly appointed Director General of the Security and Exchange Commission (SEC), Dr Emomotimi Agama, has assumed office in an acting capacity pendi

Dangote targets 700,000MT in sugar backward integration

Dangote Sugar Refinery Plc (DSR) is targeting 700,000 metric tons of refined sugar from locally grown sugarcane in the next four years, through its Ba

We contributed N415bn in taxes in 5 years – BATN

It said its export operations, launched in 2006, stand as another significant contribution.

MTN posts N392.6bn loss induced by high interest rate, naira crisis

Nigeria’s biggest telecoms provider, MTN, has posted a net negative position of -N392.6 billion after tax between January and March, indicating 462.2

Nigeria’s VAT collection efficiency lowest in Africa — Abbas

The Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, Ph.D, has decried that Nigeria’s efficiency in collecting Value Added Tax (VAT) “