Business

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

Dangote refinery to commence petrol refining November

The Dangote Refinery is set to start diesel and jet fuel refining operations by October 2023 and petrol refining by November 2023, as the state-owned

Investment in telcom hits $77bn from $38bn in 2023 – NCC

The Executive Vice Chairman and Chief Executive Officer (VC/CEO) of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, has reveale

Air Peace expands int’l route with Jeddah flights

Air Peace has concluded plans to commence direct flights from Lagos and Kano to Jeddah in Saudi Arabia on October 31, 2023. The airline disclosed this

FIRS targets 18% tax to GDP ratio by 2026

The Federal Inland Revenue Service (FIRS) has said that it will raise Nigeria’s tax to Gross Domestic Product (GDP) ratio from the current 10.86 per c

CISLAC raises alarm over Nigeria’s 75% debt surge to N87trn under Tinubu

The Civil Society Legislative Advocacy Centre (CISLAC) has raised alarm over the nonchalance displayed by the President Bola Tinubu administration tow