Business

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

Gas flaring: FG seeks 50% tax increase on erring firms

The federal government has proposed a 50 per cent tax increase on oil companies involved in gas flaring.  This is contained in the Finance Bill 2022 t

Ghana’s Databank staff to work remotely for fear of attack by clients

Ghana’s leading investment bank, Databank Financial Services Limited, in which the Minister of Finance has an interest, has directed its staff to work

Why NIIA critical to harnessing Nigeria’s blue economy – Jamoh

The Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, Dr Bashir Jamoh, has said the Nigerian Institute of Internation

Wema Bank supports SMEs with N1bn loans for renewable energy

To underscore its support for energy transition in Nigeria and help businesses overcome the challenges posed by the rising costs of petrol and diesel

NCAA extends validity of Airline Operators Certificate to five years

The Nigeria Civil Aviation Authority (NCAA) has concluded plans to extend the validity of air operator’s certificate (AOC) from two years to five year