Business

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

How SMEs can leverage new tax reform for growth – Experts

Small and medium-sized businesses stand to gain significantly from Nigeria’s new tax reform, which exempts enterprises with an annual turnover of ₦100

Smartphones prices to increase by 20% in Nigeria

Global technology markets are entering a new phase of strain as surging memory chip prices intensify the ongoing semiconductor shortage. In Nigeria, t

Enterprise NGR eyes 3% insurance contribution to GDP

Enterprises NGR has emphasised the need for the rise in the insurance penetration rate in Nigeria, advocating an increase of three per cent insurance

After 45 years in oil & gas industry, Oyebanji bows out as 11PLC MD

After an illustrious 45-year career in the oil and gas industry, the Managing Director/Chief Executive Officer of 11 Plc, Mr. Adetunji Oyebanji, is se

Power plants shut as generation drops to 3,940.53mw

The Nigerian Independent System Operator (NISO) has stated that the continued decline in electricity generation on the national grid arising from pers