Business

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

Ardova clarifies position as Femi Otedola’s Zenon Oil wins $19.2m judgement over Forte Oil sale

Ardova Plc has refuted media reports claiming victory by Zenon Oil over Ardova Plc in the share purchase agreement (SPA) dispute over the sale of Fort

NNPC spent N788bn on salaries, forex, entertainment, others

The annual expenditure of the Nigerian National Petroleum Company Ltd rose to N788.7 billion in 2021 from the N648.6bn the previous year due to increa

JUST IN: FG directs telcos to reverse 10% increase in calls, data tariffs

The Federal Government has directed network service providers to reverse 10 per cent increase in calls and data tariffs.

Buhari signs Nigeria Startups Bill into law

President Muhammadu Buhari has signed Nigeria’s Startups Bill into law. The Minister of Communication and Digital Economy, Professor Isa Ali Pantami,

NLNG force majeure: Nigerians may pay more for cooking gas

The cover price of Liquefied Petroleum Gas (LPG) also known as cooking gas, may soon spike across various parts of the country as the Nigeria Liquefie