Business

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

Buhari suspends new excise duty, telecoms tariff hike

President Muhammadu Buhari has approved the immediate suspension of the proposed excise duty in the telecommunication sector and constituted a committ

Petrol scarcity looms in Abuja, others as marketers begin strike over N50bn debt

Nigerians are bracing up for another round of scarcity as petrol marketers started a three-day strike on Monday over an unpaid N50 billion transport b

More Nigerians poor as W/Bank raises poverty line to $2.15

The number of Nigerians classified as living below the poverty line could rise as the World Bank has raised the line to $2.15 (N936.32) from $1.90 (N8

Oronsaye’s report causes fresh panic in aviation

Stakeholders warn against merging NCAA with any agency Will the federal government merge agencies in the aviation sector with the Nigerian Civil Aviat

Customs e-valuation policy killing economy, fuelling smuggling – Adedoyin

President, Association of Motor Dealers of Nigeria (AMDON), Prince Ajibola Adedoyin, has described the e-valuation policy of the Nigeria Customs Servi