Business

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

Oil prices rise as OPEC moves to increase output

Oil prices rose Thursday even as major crude producers agreed to boost output by more than the usual amount following an EU ban on Russian imports. Eu

Dangote Cement, SON insist on quality, standard

Block moulders and artisans nationwide have been enjoined to adhere strictly to quality and shun acts that could compromise the standard of their prod

FIRS to deduct govts’ unpaid VAT, WHT from FAAC account

The Federal Inland Revenue Service (FIRS) has said it would begin deducting unremitted Valued Added Tax (VAT) and Withholding Tax (WHT) by states and

Ukraine conflict: IsDB to support Nigeria, others

The Islamic Development Bank (IsDB) has promised to continue to support Nigeria and other member states to tackle rising oil and food prices occasione

Nigeria recorded N2tr e-commerce trade in 2020

Nigeria recorded a $5 billion (N2.075 trillion) transaction on the e-commerce platform in 2020, said the Executive Director/Chief Executive Officer, N