Business

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

Heads to roll as FG probes importation of adulterated petrol

The federal government will launch an investigation to unravel the circumstances behind the circulation of adulterated petrol with methanol quantities

Otedola appoints ally to FBN Holdings Board

The single-largest shareholder of the FBN Holdings Plc with some 7.6 per cent stake, Femi Otedola, may have appointed a loyalist, Julius B. Omodayo-Ow

Africa needs N201tr to tackle COVID-19 impact – Adesina

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has said Africa requires $484 billion (about N201.7 trillion) to tackle the

Reps push for foreign betting coys to pay tax

The House of Representatives is considering a legislation to compel foreign betting companies in Nigeria to pay tax. The house stated that the betting

IBEDC, Oyo gov’t in row over power bills, tax

Oyo State Government on Wednesday shut down offices of the Ibadan Electricity Distribution Company (IBEDC) in Ibadan over alleged refusal of the compa