Business

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

N30bn duty: Why aviation agencies shun customs’ directive to ground 90 private jets

One month after the directive from the Nigeria Customs Service (NCS), aviation agencies have failed to ground over 90 private jets that are in default

Inefficient risk management strategy affecting companies – Capitis

The Executive Chairman, Capitis Thrift & Credit company, Mr Peter Adejoh, has said that lack of efficient risk management strategy…

5G: NCC holds mock auction of 3.5 GHz spectrum

The Nigerian Communications Commission (NCC) has successfully carried out a mock session for the 3.5 gigahertz (GHz) spectrum auction..

From Jan 1, Nigerians will pay 7.5% VAT on Facebook ads

Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022, Facebook has revealed.

FG evaluates contractors for 7,000MW Siemens power deal

The Minister of Power, Engr. Abubakar D. Aliyu has said the government is currently evaluating the selected contractors that would deliver on the Siem