The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part of a new bill to…

Chevron Nigeria Limited (CNL) has announced the discovery of a new oil field in Nigeria. The “new gold mine” estimated to hold 17,000 barrels of…

Niger’s military authorities have banned rice, cereal and other food exports to all countries except fellow Alliance of Sahel States (ASS) members to protect local…

United States government has asked a US District Court, Northern District of Georgia to approve the forfeiture of approximately $14 million in assets from Allen…

Inner Galaxy Steel Company Limited, a Chinese firm, plans to invest $300 million in establishing a new steel plant in Ogun State to produce specialized…

Rich Nigerians making N100 million or more per month will pay a 25% personal income tax rate if a new tax law is approved by…

Leaders of Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterpart are currently meeting with the Federal Government. It was gathered…

Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year.…

Nigeria’s inflation rate rose to 32.7 percent in September, reversing a two-month consecutive decline to 32.15% in August. The reversal was driven by a surge…

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has unveiled new regulations to simplify the process of obtaining petrol import licences and…