Business News

NRS issues virtual assets taxation guidelines

By Abubakar Yunusa The Nigeria Revenue Service has issued comprehensive guidelines on the taxation of virtual assets, providing a regulatory framework for the taxation of...

Nigeria’s global LNG market share has declined to 5%, warns of further drop – Falade

By Abubakar Yunus Adeleye Falade, chief executive officer (CEO) of Nigeria LNG Limited (NLNG), says the country’s position in the global liquefied natural gas (LNG)...

ECOWAS targets price-fixing to boost West African economic integration

By ABUBAKAR YUNUS The Economic Community of West African States Regional Competition Authority(ERCA )has intensified efforts to tackle price-fixing, market cartels and other anti-competitive...

Otedola eyes 51% First HoldCo stake, reveals N600bn investment

By ABUBAKAR YUNUS Femi Otedola, chairman of First HoldCo Plc, has hinted at increasing his 26 percent holding in First HoldCo to 51 percent...

Poor maintenance culture undermining Nigeria’s development, says Okonjo-Iweala

The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has said Nigeria’s poor maintenance culture is diminishing the value of the country’s infrastructure...

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