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Billionaires Dangote, Rabiu feud publicly over financial impropriety in Nigeria

Nigerian billionaire Aliko Dangote has blamed fellow tycoon Abdul Samad Rabiu for attempting to instigate a probe into alleged money laundering at companies, Dangote...
Business

How Dangote tried to ruin our cement, sugar businesses – BUA

One of Nigerian richest men and chairman of BUA Group, Abdul Samad Rabiu, has accused Africa’s richest man and chairman of Dangote Group, Aliko...
Business

Christmas: Nigerians may pay N60,000 or more for bag of rice by December – Reports

Reports has emerged that as Christmas approaches, Nigerians are facing the prospect of paying N60,000 or more for a 50kg bag of rice. This...
Business

MTN rejects tribunal judgement on $47.8m VAT award o FIRS

MTN Nigeria Communication Plc has rejected the judgment of the Tax Appeal Tribunal which upheld the principal payment of Value Added Tax liability of...
Business

Your decision will collapse the economy – MAN warns FG over CBN dollar policy on 43 items

The Manufacturers Association of Nigeria (MAN) has warned the Federal government against its decision to lift the ban on foreign exchange restrictions on 43...
Business

Olufemi Soneye appoints as NNPC Ltd spokesperson

The Nigerian National Petroleum Company Limited (NNPC Ltd) has appointed Mr Olufemi Soneye as its Chief Corporate Communications Officer. The NNPC Ltd management said in...
Business

Nigeria to begin exporting petroleum products — Kyari

The group chief executive officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, has made projection that Nigeria will start...
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