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Nigeria’s new excise duties not targeted at local manufacturers, says finance ministry

Nigeria’s ministry of finance said the new excise duty rates recently approved by the government on alcoholic beverages and tobacco…

By businessamlive
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British American Tobacco faces Africa fraud probe

Britain's Serious Fraud Office has opened a formal investigation into possible historic misconduct by British American Tobacco (BAT) in Africa,…

Reynolds’ chief exec to stay on after BAT takeover

US tobacco giant Reynolds American has said its chief executive will remain at the company after its planned $49.4bn merger…

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