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

Nigeria’s finance ministry said in a statement Sunday that President Muhammadu Buhari has approved an increase in excise duties

Britain’s Serious Fraud Office has opened a formal investigation into possible historic misconduct by British American Tobacco

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