Business

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

Contact Info

Some Populer Post

Trump signs new executive order banning birth tourism

Travel

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

Business

Dangote Refinery remains Europe’s top jet fuel supplier

Aviation

Air Canada to begin direct Lagos flights from 2027

Aviation

Blog

Amazon restructures Wondery Podcast Studio, cuts 110 jobs
News Tech

Amazon updates Alexa with generative AI features

Amazon on Wednesday, announced a number of updated and new products as well as generative artificial intelligence for its Alexa voice assistant. In place of the nearly ten-year artificial tone, Alexa will now chat more casually and provide answers to queries like when football games start and what ingredients to use. Alexa was introduced by […]

United Capital endorses CBN's stakeholder partnership
Banking

CBN postpones September 2023 MPC meeting

The Central Bank of Nigeria has announced the unexpected postponement of its much-awaited 293rd Monetary Policy Committee meeting, which was initially planned for Monday and Tuesday, September 25 and 26, 2023. According to Nairametrics, the Director of Corporate Communications at the CBN, Dr. Isa AbdulMumin, announced the decision to postpone this crucial meeting in a press statement on September […]

OpenAI mulls $500bn valuation in employee share sale talks
News Tech

OpenAI launches new version of AI model Dalle-E 3

OpenAI on Wednesday launched the most recent version of the text-to-image tool, Dall-E 3, which employs its AI chatbot ChatGPT to help fill in prompts. According to the business, ChatGPT Plus and Enterprise users will get access to Dall-E 3 through the API in October. In chats with ChatGPT, users can enter in a request […]

United Capital endorses CBN's stakeholder partnership
Banking

CBN introduces new online MFB licensing platform

The Central Bank of Nigeria has launched a new online portal for the submission of license applications for microfinance banks. According to The Times, an official press release states that the new CBN Licensing, Approval and Other Requests Portal would take the place of the manual method now used by prospective MFB license applicants to physically submit […]

Naira drops to all-time low on official window, trades at 1348/$
Business

Naira drops to 980/dollar as FX worsens

The naira maintained its downward trend after trading at 980/$ on the parallel market on Wednesday. The Punch reported that the naira’s rate of exchange with the dollar a week ago was 950/$. Bureau de Change employees blamed the decline on a lack of foreign money. A BDC employee, Idris Musa, stated, “We bought and sold the naira today […]

NEITI to release old data, says global body
Oil and Gas

How FG earned N4.3trn from oil in 2021 – Report

The Nigerian Extractive Industries Transparency Initiative estimates that the Federal Government received N4.3 trillion from the oil and gas industry in 2021. The Punch reported that this information was found in the “Oil and Gas Industry Report for 2021” by NEITI. This accounts for around 40% of overall revenue now, down from 51% in 2020, […]

Fidson announces N4.19bn profit, distributes 55kobo dividend
Business

Fidson announces N4.19bn profit, distributes 55kobo dividend

Fidson Healthcare Plc, an indigenous manufacturer of pharmaceuticals, declared a profit of N4.19 billion at the end of the fiscal year 2022, up from N3.72 billion at the same time in 2021. The Punch reported that the company also revealed it had a turnover of N40.63 billion for the year ending December 2022, reflecting a 31.7% […]

NG Clearing names Farooq Oreagba MD 
Appointments

NG Clearing names Farooq Oreagba MD 

The leading central counterparty in West Africa, NG Clearing, has named Farooq Oreagba as its new Managing Director and Chief Executive Officer, pending the Securities and Exchange Commission’s clearance. The Punch reported that the Board of Directors of NG Clearing unanimously appointed Oreagba to the position in honour of his exceptional achievements and skills in the […]

FG to partner with female bankers on economic growth
Banking

FG to partner with female bankers on economic growth

The Federal Government and the Association of Professional Women Bankers are working together to create a robust and thriving economy based on sustainable policies. The Punch reported that in her speech at the association’s annual general meeting, APWB Chairwoman, Funke Ladimeji disclosed this information. According to Ladimeji, “APWB and her members are vital actors in the […]

Wema Bank launches Hackaholics digital summit
Banking

Wema Bank launches Hackaholics digital summit

Wema Bank has announced the establishment of the Hackaholics Digital Summit, which will bring together Africa’s digital innovators, disruptors, regulators, policymakers, investors, and customers. The Punch reported that the summit will act as a hub for exchanging knowledge, ideas, and best practices in the tech sector in order to positively transform technology and innovation not only […]

Farmers to increase revenue using agro-commodity trading app
Business

Ogun promises to support SheFarmers campaign

As part of efforts to support female farmers, the Ogun State Chapter of the SheFarmers Initiative has been created. According to The Punch, one of the government representatives present at the event was the Permanent Secretary of the Ogun State Ministry of Agriculture, Mr. Samuel Adeogun. He praised the initiative and pledged to connect the […]

EKEDC chair demands increased investment in electricity sector
featured

EKEDC obtains ISO 27001 accreditation

The Eko Electricity Distribution Company has received the well-respected ISO 27001:2013 accreditation in information security management systems. The Punch reported that the utility company said in a statement that the ISO 27001 certification was the international benchmark for information security management systems, which ensured organizations kept information assets secure by constructing infrastructure to protect them […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in