Business

IMF backs CBN’s rate cut

  • 15th October 2026

Forex reserves provide buffer against global shocks –

  • 15th October 2026

Universal Music begins fresh layoffs under €250m cost-cutting

  • 15th October 2026

Egyptian billionaire’s firm bags $2.2bn Rabigh 2 power

  • 15th October 2026

Contact Info

Some Populer Post

NAFDAC seizes fake packaging worth over ₦200m in Aba

Scams

NBA president to probe ₦100m Imo gift to Owerri

News

FG begins 17.7MW Oyo mini-grids, rules out tariff hike

Electricity

Nigeria’s inflation eases to 14.63% in September, fourth straight

Economy

Blog

Paddy Cosgrave resigns as Web Summit CEO
News Tech

Paddy Cosgrave resigns as Web Summit CEO

Paddy Cosgrave has resigned as CEO of Web Summit, the 14-year-old conference company he cofounded that now hosts four other events worldwide in addition to one of Europe’s largest yearly tech gatherings. Cosgrave announced his resignation as CEO of Web Summit with immediate effect in a statement given to TechCrunch earlier on Saturday saying, “I […]

NERC makes N5.63bn in 2023 Q3
Electricity

NERC makes N5.63bn in 2023 Q3

The Nigerian Electricity Regulatory Commission reported a revenue of 5.63 billion and an expenditure of 2.46 billion in the second quarter of 2023. This was indicated by the Commission in its Q2 2023 Electricity on Demand report, which was made public earlier this week. In 2023/Q2, the Commission generated revenue of $5.63 billion, up $0.90 billion […]

Chinese political, finance commentators to use real names on Weibo
News Tech

Chinese political, finance commentators to use real names on Weibo

The CEO of China’s Weibo acknowledged on Friday that the country may start compelling online commentators on politics and finance to reveal their names on their profiles, effectively robbing them of their right to anonymity. Concerns over escalating internet censorship and increased government oversight of the nation’s internet led local media and a number of […]

MABISCO to sell biscuit plant, target other investment
Business

MABISCO to sell biscuit plant, target other investment

The Mayor Biscuits Company Limited, a significant indigenous biscuit manufacturer in Nigeria, has announced plans to sell the multimillion dollar biscuit plant and reinvest the revenues in a new business. According to The Punch, prior to ceasing operations in March of this year, MABISCO had inaugurated over 300 established distributors nationally, according to a statement […]

FG to generate N28.1bn from Ijora workshop concession - ICRC
Business

FG to generate N28.1bn from Ijora workshop concession – ICRC

The Central Workshop Ijora’s 20-year concession would bring in N28.1 billion, according to the Infrastructure Concession Regulatory Commission. The Punch reported that the workshop was utilized to maintain cars, sewage treatment systems, and water supply equipment during the colonial era, according to a statement released on Thursday by the head of media and publicity, Manji Yarling. […]

News Tech

X introduces new subscription plans for premium users

Elon Musk on Friday on X, previously Twitter announced the introduction of two new premium levels. One tier will be less expensive than the existing $8 per month plan, according to the platform’s owner, but adverts won’t be cut back. The other tier, which is more expensive, will have no advertisements. “Two new tiers of […]

How proper tax system can end borrowing - SGF, Don
Business

How proper tax system can end borrowing – SGF, Don

The Secretary to the Government of the Federation, George Akume, and a Don, Prof. Ezekiel Williams, have stated that a competent taxation system will put a stop to the Federal Government taking loans to fund projects. The Punch reported that they announced this on Thursday at the Transcorp Hilton Hotel in Abuja during the publication […]

Business

ABCON advocates BDC participation to achieve stable exchange rate

The President of the Association of Bureau De Change Operators of Nigeria, Dr. Aminu Gwadabe, asserts that full engagement of Bureaux De Change operators in the retail sector of the foreign currency market is necessary for Nigeria to achieve a stable, robust, and fertile exchange rate. He claimed in a statement that under the Central Bank […]

Uncategorized

No plan to raise company taxes – FIRS

The Federal Inland Revenue Service’s acting chairman, Zacch Adedeji, has allayed concerns from corporate organizations that the FIRS’s intention to raise the country’s tax-to-GDP ratio from 10.86% to 18% will result in tax increases. According to The Punch, Adedeji said in a statement that this decision would not necessarily result in tax increases or the […]

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