Business

Nigeria remains under US visa bond programme, travellers

  • 2nd August 2026

US urges Americans to leave Middle-East as Iran

  • 2nd August 2026

AfCFTA chief urges Africa to prioritise value addition

  • 2nd August 2026

EU to hold emergency border talks as 50,000

  • 1st August 2026

Contact Info

Some Populer Post

Shettima arrives Asaba for Delta investment summit

Conferences

Guinea opts out of ECOWAS single currency plan

News

I went from dollar millionaire to labourer in England

Entertainment featured

W’Africa needs $100bn annually to meet developmental goals —

Economy

Blog

UN, Lagos urge private sector to drive change in Africa
News

UN to help Africa with credit rating data

The United Nations Development Programme claims that in order to reduce borrowing costs in Africa, it will concentrate on increasing the openness of the credit rating systems. According to The News Agency of Nigeria, this was said in a webinar by  Chief Economist, UNDP, Africa Bureau, Dr. Raymond Gilpin, in his remarks made on Friday at […]

Banks dollar sale drops as naira falls to N1,479
Economy

Confusion as official FX rate, black market widens

Nigeria’s official currency rate, which has been edging closer to N100/$ as of last Friday, is now significantly different from those on the black market. The BDC and P2P pricing remained unchanged at N870/$ while the I & E FX window closed at N777.82/$. The disparity between the official and black market exchange rates for […]

Agribusiness

Food production: Farmers urge FG to prioritize security, mechanization

Nigerian farmers have called on the Federal Government to provide security and affordable farm inputs like seeds, insecticides, herbicides, and fertilisers to boost food production.   The President of the All Farmers Association of Nigeria, Kabir Ibrahim, told journalists in Abuja on Friday that farmers needed some mechanisation, according to the News Agency of Nigeria. […]

Again, FrieslandCampina Wamco drags down NASD OTC market
Business

Again, FrieslandCampina Wamco drags down NASD OTC market

FrieslandCampina Wamco Nigeria Plc was the catalyst once more on Friday, moving the NASD Over-the-Counter Securities Exchange into the bearish territory by 0.94 percent and keeping the market there for an additional trading day. In comparison to the previous trading day’s value of N76.00 per unit, the company’s stock price decreased by N5.19 during the trading […]

The British government has entered a strategic partnership with OpenAI, the American firm behind ChatGPT, to enhance collaboration on artificial intelligence
News Tech

OpenAI launches ChatGPT app for Android

OpenAI announced that Android users would soon be able to download the ChatGPT app when it was made available for the iPhone in May. The business has now revealed that users would start receiving ChatGPT for Android sometime next week. Additionally, people can pre-register to receive it as soon as it becomes available through its […]

CBN extends old naira's validity indefinitely
Economy

Naira falls at official, black markets, increases at parallel market

In the Investors and Exporters and parallel market windows of the foreign exchange market on Friday, the Nigerian Naira fell against the US Dollar while strengthening in the peer-to-peer market as the country struggles with a lack of foreign exchange supply for the currency market. Due to the liquidity difficulty, it is challenging for FX traders to satisfy […]

FAAC funds to FG, states hit 7-year high in 2023
Economy

FG’s revenue rose N321bn after exchange rate unification – FAAC

A recent communiqué from the Federation Account Allocation Committee has revealed that the unification of the country’s currency rate has greatly raised earnings from exchange differences. The Punch reported that the communiqué stated that the N320.89 billion in Exchange Difference earnings earned in June 2023 would be distributed in July 2023. This was significantly more than the N0.64 […]

Tinubu signs seven bilateral agreements with Qatar
Business

CITN urges Tinubu to slow down on strict economic measures

The Chartered Institute of Taxation of Nigeria encouraged President Bola Tinubu on Friday to slow down the adoption of radical economic measures in order to prevent disrupting the Nigerian economy. CITN President, Samuel Agbeluyi delivered the advice to journalists during the 3rd Joint Council Retreat of CITN and the Association of National Accountants of Nigeria in Abuja. […]

Kaduna customs hits N16.3bn revenue in 2023
featured

Kaduna customs seize vehicles, illegal goods worth N1m

The Federal Operations Unit of the Nigerian Customs Service in Zone B, Kaduna, has reported that the unit seized vehicles and other illegal goods worth N1 trillion between May and July. The Punch reported that the command’s public relations officer, Isah Sulieman, said in a statement on Friday that during the time period under consideration, the command […]

Ikeja Electric, OEMs partner for customized cables
Business

Ikeja Electric, OEMs partner for customized cables

Leading power distribution company Ikeja Electric Plc recently agreed to a partnership for the delivery of specially designed electricity cables for its network with two recognised Original Equipment Manufacturers, Messrs. Kabelmetal Nigeria Plc and Nigerchin Limited. The Chief Executive Officer of Ikeja Electric, Folake Soetan, expressed her excitement over the company’s efforts in realising this […]

Boris Johnson hands over WhatsApp messages to COVID inquiry
News

Boris Johnson hands over WhatsApp messages to COVID inquiry

Former Prime Minister of The United Kingdom, Boris Johnson’s long-awaited WhatsApp messages from his old phone will finally be handed over unredacted to the COVID inquiry, as confirmed by his spokesperson. The spokesperson stated, “The timing of any further progress on delivery to the inquiry is therefore under the Cabinet Office’s control.” The COVID inquiry, […]

Australia fines Telegram $640K for delayed response on online safety
News Tech

Telegram launches stories feature for premium users

Telegram in a tweet on Friday disclosed that its expanding the availability of its Stories feature to Premium users. A month after Telegram CEO Pavel Durov said that the chat app would have Stories in July, the official rollout for Premium users has begun. You may control who can view each of your tales by […]

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