Business
Why Nigerian insurance is one of the lowest globally - CPPE

High levies threaten survival of Nigerian airlines, says

  • 26th April 2026

Lagos signs power purchase deals to boost supply

  • 26th April 2026
Hackers breach North Korean spy group’s computer

Italy okays extradition of Chinese hacker wanted by

  • 26th April 2026

Dangote Refinery expansion to create 95,000 jobs

  • 26th April 2026

Contact Info

Some Populer Post

Why Nigerian insurance is one of the lowest globally - CPPE

High levies threaten survival of Nigerian airlines, says CPPE

Business

Lagos signs power purchase deals to boost supply by

Business
Hackers breach North Korean spy group’s computer

Italy okays extradition of Chinese hacker wanted by US

Business

Dangote urges govt, private sector partnership to eliminate malaria

Helth

Blog

Aviation

Nigeria Air receives operating license from NCAA

Nigeria’s proposed national carrier, Nigeria Air, has received an Air Transport License from the Nigerian Civil Aviation Authority. The interim management of the country’s national carrier, led by Captain Dapo Olumide, a former Managing Director of the defunct Virgin Nigeria Airways, received the ATL licence at the NCAA headquarters in Abuja. Punch Metro reports that […]

Buhari
Energy

FG to confirm increment of petrol freight rate

The Federal Government is expected to issue a circular confirming the increased the increase of freight rates of Premium Motor Spirit, otherwise known as petrol, by N10 per litre. The Nation reported that the circular on the increase, which took effect June 1, will be issued today, June 6, 2022. President, Nigerian Association of Road […]

Why oil theft estimates are unrealistic- Navy
Oil and Gas

Firm prepares fresh investment in oil, gas sector

Solewant Group says it is now entering the next phase of its extensive development through investments and expansions in the oil and gas sector. Report according to The Punch confirmed that the company also said it was committed to providing steel pipe, metals, and speciality coating solutions as an outstanding business partner to top oil […]

Power generation dropped 43mw after worker's strike - FG
Energy

Blackout to worsen as 20 power plants underperform

No fewer than 20 gas power plants are currently under-performing, forcing power generation to drop below 2000MW. Nigeria has 23 power generating plants with 11 165MW capacity connected to the national grid. Out of the 23, two are hydro plants. These plants are managed by generation companies (GenCos), independent power providers, and Niger Delta Holding […]

Power generation dropped 43mw after worker's strike - FG
Electricity

92 million Nigerians lack access to electricity – Report

Nigeria has the lowest access to electricity globally, with about 92 million persons out of the country’s 200 million population lacking access to power, the Energy Progress Report 2022 released by Tracking SDG 7, has revealed. The report, produced in conjunction with the International Energy Agency, International Renewable Energy Agency, United Nations Statistics Division, the […]

Naira redesign: CBN has my approval, Buhari clarifies
News

Russia-Ukraine crisis fuels surge in food prices – Buhari

The President, Major General Muhammadu Buhari (retd.), on Saturday in Accra said ongoing invasion of Ukraine by Russia had led to a surge in the prices of many commodities, including foodstuffs. He, therefore, stressed the need for African countries to devise means of sustaining their economies to cushion the impact of the war. According to […]

Maritime

Maritime workers demand govt’s action as gunmen attack members

Maritime Workers Union of Nigeria has condemned the attack on its members who were on official assignment on Wednesday at Otu Junction, Nnewi South, Anambra State. According to Independent News, the five members who were am­bushed, maimed, and shot were said to have sustained different degrees of injury. A statement signed by the Pres­ident General […]

NUPENG threatens strike in Lagos over tanker drivers' safety
Oil and Gas

Motorists slam FG, NNPC as fuel queues hit Abuja again

Fuel queues returned to the Federal Capital Territory on Thursday as motorists spent hours at filling stations waiting to buy the Premium Motor Spirit also known as petrol. This is the third time that Abuja, Nigeria’s political headquarters, will be experiencing gasoline scarcity in 2022. There were long queues in most of the filling stations […]

Electricity

FG suspends N500bn electricity subsidy, tariff surge by 58%

Findings have shown that electricity tariffs increased by 58 per cent after the Federal Government yanked off a yearly subsidy of N500bn to the power sector. Documents obtained by Newsmen showed that the subsidy was removed in 2020, leading the Nigerian Electricity Regulatory Commission to equally increase tariffs from N31/kWh to N49/kWh starting from last […]

Banking

Titan Trust completes takeover of Union Bank 

Union Bank Plc has announced the completion of core investors’ sale of a majority shareholding to Titan Trust Bank Limited, a subsidiary of TGI Group. The bank also announced board changes that resulted from the resignation and subsequent retirement of the Directors from the Board of Union Bank and the appointment of new directors. According […]

News

EFCC frees suspended Accountant-General after two weeks

The suspended Accountant-General of the Federation, Ahmed Idris, has been released by the Economic and Financial Crimes Commission after he was arrested for his alleged involvement in a N174 billion fraud. Idris was released on bail from the custody of the anti-graft agency on Wednesday night in Abuja and has since been reunited with his […]

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