Business

Lasaco Assurance raises ₦19.3bn in rights issue

  • 28th July 2026

United Capital posts ₦24.8bn pre-tax profit in H1

  • 28th July 2026

Nigeria is facing shortage of investment-ready startups, not

  • 28th July 2026

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Contact Info

Some Populer Post

Cash outside banks drop to ₦4.92trn, lowest in months

Banking

Lasaco Assurance raises ₦19.3bn in rights issue

Business

Nigeria, Netherlands deepen partnership on migration, human smuggling

Travel

United Capital posts ₦24.8bn pre-tax profit in H1 2026

Business

Blog

Peru to revamp economy with $1.6bn
Economy

Peru to revamp economy with $1.6bn

Peru’s economy minister pledged on Thursday to launch an investment program of $1.6 billion to ramp up growth hampered by constant political crises. Alex Contreras said his plan has 19 component parts and will generate 130,000 jobs and add an additional 1.2 per cent to the nation’s economic growth in the first half of 2023. […]

Telecommunications

Debt: MTN, Airtel, others to disconnect banks’ USSD code

  Chairman of the Association of Licensed Telecoms Operators of Nigeria, Gbenga Adebayo, has revealed that network operators will detach banks from the Unstructured Supplementary Service Data code. The banks have failed to remit commission from the costs of the USSD utilized by bank account holders for electronic transactions, according to ALTON, the umbrella organization […]

FG to probe 40 loan apps over customers 'abuse'
Business featured

FG to probe 40 loan apps over customers ‘abuse’ Business

In light of what has been called “sharp practices” and “abuses”, the Nigerian government is looking into ways to investigate several digital loan apps. The House of Representatives has instructed its Committee on Banking and Currency, Financial Crimes, and Telecommunications to begin an investigation into the loan administration and business practices of fintech companies and […]

News

CCECC wins bid for Lagos’ Fourth Mainland Bridge construction

The Lagos State Government, through the Office of Public Private Partnerships, has announced Messrs CCECC-CRCCIG CONSORTIUM as the preferred bidder for the proposed Fourth Mainland Bridge project.   The Special Adviser to the Governor on Public Private Partnerships, Ope George, made the announcement during a briefing at the PPP office in Ikeja, on Friday, according […]

Banking

GTBank halts dollar transactions on naira Mastercards

  Guaranty Trust Bank has suspended all international transactions on its naira MasterCards. This was disclosed in a statement issued by the Bank through its social media platforms on Thursday evening. “Dear Customer, we write to inform you that you will no longer be able to use your Naira Mastercard for international online and POS […]

News Oil and Gas

FG spent N2tn on local content within 12years – Report

  The Federal Government has spent a total of N2 trillion ($4 billion) on the development of local content in the past twelve years. A document on the “Nigerian Content Intervention Fund” presented by the General Manager, Nigerian Content Development Fund & Treasury Management, an arm of the Nigerian Content and Development Monitoring Board, Obinna […]

Senate probes Niger Delta oil theft
Oil and Gas

2022: Oil theft, fuel subsidy, other Buhari regime challenges

  Oil Theft, Subsidy, Fuel Scarcity are among some of the challenges which the Federal Government tried to address in the Nigeria’s oil and gas sector in the outgoing year. However despite its efforts, little success has been recorded by the Major General Muhammadu Buhari (retd.), led administration. Despite recent improvements, Nigeria’s crude oil output […]

Lekki Port to commence commercial operation in 2023
featured News

Lekki Port to commence commercial operation in 2023

The Chief Operating Officer of Lekki Port LFTZ Enterprise Limited, Laurence Smith, has said that the Liquid Berth Terminals have potential operators. The port will start operating commercially in the first quarter of 2023, according to Smith, who made this announcement to the media recently in Lagos during the company’s end-of-year press briefing. “Lekki Port […]

NASS inflated 2025 budget with 11,122 'ghost' projects — BudgIT
Economy

New naira: Extend deadline, Senate urges CBN

The Senate has urged the Central Bank of Nigeria to extend the deadline for withdrawal of old Naira notes from the economy, fixed for January 31, 2023, to June 30, 2023.   CBN had announced in November that the old naira notes of N1,000, N500 and N200 denominations would be withdrawn from circulation by January […]

NGF blames naira redesign, flood for agric sector's underperformance
Agribusiness featured

NGF blames naira redesign, flood for agric sector’s underperformance

The Nigeria Governors’ Forum stated that the country’s farmers experienced a major meltdown during the 2022 farming season as a result of the difficulties in the agriculture industry. It continued by saying that this year’s difficulties for farmers were made worse by the Central Bank of Nigeria’s policy to redesign the naira, excess of rain, […]

How immigration made N438b from 2017 - Report
featured

How immigration made N438b from 2017 – Report

The Nigeria Immigration Service has generated N438.78 billion in income from 2017 to date, according to data from The PUNCH. This occurred at a time when the agency’s total Internally Generated Revenue nearly doubled from N38.53bn in 2017 to N74.69 (budgeted IGR) in 2022. The NIS made N38.5 billion, N39 billion, and N61 billion in […]

Economy

New naira: ATMs still dispensing old notes, report reveals

  Thirteen days after the issue of the freshly redesigned N200, N500, and N1,000 notes, and with 34 days till the old notes are no longer legal cash in the country, Automated Teller Machines in Lagos are yet to begin dispensing the new notes. According to Leadership, majority of Lagos’s ATMs are still distributing old […]

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