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

News

Germany lends Tunisia $319m to finance development

German state lender KfW granted $319 million to Tunisia on Friday to finance renewable energy, water, and rural development projects. According to Reuters, the agreement was signed in Tunisia’s foreign ministry. Approximately 97% of Tunisia’s electricity is generated from fossil fuels, mainly natural gas. In 2021, nearly 45% of Tunisia’s natural gas needs were met […]

News

NiMet forecasts three days haze

The Nigerian Meteorological Agency has predicted dust haze across the country from Saturday to Monday.   The News Agency of Nigeria reported that, in a report released on Friday in Abuja, NiMet’s weather outlook forecasts moderate dust haze on Saturday with a visibility range from 2km to 5km over the northern region during the forecast […]

Life Style

Pictorial: Ibukun Awosika celebrates 60th birthday

Popular Nigerian business magnate and motivational speaker, Ibukun Awosika, clocks 60, today, December 24th.   The renowned author shared pictures of herself on her Instagram page to commemorate the milestone.   With the pictures, she wrote, “Finally it’s my actual 60th birthday this day, 24th of December 2022. My joy and gratitude to God knows […]

Tweeps knock FG as fuel scarcity leaves commuters stranded
featured Oil and Gas

NNPCL to sell fuel for N148, Tinubu insists on subsidy removal

The Nigerian National Petroleum Company Limited plans to execute a contract with independent oil marketers that would guarantee that the price of gasoline at the ex-depot is N148 per litre. The new managing director of NNPCL Retail, Hubb Stockman, has vowed to directly provide IPMAN members with goods, according to Mike Osatuyi, the national controller […]

Nigeria's mineral production rose by 39% in 2021 - NBS
Oil and Gas

Manufacturing sector remitted N114.37bn Q3 2022 – NBS

The manufacturing sector topped the list of highest contributors to Value Added Tax revenue generated by the Federal Government in the third quarter of 2022.   The National Bureau of Statistics third quarter report revealed that the sector had a remittance of N114.37 billion, accounting for 18.29 percent of the total N625.39 billion generated as […]

Economy

Experts laud suspension of proposed excise duties hike

Tax, fiscal policy, and economics experts have hailed the Federal Government for suspending the proposed increases in excise duty rates on tobacco, alcoholic and non-alcoholic beverages. According to The Nation, the increases were to be part of the 2023 Fiscal Policy Measures and Tariff Amendments. Renowned expert in tax and fiscal policy and the Head […]

Pollution: Shell to pay Nigerian farmers €15m compensation
News

Pollution: Shell to pay Nigerian farmers €15m compensation

Agency Report Shell said Friday it will pay 15 million euros to Nigerian farmers to compensate them for damage from pipeline leaks. A Dutch appeals court ruled last year, following 13 years of legal battles, that Shell’s Nigerian branch must pay out for a series of leaks and that the parent company must install new […]

UK passport control staff strike at airports
Aviation

UK passport control staff strike at airports

Military personnel stood in for passport control staff at UK airports on Friday as Border Force officers walked out in an escalating wave of public sector strikes over pay. Around a quarter of a million passengers were due to arrive at the six affected airports on Friday ahead of the busy Christmas holiday weekend. But […]

News

1.4m POS agents generated N6tr in 2022 – CBN

The Central Bank of Nigeria has disclosed that 1.4 million agents generated N6 trillion in transactions, up from N48 billion in 2012. This was stated by the Deputy Governor for Financial System Stability, of the CBN, Aisha Ahmed, who represented CBN Governor, Godwin Emefiele at the National Assembly on Thursday. She stated that there were […]

Why Nigeria must save oil revenues - IMF
News

Food crisis: IMF board approves $71 million for Guinea

  The International Monetary Fund has stated that it has approved a disbursement of $71 million for Guinea. According to Reuters, the IMF stated that the funds was disbursed under its ‘food shock window’ to help the country address urgent balance of payment needs related to the global food crisis. Guinea is currently facing a […]

Electricity

BEDC reinforces commitment to improve electricity supply

The Benin Electricity Distribution Company Plc has reinforced its resolve to ensuring customers service improvement and overall performance of the Disco.   Addressing newsmen in Benin City, on Thursday, The Guardian reported that the Managing Director/Chief Executive Officer, BEDC, Dr. Henry Ajagbawa, reeled out his achievements in his 100 days in office and said its […]

Aviation

Airline operators face jailterm for non-remittance of sales charge

  The Nigeria Civil Aviation Authority has revealed that airline operators in the country now risk two-year imprisonment, N5 million fine, or both penalties over failure to remit statutory Ticket Sales and Cargo Sales Charges. The punitive provisions, among others, are included in the new Civil Aviation Act 2022, which was just signed into law […]

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