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

AfDB president Akinwumi Adesina loses mum

The President of African Development Bank, Dr. Akinwumi Adesina, has lost his mother, Eunice Adesina.   The Guardian reported that the matriarch of the Adesina family died on Thursday, December.   An associate of Adesina and media practitioner, Victor Oladokun, confirmed the development, in a Facebook post on Thursday.   He wrote, “With great sadness, […]

Business

Group supports West African SMEs with $100m

The African Guarantee Fund Group, through its subsidiary AGF West Africa, and the Orabank Group, have concluded a portfolio guarantee agreement for a 60bn FCFA worth $100m, aimed at supporting Small and Medium scale Enterprises through its various subsidiaries in West Africa.   According to a statement, the partnership agreement was signed by the AGF […]

News

CBN reveals overall benefit of cash withdrawal limit

The Central Bank of Nigeria has stated that the cash withdrawal limit is not anti-people. According to The PUNCH, this was stated by the Deputy Governor, Financial System Stability, CBN, Aisha Ahmad, on Thursday, while appearing before the House of Representatives. Ahmad represented the CBN Governor, Godwin Emefiele, who had twice failed to appear before […]

News

Analyst predicts 2023 challenges for Netflix

  Industry analyst have predicted that streaming platform, Netflix’s investors will have plenty to worry for in 2023 despite it’s 65 percent stock increase since July. According to Wall Street analyst, Needham’s Laura Martin, the stock will battle several headwinds in the new year including slowing subscriber growth and increased pressure on its key financial […]

Buhari
Banking featured

Buhari names BOI’s executive directors

The President, Major General Muhammadu Buhari (ret.) has given his approval for Mallam Shekarau Omar to serve a second term as Executive Director Small and Medium Enterprises. Omar will now hold office for an additional four years, after his first tenure was set to expire on March 5, 2023. The senior media assistant to the […]

News

Stanbic IBTC adopts Gombe community school

Standard Bank group, Stanbic IBTC Holdings, has explained reasons for adopting Kurba Community Primary School in Yamaltu Deba Local Government Area of Gombe State.   The Chief Executive of the bank, Dr. Demola Sogunle, said the rationale behind the gesture was to improve the quality of education in public schools within the country, with its […]

Startups

Honeywell begins enrollment for talent development program

Honeywell Group has called on members of the public, entrepreneurs and tech enthusiasts to take part in its fifth talent development program slated for early next year to help salvage the economy.   The talent development is a partnership with the Lagos State Employment Trust Fund, on the ‘Lagos Innovates Programme’ which has benefited over […]

Economy

Why Nigeria’s foreign reserves lost $2.2bn – CBN

The Central Bank of Nigeria has explained reasons why Nigeria’s foreign reserves lost $2.22 billion in a sustained demand pressure in the foreign exchange market.   In its Financial Stability Report, CBN showed that the reserves fell to $36.96 billion in the second week of December, from August closing figure of $39.18 billion.   According […]

Business

Nigeria’s biovaccine company to begin production before Q2 2023

Biovaccines Nigeria Limited, a joint venture between the Federal Government of Nigeria and May & Baker Nigeria Plc, is set to commence the production of vaccines before the second quarter of 2023.   Nairametrics reported that the Managing Director of May & Baker Nigeria Plc, Patrick Ajah, disclosed this on Wednesday in Lagos, while noting […]

News

Yuletide: MTN, Airtel, others to earn big on increased call, data

  Telecommunications operators in Nigeria are expected to earn more revenue as a result of a projected rise in calls and data usage this festive period. According to Nairametrics, the financial records of MTN and Airtel, two of the country’s largest telcos, higher customer spending in December has always had a beneficial influence on their […]

featured

CBN bows to pressure, increases weekly withdrawal limit

The Central Bank of Nigeria has raised the weekly maximum limit for cash withdrawals by individuals and corporate entities through all channels to N500,000 and N5,000,000, respectively. In a letter sent to banks on Wednesday, the CBN disclosed this. Recall that the apex bank stated that the decision was based on input from stakeholders. The […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
News

Debt: Zambia gets $100m from World Bank

  The World Bank announced on Wednesday that it would disburse $100 million for Zambia, despite significant delays in debt restructuring procedures as creditors drag their feet. According to The News Agency of Nigeria, Zambia received a 275 million USD grant from the World Bank in October to aid in its recovery from the COVID-19 […]

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