Business

MTN names Ikenna Ikeme as new regulatory affairs

  • 27th August 2026

Tinubu charges NLNG to harness gas reserves for

  • 27th August 2026

Okin Biscuits resumes production after 17 years of

  • 27th August 2026

Mutual Benefits Assurance declares ₦802.46m dividend for 2025

  • 26th August 2026

Contact Info

Some Populer Post

Umahi orders arrest of Hartland MD over uncompleted ₦14bn

Policy and Regulations

Police shut Rivers hotel over man’s suspicious death

News

FG inaugurates committee to boost Nigeria’s fish production

Maritime

Navy seizes 500 litres of suspected illegal AGO, cannabis

News

Blog

Dangote group moves to curb illegal haulage
News

Dangote group moves to curb illegal haulage

Dangote Group has revealed plans to put an end to the activities of some of its drivers whose activities pose an immense danger to other road users. According to Leadership, the company has made several arrests of erring drivers and handed them over to relevant authorities. It would be recalled that the management of the […]

Passport issuance hits 1.059m as more Nigerians relocate
News

Passport issuance hits 1.059m as more Nigerians relocate

  Findings have revealed that the number of passports issued by the Nigeria Immigration Service rose by 38percentt between 2020 and 2021. According to the PUNCH, this is an increase from 767,164 to 1,059,607 passports issued in 2020 and 2021 respectively. According to data obtained from the NIS, the passport types ranged from standard, official, […]

US deficits projected $1trn higher over next decade
Banking

Banks reduce forex sales as scarcity persists

Findings have revealed that Banks have started to limit Personal Travel Allowance and Business Travel Allowance clearance requests to legitimate users. According to The PUNCH, legitimate users will be able to access forex only once in two quarters. Before this new development, the banks had been approving travellers who applied once every quarter. Findings revealed […]

Airport workers give FG 14 days to amend aviation bill
Aviation

Airport workers give FG 14 days to amend aviation bill

Aviation unions have given the Federal Government a 14-day ultimatum to amend the anti-labour clauses in the recently amended flight bills. According to Channels TV, the union said the clauses gave the Minister of Aviation overriding powers to direct affairs on issues affecting trade unions in the industry. The coalition is made up of the […]

Aviation

PHOTOS: Aviation workers protest in Kano, Lagos

Aviation workers in Kano and Lagos State suspended their operations on Monday to protest following a dispute between the Federal Airports Authority of Nigeria and the Nigerian Airspace Management Agency. The PUNCH reported that aviation workers under the banners of the National Union of Air Transport Employees; Air Transport Services Senior Staff Association of Nigeria; […]

Queen's funeral to affect UK economy after rebound
Economy

Queen’s funeral to affect UK economy after rebound

The UK’s recession-threatened economy rebounded in July, data showed Monday, but is set to receive a further hit from a public holiday marking next week’s funeral of Queen Elizabeth II. British gross domestic product expanded 0.2 percent after a drop of 0.6 percent in June, the Office for National Statistics said in a statement. June’s […]

  • enitan
  • 12th September 2022
  • 1 Comment
  • 355 Views
Oil Theft: Nigeria loses $150m every two days
Oil and Gas

Nigeria lost N604.64bn to oil theft in eight months – FG

The Nigeria Upstream and Downstream Petroleum Regulatory Commission’s monthly report has revealed that the nation lost about 13.21 million barrels of crude oil with an estimated worth of N603.64bn between January and August this year to theft. According to The PUNCH, figures contained in the reports, obtained from the Nigeria Upstream and Downstream Petroleum Regulatory […]

Dangote group moves to curb illegal haulage
News

Dangote driver jailed over unauthorised haulage

Dangote Group said one of its drivers was arrested, arraigned and jailed in Nassarawa State Correctional Centre over illegal haulage of timber. According to the Punch, this was disclosed in a statement by the Group Chief Branding and Communications Officer, Mr Anthony Chiejina. The driver and the truck, according to the statement were arrested in […]

Two arrested as Edo police bust illegal refinery
Oil and Gas

Two arrested as Edo police bust illegal refinery

No fewer than two suspects have been arrested as operatives of the Nigeria Police Force busted an illegal petroleum refinery in Edo State. In a statement signed by the Force Public Relations Officer, CSP Olumuyiwa Adejobi, the police recovered three empty trucks and 31 tanks, seven of which were loaded with petroleum products. It read, […]

  • enitan
  • 11th September 2022
  • 1 Comment
  • 349 Views
Oil Theft: Nigeria loses $150m every two days
Oil and Gas

Oil theft: PENGASSAN doubts FG’s will to fight

President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo said the federal government is not showing the will to combat crude oil theft. Osifa who appeared on Channels TV said PENGASSAN’s resort to embark on 30 days strike was due to the aforementioned. AM Business reported that PENGASSAN members on […]

Naira redesign: CBN has my approval, Buhari clarifies
Aviation

Buhari okays Gombe airport takeover

Gombe State Governor, Muhammad Yahaya, said the President, Major General Muhammadu Buhari (retd.), has approved the “takeover” of the state airport. According to The Punch, Yahaya on Friday disclosed this to State House Correspondents shortly after an audience with the President at the Aso Rock Villa. Yahaya noted that the move would ensure the availability […]

Nigeria may lose N1.7trn as PENGASSAN mulls 30 days shutdown
Oil and Gas

Nigeria may lose N1.7trn as PENGASSAN mulls 30 days shutdown

Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria threatened to shut down oil production in Nigeria for 30 days. According to The Punch, protesting PENGASSAN members made the threat on Thursday, saying if Federal Government fails to curb the lingering massive oil theft in the Niger Delta region. Members of the […]

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