Business

Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

NPF Microfinance Bank grows profit before tax by

  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

Contact Info

Some Populer Post

Ghana to evacuate 1,000 more workers from South Africa

Transportation

Nigerians may face rice, tomato scarcity within three months

Food

Pharmaceutical firms’ finance costs jump 46.5% amid high interest

Helth

FAAN launches probe into viral Delta airport security altercation

Ports and Airports

Blog

Finance

SEC, NGX hail S&P DJI for including Nigeria in frontier market watchlist

Nigeria’s capital market regulators have hailed the S&P Dow Jones’ Watchlist inclusion, saying it is a confirmation of the growing global confidence in Nigeria’s capital market, even as the Securities and Exchange Commission reinforced its commitment to policy consistency. On Wednesday, July 8, S&P DJI added Nigeria to the Watchlist for potential upgrade from Standalone […]

Scams

EFCC arraigns Miyetti Allah leader over alleged $2.33m money laundering

The Economic and Financial Crimes Commission has arraigned the National President of Miyetti Allah Kautal Hore, Bello Abdullahi Bodejo, before the Federal High Court in Abuja over alleged money laundering involving $2.33 million. The anti-graft agency disclosed the development in a statement published on its official X account on Thursday, July 9, 2026, stating that […]

Business

NGX gains ₦3.45trn as Airtel Africa hits record ₦5,801.40

The Nigerian equities market delivered its most powerful single-session gain in weeks on Wednesday, July 8, 2026, as Airtel Africa’s 10 per cent maximum daily advance to N5,801.40 anchored a broad-based rally that added N3.45 trillion to investors’ wealth. Airtel Africa’s N5,801.40 close is a new record for the telecoms counter, and along with gains […]

Opinion

Coalition urges FG to borrow for productivity not recurrent consumption

The Economic and Fiscal Justice Coalition has tasked the Federal Government to adopt a “Borrow Better” framework by ensuring it borrows only for productive assets and not for recurrent consumption. Vanguard reported that this was contained in a position paper presented to the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, […]

featured Scams

FULL LIST: US to deport 124 Nigerians for various crimes

The United States has released an updated deportation list containing the names of 124 Nigerians. The disclosure was made in a statement published on the website of the Department of Homeland Security on Wednesday. The DHS described these individuals as being on what it called its “worst-of-the-worst” criminal register. The names and photographs of the […]

Business

FIFA W’Cup fever pushes Google search traffic to all-time high

Alphabet-owned Google set a new search traffic record during the FIFA World Cup, driven by intense global interest in Tuesday’s knockout-stage match. Argentina staged a dramatic late comeback, with Cristian Romero finding the net before Lionel Messi scored the equaliser in the 83rd minute, helping his side secure victory. “Google Search broke all prior usage […]

News

Soldiers now earn ₦100,000 minimum salary, says defence minister

The Minister of Defence, Christopher Musa, has said Nigerian soldiers now earn a minimum monthly salary of N100,000 following a recent review of their welfare by the Federal Government. Musa disclosed this during an interview on News Central on Wednesday, ahead of its broadcast on the NC Exclusive programme on Friday. The former Chief of […]

Insurance

PenCom plans new investment vehicle to fund pension industry infrastructure

Nigeria’s National Pension Commission is developing plans to establish a new investment vehicle that could channel resources from the country’s $22 billion pension industry into critical infrastructure projects. This is as the government seeks new sources of long-term financing for roads, railways, energy and healthcare. Nairametrics reported that the proposal was disclosed by PenCom spokesman […]

Finance

Naira trades at ₦1,373.99/$ at official FX market

The naira traded at approximately N1,373.99 per United States dollar at the official Nigerian Foreign Exchange Market, on Thursday, July 9, 2026, according to the latest available market data. Data from the official foreign exchange market showed the naira continuing to trade within a relatively stable range in recent sessions as market participants monitored liquidity […]

Business

ExxonMobil begins $1bn Usan project to boost Nigeria’s crude production

Esso Exploration and Production Nigeria (Offshore East) Limited, an affiliate of ExxonMobil, has commenced on-block activities for the $1bn Usan Infill Project in Oil Mining Lease 138, a move expected to increase Nigeria’s crude oil production by up to 40,000 barrels per day. The company announced the development on Wednesday in Abuja during the ongoing […]

featured Oil and Gas

Dangote Refinery cuts petrol price by ₦1 as brent crude surges

Dangote Petroleum Refinery on Wednesday reduced its ex-depot price of Premium Motor Spirit, known as petrol, by N1 per litre. The price cut came even as diesel prices climbed across several petroleum depots in Lagos, reflecting mixed trends in Nigeria’s downstream petroleum market. Meanwhile, global crude oil prices surged sharply on Wednesday, with international benchmark […]

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