Business

African startups raise $102m in lowest month since

  • 3rd August 2026

Otedola targets 51% controlling stake in First HoldCo

  • 3rd August 2026

Nigeria can boost global creative edge via indigenous

  • 3rd August 2026

UK state investment agency faces security review after

  • 3rd August 2026

Contact Info

Some Populer Post

NRS mandates tax ID for crypto account activation

featured

African startups raise $102m in lowest month since 2025

Business

Otedola targets 51% controlling stake in First HoldCo

Business

Fake agency DG fingers other MDAs in agency creation

News

Blog

Nigeria's treasury bills rate hit 13.9%
featured Finance

Treasury bills auction sees ₦4.59tn demand

Nigeria’s Treasury Bills market experienced a significant surge in investor demand during its latest primary auction. Total subscriptions reached N4.59 trillion, which was nearly three times the N1.15 trillion offered by the Debt Management Office. The auction took place on Wednesday, February 4, 2026. Despite the overwhelming inflows, the DMO adopted a cautious stance by […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira trades steady below ₦1,400 on official market

The Naira maintained its steady momentum against the United States Dollar as the first week of February 2026 drew to a close. Despite a slight intraday adjustment, the local currency has demonstrated significant resilience in the official window, underpinned by consistent Central Bank of Nigeria (CBN) interventions and a transparent electronic trading framework. In the […]

Finance Corporation invests $2bn in Nigeria - Official
featured Finance

FG signs IFC deal to fast-track bankable infrastructure projects

The Federal Government has signed a cooperation agreement with the International Finance Corporation, a member of the World Bank Group, to accelerate the delivery of bankable infrastructure projects and mobilise private capital essential for Nigeria’s economic transformation. The agreement was signed in Abuja on Wednesday. The signing ceremony was attended by the Minister of Budget […]

Business

FG launches initiatives to boost Nigeria’s gas-to-power sector

The Federal Government has introduced new initiatives aimed at bolstering Nigeria’s gas-to-power sector, highlighting natural gas as the backbone of electricity supply and a key driver of the nation’s industrialisation. Officials noted that gas currently accounts for over 70 per cent of Nigeria’s on-grid electricity generation, but acknowledged that challenges in supply, infrastructure, and commercial […]

RMAFC unveils revenue collection software
Business

FG reaffirms commitment to protect LG funds

The Federal Government has restated its commitment to stop the prolonged diversion of funds meant for the 774 local government councils from the Federation Account. The assurance was given on Thursday in Abuja by the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Mohammed Shehu, at the 2025 budget performance review and 2026 budget […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Investment

Tinubu’s Türkiye visit targets $5bn bilateral trade boost

The Presidency has stated that President Bola Tinubu’s recent working visit to Ankara, Türkiye, was driven by concrete economic and diplomatic objectives. The engagement resulted in commitments expected to raise bilateral trade between Nigeria and Türkiye to $5 billion. It also deepened cooperation across strategic sectors. Special Assistant to the President on Social Media, Dada […]

Top 10 African countries with highest fuel price in 2024
Policy and Regulations

Ogun seals two Abeokuta fuel stations over non functional toilets

The Ogun State Government has sealed two fuel stations in Abeokuta for failing to provide functional public toilet facilities. The affected stations are Conoil Fuel Station at Ibara and Moore Fuel Station at Asero. The action was taken in enforcement of the Environmental Management (Miscellaneous Provisions) Law, 2006, and the Ogun State Public Health Law, […]

News

Transcorp, DMO, MTN win at NGX ‘Made of Africa’ awards

Transnational Corporation Plc, the Debt Management Office, and MTN Nigeria Communications emerged as major winners at the 2025 Made of Africa Awards organised by the Nigerian Exchange Group. The awards ceremony, announced on Thursday, celebrates institutions and individuals who promote excellence and strong performance in Nigeria’s capital markets. The recognition covers brokers, issuing houses, trustees, […]

NESG condemns FG's N3.5tn budget for education, health
Opinion

GDP under Obasanjo, Jonathan better than Tinubu’s govt — PDP chieftain

A Peoples Democratic Party presidential hopeful, Dr. Gbenga Olawepo-Hashim, has criticised the economic performance of President Bola Ahmed Tinubu’s administration. He said Nigeria’s economy is significantly weaker than it was under previous governments and challenged top economic officials to publicly defend their record. Olawepo-Hashim spoke during an interview on Channels Television, where he addressed the […]

Oil and Gas

Nigeria gains ₦6tn from downstream petroleum reforms

Nigeria has recorded an estimated ₦6 trillion gain from reforms in the downstream petroleum sector within the first nine months of 2025, according to the Federal Government. The gain is attributed to the impact of fuel market deregulation and reduced reliance on imports. The Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed this at 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