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

Banking featured

FCMB shareholders approve ₦23.08bn dividend for 2025

FCMB Group Plc shareholders have approved a total dividend payout of N23.08 billion for the 2025 financial year. Vanguard reported that the approval was given at the company’s 13th Annual General Meeting held in Lagos last week. Shareholders attended both in person and online, and approved all Board resolutions presented at the meeting. The resolutions […]

featured Opinion

Obi accuses Tinubu govt of corruption over ‘unaccounted #8.83trn expenditure’

The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has accused the administration of President Bola Tinubu of gross corruption following claims that ₦8.83 trillion in 2025 expenditure was not captured in the national budget. Obi made the allegation in a statement posted on his X (formerly Twitter) account on Sunday. He cited what […]

Transportation

Umahi blames coastal highway flooding on refuse dumping

The Minister of Works, Senator David Umahi, has blamed the flooding on the Lagos-Calabar Coastal Highway on the non-implementation of a Lagos State master plan for flooding. Umahi also blamed the flooding on indiscriminate dumping of refuse by Lagos State residents. Umahi made the blame during an inspection tour of Section Three of the Sokoto-Badagry […]

Maritime

Nigeria, Ghana sign maritime pact to boost blue economy

The Nigerian Maritime Administration and Safety Agency and the Ghana Maritime Authority have signed a Memorandum of Understanding to strengthen bilateral maritime cooperation, enhance regional maritime governance and promote the sustainable development of the Blue Economy in West Africa. Vanguard reported that speaking at the signing ceremony in Lagos, NIMASA Director-General, Dr. Dayo Mobereola, thanked […]

Electricity

Mini-grids can de-risk Nigeria’s power sector — REA boss

Mini-grids are no longer just household rural electrification projects, they now represent a highly viable commercial model for electricity delivery capable of de-risking Nigeria’s power sector and attracting massive private capital. This was revealed by the Managing Director of the Rural Electrification Agency, Dr Abba Aliyu during the inaugural Samuel Ibiyemi Memorial Lecture in Lagos […]

featured Transportation

FG flags off Borno roads to improve trade, security

The Federal Government has flagged off the rehabilitation of the Bama-Banki and Dikwa-Gamboru-Ngala roads in Borno State, describing the projects as strategic investments aimed at improving trade, security, agriculture and post-insurgency recovery in the North-East. Vice President Kashim Shettima, who represented President Bola Tinubu at the ceremony on Saturday, said the projects underscore the administration’s […]

Business featured

Discos lose 1.13 million customers despite record ₦2.32tn revenue

Electricity Distribution Companies have lost over 1.13 million customers amid lingering concerns over unreliable power supply and rising energy costs, findings by The PUNCH have shown. This happened even as the Discos supplied more electricity, generated record revenues and expanded metering in 2025. Data contained in the National Bureau of Statistics’ latest Nigeria Electricity Report: […]

featured

Aquaculture investments can create 500,000 jobs, cut $1bn imports – Dangote

The President of Dangote Industries Limited, Aliko Dangote, has said that strategic investments in aquaculture, hatcheries, feed production, fish processing, cold-chain logistics, and export infrastructure could significantly reduce imports, conserve foreign exchange, create more than 500,000 jobs, and position Nigeria as a leading exporter of fisheries products. Dangote made the remarks in Lagos while speaking […]

Business

South Africa reaffirms no compensation for Nigerians’ abandoned properties

Khumbudzo Ntshavheni, South Africa’s minister in the presidency, has reaffirmed the country’s position against compensating Nigerians who left properties behind after being evacuated from the former apartheid nation. Earlier, it was reported that the Nigerian government would explore options for possible compensation for affected citizens. However, speaking at a press conference on Friday, Ntshavheni rejected […]

Business

S’Africa, Egypt, Morocco top Africa’s ultra-wealthy hub rankings in 2026 – Report

South Africa, Egypt and Morocco have been ranked among the world’s leading hubs for ultra-high-net-worth individuals in Knight Frank’s The Wealth Report 2026, reinforcing their positions as Africa’s foremost centres of private wealth. The report defines ultra-high-net-worth individuals as people with at least $30 million in net assets, excluding the value of their primary residence. […]

Business

Marriott ends 34-year Pepsi ties, signs global Coca-Cola deal

Marriott International, the world’s largest hotel company, has ended its 34-year beverage partnership with PepsiCo and entered into a global agreement with Coca-Cola, marking one of the most significant shifts in the decades-long rivalry between the two soft drink giants. The agreement gives Coca-Cola access to one of the world’s largest hospitality networks, bringing its […]

Investment

How land discount sealed Dangote Refinery deal — Fashola

Former Lagos State Governor Babatunde Fashola said his administration discounted the price of land allocated to the Dangote Group to secure the refinery project that later became the Dangote Petroleum Refinery in the Lekki Free Zone. Nairametrics reported that Fashola made the disclosure during his keynote address, titled “From Presence to Power: Advancing Women’s Influence […]

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