Business
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

Contact Info

Some Populer Post

Finnair launches world’s first ‘Native Order’ system with Amadeus

Aviation

Cruise passengers caught smuggling 750 cigarette cartons in US

Travel
Chinese hackers hack US Commerce chief's emails

Hackers bribed our staff to access customer data –

Crypto

Indonesia relaxes visa rules, extends multiple-entry stay to six

Travel

Blog

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote refinery to source crude oil from African nations

Chairman of Dangote Refinery, Aliko Dangote, announced plans to procure crude oil from several African nations following recent imports from the United States and Brazil. During a facility tour in Lagos on Saturday, Dangote disclosed that the refinery anticipates receiving feedstock from the US and Brazil in the upcoming months. “We are in discussions to […]

Lagos unveils plan to tax remote workers to generate N200bn
News

Lagos allocates N25bn for SME development projects

Governor Babajide Olusola Sanwo-Olu of Lagos State has announced that approximately N25 billion has been disbursed to Small and Medium Enterprises through the Lagos State Employment Trust Fund over the past six years. This initiative aims to bolster productivity and stimulate economic growth across the state. Speaking at the 2024 Business Day Newspaper CEO Forum […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Tinubu reveals reason for suspending import duties

President Bola Tinubu has offered insights into his decision to temporarily suspend import duties on selected food items, aiming to alleviate food shortages and enhance affordability for consumers. Speaking at the public presentation of Olusegun Osoba’s book “My Life in the Public Eye” in Lagos on Saturday, Tinubu, represented by Vice President Kashim Shettima, underscored […]

AfDB President Adesina criticizes border opening for food imports
News

AfDB President Adesina criticizes border opening for food imports

President of the African Development Bank Dr. Akinwunmi Adesina, has criticized Nigeria’s recent decision to open its borders to extensive food imports, describing the policy as detrimental to the country’s agricultural strategy. Speaking at the Council of Anglican Provinces of Africa retreat in Abuja on Saturday, themed ‘Food Security and Financial Sustainability in Africa,’ Adesina […]

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote refinery to receive Brazilian crude cargo

The Dangote Petroleum Refinery will receive a shipment of Brazilian oil, according to Bloomberg’s report on Friday. This import will add to the Nigerian company’s already large amount of imported crude barrels from overseas. Local crude oil refiners, notably the Dangote refinery, modular refineries, and indigenous crude producers, have regularly expressed worries over Nigeria’s poor […]

News

AfDB’s Adesina urges youths to invest in Nigeria’s agribusiness 

President of the African Development Bank, Dr Akinwumi Adesina, on Friday pushed youth investment in Nigeria’s agribusiness. This was disclosed by adeshina in his keynote address at the Council of Anglican Provinces of Africa Primates and Wives’ Retreat in Abuja, according to The Punch. The speech themed “Food Security and Financial Sustainability in Africa: The […]

Jumia launches third-party logistics to boost profitability
News

Jumia’s shares rise to 55% as investor confidence grows

The Pan-African e-commerce giant, Jumia, has experienced a remarkable 55% surge in its share price over the past five days, closing trading at $12.08 on Friday compared to $8.46 just a week ago. This surge has lifted Jumia’s market value to $1.32 billion, signaling a resurgence in investor confidence after a turbulent period since its […]

President Tinubu to reduce inflation to 15% by 2025
featured

FG grant $21m contract to meter 187 oil stations

The Federal Executive Council announced the award of a $21 million contract for the metering of 187 crude oil flow stations throughout Nigeria in order to accurately account for the country’s production and exports. It further reported that the council awarded another contract for the deployment of software that would allow the government to track […]

Nigeria Exchange in decline two weeks in a row
News

SEC approves NGX digital investment platform

Securities and Exchange Commission has approved the Nigerian Exchange Group’s Invest, a digital platform meant to facilitate public offerings and rights issues in the capital market. NGX in a statement noted that the platform, was live, promising an efficient, convenient, and seamless experience for managing primary market transactions, according to The Punch. It stated that […]

News

UNDP set up HerAfCFTA initiative with $1m seed investment

The United Nations Development Programme established the HerAfCFTA program in Nigeria with a $1 million seed investment to promote women’s empowerment within the African Continental Free Trade Area. The program, which was just inaugurated in Lagos, seeks to increase women’s engagement in trade and economic activities while supporting gender equality and inclusive economic growth across […]

News

SMEDAN, NIPOST partner to lower logistics costs for SMEs

The Small and Medium Enterprises Development Agency of Nigeria has stated that it is collaborating with the Nigeria Postal Service to drive down the cost of logistics for SMEs in the country. This was disclosed by the Director General of SMEDAN, Mr. Charles Odii via his X handle after a meeting with the Postmaster General […]

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