Business

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

Tinubu gets ICPC report on alleged fake agency

  • 6th August 2026

NIA credits NAICOM’s oversight for successful insurance recapitalisation

  • 6th August 2026

Contact Info

Some Populer Post

FUTA workers protest alleged non-payment of allowances

News

Five countries that recently changed, redenominated their currencies

featured Finance

SEC launches campaign to help Nigerians recover unclaimed dividends

Investment

FG optimistic Nigeria NOW! Expo will boost mining investments

Investment

Blog

Finance

Ondo gov presents new tax bill to Assembly

Ondo State Governor, Mr Lucky Aiyedatiwa, has forwarded a new tax bill to the Ondo State House of Assembly for legislative scrutiny, in preparation for the federal government’s planned implementation of a new national tax regime scheduled to take effect on January 1, 2026. The development was disclosed by the state Attorney General and Commissioner […]

Economy featured

Major bills approved, declined by Tinubu in 2025

2025 has been a significant year for the National Assembly and President Bola Tinubu, as the executive and legislative arms navigated a mix of cooperation and caution in lawmaking. The 10th National Assembly has received both praise and criticism for its responsiveness to the executive, with Tinubu assenting to some key bills while declining others. […]

Electricity

WPG sells 60% stake in Eko Disco for N360bn

West Power & Gas Limited has finalized the sale of its 60 per cent controlling stake in Eko Electricity Distribution Company to Transgrid Enerco Limited for approximately N360 billion. Sources familiar with the deal confirmed that the transaction was completed on December 30, 2025, marking one of the largest privately negotiated acquisitions in Nigeria’s power […]

NAFDAC cuts licensing fees by 65%
Helth

NAFDAC approves first robotic surgery system in West Africa

The National Agency for Food and Drug Administration and Control has approved the Toumai robotic surgical system for clinical use in Nigeria. The approval represents a major regulatory milestone, positioning Nigeria as the first country in West Africa to authorise the use of a robotic surgery platform for direct patient care. The clearance followed a […]

Finance

Bauchi Assembly passes N877bn 2026 budget into law

The Bauchi State House of Assembly has passed the 2026 Appropriation Bill into law, approving a total budget size of N877,052,907,900 for the coming fiscal year. The passage of the bill followed the presentation of the report of the House Committee on Appropriation during plenary on Tuesday. The session was presided over by the Speaker […]

Economy

CBN sets 16.5% inflation target for 2026

Nigeria’s Central Bank is formally entrenching its transition to an inflation-targeting monetary framework, with the long-term objective of moderating inflation to 13 per cent by the year 2027. These details were outlined in the Central Bank of Nigeria’s 2026 macroeconomic outlook released on Tuesday. The bank also projects that inflation will average around 21 per […]

featured Life Style

World’s richest people by months in 2025

Forbes’ monthly updates in 2025 show a familiar cast of billionaire names atop the wealth rankings. In January 2025, Elon Musk (Tesla/SpaceX) was far and away richest at $421.2 billion (about ₦632 trillion), followed by Jeff Bezos (Amazon) with $233.5 B (≈₦350 trillion) and Larry Ellison (Oracle) at $209.7 B (≈₦315 trillion). These fortunes reflect Musk’s control of auto/space, Bezos’s retail […]

China denies link to cyberespionage group accused of targeting Singapore
Economy

Nigeria reaffirms commitment to deepening China partnership

Nigeria has reaffirmed its commitment to strengthening its strategic, bilateral trade and economic partnership with the People’s Republic of China, citing the steady progress recorded in relations between both countries throughout 2025. The reaffirmation follows the elevation of Nigeria–China relations to a Comprehensive Strategic Partnership, an agreement reached by President Bola Tinubu and Chinese President […]

Banking

Sterling CEO Yemi Odubiyi buys ₦578.1m shares via investment firm

Sterling Financial Holdings Company Plc has announced that Seven Degrees North Limited, a private investment firm associated with its chief executive officer, Yemi Odubiyi, acquired shares valued at ₦578.1 million. The disclosure to the Nigerian Exchange stated that 82 million ordinary shares were bought at ₦7.05 per share on the NGX trading floor in Lagos. […]

Business

Elumelu’s Heirs Energies acquires major stake in Seplat Energy

Tony Elumelu’s Heirs Energies has acquired a 20 per cent stake in Seplat Energy in a transaction valued at approximately 500 million dollars, making it the single largest shareholder in the Nigerian energy company. The landmark acquisition was backed by two major African financial institutions, Afreximbank and Africa Finance Corporation, underscoring the growing capacity of […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Nigeria’s local airline capacity falls to 850,420 seats in December

Nigeria’s domestic airline market saw a contraction in December 2025, as total available seat capacity fell to 850,420. Data from OAG’s Africa’s Aviation Market Monthly Airline Data Updates for December 2025 show airline capacity across major African markets, including Nigeria. The figures indicate a 7.5 per cent year-on-year drop, underscoring a slowdown in activity within […]

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