Business

Firms expect borrowing costs to ease in coming

  • 7th August 2026

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

Contact Info

Some Populer Post

Naira holds steady at ₦1,368/$ in official FX market

Finance

Firms expect borrowing costs to ease in coming months

Business featured

Freight agents, Customs clash over Single Window rollout

featured Policy and Regulations

Lagos needs 40,000 more doctors, says Sanwo-Olu

featured Helth

Blog

Standard Bank projects $5.1bn capital inflows into Nigeria in Q2
Banking

Standard Chartered exits Cameroon, transfers banking operations to Access Bank

Standard Chartered has officially transferred its banking operations in Cameroon to Access Bank Cameroon, completing the final phase of its planned exit from the market. The move was confirmed in a statement issued on December 5, 2025. The deal forms part of Standard Chartered’s wider strategy to streamline its presence in sub-Saharan Africa, following previous […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira gains stability in official, parallel FX markets

The Nigerian Naira opened trading today, Tuesday, December 9, 2025, maintaining a relatively stable position against the United States Dollar in both the official and parallel markets. Market data indicates a continued convergence between the official Nigerian Foreign Exchange Market rates and the street markets. This trend is driven by recent monetary policy shifts and […]

Electricity

FG completes Geregu plant repairs, injects 450MW into national grid

The Federal Government, through the Niger Delta Power Holding Company, has returned 450MW of generation capacity to the national grid after completing scheduled maintenance on the Geregu NIPP plant in Kogi State. The extended four-week minor inspection, carried out by Siemens Energy, was designed to boost the plant’s reliability and efficiency. The work also increased […]

Ford recalls nearly 1.1m vehicles over rearview camera defect
Business

Renault, Ford partner to expand European EV lineup

Renault Group and Ford have unveiled a landmark strategic alliance to expand Ford’s electric vehicle lineup in Europe and boost both companies’ competitiveness in a fast-shifting automotive market. At the heart of the deal is an agreement to co-develop two Ford-branded electric models built on Ampere’s platform, drawing on Renault Group’s EV strengths. The vehicles […]

Business

Reps summons NNPC CEO over 2021 audit queries

The House of Representatives Public Accounts Committee on Monday ordered NNPC Limited’s Group Chief Executive Officer, Bayo Ojulari, to submit all relevant documents and appear before the committee on Monday, December 15, 2025, in connection with audit queries issued by the Office of the Auditor-General of the Federation for the January–December 2021 period. Committee Chairman […]

featured

$185m, N14.9bn frontier exploration fund released to NNPCL – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has revealed that more than $185 million (approximately N268.4 billion) and N14.9 billion have already been released to the Nigerian National Petroleum Company Limited from the Frontier Exploration Fund. The Commission’s Head of Media and Strategic Communication, Eniola Akinkuotu, made this disclosure in a statement on Monday, responding to recent reports […]

Policy and Regulations

FG updates biotechnology policy to compete in global bioeconomy

The National Biotechnology Research and Development Agency has convened a multi-stakeholder review and validation workshop focused on updating and strengthening the National Biotechnology Policy to reposition Nigeria for participation in the global bioeconomy. The two-day workshop is scheduled for Dec. 8 to 9, 2025, in Abuja, and has gathered government officials, researchers, and experts to […]

featured Finance

10 best-performing stocks on the NGX since 2015

The Nigerian Exchange, since 2015, has expanded by more than 320 per cent. The All-Share Index, which hovered just above 34,000 points in 2015, crossed the 145,000-point mark multiple times in 2025. Based on this trajectory, the market reflects an estimated compound annual growth rate of 14 per cent. BusinessDay reported that over the eleven […]

EU rules out fee for tech giants under digital markets act
Travel

EU plans stricter rules for rejected asylum seekers

European Union member states say they are aiming to tighten the rules for asylum-seekers whose claims have been rejected and process deportations more efficiently. This is according to plans announced on Monday. Danish Immigration Minister Rasmus Stoklund, who chaired the talks, highlighted the current failure rate: “Three in four irregular migrants who have been issued […]

News

SSANU threatens indefinite strike over renegotiation failure

The Senior Staff Association of Nigerian Universities has given the Federal Government up to December 31, 2025, to conclude renegotiation with it, failure which, universities in the country will be shut down indefinitely from January 2026. SSANU also expressed deep concern over the worsening insecurity across the country, especially the spike in kidnappings targeting schools […]

Ban on alcohol in Abuja
featured Policy and Regulations

Saudi Arabia eases alcohol ban for wealthy foreigners

Saudi Arabia, which has banned alcohol for more than 70 years, is reportedly allowing some wealthy foreign residents to purchase whiskey and champagne, according to The New York Times. The store, previously open only to diplomats, has begun selling to non-Muslim foreigners holding “premium residency” permits, as confirmed by five customers who spoke to the […]

Policy and Regulations

FG bans cash payments, mandates digital revenue collection from 2026

The Federal Government is set to implement a full cashless policy for the collection of its revenues, effectively banning cash payments, beginning January 1, 2026. This mandatory reform requires strict cashless collection and involves the introduction of a new mandatory e-receipt system and the full-scale rollout of the Revenue Optimisation Platform. A document released today […]

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