Business

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

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

Contact Info

Some Populer Post

Atiku raises alarm over unexplained deposit into his private

featured Finance

Manufacturers’ confidence rebounded in Q2 despite operating challenges —

Business

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

Finance

Firms expect borrowing costs to ease in coming months

Business featured

Blog

Tech

Natasha Akpoti, Eberechi Eze lead Google’s 2025 searches in Nigeria

Google has unveiled its 2025 Year in Search report for Nigeria, highlighting Senator Natasha Akpoti and footballer Eberechi Eze as the country’s most searched personalities. The annual report reveals the topics that captured Nigerians’ curiosity throughout the year, spanning major news events, prominent figures, entertainment, lifestyle, and frequently asked questions. “This year, Nigerians used Search […]

Guinness Nigeria faces N49bn exchange rate loss
Business

Guinness Nigeria to resume dividend payments after two-year hiatus

Guinness Nigeria Plc is expected to resume dividend payments next year after the beer maker halted payments in 2023. This projection signals a significant recovery for a company that suffered severely from macroeconomic headwinds, which had pushed its retained earnings into negative territory. Analysts at the Lagos-based consultancy CardinalStone indicated the expected resumption in a […]

Foreign airlines increase airfare by 20%
Aviation

Firm urges airports upgrade to boost passenger experience, reduce cost

AVIC-KDN, a global provider of end-to-end airport engineering and operations solutions, has stated that there is an urgent need to enhance Nigeria’s airport efficiency and establish integrated processes that can reduce operational costs to improve passenger experience. Tim Chen, Vice President of AVIC-KDN, spoke at the maiden Nigeria International Airshow in Abuja. He asserted that […]

eTranzact’s revenue rises by 88% in Q3 2023
Business

eTranzact leads ICT profitability with 11.9% net margin — Report

Nigeria’s listed ICT companies recorded significantly different net profit margins in the first nine months of 2025, with eTranzact leading the pack, according to a new analysis by BusinessDay. The data shows that while eTranzact, CWG, and Chams generated revenue, their ability to convert that topline into net earnings diverges sharply, offering investors and market […]

Policy and Regulations

Reps pass bill to protect children from online abuse

A Bill for an Act to provide for the enactment of Child Online Access Protection and other Issues of Online Violence Against the Nigerian Child has successfully passed its third reading in the House of Representatives. The bill, which was sponsored by Rep. Olumide Osoba (APC-Ogun) and Rep. Babajimi Benson (APC-Lagos), received a majority vote […]

Business

Crowdfunding, leasing cheaper than bank loans for SMEs — Experts

Experts have highlighted a widening range of non-bank financing options designed to help small businesses overcome long-standing barriers to obtaining traditional bank loans. Speaking at the 2025 BusinessDay SME Conference and Awards in Lagos, themed ‘Driving Nigeria’s Economy, Empowering SMEs for Global Competitiveness,’ the experts noted that the future of SME funding in Nigeria will […]

Gradual removal of old naira notes continues – CBN
Opinion

‘Detty December’ inflow to boost naira – Analyst

A new report suggests that inflows generated by seasonal activities, particularly the “Detty December” festivities, are expected to provide a boost to the naira after it experienced a mild depreciation last month. According to BusinessDay, analysts at the research unit of the FMDA, in their latest monthly report for November, foresee positive effects from the […]

Entertainment featured

Nigerians streamed 1.3bn hours on Spotify in 2025

Nigerians streamed music and podcasts on Spotify for over 1.3 billion hours in 2025, according to the company’s annual Wrapped report released today. This colossal listening time is roughly equivalent to the number of hours in 149,000 years. The figure marks a sharp increase in consumption, confirming a growing preference and support for local artists […]

Telecommunications

Vodacom to acquire 20% stake in Kenya’s Safaricom

Vodacom Group Ltd, the African subsidiary of Vodafone Group, has reached an agreement to acquire a 20 per cent stake in Safaricom Plc, Kenya’s leading telecommunications operator. Vodacom will purchase a 15 per cent stake from the Government of Kenya for €1.36 billion (KES 204 billion) and a 5% stake from Vodafone for €0.45 billion […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta faces EU antitrust probe over WhatsApp AI use

The European Union has launched an antitrust investigation into Meta over its use of AI features in WhatsApp, as Brussels intensifies scrutiny of United States tech giants. The inquiry will assess whether Meta’s new policy granting AI providers access to WhatsApp potentially violates EU competition regulations, the EU announced Thursday. “The claims are baseless,” a […]

Oil and Gas

FEC sets 2026 oil benchmark at $64, ₦1,512/$ exchange rate

The Federal Executive Council has given its approval to the 2026–2028 Medium-Term Expenditure Framework. This comprehensive document outlines Nigeria’s key economic assumptions, projected revenue outlook, and planned spending priorities for the upcoming three-year period. The Minister of Budget and National Planning, Atiku Bagudu, provided details to journalists following the council meeting on Wednesday, which was […]

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