Business

Condom prices may rise amid Iran supply disruptions

  • 22nd April 2026

Flutterwave denies reports of $75m FG investment

  • 21st April 2026

Tinubu sacks finance, housing ministers in FEC reshuffle

  • 21st April 2026

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

Contact Info

Some Populer Post

Condom prices may rise amid Iran supply disruptions —

Business

CBN warns Nigerians against fraudulent messages, online scams

Scams
No region has 50% access to healthcare equipment — Report

Stakeholders launch health insurance programme for vulnerable Nigerians

Helth
Crude oil

Crude oil surge boosts Nigeria’s revenue by $4 billion

featured Oil and Gas

Blog

Business

FG to begin Lagos port upgrades in Q2 2026

The federal government has announced that upgrades to Lagos’ Apapa and Tin Can Island ports will begin in the second quarter of 2026 and are expected to be completed within 48 months. On March 19, Nigeria and the United Kingdom signed a £746 million export finance agreement to support the redevelopment of the two key […]

Business opportunities in Nigerian waste collection industry
Business

Waste management key to strong urban governance – LAWMA

The Managing Director and CEO of the Lagos Waste Management Authority, Muyiwa Gbadegesin, highlighted that waste management is a key urban governance challenge, impacting public health, flood prevention, environmental sustainability, and the city’s overall efficiency. He stressed that successful waste management in Lagos depends on the joint responsibility of residents, operators, and government. The LAWMA […]

Business featured

US cuts Nigerian crude imports by nearly half

The United States significantly cut its imports of Nigerian crude oil in January 2026, with purchases falling nearly 47.2 per cent compared to December 2025, according to the latest data from the U.S. Census Bureau and the Bureau of Economic Analysis. The U.S. International Trade in Goods and Services report shows that crude oil imports […]

Electricity

Blackouts: GenCos, DisCos at odds over rejected power supply

Weeks of widespread power outages in Nigeria have intensified scrutiny of the country’s electricity sector, as power generation companies accuse distribution firms of deliberately rejecting allocated electricity loads, which has resulted in significant financial losses. In an interview, the GenCos stated that while gas shortages have reduced output from thermal plants, DisCos are also refusing […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

NCC mandates airtime compensation for network outages

Telecommunications operators in Nigeria are now mandated to compensate subscribers with airtime credits for service disruptions under a new consumer protection framework unveiled by the Nigerian Communications Commission. The regulator stated that affected users in areas impacted by network outages will receive automatic compensation, signalling a tougher enforcement stance on quality-of-service standards across the industry. […]

Electricity

We’re ready to pay high tariff for stable power — FCT residents

Electricity consumers in the Federal Capital Territory say they are willing to pay high tariff for improved and sustainable power supply. According to The News Agency of Nigeria, Consumers who reside in Kuje, Kubwa, Gwagwalada, Lugbe, and Nyanyan spoke in separate interviews with journalists in Abuja on Sunday. Monday Oriafo, a civil servant resident in […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
Banking featured

Banking sector attracts record $13.53bn foreign capital inflows

Foreign capital inflows into Nigeria’s banking sector rose to $13.53 billion in 2025, representing a 93.25% year-on-year increase from $7.00 billion recorded in 2024. According to Nairametrics, this surge occurred as banks intensified capital raising ahead of the Central Bank of Nigeria’s recapitalisation deadline. Latest data from the capital importation report by the National Bureau […]

News

Late-night fire razes Cross River timber market

A late-night fire has gutted the Akim Timber Market in Calabar, destroying goods and property worth millions of Naira and raising fresh concerns over fire safety and emergency response in Cross River State, South-South Nigeria. The blaze, which broke out near the Akim Police Area Command, spread rapidly through the market’s timber structures, leaving traders […]

Scams

NDLEA intercepts consignment with cocaine hidden in stockfish

Operatives of the National Drug Law Enforcement Agency have intercepted a large consignment of cocaine concealed in heads of imported dry stock-fish and arrested a key member of the syndicate involved in shipping the illicit substance across the world, especially to India. NDLEA Spokesman, Femi Babafemi, while making this known on Sunday, said the smashing […]

Business

FG unveils N12bn research scheme to drive digital economy policies

The Federal Government has called for expressions of interest under the National Digital Economy Research Clusters, a N12 billion funding initiative aimed at boosting research and strengthening evidence-based policymaking across Nigeria. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this in a statement issued on Saturday. In line with this, the Ministry […]

Aviation

FAAN to back three domestic airlines as Nigerian flag carriers

The Managing Director of the Federal Airports Authority of Nigeria, Mrs. Olubunmi Kuku, has disclosed that two to three domestic airlines are set to receive targeted support to develop into Nigerian flag carriers. She made this known at the first-quarter Business Breakfast Meeting of the Aviation Safety Round Table Initiative held during the week, according […]

Business featured

Middle East crisis threatens Nigeria’s manufacturing sector, MAN warns

The Manufacturers Association of Nigeria has expressed concern over the potential impact of the escalating military confrontations in the Middle East on the country’s manufacturing sector as possible disruptions to global shipping routes, volatile energy markets, and supply chain bottlenecks. MAN noted, “its vigilance regarding the escalating military tensions involving the United States, Israel, and […]

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