Business

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

Contact Info

Some Populer Post

Soviet-era spacecraft ‘likely’ re-entered Earth’s atmosphere – Report 

Tech
Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

GPUs are the ‘currency’ for AI researchers – Nvidia

featured Tech
Speculative FX demands cause of weak naira - CBN

NIMC releases revised price list for NIN services

News
FAAN diverts two Kano-bound aircraft to Lagos over runway light outage

FAAN unveils modern domestic cargo facility in Lagos 

Aviation

Blog

Nigeria expecting $2.2bn loans from World Bank - Minister
News

Nigeria expecting $2.2bn loans from World Bank – Minister

The Federal Government is anticipating approximately $2.2 billion in single-digit interest loans from the World Bank, along with a budget support facility from the African Development Bank. This was revealed by Finance Minister Wale Edun during a press briefing at the conclusion of Nigeria’s participation in the World Bank/IMF Spring Meetings in Washington DC, USA, […]

CAC denies irregular recruitment
News

CAC denies irregular recruitment

The Corporate Affairs Commission refuted allegations of irregular staff recruitment under the leadership of its Registrar-General/CEO, Hussaini Ishaq Magaji, SAN. In a statement released on its official X page on Saturday, April 20, 2024, CAC denied reports online that accused the Registrar of hiring over 100 graduates from his home state of Bauchi. The statement […]

FG awards N200m in grants to 55 researchers, innovators—Bosun Tijani
News

Isa Pantami criticizes Bosun Tijani for Robotics Centre relaunch

Former Minister of Communications and Digital Economy, Isa Pantami, criticized his successor, Bosun Tijani, for relaunching the National Centre for Artificial Intelligence and Robotics. NCAIR was established as a platform to promote research and development in emerging technologies like Artificial Intelligence (AI), Robotics, UAV, and the Internet of Things, focusing on Nigerian national interests. Tijani, […]

JP Morgan CEO Dimon labels Bitcoin scam
News

JP Morgan CEO Dimon labels Bitcoin scam

The Chief Executive Officer of the global banking giant JP Morgan Chase, Jamie Dimon, has labeled Bitcoin as a Ponzi scheme, sparking controversies within both the crypto and financial spheres. Dimon’s recent comments echo his longstanding criticism and skepticism towards cryptocurrencies such as Bitcoin. Dimon’s critique and ongoing campaign against Bitcoin stem from his belief […]

90% of Nigeria's tax revenue comes from nine sources – Wale Edun
News

90% of Nigeria’s tax revenue comes from nine sources – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has highlighted that approximately 90% of tax revenue flowing into the government treasury originates from just nine tax heads. Despite Nigeria having around 80 different taxes and levies, these nine sources significantly contribute to the Gross Domestic Product. Edun emphasized the government’s objective […]

Access Bank nears final stages of National Bank of Kenya acquisition
News

Access Holdings shareholders approve $1.5b capital raising

Shareholders of Access Holdings Plc endorsed the group’s proposal to establish a capital raising programme of up to $1.5 billion, along with a subset initiative to raise up to N365 billion through a rights issue during the 2nd Annual General Meeting held in Lagos on Friday. The proceeds from the rights issue are intended to […]

Banking

Access goes fully digital in N365bn capital raise

Access Holding, the parent company of Nigeria’s biggest bank, Access Bank, has announced a full digital subscription to its N365 billion rights issue. This disclosure was made in a notice filed with the Nigerian Exchange Limited. The firm said it intends to raise N365bn through the issue of shares to strengthen its capital base, support […]

featured

Cooking gas price rises 42.97% – NBS

Alex Omenye The National Bureau of Statistics reported a significant 42.97% increase in the average retail price to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) from N4,610.48 in March 2023 to N6,591.62 in March 2024. This marks a monthly rise of 7.10% from N6,154.50 in February 2024. A state-level breakdown reveals Kano […]

Banking

Adesola Adeduntan steps down as First Bank CEO

The Managing Director of First Bank Nigeria Limited, Dr. Adesola Kazeem Adeduntan, has resigned from the bank after leading the institution for three terms. This was disclosed in a letter addressed to the bank’s board chairman, Tunde Hassan-Odukale titled, according to Thisday. Adeduntan’s tenure ought to elapse on December 31 2024, but the Bank CEO […]

News

EU proposes road network to mitigate smuggling in Nigeria, others

The European Union (EU) has called on Nigeria and nine other neighboring African countries to initiate road networks across specific zones to curb smuggling activities in the region under the Gateway Corridor project. This was disclosed in a statement by the Nigerian Customs Service via a post on its official X handle on Friday. The […]

Economy

FG, states, LGAs share N1.123trn in March

Alex Omenye The Federation Account Allocation Committee has disclosed the distribution of N1.123 trillion to various levels of government in March 2024, sourced from diverse revenue streams including statutory allocations, value-added tax, and electronic money transfer levies. In a statement from the Office of the Accountant General, signed by Director Bawa Mokwa, it was revealed […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Price slash: Dangote denies ‘mischievous’ high sulphur diesel narrative

The Management of Dangote Industries Limited has denied the online report on the sulphur content of its diesel supplied to the Nigerian market by S&P Global. The Dangote Group stated that its refinery was built to produce the highest quality petroleum products which comply with very stringent international standards, describing these allegations as unfounded, baseless, […]

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