Business

Nigeria is facing shortage of investment-ready startups, not

  • 28th July 2026

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Contact Info

Some Populer Post

Tinubu to announce fresh salary increase for soldiers —

featured Finance

Naira depreciates further to ₦1,407/$ in parallel FX market

featured Finance

Nigeria is facing shortage of investment-ready startups, not funds

Business featured

Poland seeks ex-justice minister’s extradition from US over ‘funds

News

Blog

Aviation featured

Nigeria flags off RwandaAir on Nigeria–East/Southern Africa air cargo route

Nigeria has officially flagged off RwandaAir’s first dedicated cargo flight on the Nigeria–East/Southern Africa Air Cargo Route, creating a new logistics corridor aimed at boosting trade between Nigeria and key markets across East and Southern Africa. The development was disclosed by the Minister of Aviation and Aerospace Development, Festus Keyamo, on Friday, June 19, during […]

Agribusiness featured

FG to centralise livestock data for better sector planning

The Federal Government has moved to centralise Nigeria’s livestock data through the validation of the National Livestock Information Management System. Nairametrics reported that this was disclosed by the Permanent Secretary of the Federal Ministry of Livestock Development, Dr. Chinyere Ijeoma Akujobi, during a validation session in Abuja. The platform is designed to strengthen data-driven decision-making, […]

News

US military needs $80bn for Iran war — Report

The United States Defence Department will ask Congress to approve around $80 billion to cover costs from the Iran war and other expenses, the Wall Street Journal reported Thursday. President Donald Trump has faced backlash from Americans who accuse him of pouring billions of taxpayer dollars into the Middle East conflict while oil prices and […]

Maritime

Lagos’ ‘Omi Eko’ project to add 75 electric ferries

As part of efforts to develop an efficient, resilient, and affordable water transport system, the European Investment Bank and the Lagos State Government, through the Lagos State Waterways Authority, are partnering on a €170 million initiative aimed at enhancing urban mobility while delivering significant socio-economic and environmental benefits to residents. Speaking on the development, Mr. […]

Scams

EFCC arrests Nigerian-American over $320,000 fraud

The Economic and Financial Crimes Commission, has arrested a Nigerian-American over an alleged cross-border vehicle import fraud involving more than $320,000 (about ₦434.9 million). The agency said this in a statement on its website by its Media and Publicity unit on Friday. It said that the suspect was arrested by operatives of the EFCC Ilorin […]

Oil and Gas

PETROAN urges marketers to reflect crude price drop

The Petroleum Products Retail Outlets Owners Association of Nigeria has urged refiners, depot owners and fuel importers to reflect the recent drop in global crude oil prices in ex-depot and pump prices of petroleum products. Vanguard reported that the National President of PETROAN, Mr Billy Gillis-Harry, made the call in a statement on Friday in […]

Business

Navy seizes 103,500 litres of suspected illegal diesel

The Nigerian Navy has intercepted about 103,500 litres of suspected illegally refined Automotive Gas Oil, also known as diesel, and uncovered a suspected illegal petroleum distribution channel in Rivers State. The discovery was announced by the Director of Naval Information, Capt. Abiodun Folorunsho, in a statement issued on Friday following an operation conducted by personnel […]

Banking

Banks lose ₦134.48bn to fraud within five years — Report

Banks and their customers lost a combined N134.48bn to fraud between 2020 and 2025 amid a significant expansion in digital payments and financial technology adoption across the country, according to data contained in the Central Bank of Nigeria’s Nigeria Payments System Vision 2028 document. The document, obtained by The PUNCH from the apex bank’s website, […]

Tech

Anthropic keeps Mythos AI access open for select firms despite US ban

Some cybersecurity firms and US government-linked organisations have retained access to Anthropic’s most advanced artificial intelligence model, Mythos Preview, despite a US directive that forced the company to suspend broader access to the system on national security grounds. According to a Bloomberg report, Anthropic allowed a limited group of about 200 organisations to test Mythos […]

Business

Hundreds of Nigerians stranded in South Africa as repatriation programme stalls

Hundreds of Nigerians who enrolled in the Federal Government’s voluntary repatriation programme have been left stranded in South Africa without shelter, food, or financial support, according to a report by the News Agency of Nigeria, citing the Nigerian Citizens Association South Africa. The affected Nigerians reportedly became stranded following delays in the scheduled evacuation flights, […]

Oil and Gas

Nigeria can hit 1.9 million bpd crude oil production — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has expressed confidence that Nigeria can increase crude oil production to 1.9 million barrels per day, following recent gains that saw the country attain a peak production level of 1.86 million bpd in May. According to Vanguard, the Commission Chief Executive of NUPRC, Mrs. Oritsemeyiwa Eyesan, disclosed this on […]

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