Business

Tinubu appoints Abel Enitan as head of civil

  • 19th August 2026

Ekiti approves ₦3bn for new high court office

  • 19th August 2026

How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

  • 19th August 2026

Contact Info

Some Populer Post

Netflix faces trademark lawsuit from metal band Demon Hunter

Business

Tinubu appoints Abel Enitan as head of civil service,

Business

FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Blog

CBN cancels free ATM withdrawals for other banks' customers
News

Bank customers react as CBN scraps free ATM wthdrawals

The Central Bank of Nigeria’s decision to scrap the three free withdrawals previously allowed on other banks’ ATMs, has sparked criticism from bank customers, who argue that it will increase their banking costs, especially for those who rely on other banks’ ATMs for convenience. Customers voiced their concerns on Tuesday after the CBN released a […]

News

Motor insurance vital safety net for road users – AIICO

AIICO Insurance has stated that third-party motor insurance is not just a legal requirement but also a vital protection for all road users. This comes as the police began nationwide enforcement of the policy on February 1, aiming to reduce the number of uninsured vehicles and ensure financial security in case of accidents. Third-party motor […]

Afreximbank creates payment solution to save traders $5bn
News

Nigeria tops Afreximbank beneficiaries with $52bn disbursement

Nigeria has received about $52 billion in total disbursements from Afreximbank, making it the bank’s top beneficiary in Africa. Afreximbank President and Board Chairman, Prof. Benedict Oramah, revealed this on Tuesday during the 2025 Annual Meetings Signing Ceremony in Abuja. Oramah stated that Afreximbank had disbursed at least $140 billion across Africa in the past […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
News

Africa Energy Bank set to begin operations in March

The Africa Energy Bank is set to commence operations in March 2025, as confirmed by Nigeria’s Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri. The bank, headquartered in Abuja, aims to fund oil and gas projects and support Africa’s energy transition goals. This was disclosed by Lokpobiri on Tuesday at the opening of the […]

Onne customs reports N643bn revenue for 2024
News

Customs halts 4% FOB charge implementation

The Nigeria Customs Service has suspended the implementation of the 4% Free-on-Board value charge on imports, as outlined in Section 18(1)(a) of the Nigeria Customs Service Act (NCSA) 2023. In a statement signed by Assistant Comptroller of Customs and National Public Relations Officer, Abdullahi Maiwada, the NCS said the decision followed extensive consultations with Finance […]

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote Refinery cuts diesel price to ₦1,020 for marketers

Dangote Petroleum Refinery & Petrochemicals has reduced the gantry price of its diesel product by ₦55, bringing it down from ₦1,075 to ₦1,020 per litre. In a statement signed by the Head of Media Relations at Dangote Industries, Esan Sunday, the company said the price cut aims to ease costs for manufacturers and other consumers. […]

CBN cancels free ATM withdrawals for other banks' customers
featured

CBN cancels free ATM withdrawals for other banks’ customers

The Central Bank of Nigeria has revised ATM transaction fees, eliminating the three free monthly withdrawals previously available to customers using other banks’ ATMs. This update was announced in a circular signed by the Acting Director of the Financial Policy and Regulation Department, published on the CBN’s website on Tuesday. According to the circular, dated […]

FG bags $2.2bn Sun Africa deal to develop power sector
News

FG allocates ₦100bn for solar mini-grids in public institutions

The Federal Government plans to install solar mini-grids in public institutions nationwide, allocating ₦100 billion under the 2025 budget. The initiative, part of the National Public Sector Solarisation Initiative, aims to lower governance costs by reducing spending on diesel, generators, and maintenance. The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, disclosed this […]

Emirates to resume Nigerian flights Sept 11
Aviation

Emirates, Air Peace partner to expand access to 13 Nigerian cities

Emirates has signed an interline agreement with Air Peace to improve connectivity for travelers to and from Nigeria. The partnership extends Emirates’ network to 13 more Nigerian cities, enabling seamless single-ticket travel and simplified baggage transfers. Emirates announced the partnership in a joint statement on Tuesday by its Deputy President and Chief Commercial Officer, Adnan […]

Raenest secures $11m in Series A funding to expand cross-border payment
News

Raenest secures $11m in Series A funding to expand cross-border payment

Nigeria-based fintech focused on cross-border remittances and multi-currency accounts for businesses and freelancers, Raenest, has secured $11 million in a Series A funding round, bringing its total funding to $14.3 million. The funding round was led by QED Investors, with additional participation from Norrsken22 and follow-on investments from Ventures Platform, P1 Ventures, and Seedstars. This […]

News

US lifts ban on World food programme donations

The World Food Programme announced that it will resume in-kind food aid purchases and deliveries funded by USAID, following the lifting of a pause caused by the Trump administration’s freeze on U.S. foreign aid. This decision comes after concerns from an aid watchdog that the suspension had stranded 500,000 metric tons of food at sea […]

featured

Nigeria to gain from $4.4bn agro-industrial investment

African Development Bank President, Akinwumi Adesina, has announced that Nigeria will benefit significantly from a $4.4 billion investment to expand Special Agro-Industrial Processing Zones across all 36 states and the FCT. Adesina made this disclosure during an interview with Arise TV on Monday, stating that agricultural transformation is key to driving broader economic growth. Launched […]

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