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

Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

Tech
9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

News

Africa can lead AI-driven deep tech, says El Habti

Tech
UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

News

Blog

Transportation

Air passengers grow by 34% in Nigeria, others — IATA

The International Air Transport Association says air travel in Nigeria and other African countries grew by 34.7 per cent in February. The Geneva-based trade association representing over 230 international/global airlines said Africa posted a strong rebound in February 2022 compared to January 2022 while Omicron-related impacts moderated outside of Asia. It added that the war […]

  • kayode
  • 7th April 2022
  • 0 Comments
  • 21 Views
Telecommunications

SIM-NIN: Deactivated subscribers want three-month extension

A large number of telecommunication subscribers trying to link their National Identification Number and Subscriber Identity Module together were left frustrated on Wednesday as heavy traffic on telecom networks slowed down the process. This is coming after the Federal Government through telecom companies barred Nigerians who had not linked their SIMs and NINs together from […]

100% cashless economy possible in Nigeria - Emefiele
Banking

Crypto transaction: CBN fines three banks N800m

The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a Bloomberg report released on Wednesday, the three banks are Access Bank Plc, Stanbic IBTC, and the United Bank for Africa Plc. The report noted that […]

New naira'll make ransom payment difficult - CBN
Banking

CBN warns of illegal firms promising outrageous returns

THE Central Bank of Nigeria has warned the public to avoid dealing with unlicensed or illegal financial operators who lure and defraud unsuspecting members of the public with promises of outrageous returns. The CBN disclosed this in the Financial Services Regulation Coordinating Committee’s public statement advisory on illegal financial operators in Nigeria posted on its […]

Economy

Dangote refinery’ll drive industrial revolution in Africa –FG

THE Minister of Information and Culture, Lai Mohammed, has described the Dangote Petroleum Refinery as a project that will revolutionise the petroleum industry in not only Nigeria, but the rest of Africa by extension. Speaking during a media tour of the 650,000 barrels-per-day, $19bn facility at Ibeju-Lekki, Lagos State,  Mohammed said the refinery would be […]

Economy

Nigeria’s total debt may hit N50tn – Report

THE Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, can hit N50tn within the shortest possible time. The Chief Executive Officer, CPPE, Dr. Muda Yusuf, said this during an event to present the 2022 […]

Ports and Airports

NIMASA denies responsibility as gunboat sinks in Lagos

The Nigerian Maritime Administration and Safety Agency has denied responsibility for a gunboat that reportedly sank in Lagos on Sunday. The NIMASA/Barugu, a gunboat reportedly in the fleet of Global West Vessels Specialists, was alleged to have been parked at the Kirikiri Terminal, behind the NIMASA Resource Centre. In a video circulating online, seafarers onboard […]

Transportation

Train attack: Reps grill security chiefs today

The House of Representatives will on Tuesday grill heads of Nigeria’s security apparatus over the recent attacks on the Kaduna International Airport and the Abuja-Kaduna rail line. Several officials of the House confirmed the rescheduled meeting to our correspondent on Monday. The security chief had last Wednesday failed to appear before the leadership of the […]

Ports and Airports Transportation

Food imports exceed exports by N2.23tn in 12 months

The total international trade in agricultural goods in the country stood at N3.24tn in 2021, with the import value exceeding export value by N2.23tn, findings have revealed. Despite interventions by the Federal Government to diversify the economy and increase food production in the country, security concerns have driven a lot of farmers out of their […]

  • kayode
  • 4th April 2022
  • 0 Comments
  • 19 Views
Economy Policy and Regulations

FG grants three-year tax relief to 33 companies, bars 10 firms

The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. This was contained in the quarterly PSI reports released by the Nigeria Investment Promotion Commission. The reports also revealed that investments made by the 33 companies during the year amounted to N543.88bn. It also […]

Banking

CBN imposes heavy sanctions on banks over mutilated notes

The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks. To this end, the CBN has warned banks to stop including composed currency notes in their deposits or risk paying a penalty of 400 per cent of the value of the […]

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