Business

NNPCL targets four FIDs by 2025, posts N5.89tn

  • 12th June 2025

FCCPC unveils taskforce to combat counterfeit products nationwide 

  • 12th June 2025

Mauritius firm to acquire 26% stake in Nigerian

  • 9th June 2025
Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

UK regulator partner Nvidia to allow banks experiment

  • 9th June 2025

Contact Info

Some Populer Post

Donald Trump earns $600m from crypto, others in 2024

Donald Trump earns $600m from crypto, others in 2024

News
OpenAI to maintain ties with Scale AI despite Meta’s acquisition

OpenAI to maintain ties with Scale AI despite Meta’s

News

ACCI urges Nigeria, others to maximise space economy opportunities

News
Tesla partners Baidu to enhance self-driving system

Tesla’s robotaxi lauch sparks protest in US

Tech

Blog

Economy News

Nigeria can’t track importers of substandard products –SON

The Director-General of the Standards Organization of Nigeria, Farouk Salim, has said that in Nigeria, no one is tracking importers of substandard goods. Salim said this in Lagos during a stakeholders sensitisation forum, tagged, “Standards save lives, grow the economy”. He also said that the essence of the sensitisation with stakeholders was to communicate and […]

Pension remittances: 20 firms default, pay N211.5m penalty
News

PFAs invest N74.54bn in infrastructure, investors eye pension funds

Pension Fund Administrators invested N74.54bn in infrastructure from the N13.76tn under the Contributory Pension Scheme as of the end of February 2022. This was contained in the latest figures obtained from the National Pension Commission. Investors have continued to lobby operators of the scheme to pump more of the funds into infrastructure development. The Governor […]

NCC, Telecom operators urge states to review policies for broadband expansion
Telecommunications

Vandalism, hostile community, setbacks to telecoms industry – NCC

The Nigerian Communications Commission has urged Nigerians to protect telecommunications infrastructure, saying that vandalism, theft, and hostility from the host community are among the major setbacks to the telecoms industry. The Director, Zonal Operations, NCC, Amina Shehu, said this at a sensitisation programme organised by the commission at Wannune, Tarka Local Government Area of Benue […]

inflation
Economy

Inflation hits 15.92%, highest in five months

Nigeria’s Consumer Price Index rose to 15.92 per cent in March, latest figures from the National Bureau of Statistics show. This new rate is the highest the country has recorded since November 2021, when inflation rate dropped to 15.99 per cent. The rise in the inflation rate in March shows that Nigeria is not left […]

News

FG probes Indorama, Total, 10 others over expatriate quota

The Federal Government has identified Indorama Eleme Petrochemical Limited, International Business Machines West Africa, Stallion Motors Limited, Liaoning-Efacec Electrical Equipment Co. Nig. Ltd; and Total Nigeria Plc, for allegedly abusing the Expatriate Quota Positions in the country. Other companies under investigation include AMNI, Sinohydro Zungeru Hydroelectric Power Project Company Limited, Alliance Nigeria Insurance Limited, Yinson […]

Transportation

LCC postpones resumption of tolling at Ikoyi Link Bridge

The Lekki Concession Company Limited, the operators of the Ikoyi Link Bridge and the Admiralty Circle Plaza, has postponed the resumption of tolling at the Ikoyi Link Bridge. LCC Managing Director, Yomi Omomuwasan, announced the postponement in a statement on Friday night, adding that a new resumption date would be announced. The postponement followed several […]

  • kayode
  • 15th April 2022
  • 0 Comments
  • 57 Views
News Transportation

Heavy security as tolling resumes at Lekki-Ikoyi bridge

There was heavy security at the Lekki-Ikoyi Link Bridge on Friday ahead of the resumption of toll payment on the bridge. It was gathered that no fewer than five security vehicles and many policemen have been stationed on the bridge. The Lekki Concession Company had announced that it would resume toll operations at the Lekki-Ikoyi […]

Nigeria, Morocco commence 5,600km gas pipeline project
News

NNPC to deliver $2.6bn gas pipeline Q1 2023

The Nigerian National Petroleum Company Limited and its contractor handling the bulk of the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, Oilserv Limited, on Thursday stated that natural gas would be transported through the AKK pipeline in the first quarter of 2023. Both firms made stated this during an inspection tour of the construction work on the […]

Naira falls N777 against dollar after CBN announcement
Economy News

Naira exchanges 590 to dollar ahead of Easter

The naira slumped further and exchanged to the dollar at 590 on Thursday at the parallel market ahead of the Easter festive period. Some Bureau de Change operators who spoke to our correspondent said the dollar was bought and sold at 585 and 590 on Thursday. On Monday, the naira had earlier traded to the […]

Economy News

How Nigeria can lower debt service-to-revenue –DMO

The Debt Management Office has said that Nigeria can lower its debt service-to-revenue ratio if it generates higher revenue like Ghana, Kenya, and Angola. According to the DMO, while Nigeria has a revenue-to-Gross Domestic Product ratio of nine per cent, Ghana, Kenya and Angola have a revenue-to-GDP ratio of 12.5 per cent, 16.6 per cent, […]

Trapped forex: Expert pushes for ticket purchase in dollars
Aviation News

Airlines, agents to begin sale of tickets in dollar

Some of the foreign airlines flying into Nigeria will on April 19 begin the sale of their tickets in dollar amid the worsening shortage of foreign exchange in the country. The development came as foreign carriers’ unremitted ticket sale proceeds in Nigeria reportedly hit $283m (about N116.87bn) recently. It was learnt on Wednesday that international […]

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