Business

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

Contact Info

Some Populer Post

Canada to admit 230,000 foreign workers through 2026 programmes

Travel

Geregu Power confirms payment of N40bn bond coupon, principal

Business

Femi Otedola’s net worth nears $2bn

Business

Dangote offers East Africa 30% stake in refinery

Oil and Gas

Blog

News

Discos generate N291bn in revenue as power sector crisis lingers

Electricity distribution companies in Nigeria made N291.62bn in the first quarter of 2024 despite widespread blackout in some parts of the country. was even as the nation lost 673 megawatts of power generation capacity due to gas shortages during the period, according to The Punch. The Nigerian Electricity Regulatory Commission reported in a stated that […]

Femi Otedola named 2024 'Investor of the Year'
News

Billionaire Otedola rallies behind Dangote amid refinery controversy

Nigerian billionaire Femi Otedola has rallied behind Aliko Dangote, CEO of Dangote Refinery, amidst ongoing disputes with national oil regulators. In a series of posts on X on Tuesday, Otedola echoed calls from various stakeholders urging the federal government to support industrialists like Dangote, akin to how other nations back their “local champions.” Describing Dangote […]

Spotify launches custom transitions to enhance playlists
News

Spotify surpasses expectations as shares rise to 14%

Spotify has emerged as a standout success story with its recent earnings report igniting a significant surge in its stock value in the digital streaming services sector. On Tuesday, the company announced robust second-quarter results that surpassed expectations across key financial metrics, propelling its shares to a remarkable 14% increase in early trading—a performance not […]

News

Why FG must protect Dangote Refinery — NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has listed important reasons why the federal government should protect local enterprises like the Dangote Refinery. The national president of the association, Dele Oye, stated that undermining a refinery of this size would be counterproductive and detrimental to the interests of the country. He […]

Trapped funds: CBN to give foreign airlines $150m
News

Nigeria’s external reserves hit $37.05bn

Nigeria’s external reserves have climbed once more to $37.05 billion as of July 18, 2024. This disclosure was made by the Governor of the Central Bank of Nigeria, Yemi Cardoso, at a press briefing at the end of the 296th Monetary Policy Committee meeting in Abuja on Tuesday, according to Nairametrics. According to Cardoso, the […]

CBN warns public against fake contracts, grants, intervention fund scams
News

FX inflow via IMTOs reach $1.07bn in three months – CBN

Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn in the first quarter of 2024, from $770.23m recorded in the same period in the previous year. This disclosure was made in the Central Bank of Nigeria’s quarterly statistical bulletin for the first quarter of 2024, recently published on its […]

News

CBN raises interest rate to 26.75% 

The Central Bank of Nigeria Monetary Policy Committee has increased the interest rate from 26.25% to 26.75%, a 50 basis point increase. This was disclosed by the CBN governor, Olayemi Cardoso at the end of the apex bank’s 296th MPC meeting held in Abuja. The MPC has been aggressive in its efforts to control inflation, […]

Google to pay $30m to settle YouTube children’s privacy lawsuit
News Tech

Google halts plan to terminate cookies from Chrome browser 

Tech giant, Google has announced that it will adopt a privacy sandbox strategy in place of the previously announced phase-out of third-party cookies. This was disclosed via a blog post, by the Vice President of the Google-backed Privacy Sandbox initiative, Anthony Chavez. Google’s reversal comes in response to worries expressed by marketers, who claim that […]

News

Senate approves N70,000 minimum wage bill for workers

The Nigeria Senate has approved the bill to increase the national minimum wage from N30,000 to N70,000 on Tuesday. This was disclosed by the Senate President, Godswill Akpabio, following the third reading of the bill during a plenary session in Abuja, according to Nairametrics. The minimum wage review period was shortened from five to three […]

News

NNPCL boss Kyari denies offshore petroleum blending units

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mallam Mele Kyari has refuted any relationship at all between NNPC workers and offshore petroleum blending units which purportedly hinders local procurement of petroleum products. Kyari, addressing the allegations in a post on social media platform X (formerly Twitter) on Tuesday, stated, “I […]

Femi Otedola named 2024 'Investor of the Year'
News

Billionaire Otedola backs Dangote amid clash with NMDPR

Nigerian billionaire Femi Otedola has taken to social media to support Aliko Dangote and his ambitious Dangote Refinery project. Otedola’s endorsement echoed recent sentiments expressed by Akinwunmi Adesina, President of the African Development Bank, who defended Dangote against criticisms of his business practices, asserting that such critiques are misguided and detrimental to Nigeria’s economic progress. […]

Support, don't attack Dangote, Peter Obi tells critics
News

Support, don’t attack Dangote, Peter Obi tells critics

Former presidential candidate of the Labour Party in the 2023 elections, Peter Obi, has emerged as a vocal advocate for the Dangote Refinery project, urging the Nigerian federal government to prioritize support rather than criticism. In a series of tweets on his verified X page on Tuesday, Obi emphasized that the Dangote Refinery represents a […]

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