Business

Sanwo-Olu hails Lagos as Africa’s leading urban powerhouse

  • 6th March 2026

FG introduces system to track visa overstayers

  • 6th March 2026

Textile sector GDP falls to ₦4.384trn in 2025

  • 6th March 2026
Eni gets approval to sell Nigerian Agip Oil to Oando

FG reaches settlement with Eni over OPL 245

  • 5th March 2026

Contact Info

Some Populer Post

Nationwide blackout looms as national grid suffers fresh decline

Electricity featured

FG intensifies push to commercialise university research outputs nationwide

Technology
Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months

Naira holds steady at ₦1,385/$ in March’s first trading

featured Finance

Sanwo-Olu hails Lagos as Africa’s leading urban powerhouse

Business

Tag: Nigeria

Business

Nigeria wins as tribunal dismisses UK tech firm’s $6.2m arbitration

An international tribunal has dismissed a $6.2 million claim filed by European Dynamics UK Ltd against Nigeria over a national e-Procurement project. The decision was announced in a press release issued on February 22, 2026, by Kamarudeen Ogundele, Special Assistant to the President on Communication and Publicity in the Office of the Attorney General of […]

Business

Nigeria considers law bill to regulate AI

Nigeria is poised to enact legislation that would make it one of the first African countries to formally regulate artificial intelligence, strengthening oversight of a rapidly expanding digital market that has seen years of minimal control as global technology firms grew their presence. The proposed National Digital Economy and E-Governance Bill would grant regulators broader […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Nigeria’s local airline capacity falls to 850,420 seats in December

Nigeria’s domestic airline market saw a contraction in December 2025, as total available seat capacity fell to 850,420. Data from OAG’s Africa’s Aviation Market Monthly Airline Data Updates for December 2025 show airline capacity across major African markets, including Nigeria. The figures indicate a 7.5 per cent year-on-year drop, underscoring a slowdown in activity within […]

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
Business

Nigeria’s exports to Africa surge to N4.9 trillion

Nigeria’s exports to Africa in the third quarter of 2025 jumped 97.16 per cent year-on-year to N4.9 trillion, reflecting a strategic shift toward emerging markets, particularly intra-African trade and the BRICS bloc, according to stakeholders. Data from the National Bureau of Statistics showed that Nigerian goods exported to African countries rose to N4.9 trillion in […]

Business

Nigeria-South Africa chamber marks silver jubilee with Lagos gala

The Nigeria-South Africa Chamber of Commerce marked its 25th anniversary with a gala dinner in Lagos, bringing together corporate leaders, diplomats, and government officials to celebrate 25 years of strong economic ties. The milestone event, themed “Building Together,” highlighted the enduring partnership and growing economic collaboration between Africa’s two largest economies, the statement said on […]

Electricity

Nigeria joins unified West African electricity grid

The Nigerian Independent System Operator, in partnership with the West African Power Pool Information and Coordination Centre, has successfully synchronised Nigeria’s national electricity grid with the wider West African power network. The landmark test — conducted between 5:04 a.m. and 9:04 a.m. on Saturday, November 8, 2025 — linked Nigeria, Niger Republic, and parts of […]

Manufacturing sector to benefit most from 5G - GSMA
Telecommunications

5G adoption soars in Nigeria amid infrastructure shortfall – Report

Nigeria is witnessing a rapid surge in the uptake of 5G-enabled smartphones, even as the network infrastructure required to support high-speed connectivity remains insufficient, according to a new industry report. Consumers in major cities including Lagos, Abuja, and Port Harcourt are increasingly purchasing 5G-capable devices, driven by wider availability and competitive pricing. Global forecasts also […]

Business

Nigeria reports 21% drop in oil revenue for Q4 2024

The Federation’s Budget Office reported that the federal government earned N3.34 billion in net oil revenue in the fourth quarter of 2024. According to its Q4 2024 budget implementation report, this amount fell 21 per cent short of the quarterly budget estimate of N4.24 billion. “The actual Net Oil Revenue that accrued into the Federation […]

South Africa to alter taxation laws for remote workers
Business

Nigeria, S’Africa strengthen economic ties at Lagos ministerial roundtable

Nigeria and South Africa have reaffirmed their commitment to strengthening bilateral economic ties during the Ministerial Business Roundtable in Lagos, where leaders from both countries discussed concrete strategies to enhance trade, investment, and industrial development across Africa. The meeting was held on Thursday, at the Rooftop Event Centre, MTN Plaza, Ikoyi, and brought together senior […]

News

Nigeria backs $2tn commonwealth trade initiative to boost economic ties

Nigeria has joined other Commonwealth nations in advancing a $2 trillion trade initiative designed to deepen economic cooperation, enhance resilience, and promote sustainable growth across member states. This was disclosed in a statement issued on Monday by the FCAI Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga. According to […]

Opinion

Nigeria squandered its potential due to poor leadership – Activist

Human rights activist and political commentator Ann-Kio Briggs expressed deep disappointment with Nigeria’s developmental trajectory, asserting that the nation has failed to meet expectations since gaining independence in 1960. Speaking on ARISE News Night on Wednesday, Briggs attributed the country’s stagnation to years of poor leadership and wrong choices that have ultimately squandered Nigeria’s potential. […]

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