Business

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

Contact Info

Some Populer Post

Lagos positioned as Africa’s leading geo-economic hub — Sanwo-Olu

Economy featured

FG approves ₦21.2m Ebola preparedness funds

Helth

Tinubu extends Customs CG Adeniyi’s tenure by six months

News

Only 18% of Nigerian retailers can access formal loans

Finance

Tag: Nigeria

Buhari
Business

Fuel subsidy: Buhari yet to meet criteria for removal, say marketers

  The Independent Petroleum Marketers Association of Nigeria has declared its stand on the subsidy. The Association disagreed with subsidy’s removal, arguing that the current government, President, Major General Muhammadu Buhari (retd.), did not meet the necessary criteria for its removal. The Nigeria Union of Petroleum and Natural Gas Workers stated that it would disclose […]

Director-General, PenCom, Aisha Dahir-Umar
Business

Contributory asset rose above N1tn in one year- PenCom

The Contributory Pension Scheme’s asset rose from N13.76tn as of the the end of February 2022 to N15.45tn February 2023 which account for a N1.68tn increase in one year. PenCom made this disclosure in its unaudited report on the pension funds industry portfolio,  accessed by The Punch. This report covers the period up until February […]

Business

Unemployment will rise to 40.6% in 2023 – KPMG

KPMG has reported that Nigeria’s unemployment rate will continue to rise and hit 40.6% in 2023. This was revealed in the multinational’s latest report titled, “Global Economic Outlook” for the first quarter of the year 2023 accessed by AMBusiness. According to the report, unemployment is projected to persist as a significant challenge in 2023 due […]

A photo of President Buhari and the redesigned note
Uncategorized

Nigeria’s GDP to grow by slow rate of 3% – KPMG

KPMG has estimated that Nigeria’s Gross Domestic Product will have a slow growth rate of 3% in 2023 due to challenges related to the redesign of the naira and the ongoing political transition. This was in its report titled, ‘2023 Global Economic Outlook H1″ accessed by AMBusiness. According to the report the global economic slowdown […]

United Nation's logo
Business featured

Nigeria to save $1.3bn by stopping substandard ACs and Refrigerators – UN

The United Nations Environment Programme has reported that Nigeria could save approximately $1.3bn per annum if it ceases using air conditioners and refrigerators that do not comply with the Minimum Energy Performance Standards. This was disclosed In their report titled “Project Overview of Scaling-Up Energy-Efficient and Climate-Friendly Cooling in Nigeria’s Nationally Determined Contribution Revision,” accessed […]

Dr. Anthonia Alebiosu
Business

FIRS staff wins Africa’s award in taxation

A staff member of the Federal Inland Revenue Service, Dr. Anthonia Alebiosu, has been announced as a winner of the prestigious ‘Forty Under 40 Africa Award’ in South Africa. According to The PUNCH, the event was held in late March, where Dr. Alebiosu won the taxation category of the award, competing against over a thousand […]

Business

SON warns against buying uncertified products

The Director General of the Standards Organisation of Nigeria, Malam Farouk Salim, has urged Nigerians to avoid buying uncertified products that could pose a risk to their well-being. According to The Punch, Salim made this announcement during SON’s Special Day event, which took place on Thursday at the ongoing 34th Enugu International Trade Fair in […]

Debt Management Office,Nigeria
Business

Private sector predicts more hardship as national debt hits N46trn

Members of Organised Private Sector and economists have predicted more hardship for Nigerians and organizations as the total public debt stock increased to N46.25tn in the last of 2022. This comes after the announcement of the the Debt Management Office on Thursday that revealed that Nigeria’s total public debt stock increased to $103.11bn in the […]

Naira redesign: CBN has my approval, Buhari clarifies
Business

Substandard ACs, refrigerators suck Nigerians’ finances – FG

The Federal Government has stated that it will not allow the importation of substandard air conditioners and refrigerators as they strain finances, causing higher energy bills. This followed after the United Nations reported that Nigerians purchase about one million air conditioners annually. According to The Punch, Nigeria government has instructed relevant agencies to ensure that […]

Minister of Communications and Digital Economy, Isa Pantami
Business

FG okays N24.20bn for internet in schools, markets, airports

The Nigerian government gave its approval on Wednesday to allocate N24.20bn for the purpose of providing broadband internet connection to a minimum of 20 airports, 43 schools, and six marketplaces all over the country. The Punch reported that the announcement of the approval was made by the Minister of Communication and Digital Economy, Prof Isa […]

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