Business

Qatar loads first LNG cargo after force majeure

  • 6th March 2026

Ex-AGF seeks FG’s apology after OPL 245 resolution

  • 6th March 2026

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

  • 6th March 2026

FG introduces system to track visa overstayers

  • 6th March 2026

Contact Info

Some Populer Post

Qatar loads first LNG cargo after force majeure declaration

Business

JUST IN: Dangote Refinery raises petrol gantry price to

featured Oil and Gas

Pension assets hit ₦28.04trn in January 2026

Finance
Transcorp Power emerges top NGX weekly gainer

NGX ETFs suffer heavy losses in February despite index

Finance

Tag: Nigeria

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

Telcos lost 12 million subscribers in 2021 over NIN-SIM linkage 

Telecommunication companies lost a total of 12 million internet subscribers in 2021 owing to the policy of  National Identification Number and SIM linkage.   This was according to the Nigerian Communications Commission in its latest report released on Friday titled, “2021 subscriber/network data annual report.”   The report revealed that internet subscribers in 2021 declined […]

Controversy as Seplat disputes ExxonMobil deal cancellation
Business

Seplat Energy boss Brown resigns after court order

The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from his job following the court’s order restraining him from running the organisation for seven days. A statement signed by the Chairman of the board of Seplat, Basil Omiyi, on Friday, reveealed that Brown has  given authority to the Chief Operating Officer, […]

Business

Shell’s oil production drops over insecurity, theft – Report

One of the global energy giants, Shell has said its production in Nigeria dropped by a quarter in 2022 as it continues to fight insecurity and crude oil theft. This was disclosed in the organisation’s annual report released on Thursday accessed by BusinessDay. According to the report, the company said its share of production, onshore […]

Naira and Dollar displayed
Business

Naira gains against dollar at investors, exporters window

  The naira appreciated further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters’ window. A report by the News Agency of Nigeria accessed from The Punch states that there was an increase of 0.05 percent when comparing it to the N461.25 exchange rate on Wednesday. Meanwhile, the open […]

NNPCL moves to sell shares, seeks strategic partners
Business

NNPCL distributes 339m litres of petrol to 63 deports

The Nigerian National Petroleum Company Limited has said that 63 deports across the country have altogether received a total of 339 million litres of petrol in seven days. From the data obtained by The Punch from NNPCL and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the distribution was made to states with Lagos, Delta, […]

Stock Market analysis
Business

Nigeria Stock Market rebounds, gained N107bn

The Nigerian Exchange Limited rebounded again as investors gained N107 billion on Wednesday despite the market’s recorded N1bn loss on Tuesday. The Punch reported that the All-Share index appreciated by 0.35 percent to 55,801.14 and market capitalization increased by 0.35 percent also to N30.397 trillion. Meanwhile, the ASI has moved 4,205.48 points since the start […]

FG owes N100bn electricity bill debt - Distributors
Business

Nigeria secures China funding to fix national grid

The Transmission Company of Nigeria has signed an agreement with a group of Chinese companies to secure funding for the improvement of the strained  National grid. BusinessDay reported that the statement was according to the head of TCN, Sule Abdulaziz at the Middle East Energy Conference, on Tuesday, in Dubai. During a panel session at […]

IMF logo
Business

CBN faults IMF’s report on 24% Anchor Borrowers’ payment 

The Central Bank of Nigeria has revealed that a total of N503bn representing 52.39 percent of the disbursed funds under the Anchor Borrowers’ Programme  has been paid by farmers. This contradicts the claim by the International Monetary Fund that only 24 percent of the loan had been paid. The new development was disclosed in a […]

Logo and the photo of the Central Bank of Nigeria's building
Business featured

Nigeria’s fiscal deficit hits N7.34trn in 2022

The Central Bank of Nigeria in its figure recorded a fiscal deficit of N7.34 trillion between January 2022 and November 2022. The Punch reported that the CBN disclosed this in the statement presented by a Monetary Policy Committee member, Mike Obadan, at the last MPC meeting in January. Meanwhile, fiscal deficit occurs when government revenue […]

Census Ad hoc Staff collating report
Business

Census: FG establishes basket fund donations  

The Federal Government of Nigeria plans to establish a basket fund to receive donations for the 2023 population and housing census. This was disclosed on Monday by the Minister of State for Budget and National Planning, Clem Agba, at a strategic partners engagement to solicit funds for the 2023 census in Abuja. The Punch reported […]

EXXONMOBIL-REFINERY
Business

ExxonMobil to complete sale of shallow water assets soon

Energy leader, ExxonMobil, said it is hopeful to sell its shallow water oil production assets to Seplat Energy soon upon approval from the Nigerian government. This was disclosed in a statement by the President of Global Upstream, Liam Mallon, issued to Reuters. According to Nairametrics, the statement was made ahead of the CERAWeek Energy Conference […]

Bags of Fertilizers
Business Uncategorized

FG to initiate fertilizer subsidy for farmers  

  The Federal Government of Nigeria is making plans to initiate subsidy on fertilizer to farmers in the country through a programme financed by the African Development Bank and International Fund for Agricultural Development. According to The PUNCH, this information was disclosed in the IMF’s Selected Issues paper on Nigeria, prepared by fund’s team as […]

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