Business

Cutix Plc reports ₦47.90m loss after 2025/2026 revenue

  • 31st May 2026

Honeywell Flour Mills reports ₦21.9bn profit before tax

  • 31st May 2026

First HoldCo assures shareholders of dividend payments resumption

  • 31st May 2026

NNPC revenue surges 79% to N4.97tn in April

  • 31st May 2026

Contact Info

Some Populer Post

Cutix Plc reports ₦47.90m loss after 2025/2026 revenue decline

Business

Power outages cost Nigerian firms 3% annual sales —

Electricity

Cristiano Ronaldo named world’s highest paid athlete for sixth

featured Sport

Honeywell Flour Mills reports ₦21.9bn profit before tax

Business

Tag: Nigeria

News

Trade costs in Nigeria, Ethiopia higher than in US — W’Bank

The World Bank has stated that the cost of trade in Nigeria and Ethiopia is four to five times higher than what is obtained in the United States due to insecurity, higher transportation costs, topography, and poor road infrastructure. The Global lender pointed out in the Africa Pulse published on Monday that price differences between […]

Aviation

Delta Air will remain premium carrier for Nigeria passengers – Director

United States-based global carrier, Delta Air Lines, has renewed its commitment to remain a premium carrier of choice for Nigerian passengers as air traffic continues to grow across countries after the COVID-19 pandemic. This was disclosed by the Director of Sales, Europe, Middle East, Africa, and India, at Delta Air Lines, Paul Hassenstab, during a […]

Aviation

Air Peace’s first London flight spur excitement

The excitement of the weekend’s full flight to London by Air Peace was noteworthy in Nigeria. To celebrate this occasion of its inaugural flight to London, the airline held a brief ceremony at  Murtala Muhammed International Airport New Terminal, BusinessDay. Some of the dignitaries present at the occasion include Festus Keyamo, the Minister of Aviation […]

News

Femi Agbaje named Notore Chemical Industries chair

Notore Chemical Industries Plc has announced the appointment of Mr. Femi Agbaje as the Chairman of the Board of Directors until the Completion of the Company’s ongoing Private Placement Transaction. This was disclosed in the company’s notice to the Nigerian Exchange Limited and the investing public. According to the statement signed by the Group Chief Legal […]

Economy

Nigeria earned N2.33tn from VAT, CIT in Q4 2023 – NBS

Nigeria’s economy witnessed a significant influx of revenue from Value Added Tax and Company Income Tax in the fourth quarter of 2023, according to the latest figures released by the National Bureau of Statistics. In the final quarter of the year, the combined VAT and CIT collections amounted to approximately N2.33 trillion, according to nairametrics. […]

featured Uncategorized

Nigeria’s crude oil output drops 7% in February – OPEC

Nigeria’s crude oil production, excluding condensate decreased month-on-month by 7 per cent to 1.3 million barrel per day in February 2024, from 1.4 million barrels per day recorded in January; despite the efforts of the federal government to increase oil production. This was disclosed by the Organization of the Petroleum Exporting Countries in its March […]

Nigerian banks involved in 70% of financial crimes - EFCC
News

Nigerian banks involved in 70% of financial crimes – EFCC

The Economic and Financial Crimes Commission on Monday indicted the banks in relation to about 70 percent of Nigeria’s banking offences. This was disclosed by Ola Olukayode, Chairman EFCC, while speaking in at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria, in Abuja, according to […]

Developers lament price surge, failing revenue
Real Estate

Developers lament price surge, failing revenue

Developers are worried about how growing building material costs may affect their bottom line. The PUNCH stated that, during the launching of Kingsize Place in Oregun-Ikeja, Lagos on Saturday, they voiced their concerns. Developers are facing difficulties due to the growing cost of construction materials, according to CEO of Hontar Projects, Deji Fasunwon. He stated, […]

IMF backs CBN on interest rate hike
Business

IMF doesn’t publish exchange rates – Rep

The International Monetary Fund Resident Representative for Nigeria, Christian Ebeke, stated in a statement on Friday that the IMF does not release exchange rate projections. According to Nairametrics, this announcement followed a flurry of headlines in the Nigerian press that cited the IMF for exact exchange rate estimates between the US dollar and the naira […]

Nigeria to address demands of beverage workers - Minister
featured News

Nigeria to address demands of beverage workers – Minister

The Coordinating Minister for the Federal Ministry of Health and Social Welfare, Prof. Ali Pate, has pledged that the ministry would make every effort to resolve the complaints brought up by the Food, Beverage, and Tobacco Senior Staff Association members. ARISE TV reported that, the minister made this statement to association members who had gathered […]

Investors lose N67bn as market dips
Business

Investors lose N67bn as market dips

By Melvin Onwubuke   The Nigerian stock market could not maintain the early trading trend as it returned to the red zone with equity investors loosing N67 billion on Thursday. The market capitalization settled at N55.40 trillion as selloffs in insurance, consumer goods and banking sectors hauled the All-Share Index to a 0.12 percent closing […]

Business

Manufacturing sector’s FDI rises by $644m – NBS

Foreign investments in Nigeria’s manufacturing sector increased by $644 million in 2023 to $1.5 billion from $948 million in the previous year. According to the PUNCH, the industry with the greatest investments is manufacturing, which came on top recorded in NBS’s capital importation report. The industries comprising the top three investment magnates were banking and […]

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