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

Nigeria’s leading internet service providers are experiencing a steady decline in subscriber numbers, as new data from the Nigerian Communications Commission
News

NCC, states partners to cut double taxing, ROW fees

The Right of Way fees and other various taxes that endanger the nation’s telecommunications operations and investments will be removed, according to the Nigerian Communications Commission, in collaboration with state and local governments. According to the Times, the Executive Vice Chairman of the NCC, Aminu Wada Maida, made this statement on Tuesday during a press conference […]

FG's 1,068 oil projects to generate $22.8bn investments
Oil and Gas

Nigeria’s gas production rises 2.2% in Dec 2023

Nigeria’s gas output increased by 2.2% in December 2023 compared to November 2023, when the country’s oil and gas companies produced 146.991 billion standard cubic feet of gas. The Times reported that this data was obtained from the Nigerian National Petroleum Company Limited. However, according to the NNPC, flares accounted for 7.75% of the 11.646 […]

Aviation ministry gets N40bn approval for NAVAID upgrade
Aviation

Nigeria-Niger Republic flights remain suspended – FG 

The Nigerian Airspace Management Agency played a role in the ongoing prohibition on aircraft travel between the two countries. The PUNCH reported that according to NAMA, exceptional flights, aircraft in a state of emergency, and over-flight aircraft using Nigerian airspace are among the approved exceptions to the embargo. General Abdourrahamane Tchiani succeeded Mohamed Bazoum, the legitimately […]

NNPCL fuel subsidy gains not fully remitted - World Bank
News

Seven Nigerian states to face food crisis in 2024 — W’Bank

Borno, Adamawa, Kaduna, Katsina, Yobe, Sokoto, and Zamfara states are the ones the world bank spoke about. According to the World Bank’s most recent Food Security report, because of armed conflict and other factors that are lowering living standards throughout the area, seven states in the North-west and North-east are expected to be at crisis food […]

Fuel, electricity tariff cap costly, IMF warns Nigeria
News

IMF Projects Nigeria’s inflation rate to drop to 15.5% in 2025

Nigeria’s inflation rate is expected to drop to 15.5 per cent in 2025 and 23 per cent in 2024, according to the International Monetary Fund. The IMF’s Division Chief of Research Department, Daniel Leigh, made a suggestion about this during the recent World Economic Outlook update press conference. As of December 2023, Nigeria’s inflation rate was […]

6000 brands receive certification from SON
News

6000 brands receive certification from SON

The Standards Organisation of Nigeria has demonstrated its dedication to maintaining quality standards in the nation by successfully certifying an astounding 6000 brands. The former director of product certification at SON, Tersoo Iyorshe Orngudwem revealed this information at a retirement celebration in Abuja. According to him, the accreditation is a major step forward in the continuous […]

World Bank bans Nigerian companies, CEO over fraudulent practices
Banking

World Bank MD to visit Nigeria

By Christian George The World Bank’s Managing Director of Operations, Anna Bjerde, will visit Nigeria on February 6, 2024 to meet with ministers and Central Bank of Nigeria governor. Bjerde who is expected to spend two days in the country will focus more on the key pillars of Nigeria’s development strategy. According to a statement, […]

Finance Corporation invests $2bn in Nigeria - Official
News

Finance Corporation invests $2bn in Nigeria – Official

Finance Corporation invests $2bn in Nigeria – Official The International Finance Corporation made $2 billion in investments in Nigeria, distributed among several industries, according to the Regional Vice President for Africa,  Sergio Pimenta. The PUNCH reported that Pimenta made this statement during the recent BoI-IFC Conference on Empowering Futures in Lagos, where participants convened to devise […]

Nigeria-China trade hits $23bn - Envoy
featured

Nigeria-China trade hits $23bn – Envoy

The Chinese Ambassador to Nigeria and Consul General of the People’s Republic of China, Yan Yuqing, estimated that bilateral commerce between Nigeria and China would be $22.6 billion in 2023. The PUNCH reported that Nigeria has continued to be China’s third-largest trading partner in Africa, according to Yuqing. She made this revelation in Lagos during […]

Dangote refinery urges NUPENG, PTD to resolve conflict
News

FG hails Dangote over efforts to diversify economy

The Federal Government has praised the Dangote Group for contributing to the government’s efforts to diversify the country’s economy, as well as the company’s commitment to promoting best practices across all of its enterprises. The PUNCH reported that he appreciated Dangote Group at the same time that the Ogun State Government announced that Dangote Cement, which […]

EFCC investigating Sirika's Nigerian Air deal – Keyamo
Economy

EFCC investigating Sirika’s Nigerian Air deal – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo has disclosed that the Economic and Financial Crimes Commission is investigating the controversial Nigeria Air deal initiated by former Aviation Minister, Hadi Sirika. Keyamo made this known during an appearance on Channels Television’s Politics Today program on Wednesday. Keyamo stated, “There is a criminal investigation going on. […]

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