Sunday, June 28, 2026
Oil rises over 1% on expectations of extended output cuts
Oil futures rose on Tuesday to their highest levels in almost six weeks on optimism that OPEC and other producing...
Read moreDetailsFed ministry of works tackles BPP over inflated contracts allegation
The federal ministry of works and housing has picked hole in the Bureau of Public Procurement's (BPP) alleged savings of...
Read moreDetailsShoprite, MTN, Multichoice resume business
Business activities have resumed at various firms owned by South African nationals in Lagos. Checks revealed that the businesses located...
Read moreDetailsBanks’ impairment charges down by 34% to N86bn in six months
Banks’ provision for loan losses have improved significantly as it reduced by 34 percent in the six months ended June...
Read moreDetailsTrade uncertainty rising in Nigeria, says IMF
The International Monetary Fund has expressed concern over the rise in trade uncertainty in Nigeria and many other economies amid...
Read moreDetailsBorder Closure: Traders, consumers lament ripple effects on food items
Omobayo Azeez The closure of land borders ordered two weeks ago by the federal government has exerted unintended consequences on...
Read moreDetailsStop N305/dollar official exchange rate, LCCI tells CBN
The Lagos Chamber of Commerce and Industry has advised the Central Bank of Nigeria to discontinue the official exchange rate...
Read moreDetailsNigerians lament, as food prices soar over Seme border closure
Nigerians are beginning to reel under rising food and commodity prices which have sky rocketed in the last two weeks...
Read moreDetailsCBN: Federally-collected revenue rises by 23% to N932bn
Nigeria’s federally collected revenue (gross) stood at N931.93 billion in July, representing a 22.6 percent increase compared with the N760.08...
Read moreDetailsRecovered loot used to fund annual budget – Minister
Within the last three years, looted funds recovered by the federal government were used to partly finance annual budgets. Abubakar...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.
Renewables account for 15% of global energy use despite record growth, REN21 Says