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All Posts in "Business"

Fidelity Bank raises N259bn in private placement

Fidelity Bank raises N259bn in private placement

Fidelity Bank Plc has raised N259bn through a Private Placement of ordinary shares, significantly boosting…
by Onah Daniel Oita — January 7, 2026 in Business
Rand Merchant Bank Nigeria meets CBN recapitalisation threshold

Rand Merchant Bank Nigeria meets CBN recapitalisation threshold

Rand Merchant Bank Nigeria Limited has announced meeting the new minimum capital requirement as set…
by Onah Daniel Oita — January 6, 2026 in Business
Nigerians cut household spending by N14tn as inflation bites hard

Nigerians cut household spending by N14tn as inflation bites hard

Household consumption in Nigeria slumped sharply in real terms in 2024 as rising prices eroded…
by Onah Daniel Oita — January 6, 2026 in Business
NNPC subsidiaries’ debt balloons 70% to N30tn

NNPC subsidiaries’ debt balloons 70% to N30tn

Despite its transition into a commercial entity, the Nigerian National Petroleum Company Limited is grappling…
by Onah Daniel Oita — January 5, 2026 in Business
Dangote pumps 43 million litres, denies petrol shutdown

Dangote pumps 43 million litres, denies petrol shutdown

Officials of the the Dangote Petroleum Refinery have said that the plant pumped 43.3 million…
by Onah Daniel Oita — January 5, 2026 in Business
FirstBank to host economic outlook event for 2026

FirstBank to host economic outlook event for 2026

In a statement, the bank announced that the Nigeria Economic Outlook 2026 will take place…
by Onah Daniel Oita — January 5, 2026 in Business
Afrinvest renames Optimus, targets broader digital investors

Afrinvest renames Optimus, targets broader digital investors

Investment management firm Afrinvest has announced the rebranding of its digital investment platform, Optimus by…
by Onah Daniel Oita — January 3, 2026 in Business
Insurance firms project N10.59bn combined Q1 profit

Insurance firms project N10.59bn combined Q1 profit

Nigerian insurers are projected to record a combined Profit After Tax of N10.59bn for the…
by Onah Daniel Oita — January 3, 2026 in Business
Bank recapitalisation to drive bullish capital market, says CBN

Bank recapitalisation to drive bullish capital market, says CBN

The Central Bank of Nigeria has projected that the Nigerian capital market will remain bullish…
by Onah Daniel Oita — January 2, 2026 in Business
Recapitalisation: Banks to intensify fundraising as CBN deadline nears

Recapitalisation: Banks to intensify fundraising as CBN deadline nears

The analysts at Coronation Asset Management have projected increased capital market activities as banks push…
by Onah Daniel Oita — January 2, 2026 in Business

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About AmehNews

The Rise of The Ameh News

In the early 2006s, the digital era was transforming the way Nigerians consumed news. Amidst the cacophony of emerging platforms, The Ameh News quietly launched with a singular mission: to deliver accurate, timely, and impactful stories that cut through the noise.

At first, the site was a modest project driven by a small but passionate team of journalists. They worked tirelessly, often burning the midnight oil to curate stories that not only informed but empowered readers. Unlike many of its contemporaries, Ameh News rejected sensationalism, choosing instead to highlight the intricate dance of business, economy, and policy that shaped Nigeria’s future…Continue Reading

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