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All Posts in "Business"

Power: GenCos invoices fall N80.56bn on weak demand

Power: GenCos invoices fall N80.56bn on weak demand

The total invoice issued by power generation companies fell by N80.56bn in the third quarter…
by Onah Daniel Oita — January 8, 2026 in Business
SIFAX targets expansion with innovation strategy

SIFAX targets expansion with innovation strategy

SIFAX Group has opened the 2026 business year with a strong declaration of intent. This…
by Onah Daniel Oita — January 8, 2026 in Business
Apapa Customs reports N2.93tn revenue in 2025

Apapa Customs reports N2.93tn revenue in 2025

The Nigeria Customs Service, Apapa Area Port Command, has stated that it collected a total…
by Onah Daniel Oita — January 8, 2026 in Business
Consumers pay N1.13tn electricity bill despite blackouts

Consumers pay N1.13tn electricity bill despite blackouts

Electricity distribution companies in Nigeria collected a total of N1.13tn in revenue from their customers…
by Onah Daniel Oita — January 7, 2026 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

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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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