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All Posts in "Business"

GenCos lose N2.3tn to stranded power as grid bottlenecks persist

GenCos lose N2.3tn to stranded power as grid bottlenecks persist

Power-generating companies in Nigeria have lost a staggering N2.31tn over the last twelve years due…
by Onah Daniel Oita — November 3, 2025 in Business
CBN reforms drive FX inflows amid global oil slump

CBN reforms drive FX inflows amid global oil slump

With global oil prices plunging to around $64 per barrel, well below Nigeria’s $75 budget…
by Onah Daniel Oita — November 3, 2025 in Business
Dangote Sugar grows revenue to N626bn in Q3

Dangote Sugar grows revenue to N626bn in Q3

Dangote Sugar Refinery Plc has reported revenue of N626.24bn for the nine months ended September…
by Onah Daniel Oita — November 3, 2025 in Business
Stakeholders advocate modernisation of transport infrastructure

Stakeholders advocate modernisation of transport infrastructure

Stakeholders in Nigeria’s transport sector have called for deeper collaboration, innovation, and investment to drive…
by Onah Daniel Oita — November 1, 2025 in Business
UBA records N538bn profit after tax in Q3

UBA records N538bn profit after tax in Q3

The United Bank for Africa Plc has reported a profit after tax of N537.53bn for…
by Onah Daniel Oita — November 1, 2025 in Business
Transcorp President urges faster energy access to drive Africa’s growth

Transcorp President urges faster energy access to drive Africa’s growth

The President/Group Chief Executive Officer of Transcorp, Dr Owen Omogiafo, has called for urgent action…
by Onah Daniel Oita — November 1, 2025 in Business
Recapitalisation: Lasaco Assurance raises N11.1bn via private placement

Recapitalisation: Lasaco Assurance raises N11.1bn via private placement

Lasaco Assurance has announced raising about N11.1bn in fresh capital via private placement ahead of…
by Onah Daniel Oita — October 31, 2025 in Business
Dangote refuses to buy NNPC refineries, taunts DAPPMAN

Dangote refuses to buy NNPC refineries, taunts DAPPMAN

The President of the Dangote Group, Alhaji Aliko Dangote, has rejected suggestions that he could…
by Onah Daniel Oita — October 31, 2025 in Business
Oando records 164% surge in profit after tax

Oando records 164% surge in profit after tax

Indigenous energy group, Oando PLC, has recorded a 164 per cent increase in Profit After…
by Onah Daniel Oita — October 31, 2025 in Business
Access Holdings Records N3.9 Trillion Gross Earnings In Nine Months

Access Holdings Records N3.9 Trillion Gross Earnings In Nine Months

  Access Holdings PLC (“the Group” or “the Company”) today announced its nine-month ended September…
by Onah Daniel Oita — October 31, 2025 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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