Business

Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

Contact Info

Some Populer Post

Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

featured Helth

Blog

featured News

Fire razes textile shops in Lagos

Textile material shops were destroyed in a fire outbreak in Lagos after a three-storey commercial building housing the items was gutted by flames in the early hours of Saturday. The Lagos State Fire and Rescue Service disclosed this in a statement issued by its Controller General, Margaret Adeseye. According to the agency, the incident occurred […]

Polaris Bank names Chinwe Iloghalu new Executive Director
Banking

Polaris Bank restricts VULTe access for four-day system upgrade

Polaris Bank has informed customers that access to its digital platform, VULTe, will be restricted for four days due to a planned system upgrade. The temporary disruption is part of scheduled maintenance designed to enhance the platform’s performance and improve overall user experience. The bank disclosed this in a notice issued to customers via email. […]

Banking

Wema Bank posts N221.8bn audited 2025 profit before tax

Wema Bank Plc has posted a profit before tax of N221.8 billion in its audited 2025 financial results, slightly below the earlier unaudited figure of N222 billion. The audited performance marks a 116.44 per cent increase from the N102.5 billion recorded in 2024, driven largely by a significant rise in interest income, which accounts for […]

Business featured

NRS takes over mineral royalty collection nationwide

The Nigeria Revenue Service has assumed responsibility for collecting mineral royalties from mining operators nationwide following the implementation of the Nigeria Tax Laws 2025. The move was disclosed after a meeting in Abuja between Solid Minerals Minister Dele Alake and NRS Chairman Zacch Adedeji, according to a statement issued Friday by Dare Adekanmbi, adviser to […]

Travel

ICYMI: Nigerians seeking Portuguese residency to pay €500,000

Nigerians seeking Portuguese residency through the country’s golden visa programme now face a minimum investment threshold of €500,000 ($572,000) and a permanent ban on using property purchases to qualify. This followed a series of reforms by the Portuguese government introduced in phases between January 2022 and October 2023 and finalised in the first quarter of […]

List of Nigerians who own private jets
featured News

Iran shoots down US fighter jet, rescue mission begins

A United States fighter jet has been shot down over Iran and a search-and-rescue operation is underway for any survivors, two U.S. officials told Reuters on Friday, in the first such known incident since the war began nearly five weeks ago. According to Reuters, the Pentagon and U.S. Central Command did not respond to requests […]

News

Two-storey building collapses in Abuja, workers feared trapped

A two storey building under construction has collapsed in Jikwoyi, a suburb of the Federal Capital Territory, Abuja, trapping an unspecified number of workers. Eyewitnesses report that the incident occurred around 11:30 a.m. on Friday 3rd April, 2026. Officials from the National Emergency Management Agency are currently at the scene, working to manage the situation […]

Finance

Trump seeks $1.5trn 2027 defence budget amid Iran war

The White House sent a spending proposal to lawmakers Friday calling for a massive $1.5 trillion United States defense budget next year as it faces increased costs due to the war in Iran. The total year-on-year increase in Pentagon spending would be the largest since World War II, US media reported, although presidential budgets are […]

Banking

CBN sets April 30 deadline for banks’ stress test reports

Nigeria’s lenders are under pressure to meet an April 30 deadline set by the Central Bank of Nigeria to submit Board-approved Risk-Based Capital stress test reports, marking a tougher phase of oversight after the industry’s recapitalisation exercise. The directive, issued March 6, 2026 requires banks to assess how their capital positions would hold up under […]

Banking featured

Flutterwave secures Nigerian banking license in bold expansion move

Flutterwave, Africa’s leading payments technology company, has secured a Nigerian banking license, enabling it to hold funds and deposits directly and strengthening its financial infrastructure in its largest market. The landmark announcement comes after the company processed over $40 billion in payments and enabled more than one billion unique transactions, making financial services and settlement […]

Why farmers need to adopt new farming methods - Oyo
Electricity

Oyo begins 12MW gas power project for economic growth

Oyo State Government on Thursday restated its determination to build a reliable and sustainable power infrastructure that will move the people from poverty to prosperity. The State Commissioner for Energy and Mineral Resources, who also serves as Acting Chairman of the Oyo State Electricity Regulatory Commission, Dahud Shangodoyin, made this known in a statement released […]

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