Business

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

NAFEM turnover hits $1.41bn, highest in weeks

  • 18th August 2026

US states seek major changes as Meta child

  • 18th August 2026

Elon Musk’s fortune jumps $30.7b in just 24

  • 18th August 2026

Contact Info

Some Populer Post

US states accuse Meta of hiding Instagram addiction research

Tech

NERC gives Kaduna DisCo 12 months to restore growth

Electricity

S’African Standard Bank in talks to buy stake in

Banking

NSDC mobilises $1bn for sugar self-sufficiency

Business

Blog

News

Arik Air plane makes emergency air return to base

A Boeing aircraft operated by Arik Air made an air return on Thursday morning following the detection of an indication light suggesting a potential fire in the aft cargo area. An air return is the situation in which an aircraft returns to landing at a departure airport, but did not originally intend to. The incident […]

Trump opens TikTok account amid pending ban deadline
News

US Congress moves on with TikTok sale

Efforts to compel ByteDance, the Chinese owner of TikTok, to sell the popular social media app or face a ban in the U.S. gained momentum in Congress on Thursday. The House of Representatives scheduled a vote for Saturday on the matter, while a key Senate Democrat expressed support for the initiative. Included in a comprehensive […]

Stability AI lays off staff in restructuring move
News

Stability AI lays off staff in restructuring move

Stability AI is undergoing a restructuring process that will involve staff layoffs, according to Reuters on Thursday. This move follows the resignation of founder Emad Mostaque as CEO several weeks ago. The restructuring reflects a new direction for the AI startup following Mostaque’s departure and the challenges posed by competitors like OpenAI, creator of ChatGPT, […]

Binance working with Nigeria govt to resolve exec's detention, CEO says
News

Binance working with Nigeria govt to resolve exec’s detention, CEO says

The CEO of cryptocurrency exchange Binance addressed the detention of its head of financial crime compliance by Nigerian authorities, stating that the company is actively collaborating with them to address the matter. Tigran Gambaryan, the executive in question, along with another Binance official, are facing allegations of laundering over $35 million, with the court adjourning […]

Meta plans fourth AI overhaul in six months
News

Meta launches early version of Llama 3 AI model

Meta unveiled early versions of its latest large language model, Llama 3, along with an image generator that updates images in real time while users type prompts, in a bid to keep pace with market leader OpenAI in the generative AI space. These models will be integrated into Meta’s virtual assistant, Meta AI, which the […]

US drops lawsuit against Binance
Crypto

Abuja court denies Binance executive bail

A Federal High Court in Abuja has further postponed the bail application of the Binance executive, Tigran Gambaryan even as he remains in custody at the Kuje correctional centre. Following the counsel of the Economic and Financial Crimes Commission, Iheanacho, Justice Emeka Nwite was persuaded to adjourn proceedings to give Iheanacho more time to deal […]

NLC threatens strike over pension fund, issues seven-day ultimatum
News

Labour congress protests Heritage Bank’s termination of contract staff

The Labour Congress on Thursday, staged a picket at the headquarters of Heritage Bank in Victoria Island, Lagos, in response to the termination of employment contracts for 1,000 support workers. Led by the National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, the protest aimed to address the […]

News

FCCPC seals Abuja supermarket over unfair practices

The Federal Competition and Consumer Protection Commission has sealed 4U Supermarket formally known as Amigo Supermarket in Abuja over unscrupulous conduct. In the report, during the enforcement exercise by FCCPC officials in the Federal Capital Territory on Thursday, the supermarket was shut down because of unfair practices allegedly committed by its management, nairametric. FCCPC officials […]

News

Transcorp Hotels divest interest in Calabar subsidiary

Transcorp Hotels plc, the hotel subsidiary of Transnational Corporation plc, announced that it had sold its 100% shareholding in Transcorp Hotels Calabar Limited to Eco Travels and Tours Limited, an indigenous hotel operator. This disclosure was made in a notice, the company filed with the Nigerian Exchange Limited on Thursday. In the statement signed by […]

News

Diesel prices surged to N1,341/litre in March 2024 – NBS

The average retail price of Automotive Gas Oil also known as Diesel paid by consumers soared by 59.51% year-over-year, increasing from N840.81 per litre in March 2023 to N1341.16 per litre in March 2024. The price increased by 6.69% month to month from N1257.06 in February 2024 to N1341.16 in March of that year. The […]

Binance working with Nigeria govt to resolve exec's detention, CEO says
Crypto

Binance to re-enter India after paying fine $2m

Alex Omenye The world’s largest cryptocurrency exchange, Binance, is poised to re-enter the Indian market after agreeing to pay a $2 million fine and registering as a Financial Intelligence Unit firm, as per a recent report. Following a crackdown by India’s Financial Intelligence Unit, Binance and nine other crypto exchanges were removed from the Apple […]

FG moves to restrict Binance, other crypto platforms
Business

Binance shifts billion-dollar emergency fund to USDC

Binance has undergone a shift by converting its entire pool of assets held in the Secure Asset Fund for Users into USDC, the stablecoin issued by US firm Circle Internet Financial. In the past, Binance has held TUSD, BNB, Bitcoin, and Tethers USDT funds in its wallet, according to Bloomberg. SAFU was set up in […]

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