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

World

US-Israel-Iran war: UK to meet 35 nations for Hormuz Strait reopening

Britain will this week hold a meeting of about 35 countries to discuss how to reopen the strategic Strait of Hormuz which has been crippled by the Middle East war, Prime Minister Keir Starmer announced Wednesday. United Kingdom Foreign Secretary Yvette Cooper will host the discussions, Starmer told reporters during a Downing Street press conference, […]

Dangote Refinery loses N32.5bn after petrol price cut
Business

Dangote cargo reaches UK as Europe looks beyond Middle East

Nigeria is increasingly serving as an alternative supplier of aviation fuel to Europe, as tensions from the US-Iran conflict disrupt Middle East supplies. A recent cargo from the Dangote Petroleum Refinery has already arrived in the United Kingdom. Several European countries are now sourcing aviation fuel from the facility, particularly amid the supply tightness triggered […]

Army discovers stolen 1m litres crude oil in Rivers
News

101 illegal refineries dismantled, 219 arrested in Q1 2026 – DHQ

The Defence Headquarters announced that Operation DELTA SAFE troops dismantled 101 illegal refining sites and apprehended 219 individuals involved in crude oil theft and related crimes during the first quarter of 2026. The Director of Defence Media Operations, Maj.-Gen. Michael Onoja, revealed this at a quarterly media briefing on Tuesday in Abuja, noting that military […]

Salesforce announces over 1,000 job cuts amid AI expansion
Tech

Salesforce reinvents Slack with advanced AI capabilities

Salesforce, the cloud software powerhouse, is reshaping its business around AI. At a small event in San Francisco, United States on Tuesday, CEO Marc Benioff and his team showcased the latest outcomes of that push: an upgraded version of Slack packed with new AI capabilities. The standout feature is a major overhaul of its AI […]

Business

PenCom lifts age limit on personal pension plan for students, newborns

The National Pension Commission has removed the age restriction on its Personal Pension Plan, enabling students and even newborns to start saving for retirement. Director-General Omolola Oloworaran announced the change following the second Pension Industry Leadership Council meeting in Lagos on Tuesday. With this update, Nigerians of all ages can now participate in the personal […]

Electricity

NERC urges faster meter installations to close Nigeria’s metering gap

The Nigerian Electricity Regulatory Commission has called on electricity distribution companies and meter asset providers to speed up meter installations to help close the country’s metering gap. In a statement released online on Tuesday, the commission said the announcement followed a recent NESI Metering Stakeholders’ Meeting, which aimed to enhance coordination among key industry players, […]

Business

FG raises gas price for power generation to $2.18/MMBTU

Nigeria’s fiscal burden from power sector subsidies is set to rise after the Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority, raised the price of natural gas for electricity generation to $2.18 per million British thermal units. The NMDPRA confirmed the adjustment in a public statement signed by its Chief Executive, Saidu […]

Oil and Gas

Nigeria oil exploration dropped 45% in February 2026 — NUPRC

Nigeria’s oil exploration declined by 45 per cent month-on-month in February 2026, driven by reduced upstream activities. Data from the Nigerian Upstream Petroleum Regulatory Commission showed that the nation’s rig count, a key indicator of upstream oil and gas activity, fell to 22 in February 2026, down from 40 recorded in January 2026. Although the […]

Aviation

NANTA slams foreign airlines over dollar-denominated ticket sales

The President of the National Association of Travel Agents of Nigeria, Yinka Folami, has criticised some foreign airlines for insisting on dollar-denominated ticket sales, describing the move as “disrespectful” to Nigeria. He warned that the practice erodes national sovereignty and puts additional pressure on the naira. Folami spoke at a press conference ahead of the […]

Opinion

Edun urges Africa to halt $88bn annual illicit financial flows

The Federal Government has called for urgent action to tackle Illicit Financial Flows across Africa, which drain the continent of $88 billion annually. Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun, made the call while speaking at the opening of the 5th Sub-Committee on Tax and IFFs of the African Union’s […]

featured Finance

Naira opens Q2 2026 at ₦1,385/$ as market remains calm

The Naira began the new month and the second quarter of 2026 with a show of resilience, trading within a stable range against the United States Dollar. Market activity on Wednesday, April 1, 2026, reflects a balanced landscape as the Central Bank of Nigeria continues to navigate liquidity management and inflationary pressures. At the Nigerian […]

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