Business

Italian divers discover 2,000-year-old Roman shipwreck

  • 9th August 2026

Spain checks 200 travellers as Italy border controls

  • 9th August 2026

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Contact Info

Some Populer Post

Italian divers discover 2,000-year-old Roman shipwreck

Business

FMBN launches ₦100m diaspora mortgage scheme for Nigerians in

Housing

NLC demands overhaul of Nigeria’s ‘failing’ energy sector model

Energy

Myspace seeks comeback as algorithms reshape social media

Tech

Blog

Ogun shuts firm over unhealthy practices
News

Ogun shuts firm over unhealthy practices

  By Wilson Adekumola Ogun State Government has closed down a company in Sango-Ota, identified as Solar Energy Ventures Industry Enterprise, over an alleged violation of sanitation regulations. According to The PUNCH, this was disclosed in a statement on Monday by the Senior Special Assistant to Governor Dapo Abiodun on Environment and the Chairman Special […]

SEC charges Tingo Group CEO Dozy Mmobuosi with fraud
News Tech

SEC charges Tingo Group CEO Dozy Mmobuosi with fraud

The CEO of Tingo Group, Dozy Mmobuosi, will face charges from the Securities and Exchange Commission (SEC) of the United States for falsifying financial statements and other records of three Tingo Group companies, including Tingo Mobile and Tingo Foods PLC. Charges against Dozy Mmobuosi and all three of Tingo’s subsidiaries include insider trading, lying to […]

Monthly petrol import drops by 990m litres - Minister
Business

Oil prices surge following Red Sea attacks

Oil prices shot up three per cent Monday as more companies suspended shipping through the Red Sea following attacks on vessels by Yemen’s Iran-backed Huthi rebels. US stocks meanwhile sought to continue last week’s rally on expectations that the US Federal Reserve will cut interest rates next year, though it appears to have lost steam […]

Elon Musk to remove displays of likes, reposts on X
Tech

EU probes Elon Musk’s X for ‘illegal content’

The EU on Monday announced “formal infringement proceedings” against Elon Musk’s X platform under a law cracking down on illegal online content, after identifying disinformation related to Hamas’s October 7 attack in Israel. The action against the company formerly known as Twitter is the first against a major online platform since Brussels implemented the Digital […]

EU probes TikTok over breach of privacy
Business

TikTok removes 1.4m Nigerian user’s videos in Q3 2023

The short video platform owned by Bytedance, TikTok, has reported that during the third quarter of this year, it deleted 1.4 million videos uploaded by Nigerian users. According to The Times, Nigeria was one of the top 50 nations from which videos abusing the site’s policies originated in Q3, the platform claims. During the evaluation period, […]

Core banking will drive growth in 2024 - Vetiva
Banking

Core banking will drive growth in 2024 – Vetiva

Nigerian firm, Vetiva Capital Management has expressed confidence that core banking will drive growth next year. This was stated by the sub-saharan banking research analyst at Vetiva Capital Management, Olumide Sole, during an interview on Arise TV on Monday. Sole claimed that the majority of coverage banks such as Zenith, GTCO, and UBA recorded a […]

Australia researchers build brain-mimicking super computer
News Tech

Australia researchers build brain-mimicking super computer

Australian researchers are developing the first supercomputer in history, capable of simulating networks at the speed of the human brain. An exaflop, or a billion mathematical operations per second, can be processed by the human brain with just 20 watts of power. Known as the Deepsouth supercomputer, Western Sydney University is in charge of its […]

FG targets 6500 megawatts power generation in six months
featured

Electricity subsidies consume N376bn in nine months

The Federal Government spent N375.8 billion on electricity subsidies between January and September of this year, while power customers paid a total of N782.6 billion for the commodity over the same time, according to data released on Sunday. The PUNCH reported that according to the most recent data on power subsidies, which were received in […]

African Alliance reports N7.11bn gross premium income
Business

African Alliance reports N7.11bn gross premium income

African Alliance Insurance Plc’s gross premium income increased to N7.11 billion at the end of the December 2022 fiscal period, up from N7.03 billion in the same period in 2021. According to The PUNCH, this was revealed by the company’s chairman, Ogwemoh Sylva, at its 53rd and 54th annual general meetings in Lagos. Additionally, he […]

NGX Group reports N5.2bn after tax
Banking

Equity market gains N464bn due to positive trading

Investors in the Nigerian Exchange made N464 billion after the exchange recorded four positive trading sessions last week. According to The PUNCH, investors gained N501 billion as a result of the market’s bullish opening and sustained enthusiasm through Thursday. However, Friday’s market drop was caused by sell-offs in a few banking firms. The NGX All […]

Zenith bank eyes Kenyan expansion with acquisition deal
Banking

Directors purchase N841m worth of shares in Zenith Bank

In December, two Zenith Bank Plc directors and the Zenith Staff Provident Fund purchased about N841 million in Zenith Bank Plc shares. The PUNCH reported that the Nigerian Exchange Limited received corporate warnings on insider trading that indicate the staff fund purchased around 16 million bank shares in many transactions between Monday and Wednesday. The shares […]

Deloitte to deploy AI for staff management
News Tech

Deloitte to deploy AI for staff management

Deloitte LLP turned to artificial intelligence to assess the abilities of current employees and create plans that would relocate them from less busy areas of the company to more in-demand ones. The professional services company is betting that technology will enable it to gradually control the expansion of its hiring over time. The actions follow […]

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