Business

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Spain to impose border controls on Italian passengers

  • 8th August 2026

Burger King regains second spot in US burger

  • 8th August 2026

Contact Info

Some Populer Post

Iran sets conditions for reopening Strait of Hormuz

News

SERAP urges Tinubu, Atiku, Obi, others to publish assets

featured Opinion

Taraba owes ₦85.51bn not ₦1.2tn, commissioner cites official DMO

featured Finance

NDLEA warns parents over cannabis-laced cookies, gummies smuggled into

featured News

Blog

Grant Nigerians access to mortgages, stakeholders urge FG
News

Grant Nigerians access to mortgages, stakeholders urge FG

Experts have demanded that the Federal Government enact laws that will facilitate Nigerians’ ability to obtain mortgages, hence promoting the development of the built environment. According to The Punch, this happened at the Institute of Mortgage Brokers and Lenders of Nigeria’s recent two-day National Conference on Mortgage and Real Estate in Abuja. The stakeholders recommended that […]

Dangote, PH refineries risk oil shortage due to poor production - FG
Business

Raw materials gulp N534bn in Dangote firm, BUA Foods

More than N534 billion was spent on raw materials by food firms BUA Foods, Dangote Sugar Refineries Plc, and Nason Allied Industries Plc in September 2023. According to The Punch, the three listed corporations spent a total of N534.09 billion on raw materials during the review period. This represents an increase of 18.10 percent over […]

Amazon to make movie on Altman's dramatic OpenAI exit, return
News Tech

Sam Altman discusses return to OpenAI

Recently ousted CEO of OpenAI, Sam Altman, is considering a return to the company after his sack last week Friday. According to a report by Reuters on Sunday, Altman is exploring starting a new artificial intelligence venture a day after being abruptly sacked by the board, which shocked the tech community. Altman is also discussing […]

Rice price to surge by 32% in 2024 – Report
Business

Rice price to surge by 32% in 2024 – Report

The AFEX Wet Season Crop Production Report for 2023 projects that the price of paddy rice will rise by 32% in the 2023–2024 crop production year, while the production output is expected to grow by 3.6%. According to The Times, the report clarified in its outlook for rice production that, in contrast to 2022, when […]

Nigeria needs N500bn to reduce housing deficit - FHA
Housing

Nigeria needs N500bn to reduce housing deficit – FHA

The managing director of the Federal Housing Authority, Gbenga Ashafa, has stated that the authority needs at least N500 billion to effectively lower the country’s homelessness rate. According to The Punch, this came as he disclosed that in the 50 years of the authority’s existence, it has successfully constructed over 149,000 housing units. The MD made […]

ICPC criticizes procurement contracts over integrity gap
Business

ICPC criticizes procurement contracts over integrity gap

The Independent Corrupt Practices and Other Related Offences Commission has joined forces with the Abuja Chamber of Commerce and Industry to address the lack of integrity among contractors involved in procurement processes. According to The Punch, ICPC Head of Procurement, Shintema Binga condemned the lack of integrity in contractor procurement processes during a speech on the […]

MTN internet subscription declines over NIN-SIM linkage
Telecommunications

MTN re-examines tower contracts over fuel, foreign exchange expense

MTN Nigeria is currently renegotiating periodic reviews of the company’s tower contracts. The Punch reported that the company pointed out that these contract renegotiations are critical to lessening the effects of increasing energy prices and FX liberalization. The company made this announcement in light of the recent tower contracts it awarded to ATC and the upcoming […]

SEC closes down firm over illegal investments
Business

SEC to promote infrastructure financing

The director general of the Securities and Exchange Commission, Lamido Yuguda, has stated that the commission’s 2019 focus will be on capital market funding for infrastructure. According to The Punch, Yuguda made this statement at the Capital Market Committee’s third-quarter press briefing, which was conducted in Lagos on Friday. He declared: “The Commission’s objective for 2024 […]

Premium smartphone market to expand by 6% - Report
featured

Smartphone prices surge 30% over high taxes – Report

Nigeria and Sub-Saharan Africa have seen a decline in smartphone adoption due to taxes and duties, as noted by the Global System for Mobile Telecommunication Association. The Punch reported that the GSMA study claims that taxes and duties raise smartphone prices by 10 to 30 percent, depending on the African nation, making the device less accessible […]

Elon Musk’s xAI in talks to raise $10bn at $75bn valuation
News Tech

Disney, others quit X after Musk’s antisemitic comment

NBCUniversal, Warner Bros. Discovery, Disney, Lionsgate, Paramount, and Apple have all suspended ads on the X platform following an antisemitic remark by X CEO, Elon Musk. The actions come after major giants like Apple and IBM made similar choices to stop running advertisements on X, as Axios originally revealed. postings from Apple, IBM, Oracle, Bravo […]

Microsoft will continue relationship with OpenAI - CEO Nadella
News Tech

Microsoft will continue relationship with OpenAI – CEO Nadella

Microsoft CEO Satya Nadella on Friday announced that the company will continue working with OpenAI after the news of Sam Altman’s ouster broke. “We have a long-term agreement with OpenAI with full access to everything we need to deliver on our innovation agenda and an exciting product roadmap; and remain committed to our partnership, and […]

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