Business

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

Contact Info

Some Populer Post

US military needs $80bn for Iran war — Report

News

Lagos’ ‘Omi Eko’ project to add 75 electric ferries

Maritime

EFCC arrests Nigerian-American over $320,000 fraud

Scams

PETROAN urges marketers to reflect crude price drop

Oil and Gas

Blog

Adobe founder John Warnock dies at 82
News Tech

Adobe founder John Warnock dies at 82

Co-founder of Photoshop creator, Adobe John Warnock, has passed away on Saturday at the age of 82, the business announced in a statement early on Sunday. His death’s cause wasn’t made public. Adobe CEO Shantanu Narayen wrote in an email to staff, “It is a sad day for the Adobe community and the industry for […]

Twiga fires 283 employees, cites tough business environment
News Tech

Twiga fires 283 employees, cites tough business environment

African e-commerce food distribution company, Twiga will reduce one-third of its 850 staff as the company undergoes operational restructuring as a result of challenging market conditions. Twiga has been “on a transformative path in the last few months to become a lean, agile, cost-efficient organisation,” according to the company’s CEO, Peter Njonjo, who spoke with […]

Russian Luna-25 spacecraft collides with the moon
News Tech

Russian Luna-25 spacecraft collides with the moon

Russia has reported the Luna-25 spacecraft that had been launched earlier this month has collided with the moon. “The apparatus moved into an unpredictable orbit and ceased to exist as a result of a collision with the surface of the moon,” Roscosmos said in a statement on Sunday. The autonomous robot lander fell after spinning […]

Niger gov Bagi approves N900m for W'Bank's Agro-climate project
News

Niger gov Bagi approves N900m for W’Bank’s Agro-climate project

The payment of N900 million as a counterpart fund for the World Bank’s Agro-Climatic Resilience in Semi-Arid Landscapes project has been ordered by Niger State Governor, Mohammed Umar Bago. According to Nairametrics, he delivered this command at the start of the distribution of agricultural inputs and seedlings organized by Fadama and ACReSAL in Minna, which will benefit […]

Why CBN won't print naira again - Budget minister
featured

FG spent N74bn on new naira, others – CBN report

The Central Bank of Nigeria and its subsidiary spent roughly N74.84 billion in 2022 on the production and distribution of currencies, including new naira notes. Despite the naira shortage that gripped the country in the latter months of 2022, the CBN spent 40.42 percent more on currency rollout than it did on N53.29 billion the […]

Canadian minister urges Meta to unblock users
News Tech

Canadian minister urges Meta to unblock users

Canadian Heritage Minister Pascale St-Onge has called on Meta to unblock Canada so the country can share information ravaging western Canada. Meta on August 1 banned Canadians from viewing or sharing news content on its platforms after the country after the country passed a law on June 1 that required companies like Meta to pay […]

Oil and Gas

Nigeria lost 165k oil barrels daily in five months – Report

Nigeria lost 165,000 barrels per day due to crude oil production disruptions between January and May 2023. The African Energy Chamber gave this information in its Q2 State of African Energy report, which was published in August 2023. According to the research, Nigeria’s unplanned outages from January through May cost the nation roughly 165,000 bpd […]

Netflix's ad-supported subscription plan rises to 94m users
News Tech

Netflix debuts games in Canada, others

Netflix users in Canada and the UK may be able to play Netflix games on some TVs as well as on their PCs and Macs in the upcoming weeks, according to the streaming giant. Netflix games were introduced in 2021 and up to this point could only be played on mobile devices. This deployment will […]

Nigerian banks lose N9.5bn to e-fraud so far in 2023
Banking

Nigerian banks lose N9.5bn to e-fraud so far in 2023

Banks in the country have reportedly lost over N9.5 billion so far in 2023, according to the Nigeria Inter-Bank Settlement System. The managing director of NIBSS, Premier Owoih, said this at the third-quarter meeting of the Nigeria Electronic Fraud Forum, which was held in Lagos. The MD, represented by Temidayo Adekanye, the NIBSS Chief Risk Officer, raised concerns […]

Patricia converts all users' Bitcoin, Naira to token
News Tech

Patricia converts all users’ Bitcoin, Naira to token

Nigerian crypto platform, Patricia has converted all outstanding Bitcoin and naira balances in every user’s wallet to the company’s token. The BTC and other tokens its users possess have been changed to the Patricia Token or PTK via the retail trading software Patricia. PTK was characterised as a stablecoin backed by the dollar in a […]

CBN's exchange rate unification effort already yielding dividends - CIBN
Business

CBN’s exchange rate unification effort already yielding dividends – CIBN

The Chartered Institute of Bankers of Nigeria has applauded President Bola Tinubu’s efforts to stabilize Nigeria’s exchange rate and noted that the Central Bank of Nigeria’s initial efforts are already paying off. This was revealed by its President/Chairman, Dr. Ken Opara, at the 2023 Lagos Bankers event on Friday night in Lagos, which had as its […]

No customs duty, VAT on CNG conversion kits imports- Presidency
News

No customs duty, VAT on CNG conversion kits imports- Presidency

The importation of compressed natural gas conversion kits into the country is exempt from both customs duties and value-added taxes. This was expressed by the president’s special adviser on media and publicity, Ajuri Ngelale, in an interview that was broadcast on Channels Television on Friday night. He claimed that this is being done to increase the country’s […]

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