Business

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

Contact Info

Some Populer Post

Canada visa wait-time rises for Nigerian applicants — IRCC

Travel

Firms, households expect inflation pressures to ease further —

Economy

Trump signs new executive order banning birth tourism

Travel

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

Business

Blog

How Isreal-Palestine conflict affected gas spot prices - Report
Oil and Gas

How Isreal-Palestine conflict affected gas spot prices – Report

Liquefied Natural Gas spot prices have soared by more than 40% since the start of the Israel-Hamas conflict on October 7, when Hamas attacked festivalgoers. According to S&P Global Commodity Insights, spot Liquefied Natural Gas prices increased to $18.345/MMBtu on October 16. The Israel-Hamas confrontation, which intensified on October 7 and resulted in geopolitical concerns and […]

Australia fines X $385,000 for sexual abuse content violations
featured

Australia fines X $385,000 for sexual abuse content violations

  Australia’s internet safety watchdog has fined Elon Musk’s X (formerly known as Twitter) for failing to demonstrate its efforts in cracking down on child sexual abuse content. The ESafety commissioner, Julie Inman Grant, imposed a fine of AUD 610,500 (USD 385,000) on the social media platform, citing concerns about “empty talk” regarding the issue. […]

Nigerians spent N509.84bn on electricity in Q4 2024 - NERC
Electricity

Power consumers paid N268bn electricity bills in Q2 – FG

The Federal Government announced on Monday that power users spent N267.86 billion on electricity bills in the second quarter of this year. According to The Punch, this information was provided by the Nigerian Electricity Regulatory Commission in its recently issued report for the second quarter of 2023, which also discussed the effectiveness of electricity distribution […]

Equity market loses N92bn as stocks tumbles
Business

Stock market loses N89bn as inflation reaches 26.72%

Investors lost N89 billion as the Nigerian Exchange Limited started the week’s first trading session in the red. According to The Punch, inflation for September was reported by the National Bureau of Statistics at 26.72 percent, which is an increase of 0.92 percentage points above August’s inflation rate of 25.80 percent. The top four categories […]

Parallex bank gets CBN nod to collect NESS fees
Banking

Parallex bank gets CBN nod to collect NESS fees

The Nigerian Central Bank has given Parallex Bank permission to collect fees for the Nigeria Export Supervision Scheme. The approval was granted in a circular signed by Dr. W.J. Kanya on behalf of the apex bank’s Director of the Trade and Exchange Department. Parallex Bank Limited was added to the list of recognized banks permitted to […]

NERC makes N5.63bn in 2023 Q3
Electricity

Power firms may disconnect Ajaokuta Steel over N25bn debt – NERC

The Federal Government has been informed by power distribution companies via the Nigerian Power Regulatory Commission that its facility, Ajaokuta Steel Co. Ltd, may be disconnected from the national grid if its electricity bills totaling N25bn are not paid. The warning was contained in NERC annual reports made available to journalists on Monday, according to […]

Nigeria to earn N2.5tn from blue economy - NIS boss
Business

Nigeria to earn N2.5tn from blue economy – NIS boss

The Acting Comptroller General of the Nigeria Immigration Service, Caroline Wura-ola Adepoju, has disclosed that if the Blue Economy is used effectively, Nigeria has the potential to produce N2.5 trillion. According to The Times, she stated the fact that 80% of products and services entered the country by water transportation and expressed worry about the contamination of […]

Twitch unveils stories feature
News Tech

Twitch unveils stories feature

Social network, Twitch is introducing stories to allow users to interact with their audience even when they are not live. The Twitch mobile app allows Partners and Affiliates who have streamed at least once for 45 minutes or more in the previous 30 days to publish tales that may be viewed by any of their […]

Netflix begins cloud gaming service testing
News Tech

Netflix begins cloud gaming service testing

Netflix is now starting to test its cloud gaming service in the United States after conducting limited trials in Canada and the United Kingdom. The streamer has acquired gaming studios and licenced games from individual creators as part of the service, an expansion of the company’s mobile gaming activities that started in 2021. The goal […]

LinkedIn lays off 688 workers
News Tech

LinkedIn lays off 688 workers

Microsoft’s LinkedIn announced on Monday that it would lay off 668 workers from its engineering, talent, and finance teams in the second round of job layoffs this year. The job losses, which affect more than 3% of the 20,000-person workforce, are in addition to the tens of thousands of jobs lost in the IT sector […]

Binance opens crypto trading to Syrians after US lifts sanctions
News Tech

Binance halts new sign ups in UK

The cryptocurrency exchange Binance said on Monday that it will stop taking on new signups in the UK. The change complies with a new legislation that limits countrywide promotions from foreign digital asset enterprises. According to a message on Binance’s website, new users in the UK won’t be allowed to register on the platform after […]

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

Netflix to increase price after password-sharing crackdown

Netflix is set to lay the groundwork for price rises following its crackdown on password-sharing, which likely increased subscribers by approximately 6 million in the third quarter. In order to reach the more than 100 million users who use its service without subscribing, Netflix, the only profitable major streamer, has restricted password sharing outside of […]

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