Business

Spain deploys military to Ceuta as migrant surge

  • 31st July 2026

MTN posts record N1.09tn H1 profit before tax

  • 31st July 2026

Naira hits N1,834 against British pound

  • 31st July 2026

NNPC absorbs 1,000 interns into workforce after training,

  • 31st July 2026

Contact Info

Some Populer Post

Anthropic’s Claude breached three live systems during cybersecurity tests

Tech

Apple warns chip shortages could hit future iPhone, MacBook

Tech

Spain deploys military to Ceuta as migrant surge leaves

Business

MTN posts record N1.09tn H1 profit before tax

Business

Blog

Silicon Valley Bank
Business

Silicon Valley Bank failed over rising interest rate – Report 

A tech-heavy lender, Silicon Valley Bank, was closed down on March 10, 2023 and taken over by United States regulators owing to rising interest rates and others. SVB is popularly known to be a financial partner of the innovation economy. Before its closure on Friday, it supports individuals, investors and tech-innovative companies to achieve scaling […]

The old 500 and 1000 naira noted
Business

Oyebanji urges Ekiti businesses to accept old notes

Ekiti State Governor, Biodun Oyebanji, has urged residents of the state to continue to accept the old naira notes as they are legal tenders following the Supreme Court judgment of its validity till December 2023. The Punch reported that Oyebanji implored business owners to keep abiding by the law and order of the state in […]

Many gathered to protest against pension reform
Business

French pension protests enter day seven

France workers have on Saturday set out to protest against President Emmanuel Macron’s pension reform plans, the seventh movement since its announcement. This is happening alongside the ongoing strike in the nation affecting refineries, public transport and the collection of garbage, Reuters reported. It was reported that the protest started at 10 a.m in the […]

NCC, Telecom operators urge states to review policies for broadband expansion
Business

Telcos lost 12 million subscribers in 2021 over NIN-SIM linkage 

Telecommunication companies lost a total of 12 million internet subscribers in 2021 owing to the policy of  National Identification Number and SIM linkage.   This was according to the Nigerian Communications Commission in its latest report released on Friday titled, “2021 subscriber/network data annual report.”   The report revealed that internet subscribers in 2021 declined […]

Silicon Valley Bank
Uncategorized

Regulators shut, put Silicon Valley Bank for sale

California banking regulators have on Friday closed down Silicon Valley Bank Financial Group, making it the largest bank failure since the financial crisis. According to Reuters, the regulatory body immediately made moves to protect depositors at the startup-focused lender. The Federal Deposit Insurance Corporation was appointed receiver by the regulator, placing the tech-heavy lender into […]

FG, AfDB discuss Coastal, trans-sahara highway projects funding
Banking

AfDB launches $5.9m financial support program for Africa

In order to strengthen the collaboration between African nations in the battle against illicit financial flows, the African Development Bank has announced the beginning of the African Financial Integrity and Accountability Support Project. The Coalition for Debate on Africa and the AfDB will join to launch the project with a $5.9 million project, according to […]

Controversy as Seplat disputes ExxonMobil deal cancellation
Business

Seplat Energy boss Brown resigns after court order

The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from his job following the court’s order restraining him from running the organisation for seven days. A statement signed by the Chairman of the board of Seplat, Basil Omiyi, on Friday, reveealed that Brown has  given authority to the Chief Operating Officer, […]

KEDCO laments low revenue generation
Electricity

KEDCO laments low revenue generation

The Kebbi Central Area Office of Kaduna Electricity Distribution Company has voiced concern for collecting less than 27% of its monthly revenue target. The manager of the Kebbi Central Area Office, Ishaq Ishaq-Gwamna, made this announcement on Thursday while speaking with reporters in his Birnin Kebbi office. The journalists were there to get clarification on a variety […]

Business

Ford to layoff 1,100 workers in Spain

One of the leading automakers, Ford, plans to layoff 1,100 workers at its plant located in Valencia in eastern Spain, according to one of its spokesmen. According to Reuters, the spokesperson said that the job cuts which were shared with the union are part of the company’s plan to make changes to its car production […]

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