Business

Electric car demand rises in Europe amid Middle

  • 20th April 2026
Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar plans ₦500bn rights issue for growth

  • 20th April 2026
EU rules out fee for tech giants under digital markets act

EU antitrust chief rejects push to relax merger

  • 20th April 2026

Brent nears $95 over fears of US-Iran ceasefire

  • 20th April 2026

Contact Info

Some Populer Post

WhatsApp rolls out voice note transcription feature in India

Meta expands subscription strategy with WhatsApp Plus trial

Tech

Dispatch rider killed by speeding NIPCO tanker in Lagos

Transportation

Tankers turn back as Hormuz crisis deepens shipping chaos

Oil and Gas

Electric car demand rises in Europe amid Middle East

Business

Blog

Instagram developing ‘Picks’ feature to connect users over shared interests
Tech

Instagram enhances content restrictions for teens in India

Instagram has expanded its redesigned Teen Accounts feature in India, introducing tighter content controls aligned with standards for films rated 13+. The move is aimed at ensuring that young users are shown age-appropriate content by default. With the update, all users under 18 will automatically be placed in the revised 13+ content category. Teens will […]

Science

Artemis II astronauts return after historic Moon voyage

The crew of NASA’s Artemis II mission will return to Earth on Friday, April 10, concluding their landmark voyage around the Moon. The homecoming will feature a fiery re-entry as the spacecraft races through Earth’s atmosphere before splashing down in the Pacific Ocean. The splashdown is slated for 8:07 p.m. ET on April 10 (5:07 […]

Business

Oil sector reforms attract $24bn new capital – NNPCL

NNPC Limited has said recent reforms in the oil and gas sector have attracted over $24 billion in new investments, with an additional $10 billion currently in the pipeline, as Nigeria pushes toward its three million barrels per day production target. The Group Chief Executive Officer, Bayo Ojulari, disclosed this on Thursday at the 2026 […]

Nigerian telecom users may pay higher charges in new tax law
Telecommunications

Telecom operators lose 656 critical power assets to theft – Report

Telecommunications operators in Nigeria are facing rising infrastructure theft, with data from the Nigerian Communications Commission showing that 656 critical power assets were stolen from telecom sites nationwide in 2025. The figures include 152 generators and 504 batteries, heightening concerns over network reliability and service quality. The problem also extends beyond these assets, with widespread […]

Business

Reforms attract over $10bn investment in upstream oil sector – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission says recent reforms have attracted more than $10 billion in upstream oil and gas investment. Chief Executive of NUPRC, Mrs Oritsemeyiwa Eyesan, disclosed this on Thursday in Abuja at the Society of Petroleum Engineers Nigeria Council’s Oloibiri Lecture Series and Energy Forum 2026. She said the reforms, developed with […]

Business

FG begins assessment of $200bn integrated infrastructure proposal

The Federal Government has set up a technical committee to assess a proposed $200 billion integrated gas, power, and high-speed rail project submitted by De-Sadel Nigeria Limited. This was disclosed in a statement released on Thursday by the Office of the Secretary to the Government of the Federation. The proposal features a multi-phase infrastructure plan […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

CBN warns banks against excessive risk-taking after recapitalisation

The Central Bank of Nigeria has cautioned that stronger capital buffers must not encourage excessive risk-taking, advising bank boards to reassess their risk appetite frameworks and ensure capital is deployed in ways that support long-term value creation. The apex bank issued the warning after the completion of the banking sector recapitalisation exercise, which significantly improved […]

Aviation

Nigeria risks losing airspace surveillance service, NAMA warns

Concerns are mounting in Nigeria’s aviation industry after the Nigerian Airspace Management Agency warned that the country may soon struggle to effectively monitor aircraft within its airspace due to ageing radar systems. Air traffic controllers who depend daily on the Total Radar Coverage of Nigeria system say the challenges are becoming increasingly pronounced. NAMA Managing […]

Electricity

NERC orders TCN to cut grid losses to 6.5%

The Nigerian Electricity Regulatory Commission has directed the Transmission Company of Nigeria to cut transmission losses on the national grid to 6.5 per cent by December 31, 2026, as part of efforts to enhance efficiency and transparency in the power transmission network. In an order dated April 8, 2026, the commission stated that the move […]

NITDA to develop blockchain "Nigerium" for data Security
Business

Cyberattack cover-ups must end, NITDA warns organisations

The National Information Technology Development Agency has called on organisations to desist from concealing cyberattacks, following a recent breach that affected a bank and spread to connected platforms, including Remita. The agency cautioned that failure to disclose such incidents heightens risks across Nigeria’s increasingly interconnected digital ecosystem. Meanwhile, the Nigeria Data Protection Commission has launched […]

featured

FG reaffirms drive to strengthen national power sector

The Managing Director and Chief Executive Officer of the Federal Government of Nigeria Power Company, Kenny Anuwe, has reaffirmed President Bola Tinubu’s administration’s commitment to strengthening electricity supply across the country. Anuwe said the government recognises that reliable power is essential to national development and has been making significant investments to tackle persistent challenges in […]

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