Business

Trump opposes global rules to regulate AI

  • 22nd September 2026

Petrol stations risk licence revocation over under-dispensing –

  • 22nd September 2026

FG to install 300 containers of equipment to

  • 22nd September 2026

Black employees allege racism at Tesla factory

  • 22nd September 2026

Contact Info

Some Populer Post

Trump opposes global rules to regulate AI

Business Tech

OpenAI opens AI models to third-party safety assessments

Tech

Anthropic unveils cheaper AI model ahead of potential IPO

Tech

Petrol stations risk licence revocation over under-dispensing – NMDPRA

Business

Blog

Naira falls N777 against dollar after CBN announcement
Economy

Dollar may hit N700 by Q4 2022 – BDC

Major players in the Bureau de Change market have lamented the rise in the dollar, saying the foreign currency price could get to N700 before the end of the year. According to The Punch, the pressure on the foreign exchange market continued on Tuesday, with the dollar exchanging at N615 at the parallel market in […]

NAICOM house
News

NAICOM cancels licences of Standard Alliance, Niger Insurance

The National Insurance Commission has cancelled the Certificates of Registration of Niger Insurance Plc and Standard Alliance Insurance Plc. The regulator of the insurance industry disclosed this in a statement by the Head, Corporate Communications and Market Development, Rasaaq Salami. The statement was titled ‘Notice of cancellation of the Certificates of Registration of Niger Insurance […]

Sustainable approaches vital for food safety – Tinubu’s daughter
News

Sustainable approaches vital for food safety – Tinubu’s daughter

The President-General of the Nigerian market women and men association, Chief Folashade Tinubu-Ojo, has harped on the need for sustainable approaches to ensuring food safety in the nation. Folashade Tinubu-Ojo who was represented by Mrs. Mojisola Odusanya said this during a webinar series organized by PUNCH Media Foundation themed, “Food security, nutrition, and food safety: the role […]

Buhari unveils SDG financing framework
News

FG scoops over N2tn from marginal oil fields sale

A new report has revealed that the Federal Government may have raked at least N2tn from the 2020/2021 marginal oil field bid rounds. In the Nigerian context, marginal fields include fields with reported reserves and production potential, which are however deemed marginal for a variety of reasons. Notably, marginal fields exist under current Oil Mining […]

Afreximbank creates payment solution to save traders $5bn
Banking

Afreximbank creates payment solution to save traders $5bn

In order to facilitate instant cross-border payments in local African currencies, the African Export-Import Bank has created a payment solution platform, Pan-African Payment and Settlement System. This was announced by the CEO, PAPPS, Mike Oghalu, while speaking at the post-annual general meeting of the International Chamber for Commerce of Nigeria in Lagos. The PUNCH reported […]

Electricity

Consumers kick as DisCos’payment to Gencos drop by 50%

Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50 per cent. According to industry data, DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As a result, the generation companies recorded a 50 per cent revenue shortfall. A breakdown of the data showed […]

FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators
Oil and Gas

FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators

Oil operators on Sunday revealed that the Federal Government spends N40.1bn daily when subsidising every litre of Premium Motor Spirit, popularly called petrol by at least N600. According to data obtained from the Nigerian National Petroleum Company Limited, this also means that the government is spending about N1.243tn on fuel subsidies every month. Also, the […]

  • enitan
  • 27th June 2022
  • 0 Comments
  • 254 Views
Oil production: Angola, Libya overtake Nigeria, says OPEC
Energy

57 investors get oil field licences Tuesday –FG

Successful investors in Nigeria’s 57 marginal oil fields of the 2022 bid round would get their various Petroleum Prospecting Licences on Tuesday, the Federal Government has said. On May 31, 2021, the defunct Department of Petroleum Resources issued letters of award to investors for the production of crude oil from 57 marginal fields. In January […]

Buhari unveils SDG financing framework
News

Buhari approves N41.6bn for presidential power programme

The President, Major General Muhammadu Buhari (retd.), has approved and released $100m as a take-up grant for the Presidential Power Initiative. It was also learnt that the $100m (N41.6bn at the official exchange rate of N415.63/$) was part of the $200m approved by the President for the programme, as the balance alongside additional would come […]

eNaira hits 905k downloads
Banking

eNaira may drop remitting cost to Nigeria —IMF

Washington-based lender, the International Monetary Fund, has disclosed that central bank digital currencies could drop the cost of sending and receiving the money to Nigeria and other Sub-Saharan African countries. It stated that Sub-Saharan Africa is the most expensive region to send and receive money, with the average cost pegged at a little under eight […]

China boosts ties with Nigeria, unveils new trade association
Economy

China boosts ties with Nigeria, unveils new trade association

In a bid to strengthen the Nigeria-China relationship, the Counsel General of the People’s Republic of China, Chu Maoming inaugurates Nigeria Anhui Entrepreneurs. According to ThisDay, the association was inaugurated at an elaborate ceremony in Oriental hotels, Victoria Island, Lagos, recently. The association’s Chairman, Wu Da Yang restated that move was thought of to further […]

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