Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

Contact Info

Some Populer Post

RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

Blog

featured

Hackers steal $130m in Bitcoin from Coldcard wallets

Hackers have stolen an estimated $130 million worth of cryptocurrency by exploiting a security flaw in Coldcard hardware wallets, raising fresh concerns over the safety of offline digital asset storage. Blockchain security firms said at least a dozen hacking groups are targeting Bitcoin owners who use Coldcard wallets, a hardware device manufactured by Coinkite and […]

Tech

Apple seeks court order to block OpenAI AI device development

Apple has intensified its trade secrets lawsuit against OpenAI by seeking a preliminary injunction to prevent the artificial intelligence company from advancing the development of an AI device or other products that Apple alleges are based on its proprietary technology. In a new court filing, the iPhone maker also requested expedited discovery from former Apple […]

Tech

Amazon faces antitrust lawsuit over treatment of delivery contractors

The Attorney General of the U.S. state of New Jersey, Jennifer Davenport, on Tuesday filed an antitrust lawsuit against Amazon, accusing the e-commerce giant of abusing its market power over third-party delivery contractors to suppress competition and harm workers. According to the lawsuit, Amazon prevents delivery workers from unionising, prohibits contractors in its delivery network […]

Business

US, Iran near deal to reopen Strait of Hormuz

The United States and Iran could reach an agreement as early as Tuesday or Wednesday to reopen the Strait of Hormuz and restore unrestricted passage for commercial shipping, U.S. Treasury Secretary Scott Bessent said in an interview. “We are in talks with the Iranians,” Bessent told CNBC.” “There is a chance we may have a […]

Business

ICYMI: Amazon’s market value hits $3trn on AI boom

Amazon’s market value topped $3 trillion for the first time on Monday, helped by a sharp rally following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services, the company’s main profit engine. Its shares were last up five per cent at $285.01, hitting a record high. They have […]

Policy and Regulations

FG opens public consultation on state police bill

The Federal Government has opened a two-week public consultation process and set a September timeline for the presentation of the draft National Policing Bill to President Bola Tinubu, marking a major step in the legal framework for the establishment of state police across Nigeria. The development was announced by the Chief of Staff to the […]

Aviation

Airline operators reject planned union strike over ticket levy issues

The Airline Operators of Nigeria has opposed the planned warning strike by aviation unions over the alleged non-remittance of Ticket Service Charges, insisting the action is based on misinformation and should not disrupt flight operations. The association made this known in a statement issued on Monday, August 3, following threats by some aviation unions to […]

Oil and Gas

India’s HPCL buys two million barrels of Nigerian crude

India’s Hindustan Petroleum Corp has purchased two million barrels of Nigeria’s Utapate and Okwuibome crude for delivery in late September, in a deal that highlights continued demand for Nigeria’s premium crude grades from one of Asia’s major refining markets. The purchase was disclosed by Reuters on Tuesday, citing trade sources familiar with the transaction. According […]

featured Finance

Naira appreciates to ₦1,408/$ in parallel FX market

The Naira on Monday appreciated to N1,408 per dollar in the parallel market from N1,415 per dollar last weekend. Likewise, the naira appreciated to N1,365 per dollar in the Nigerian Foreign Exchange Market. Data from the Central Bank of Nigeria, showed that the indicative exchange rate for the naira fell to N1,365 per dollar from […]

Finance

NEC approves $4.5bn project Gazelle 2 refinancing deal

The National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion facility, named Project Gazelle 2. The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility. It also unlocks an additional $3 billion in liquidity […]

featured Finance

Workers union demands meeting with Oyedele over unpaid wage award

Federal workers, through the Joint National Public Service Negotiating Council, have called on the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, to convene an urgent meeting over unresolved welfare issues affecting civil servants nationwide. The union said it was seeking an audience with the minister on or before August 11, warning […]

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