Business

Qatar loads first LNG cargo after force majeure

  • 6th March 2026

Ex-AGF seeks FG’s apology after OPL 245 resolution

  • 6th March 2026

Sanwo-Olu hails Lagos as Africa’s leading urban powerhouse

  • 6th March 2026

FG introduces system to track visa overstayers

  • 6th March 2026

Contact Info

Some Populer Post

Anthropic’s Claude remains available to AWS customers – Amazon

Aviation

CBN confirms 30 banks meet recapitalisation targets

Banking featured
Kuwait cracks down on crypto miners amid worsening power crisis

Kuwait cuts crude oil production as storage tanks overflow

featured Oil and Gas

Qatar loads first LNG cargo after force majeure declaration

Business

Blog

Technology

FG intensifies push to commercialise university research outputs nationwide

The Federal Government is intensifying efforts to transform scientific research from Nigeria’s universities, polytechnics, and research institutes into tangible products, startups, and industries capable of generating jobs and stimulating economic growth. There is increasing worry in government quarters that numerous innovations created in Nigerian laboratories fail to progress beyond academic papers or research reports. Authorities […]

Business

Sanwo-Olu hails Lagos as Africa’s leading urban powerhouse

Governor Babajide Sanwo-Olu of Lagos State hailed the city as a leading force among Africa’s urban centers, noting that Lagos is actively transforming and redefining economic trends and urban development amid rapid growth. He emphasized that Lagos sits at the forefront of this transformation, serving as a clear indicator across the continent that Africa’s urban […]

Electricity

NERC tightens rules to curb unauthorised electricity use

The Nigerian Electricity Regulatory Commission has revised its Standard Operating Procedure for Distribution Companies on addressing unauthorised electricity usage, meter tampering, and power bypass nationwide. The update follows a revelation by the Nigerian Independent System Operator that a steep 60 per cent drop in gas supply to thermal power plants has driven the recent wave […]

Aviation

FAAN MD clarifies suspension of cashless payments at Lagos airport

The Managing Director and Chief Executive Officer of the Federal Airports Authority of Nigeria, Mrs. Olubunmi Kuku, has provided further clarification regarding the suspension of cashless payments at the Murtala Muhammed Airport, Lagos tollgate. Kuku in Thursday explained that President Bola Tinubu did not instruct FAAN to halt the “Go Cashless” initiative entirely. Instead, he […]

Business

FG introduces system to track visa overstayers

The Federal Government says it now has the capacity to track visa overstayers in Nigeria through a new technology-driven monitoring system. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this on the first day of the Ministry of Interior’s 2026 Sectoral Retreat held in Abuja. According to him, the system—known as the Integrated Operation Centre, enables […]

Maritime

Nigerian Shippers’ Council recovers over N197bn for port users in 2025

The Nigerian Shippers’ Council says it recovered more than N197 billion for shippers and port users in 2025 through regulatory interventions and dispute resolution. The disclosure was made in a statement issued by the council’s Public Relations Officer, Rebecca Adamu, quoting the Executive Secretary, Pius Akutah on Thursday in Lagos. According to the council, port […]

Business featured

Textile sector GDP falls to ₦4.384trn in 2025

Nigeria’s cotton, textile, and garment industry experienced a continued downward trend in 2025. The sector’s contribution to the nation’s Gross Domestic Product declined to N4.384 trillion. This reflects ongoing structural challenges facing the industry. Data from the National Bureau of Statistics indicates a steady decline in the sector’s output over the past three years. The […]

featured Policy and Regulations

12 states have enacted tax harmonisation law — Oyedele

At least 12 states in Nigeria have enacted the tax harmonisation law, which is regarded as a vital component of the comprehensive tax reform initiative launched by President Bola Tinubu’s administration. During a speech in Abuja on Thursday, Taiwo Oyedele, who serves as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms […]

Tech

Meta ‘forces’ workers to review intimate videos captured by Ray-Ban AI glasses

The United Kingdom data regulator is contacting Meta after a “concerning” report revealed that outsourced workers could access sensitive footage captured by the company’s AI smart glasses. Meta acknowledged that subcontractors may occasionally review content, including videos and images recorded by the glasses, to help improve user experience, BBC News reports. According to an investigation […]

Eni gets approval to sell Nigerian Agip Oil to Oando
Business

FG reaches settlement with Eni over OPL 245 dispute

The Federal Government announced on Thursday that Nigeria has reached a settlement with Eni and Nigerian Agip Exploration Limited, resolving the long-standing dispute over Oil Prospecting Licence 245. This was disclosed in a statement by presidential spokesman Bayo Onanuga, following a meeting at the Presidential Villa in Abuja attended by Eni CEO Claudio Descalzi and […]

Aviation

Qatar Airways launches limited flights for passengers amid Middle-East tensions

Qatar Airways announced Thursday it will launch a limited series of relief flights from neighbouring countries to assist stranded passengers. However, Qatar Airways confirmed that flights to and from Doha’s Hamad International Airport remain suspended due to ongoing tensions in the Gulf In a statement on X, the airline said that it has started to […]

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