Business

Nigeria remains under US visa bond programme, travellers

  • 2nd August 2026

US urges Americans to leave Middle-East as Iran

  • 2nd August 2026

AfCFTA chief urges Africa to prioritise value addition

  • 2nd August 2026

EU to hold emergency border talks as 50,000

  • 1st August 2026

Contact Info

Some Populer Post

Shettima arrives Asaba for Delta investment summit

Conferences

Guinea opts out of ECOWAS single currency plan

News

I went from dollar millionaire to labourer in England

Entertainment featured

W’Africa needs $100bn annually to meet developmental goals —

Economy

Blog

Investment

Manufacturing sector’s foreign investment drops to nine-year low – NBS

Foreign investment in Nigeria’s production and manufacturing sector declined to its lowest level in nine years during the first nine months of 2025. This trend highlights a shift in capital dynamics, as domestic financing increasingly replaces the role previously held by foreign investors. Analysis of National Bureau of Statistics capital importation data reveals that the […]

Starlink restores service after two-hour global outage
Telecommunications

Starlink opens premium priority service in Nigeria’s congested cities

Starlink has launched its premium Business Priority service in Nigeria’s congested urban areas on February 14, providing businesses and affluent users in Lagos, Abuja, and Port Harcourt an option to bypass prolonged “Sold Out” restrictions. This access comes at a high cost, with the monthly subscription set at N159,000 ($99.38). Website checks in key Lagos […]

featured News

Labour gives FG Friday ultimatum over unpaid wage awards

Organised labour in the federal public service has issued a Friday ultimatum to the Federal Government, demanding the immediate release of funds to settle three months’ outstanding wage awards and other pending allowances owed to workers across Ministries, Departments and Agencies. The Joint National Public Service Negotiating Council, representing the trade union side, issued the […]

Tech

Alibaba expands AI push with affordable coding tools

Alibaba Group Holding Ltd., the Chinese e-commerce giant and rising leader in artificial intelligence, is expanding its push into software coding tools by offering affordable access to several top AI models in China. The company’s cloud division is providing a coding tool built on open-source models, including Alibaba’s own Qwen 3.5, as well as models […]

Tech

Apple unveils age-verification tools globally for child-safety laws compliance

Apple is introducing new tools aimed at meeting an increasing wave of age-verification regulations in the United States and other countries. As part of the update, the company will restrict downloads of apps rated 18+ in Brazil, Australia and Singapore, while also launching additional features designed to comply with laws in the U.S. states of […]

Tech

Self-driving startup Wayve raises $1.2bn from Microsoft, Nvidia, Uber, others

Wayve’s self-driving technology has secured backing from a wide range of investors in its latest $1.2 billion funding round, including three automakers, leading venture and institutional firms, and returning supporters Microsoft, Nvidia, and Uber. The total raise could reach $1.5 billion, with an additional $300 million from Uber tied to launching robotaxis, starting in London, […]

Bolt suspends over 5,000 drivers
Business

Bolt defends Nigerian drivers pay amid debate

Bolt has defended its marketplace model amid growing public attention on ride-hailing operations across Nigeria. The company emphasised transparency, sustainability, and the value of fact-based discussions regarding driver earnings and fare structures. Recent reports in The PUNCH highlighted ongoing debates in the mobility sector concerning pricing models, platform commissions, and the financial challenges drivers face. […]

Medical tourism: Nigerians spend $1m in foreign hospitals
Helth

FG criticised as medical tourism outflow rises 18%

The Federal Government has come under criticism as foreign exchange outflow for health-related travel by Nigerians surged to $549.29 million in the first nine months of 2025. This represents a 17.96 per cent increase from $465.67 million recorded in the same period of 2024, according to The PUNCH. Analysts and health experts have slammed the […]

Finance

Private sector welcomes CBN’s modest interest rate cut

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark interest rate to 26.5 per cent, of which, members of the Organised Private Sector have described the move as minimal but a positive signal for businesses and the broader economy. At the end of its 304th meeting in Abuja, the MPC […]

Appointments

BRB Capital appoints Etimbuk Bassey as new CEO for global push

BRB Capital Group has appointed Etimbuk Bassey as its new Chief Executive Officer, with the appointment taking effect from 16 February 2026. The move represents a key milestone for the investment and financial services group, which specialises in linking African opportunities to global capital. This development supports BRB Capital’s ongoing strategy to establish itself as […]

Nigeria remains World Bank's third-largest debtor with $18.2bn IDA loans
featured Finance

Naira trades flat at ₦1,351/$ level amid low volatility

The Naira maintained a steady performance against the United States Dollar during early trading on Wednesday, February 25, 2026. Data from the Nigerian Foreign Exchange Market and informal sources indicate that the currency is benefiting from a period of lower volatility, supported by consistent policy measures from the Central Bank of Nigeria. In the official […]

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