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

Maritime

FG moves to unlock cabotage fund after 20-year delay

Following more than 20 years of setbacks, the Federal Government has taken fresh steps to unlock the Cabotage Vessel Financing Fund for Nigerian shipowners, as the Minister of Marine and Blue Economy, Adegboyega Oyetola, has directed lenders to expedite the processing of applications. Oyetola instructed the Nigerian Maritime Administration and Safety Agency to collaborate with […]

Policy and Regulations

FCCPC launches probe into Uber’s abrupt exit from Nigeria

The Federal Competition and Consumer Protection Commission has launched an investigation into the circumstances surrounding Uber’s withdrawal from the Nigerian market. The commission is specifically looking into whether the ride-hailing company left behind any unresolved obligations or services owed to its customers. FCCPC Chief Executive Officer, Tunji Bello, confirmed this development in a message to […]

featured News

Iran attacks US naval drone near Strait of Hormuz

Iran said Sunday that its forces attacked a United States naval drone attempting to enter the Strait of Hormuz, hours after targeting ships in retaliation for American strikes on three oil tankers. The latest round of clashes, which began with US raids last week, comes amid a deadlock in the six-month war between the two […]

featured Finance

Probe ‘diverted’ ₦78.8bn cash transfer funds, SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu “to direct the Ministry of Humanitarian Affairs and Poverty Reduction, the National Cash Transfer Office and the National Social Safety Nets Coordinating Office to urgently account for over N78.8 billion in public funds reportedly diverted, unaccounted for or irregularly spent.” The allegations are contained […]

Aviation

Uber exit unrelated to airport e-hailing restrictions – FAAN

The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku, has said FAAN played no role in Uber’s decision to withdraw from Nigeria, stressing that the agency’s actions were motivated by concerns over passenger safety, accountability and the need to tackle touting at airports. Speaking with journalists at the airport on Friday, Kuku […]

Business

Court extends order restraining NAICOM, Universal Insurance’s receiver

A Federal High Court in Lagos has extended the restraining order against the National Insurance Commission and the receiver appointed over Universal Insurance Plc, pending the hearing of the company’s suit challenging the revocation of its operating licence. The development was disclosed in a corporate filing submitted to the Nigerian Exchange on September 4, 2026, […]

featured

SEC clears Dangote Refinery IPO ahead of landmark share sale

Nigeria’s Securities and Exchange Commission has approved Dangote Refinery’s planned initial public offering, paving the way for what could become Africa’s largest-ever share sale. Dangote Group announced on Friday that the regulator had cleared the offer, which could raise approximately N2.15tn if fully subscribed, according to Reuters. The refinery plans to offer 4.1 billion ordinary […]

Business

UN votes to adopt new map showing Africa’s true size

The United Nations General Assembly has voted to adopt a new world map that more accurately represents Africa’s true size. The “Correct the Map” resolution, sponsored by Togo and backed by African Union members, received support from 164 countries, including France and the UK. The United States was the only country to vote against the […]

Business

Dangote Refinery IPO to open within 12 days

Dangote Industries Limited President Aliko Dangote has announced that the initial public offering of the Dangote refinery will begin within the next 10 to 12 days. Dangote made the disclosure on Thursday while addressing investors and analysts in Botswana, Reuters reported. The $20bn facility, which is Africa’s largest refinery, is projected to raise approximately $5bn […]

Ports and Airports

FAAN raises concern over e-hailing operators’ ill-treatment of Airport passengers

The Managing Director of the Federal Airports Authority of Nigeria, Mrs Olubunmi Kuku, has expressed concern over the alleged ill-treatment of passengers by e-hailing operators offering shuttle and car-hire services at airports. Kuku said FAAN could not fold its arms while complaints about passenger safety, security, fares, and other issues remained unresolved. She said although […]

Business

PZ Cussons’ profit surges 349% on asset disposal gains

PZ Cussons Nigeria has released its audited full-year 2026 financial results for the year ended May 31, 2026, and the numbers look like the kind of turnaround investors dream about. Revenue climbed 22 per cent to N260.46 billion, while profit after tax surged 349 per cent to N45.17 billion. Earnings per share jumped from N2.32 […]

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