Business

African startups raise $102m in lowest month since

  • 3rd August 2026

Otedola targets 51% controlling stake in First HoldCo

  • 3rd August 2026

Nigeria can boost global creative edge via indigenous

  • 3rd August 2026

UK state investment agency faces security review after

  • 3rd August 2026

Contact Info

Some Populer Post

African startups raise $102m in lowest month since 2025

Business

Otedola targets 51% controlling stake in First HoldCo

Business

Fake agency DG fingers other MDAs in agency creation

News

Nigeria can boost global creative edge via indigenous storytelling

Business

Blog

Power generation dropped 43mw after worker's strike - FG
Electricity

Grid collapse now national embarrassment, NERC chairman admits

The Chairman of the Nigerian Electricity Regulatory Commission, Dr. Musiliu Oseni, has described the frequent collapse of the national power grid as a national embarrassment. Oseni made this admission in Abuja on Monday during the opening of the 2026 NERC Seminar for Judges. He stated that the Commission has stepped up its monitoring of the […]

FAAC funds to FG, states hit 7-year high in 2023
featured Finance

FG, states, LGs shared ₦26tn FAAC revenue in 2025

The Federal Government, 36 states and 774 Local Government Areas shared N26 trillion from Federation Account Allocation Committee revenue in 2025. This represents an 84.2 per cent year-on-year increase when compared to N14.11 trillion shared in 2024. Vanguard analysis of data in the FAAC communiques issued during the period showed that the Federal Government received […]

featured Finance

Naira strengthens to ₦1,355.73/$ Tuesday

The Naira continued its upward momentum in the early trading hours of Tuesday, February 10, 2026, strengthening further against the United States Dollar. The local currency’s positive performance in the official market highlights improved liquidity and the success of the Central Bank of Nigeria’s price-matching mechanisms. In the Nigerian Foreign Exchange Market, the Naira opened […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

CBN, NCC partner to curb airtime, data transaction failure

The Central Bank of Nigeria and the Nigerian Communications Commission have proposed routine joint audits of banks, telecom operators and other ecosystem players under a new national framework to curb persistent failures in airtime and data purchase transactions. The plan is outlined in an exposure draft jointly issued by both regulators on February 5, 2026, […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

CBN sets dates for 304th monetary policy committee meeting

The Central Bank of Nigeria has scheduled its 304th Monetary Policy Committee meeting for Monday and Tuesday, February 23–24, 2026. The announcement was made in a circular posted on the CBN’s official website on Monday. The meeting is set against the backdrop of the bank’s ongoing efforts to control inflation, stabilise the foreign exchange market, […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

NCC begins review of nearly 30-year-old telecom policy

The Nigerian Communications Commission has begun a review of the National Telecommunications Policy 2000, nearly three decades after its adoption, saying rapid technological advances and changing market conditions have overtaken the existing framework. The Commission announced the move on Monday with the release of a consultation paper inviting stakeholders to submit input on the proposed […]

UK PM Starmer pledges tougher immigration rules in sweeping overhaul
featured News

UK PM faces crisis as top aides resign successively

In the United Kingdom, Prime Minister Sir Keir Starmer is facing mounting pressure after two of his most senior aides resigned in quick succession. Tim Allan, Downing Street’s director of communications, stepped down just a day after the departure of chief of staff Morgan McSweeney. Allan, who joined No 10 last September during Starmer’s attempted […]

US senators demand Meta probe over chatbot child safety concerns
Tech

EU to block Meta from excluding third-party AI assistants on WhatsApp

The European says it plans to impose interim measures to prevent Meta from blocking third-party AI assistants on WhatsApp. On Monday, EU regulators informed the company of their preliminary finding that Meta may have breached EU antitrust rules. The Commission added that the investigation is ongoing, and any measures will depend on Meta’s response and […]

Electricity

Nigeria’s power grid operated at 36% capacity in January — NERC

Nigeria’s electricity grid operated at only 36 per cent of its installed capacity in January 2026 and experienced frequent instability, according to the Nigerian Electricity Regulatory Commission. The Nigerian Electricity Regulatory Commission released its Operational Performance Factsheet on Monday. The report showed that the country’s total installed generation capacity stands at 13,625 megawatts. However, an […]

Energy

Japan restarts world’s largest nuclear plant after years offline

Japan has restarted the world’s largest nuclear power plant, its operator confirmed Monday, following a previous attempt that was halted due to a minor technical issue. A monitoring alarm issue in January forced the first restart of the Kashiwazaki-Kariwa plant since the 2011 Fukushima disaster to be suspended. The Tokyo Electric Power Company announced that […]

FG hails progress in Naira-for-Crude policy, vows continued support
Business

NMDPRA resumed fuel import licences to avert scarcity — Oil Marketers

Oil marketers have stated that the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s decision to resume petrol and diesel import licences is aimed at bridging supply gaps and averting fuel shortages. They noted that the measure is intended to compensate for shortfalls, as local refineries are currently unable to satisfy the country’s full domestic petroleum […]

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