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

Visa expands cybersecurity push with $2.4bn BioCatch acquisition

Tech

NRS mandates tax ID for crypto account activation

featured

African startups raise $102m in lowest month since 2025

Business

Otedola targets 51% controlling stake in First HoldCo

Business

Blog

Bill Gates to donate 99% of fortune, to shut foundation by 2045
News

I regret knowing Epstein, Bill Gates breaks silence over ties

Microsoft co-founder Bill Gates has once again distanced himself from disgraced financier Jeffrey Epstein amid renewed attention from the recently released Epstein files. Gates expressed deep regret over their past association. “Apparently Jeffrey wrote an email that he never sent. The email is false, so I don’t know what he was thinking there,” Gates said. […]

Amazon cuts jobs in books division amid broader efficiency push
Tech

Amazon rolls out enhanced Alexa+ across US

Amazon on Wednesday announced that its upgraded digital assistant, Alexa+, is now available to all users in the U.S., nearly a year after its initial relaunch. Previously, Alexa+ had been in an “early access” phase since March, requiring users to join a waitlist or own newer devices to try out the generative AI-powered assistant. The […]

Business

NNPC shuts down refineries over financial losses – Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has revealed that Nigeria’s state-owned refineries were running at a “monumental loss,” forcing his management team to suspend operations to stop further financial drain. Ojulari made the disclosure on Wednesday in Abuja during a fireside chat titled “Securing Nigeria’s Energy Future” […]

Opinion

IMF ranking, cheaper food prices show Tinubu’s reforms are working – Aide

President Bola Tinubu’s Special Adviser on Economic Affairs, Dr Tope Fasua, has stated that Nigeria’s inclusion on the International Monetary Fund’s list of countries expected to contribute to global growth, along with the recent decline in food prices, clearly indicates that the administration’s economic reforms are producing positive results. Fasua made these remarks during an […]

Appointments

UBA appoints Loknath Mishra as CEO of UK subsidiary

Africa’s Global Bank, United Bank for Africa, has announced the appointment of Loknath Mishra as Chief Executive Officer of UBA United Kingdom. The appointment takes effect from February 2026. This move reinforces the Group’s commitment to strengthening its international footprint and enhancing its role as a key financial bridge between Africa and the world. As […]

Economy

ICYMI: W’Bank hails Tinubu’s ‘difficult’ reforms as global reference point

The World Bank has commended President Bola Tinubu’s reform drive, describing Nigeria as a frequent global reference point for reform implementation and results. The bank’s Managing Director of Operations, Anna Bjerde, stated this on Tuesday while leading a World Bank Group delegation to the president at the State House, Abuja. Anna Bjerde said Nigeria’s reform […]

Aviation

NAHCO nets ₦18bn profit, up 40% in 2025

The Nigerian Aviation Handling Company Plc recorded a 40 per cent increase in net profit to N18 billion in 2025. This growth provides substantial headroom for the services and logistics group to maintain its dividend payout strategy. The unaudited results for the year ended December 31, 2025, released on the Nigerian Exchange, revealed strong growth […]

Electricity

TCN blames right-of-way issues for Abuja power project delay

The completion of the 624-megawatt Abuja Feeding Scheme, aimed at significantly improving electricity supply to the Federal Capital Territory, continues to face delays due to persistent right-of-way challenges, according to the Transmission Company of Nigeria. The donor-funded project is currently about 91 per cent complete and is expected to alleviate power shortages in Abuja and […]

Emefiele gets N300M bail in N18.96bn note printing case
Finance

Emefiele followed Buhari’s directive over locally redesigned naira — Witness

A witness, Chinedu Emere, told an Abuja High Court that the former governor of the Central Bank of Nigeria, Godwin Emefiele, complied with late President Muhammadu Buhari’s directive that the redesigned Naira be produced locally. The Economic and Financial Crimes Commission charged Emefiele with illegal act causing injury to the public. According to Vanguard, the […]

ICPC criticizes procurement contracts over integrity gap
News

ICYMI: ICPC arrests former NIMASA DG Bashir Jamoh into custody

The Independent Corrupt Practices and Other Related Offences Commission has reportedly arrested Bashir Jamoh, former Director-General of the Nigerian Maritime Administration and Safety Agency, in Kaduna State. According to a family representative, Jamoh was intercepted by ICPC operatives while returning home from a court engagement. He was reportedly searched at his residence before being transferred […]

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