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

featured Telecommunications

Telecom sector attracted over $1bn investment in 2025 — NCC

The Nigerian telecommunications industry attracted over $1 billion in capital investments in 2025 leading to the deployment of more than 2,850 new network sites nationwide. This was disclosed by the Executive Vice Chairman of the Nigerian Communications Commission, Dr Aminu Maida, who also said the investment, which expanded both network coverage and capacity, underpinned improvements […]

Electricity

Abuja project will boost national grid by 624mw – TCN

The Transmission Company of Nigeria says the Abuja Feeding Scheme project will contribute around 624 megawatts to the national grid upon completion. TCN’s Executive Director of Transmission Service Providers, Oluwagbenga Ajiboye, made the statement while leading a team to inspect the ongoing project in Abuja on Thursday. Valued at $170 million and funded by the […]

Aviation

NCAA probes Overland Airways’ retroactive airline tax charges

The Nigerian Civil Aviation Authority has stepped into a dispute over a new airline ticket tax imposed by Overland Airways, after passengers complained that the charge was applied to tickets bought before the tax took effect. The controversy surfaced when a passenger, identified on X as @oluwakemmybello, accused the airline of collecting a “new VAT” […]

featured News

Standard Chartered, UNICEF partner to secure 1500 jobs for Nigerian women

The Standard Chartered Foundation and UNICEF’s Generation Unlimited have announced a partnership to secure 1,500 decent jobs for young women in Nigeria and Kenya. The three-year initiative targets exclusively women aged 18 to 24 from underserved backgrounds. It supports UNICEF Generation Unlimited’s growing ecosystem of global and local partners through a public-private approach that has […]

Transportation

FG approves construction of ₦1tn Kano metropolitan rail project

The Federal Government has approved the construction of a ₦1 trillion Metropolitan Rail Service for Kano State. The project aims to transform urban transportation, boost economic activities, and ease traffic congestion across the metropolitan area. Governor Abba Kabir Yusuf disclosed this development while receiving the Kano State contingent that participated in the 2025 National Qur’anic […]

Business

Saudi Arabia, Nigeria ink first labour recruitment agreement

Saudi Arabia and Nigeria have signed their first bilateral agreement on recruiting general workers, establishing a formal labour corridor between Africa’s largest economy and the Middle East’s biggest labour market. The deal marks a strategic shift in how Nigerian workers enter Gulf economies, transitioning from informal migration channels to a regulated, state-backed framework. Signed on […]

Opinion

Anambra Rep urges Soludo to reopen Onitsha main market

Hon. Afam Victor Ogene, the representative of Ogbaru Federal Constituency in Anambra State at the House of Representatives, has urged Governor Chukwuma Soludo to exercise utmost caution regarding the closure of Onitsha Main Market. He called on the governor to reconsider the decision and reopen the market promptly. Governor Soludo closed the market on Monday […]

Business featured

Sit-at-home: Soludo threatens to revoke Onitsha market land for schools

Governor Chukwuma Soludo of Anambra State has asserted his authority to revoke the land allocation of Onitsha Main Market and repurpose the premises for other public interest projects if necessary. He made this statement during a meeting with leaders of the Anambra State Markets Amalgamated Traders Association (ASMATA). According to Soludo, he possesses the legal […]

Economy featured

Seven critical issues shaping Nigeria’s economy in 2026 – PwC

As Nigeria transitions from economic stabilisation to growth, PricewaterhouseCoopers has identified seven key themes that will influence whether 2026 becomes a period of sustained stability or marks the start of truly sustainable expansion. Nigeria’s macroeconomic indicators are showing positive alignment. Inflation slowed to 15.15 percent in December 2025, while the economy grew by 3.98 percent […]

Tesla whistleblower wins legal fight against Elon Musk
Tech

Musk ends Model S, X lines as Tesla shifts to humanoid robots

Tesla CEO Elon Musk announced on Wednesday that the company will stop producing the Model S and Model X, shifting its Fremont, California factory to manufacture Optimus humanoid robots. “It’s time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said on the company’s fourth-quarter earnings call. […]

NELFUND to launch vocational loan scheme in Enugu by July
Finance

NELFUND extends 2025/2026 student loan deadline to February 27

The Nigerian Education Loan Fund has extended the application deadline for the 2025/2026 academic session to February 27, 2026. The original deadline was January 31, 2026. The extension gives prospective applicants additional time to complete and submit their applications. In a statement released on Thursday in Abuja, NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, explained […]

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