Business

African Alliance files recapitalisation plan with NAICOM

  • 5th August 2026

US, Iran near deal to reopen Strait of

  • 4th August 2026

ICYMI: Amazon’s market value hits $3trn on AI

  • 4th August 2026

Electricity metering hits 59.69% as DisCos add 349,357

  • 4th August 2026

Contact Info

Some Populer Post

Dangote Refinery eyes $5bn IPO to expand Lagos plant

Business

Four in 10 Nigerians remain without reliable electricity grid

Electricity

Unions move to shut down airlines over unpaid ticket

featured

African Alliance files recapitalisation plan with NAICOM

Business

Blog

Ban on styrofoam, satchet alcohol to worsen employment - NECA
Business

FG, employers clash over proposed increase in NSITF levy

The Federal Government and private sector employers appear headed for a confrontation over the proposed increase in the Nigeria Social Insurance Trust Fund employee compensation levy. Employers have cautioned that raising the levy beyond the statutory one per cent could trigger job losses and force some factories to shut down. The Federal Government made the […]

Tech

ServiceNow to integrate OpenAI’s GPT-5.2 for business AI agents

ServiceNow has entered a three-year partnership with OpenAI to bring AI agents to businesses, the companies announced Tuesday. Under the agreement, ServiceNow will integrate GPT-5.2 into its enterprise workflow platform and develop AI-powered voice technology using the models. The financial details of the deal were not disclosed. “Bringing together our engineering teams and our respective […]

Netflix commits over $23.5m into Nigeria entertainment industry - FG
Tech

Netflix switches to all-cash offer for WBD acquisition

Netflix has revised its proposal to acquire Warner Bros. Discovery’s studio and streaming assets, shifting to an all-cash offer, according to a Tuesday SEC filing. The new plan sets the purchase price at $27.75 per WBD share, entirely in cash, for HBO Max and the Warner Bros. film studio. The companies had previously agreed in […]

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

NCC unveils new spectrum roadmap to boost broadband capacity

The Nigerian Communications Commission (has introduced a new spectrum roadmap to boost Nigeria’s broadband capacity in response to rising data consumption. The Commission presented the draft Spectrum Roadmap for 2026–2030, alongside fresh guidelines for opening the lower 6GHz and 60GHz spectrum bands, at an event in Abuja. The move is intended to attract investment and […]

Business

FG unveils impact challenge to boost 3MTT outcomes

The Federal Government has introduced a new “Impact Challenge” to deepen results from its three-million-man training programme as it scales up the national digital skills drive. The Minister of Communications, Innovation and Digital Economy, Mr. Bosun Tijani, announced the initiative in a post on his X handle on Tuesday. According to him, over 135,000 Nigerians […]

Trans-Niger pipeline resumes operations after blast
Oil and Gas

Kenya launches historic $824m pipeline company IPO sale

Kenya has launched the sale of a 65 per cent stake in its state-owned oil pipeline operator, seeking to raise KSh106.3 billion ($824 million) in what could become East Africa’s largest initial public offering in local currency terms. The listing, which took place on Monday, is expected to surpass the landmark 2008 Safaricom Initial Public […]

Business

Nigeria startup funding fell 17% to $343m in 2025

Nigeria’s startup ecosystem recorded another difficult year in 2025, with total funding falling 17 per cent year-on-year to $343 million, as a sharp pullback in equity investment combined with currency volatility and macroeconomic uncertainty dampened investor appetite, BusinessDay findings revealed. The decline pushed Nigeria’s share of Africa’s venture capital inflows down to 11 percent, its […]

Aviation

Ethiopian airlines order nine Boeing aircrafts for expansion

Ethiopian Airlines has placed an order for nine Boeing 787 Dreamliner jets amid growing demand for long-haul travel, the two companies announced on Tuesday. Global airlines have been ramping up orders for widebody jets as international travel demand grows and carriers seek more fuel-efficient aircraft to cope with rising operating costs and capacity constraints. Ethiopian […]

Oil and Gas

Seplat’s ANOH gas project produces first gas

Seplat Energy Plc has announced that the 300 MMcfd ANOH project has achieved first gas. The company made this disclosure in filings on the Nigerian Exchange and London Exchange on Tuesday, addressed to investors and the public. Following the completion of the 11km Indorama gas export pipeline and receipt of regulatory approval from the Nigerian […]

Business

FG to rely more on local resources, reduce borrowing – Edun

The Federal Government has said it will increasingly depend on domestic resources while cutting back on borrowing. Minister of Finance, Wale Edun, stated this on Tuesday during an interview on Bloomberg Television at the World Economic Forum in Davos, Switzerland. He stressed that the administration is prioritising stronger revenue generation. He added that although Nigeria […]

News

Fire razes Computer Village building, millions lost

Property worth several millions of naira was destroyed in the early hours of Tuesday when a fire razed a one-storey commercial building on Somoye Street, Computer Village, Ikeja, Lagos State. Eyewitnesses said the incident, which occurred around midnight, involved a commercial building housing dealers in computers and computer accessories. No casualty was recorded in the […]

featured Food

Abuja residents hail FG as food prices crash

Some Abuja residents have commended the Federal Government’s intervention to reduce food prices, saying the crashing prices of food items have brought relief to residents of Abuja and other Nigerians across the country. The residents gave the commendation in separate interviews with the News Agency of Nigeria in Abuja on Tuesday. Mrs Vivian Uche, a […]

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