Business

NIA credits NAICOM’s oversight for successful insurance recapitalisation

  • 6th August 2026

Tinubu attributes strong corporate performance to FX, subsidy

  • 6th August 2026

NAICOM revokes Nigeria Reinsurance licence over capital requirement

  • 6th August 2026

MEMAN backs cassava ethanol blending to cut petrol

  • 6th August 2026

Contact Info

Some Populer Post

NIA credits NAICOM’s oversight for successful insurance recapitalisation

Business

Tinubu attributes strong corporate performance to FX, subsidy reforms

Business

Moove raises $250m to scale autonomous vehicle business

Tech

Meta AI model breaches external system during security test

Tech

Blog

Business

Tinubu approves Nigeria’s carbon market framework to boost green investment

President Bola Ahmed Tinubu has given formal approval to Nigeria’s Carbon Market Framework, a development expected to strengthen the country’s role in the global climate economy and attract billions of dollars in green investment. The Director General of the National Council on Climate Change, Mrs Omotenioye Majekodunmi, disclosed this while speaking to journalists in the […]

Finance

Nigeria cuts fuel import spending by 54% — CBN

Nigeria’s spending on the importation of refined petroleum products has declined sharply by 54 per cent over two years, falling from $14.58bn in the first nine months of 2023 to $6.71bn in the corresponding period of 2025, according to figures from the Central Bank of Nigeria’s Balance of Payments report. The data showed that fuel […]

Pound falls more than 1% after BoE move
Finance

Pound trades near ₦1,918 as naira stabilises against dollar

The British Pound recorded a marginal gain in the Nigerian Foreign Exchange Market on Tuesday, January 13, 2026, as the naira continued to trade within a band of moderate volatility. Data from the Nigerian Foreign Exchange Market showed that the official exchange rate for the Pound Sterling opened at ₦1,901.49 and later traded at a […]

Finance

FG allocates N10bn to maintain Shettima’s aircraft

The Federal Government has earmarked a cumulative sum of N10.61bn for the overhaul of engines on the Gulfstream G550 aircraft assigned to Vice President Kashim Shettima over a three-year period, according to an analysis of appropriation bills spanning 2024 to 2026. The aircraft, registered as 5N-FGW, accounted for the largest single allocation among all engine […]

NERC makes N5.63bn in 2023 Q3
Electricity featured

DisCos lost N44bn in October 2025 over billing gaps — NERC

Electricity distribution companies across Nigeria billed customers a combined sum of N255.19bn for power supplied in October 2025 but were only able to collect N210.92bn, resulting in substantial losses from both unbilled electricity and unpaid bills that continue to put pressure on the liquidity of the power sector. The figures are contained in the latest […]

Business featured

Cyber-fraud surpassed ransomware as CEOs’ biggest concern – WEF

The World Economic Forum has singled out Artificial Intelligence as the most influential factor set to shape cybersecurity in 2026, with both positive and negative implications. In its “Global Cybersecurity Outlook 2026 Insight Report,” the WEF noted that cyber-enabled fraud has surpassed ransomware as the top concern for Chief Executive Officers. The report further highlighted […]

MultiChoice denies DStv, GOtv subscription prices claims
Business

MultiChoice Nigeria CEO John Ugbe retires, Kemi Omotosho named successor

MultiChoice Nigeria, a Canal+ company, has announced a leadership change as Chief Executive Officer John Ugbe retires following a distinguished tenure. He will be succeeded by Kemi Omotosho, who will assume the role of Chief Executive Officer, Nigeria, effective this January. Ugbe departs after nearly fifteen years at the helm, during which he navigated the […]

Maritime workers threaten strike over proposed revenue deduction
Business

Maritime agents shut shipping firm over freight hike

Maritime sector agents, including members of the African Association of Professional Freight Forwarders and Logistics of Nigeria and the Association of Nigeria Licensed Customs Agents, Western Zone, on Monday shut down operations at the Apapa office of the Mediterranean Shipping Company to protest a recent increase in shipping charges. The agents warned that the hike […]

Maritime

Customs unveil new rules for DDP courier companies

The Nigeria Customs Service has announced the introduction of a new Standard Operating Procedure to regulate courier companies operating under the Delivered Duty Paid Incoterm. In a statement issued on Monday, the Service’s National Public Relations Officer, Deputy Comptroller Abdullahi Maiwada, said the new procedure establishes a unified framework covering registration, manifest submission, declaration, valuation, […]

featured Investment

UK investors dominated Nigeria’s capital inflows in 2025

The Federal Ministry of Industry, Trade and Investment has disclosed that the United Kingdom emerged as the leading source of new foreign direct investment into Nigeria in 2025, accounting for about 65 per cent of total capital inflows. The development reflects a renewed confidence in Nigeria among international investors and signals growing interest in the […]

featured Technology

Apple chooses Google’s Gemini AI to power Siri

Apple and Google have announced a multi-year partnership under which Apple’s next-generation artificial intelligence features, including its Siri assistant, will be powered by Google’s Gemini technology. The announcement was made on Monday and signals a major strategic development for Apple as it prepares to roll out advanced AI capabilities across its devices. The partnership represents […]

Business

Apple taps Google to power new AI features

Apple is partnering with Google to drive its artificial intelligence capabilities, including a major Siri upgrade expected later this year, the companies announced on Monday. The multi-year deal will rely on Google’s Gemini models and cloud infrastructure to support Apple’s future foundational AI models, according to the statement. “After careful evaluation, we determined that Google’s […]

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