Business

Condom prices may rise amid Iran supply disruptions

  • 22nd April 2026

Flutterwave denies reports of $75m FG investment

  • 21st April 2026

Tinubu sacks finance, housing ministers in FEC reshuffle

  • 21st April 2026

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

Contact Info

Some Populer Post

Tinubu blames privatization for current power sector crisis

Electricity featured

Nigeria isn’t poor, huge money moves below radar –

Finance

Access Holdings disowns unauthorised 2025 financial highlight release

Banking

South Africa’s inflation rises to 3.1% as cost pressures

Economy

Blog

Aviation

Court dismisses Air Peace suit against FCCPC investigation

The Federal High Court in Abuja on Monday dismissed the suit filed by Air Peace Limited seeking to restrain the Federal Competition and Consumer Protection Commission from issuing summons over numerous alleged complaints from passengers nationwide regarding unrefunded ticket fares, canceled flights, among others. Justice James Omotosho dismissed the suit for “lacking merit,” faulting the […]

Dangote Sugar exceeds N1tn market cap level 
Business

Dangote Sugar plans ₦500bn rights issue for growth

Dangote Sugar Refinery Plc has announced plans to raise up to N500 billion through a Rights Issue, subject to regulatory approvals. This is part of efforts to strengthen its capital base and support future growth. The development was disclosed in a statement signed by the Company Secretary, Mrs. Temitope Hassan, following the company’s 20th Annual […]

Finance

Tinubu approves $75m investment in Flutterwave

President Bola Tinubu has approved a $75 million investment in Flutterwave as the fintech company advances plans for its Initial Public Offering. The development was disclosed on Monday by the President’s Special Assistant, Dada Olusegun, via a social media post. The move comes shortly after Flutterwave secured approval to operate banking services in Nigeria, marking […]

Finance

Dollar hits one-week high as US-Iran tensions spike FX fears

The United States dollar climbed to a one-week high against major currencies on Monday as renewed tensions between the United States and Iran dampened hopes for a Middle East peace deal. Reuters reported that this follows developments over the weekend in which the United States seized an Iranian cargo ship, escalating geopolitical uncertainty. The situation […]

EU rules out fee for tech giants under digital markets act
Business

EU antitrust chief rejects push to relax merger rules

The European Union’s antitrust chief has rejected proposals to ease merger regulations aimed at helping the bloc build corporate champions capable of competing with US and Chinese giants. “It is not necessary to relax them,” Teresa Ribera told Bloomberg. “If anyone thought that this call for the creation of champions was an argument to deregulate, […]

Business

Brent nears $95 over fears of US-Iran ceasefire collapse

Oil prices surged and European stock markets retreated after the United States seized an Iranian vessel, undermining optimism over a potential peace agreement. Brent crude, the global oil benchmark, climbed 4.8 per cent on Monday to $94.69 (£70.07) per barrel. Across Europe, equities came under pressure. The UK’s blue-chip FTSE 100 slipped 0.7 per cent, […]

Business

NPA retirees threaten nationwide protest over 16 years unpaid pensions

Retirees of the Nigerian Ports Authority have threatened a nationwide protest over what they describe as over 16 years of unpaid pension entitlements. In a statement issued on Sunday, the pensioners under the Nigerian Ports Authority Pensioners Welfare Association said the action would begin seven days after publication of the notice if their demands are […]

Anthropic counters OpenAI with $1 AI offer to government branches
Tech

US deploys Anthropic AI tool despite Pentagon risk concern – Report

Axios reported Sunday that the United States National Security Agency is using Anthropic’s Mythos Preview AI tool, even though the Pentagon has formally flagged the company with a supply-chain risk designation. Axios said, citing sources, that the Mythos Preview model was being used more broadly within the agency. Last week, U.S. President Donald Trump’s administration […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Business featured

Samsung signs first EV battery deal with Mercedes-Benz

South Korea’s Samsung SDI said on Monday that it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles. The agreement marks Samsung SDI’s first electric vehicle battery supply deal with the German automaker, expanding its footprint in the global EV market. In a statement, Samsung SDI said the batteries will feature […]

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

FG rejects claims of diversion from federation revenue

The Federal Government says deductions from the federation earnings by the Federation Account Allocation Committee are being misrepresented as a diversion of revenue. In a statement on Sunday signed by Taiwo Oyedele, minister of state for finance, the ministry said some media reports are misrepresenting the findings of the World Bank in the Nigeria Development […]

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