Business

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Spain to impose border controls on Italian passengers

  • 8th August 2026

Burger King regains second spot in US burger

  • 8th August 2026

Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Contact Info

Some Populer Post

X scraps revenue sharing, unveils original content rewards programme

Business featured

Nigeria’s external debt service falls 31.5% to $954m

Business

Spain to impose border controls on Italian passengers

Business

Cloudflare unveils Kitesurf browser built for AI agents

Tech

Blog

Housing

FCTA demolishes 11-storey flats obstructing bridge, high-tension line

The Federal Capital Territory Administration on Thursday demolished eleven-storey buildings—made up of three and four-bedroom flats—in the Apo-Dutse area. Mr. Mukhtar Galadima, the Director of the Department of Development Control, FCTA, explained that the demolition was a consequence of the developer’s complete failure to abide by building regulations and their disregard for all official communications […]

Aviation

Keyamo urges stronger ties between aviation regulators, judiciary

Minister of Aviation and Aerospace Development, Mr. Festus Keyamo called for stronger collaboration between aviation regulatory authorities and the judiciary to improve safety, accountability, and justice in Nigeria’s aviation sector. He made this disclosure on Thursday in Abuja, at the 2025 NCAA Judges Conference, themed, “The Role of Judges in Sustaining Nigeria’s Adherence to Applicable […]

Business

Tight policies, FX adjustments behind Nigeria’s inflation drop – IMF

The International Monetary Fund attributes the recent fall in Nigeria’s inflation to stricter policy measures and exchange rate adjustments. IMF Director for the African Department, Abebe Selassie, made the remarks on Thursday at the launch of the Regional Economic Outlook for Sub-Saharan Africa in Washington, DC. According to the National Bureau of Statistics, Nigeria’s headline […]

Wema Bank raises N21bn capital, reaffirms commitment to rights issue
Banking

Wema Bank concludes second phase of N50b capital raise successfully

Wema Bank Plc has announced the successful conclusion of the second tranche of its N50 billion Special Placement, which was fully subscribed, further boosting its capital base. In a press release dated October 17, 2025, the Bank described the development as a key milestone in its capital management program, designed to strengthen its balance sheet, […]

Private sector laments loan repayment as interest rate hits 26.26%
Banking

CBN, Bank of Angola ink MoU to boost technical collaboration

The Central Bank of Nigeria and the Bank of Angola have signed a Memorandum of Understanding to strengthen bilateral ties and build capacity in central banking operations. The agreement was signed on Thursday in Washington D.C., on the sidelines of the IMF/World Bank Annual Meetings, marking a key step in deepening financial cooperation between the […]

featured

Dangote refinery to release 600m litres of petrol monthly

Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery plans to release up to 600 million litres of petrol monthly to stabilise domestic supply and curb the recent rise in pump prices. According to the National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, the refinery is finalising a […]

US considers equity stakes in chipmakers under CHIPS act
Business

US chamber sues Trump’s govt over $100,000 H-1B visa fee

The United States Chamber of Commerce has filed a lawsuit challenging the Trump administration’s new $100,000 fee on H-1B visa petitions, arguing that the charge violates federal law. In the suit, the Chamber contends that the administration’s rule conflicts with the Immigration and Nationality Act, which requires visa fees to reflect the actual administrative costs […]

News

Air passengers must declare cash above $10,000, NFIU warns

The Nigerian Financial Intelligence Unit has reiterated that all air travellers at international airports are required to declare cash amounts exceeding $10,000 when checking in for flights. This directive was highlighted by Maryesther Eworitse, Deputy General Manager of the Currency Operations Department at Murtala Muhammed International Airport, during a two-day capacity-building workshop in Lagos, according […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC, SMEDAN partner to boost SME access to capital market

The Securities and Exchange Commission and the Small and Medium Enterprises Development Agency of Nigeria have entered into a strategic Memorandum of Understanding to enhance small business access to the Nigerian capital market. Signed in Abuja, the agreement seeks to open up alternative financing channels for more than 40 million registered micro, small, and medium […]

Oracle expands AI tools in NetSuite to streamline business processes
Tech

Oracle shares jump 5% on strong growth, Meta cloud deal

Oracle shares rose by as much as 5 per cent on Thursday after the company projected stronger growth in its core businesses and confirmed a cloud-computing partnership with social media giant Meta. The database software maker expects revenue from its AI-powered database and data platform to surge to $20 billion in fiscal 2030, up from […]

Spotify launches custom transitions to enhance playlists
Tech

Spotify partners major labels to develop responsible AI music tools

Spotify on Thursday announced partnerships with Sony Music Group, Universal Music Group, Warner Music Group, independent licensing agency Merlin, and digital music company Believe to develop “responsible” artificial intelligence products. While the streaming giant did not disclose specific AI tools under development, it said it is making “significant investments in AI research and product development,” […]

Minister threatens to revoke Kogi-Benin Road contracts
Business

FG assures Ore–Ondo–Akure road meets global engineering standards

The Federal Government on Thursday dismissed public concerns about the type of reinforcement materials used in the ongoing reconstruction of the Ore–Ondo–Akure Road, assuring that the project fully meets approved engineering specifications and international design standards. Minister of Works, Senator Dave Umahi, gave the clarification during an inspection tour of the project at Ajue community […]

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