Business

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

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

Contact Info

Some Populer Post

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

X scraps revenue sharing, unveils original content rewards programme

Business featured

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

Business

Blog

Business

Heineken to cut 400 jobs in Amsterdam HQ restructuring

Heineken is restructuring its global headquarters in Amsterdam, a move that will affect about 400 positions. The Dutch brewer said the overhaul is part of its new five-year strategy, EverGreen 2030. “The changes at the global head office are part of a series of initiatives designed to create a more agile, simplified, and connected organisation, […]

Nigeria excluded as Trump hosts African leaders in Washington
Business

US-China trade dispute escalates with new ocean units sanctions

China on Tuesday imposed sanctions on five United States units of South Korea’s Hanwha Ocean Co., pledging further retaliation against the shipping industry in a growing trade and tariff dispute. The move contributed to a global stock market slump, as investors reacted to rising tensions between the U.S. and China. U.S. Treasury Secretary Scott Bessent […]

Oil and Gas

Shell, Sunlink approve final investment for HI Gas Project

Shell Nigeria Exploration and Production Company Limited, a subsidiary of Shell plc, in collaboration with Sunlink Energies and Resources Limited, has approved the final investment decision for the HI Gas Project off the coast of Nigeria. According to a Shell statement on Tuesday, once completed, the project is expected to produce 350 million standard cubic […]

Oracle expands AI tools in NetSuite to streamline business processes
Tech

Oracle expands AI infrastructure with major AMD chip rollout

Oracle Cloud Infrastructure said Tuesday it will roll out 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026. AMD shares rose about 2 per cent, while Oracle fell 4 per cent and Nvidia slipped more than 3 per cent. The deployment underscores growing momentum among cloud providers adopting AMD chips as […]

Walmart quits advertising on X
Tech

Walmart partners OpenAI to launch ChatGPT-powered shopping feature

Walmart announced Tuesday that it has partnered with OpenAI to enable shoppers to make faster purchases directly through the ChatGPT artificial intelligence chatbot. The move aims to keep the retail giant and largest United States grocer in step with shifting consumer habits, as more shoppers now turn to AI tools like ChatGPT for gift ideas, […]

Hacker group Lockbit leaks Boeing data
Aviation

Boeing set for strongest year since 2018 after delivery surge

Boeing delivered 55 aircraft in September, marking steady progress toward its strongest annual performance since 2018 as production stabilises and the company prepares to boost output of its flagship 737 Max jets. According to Boeing, 40 of the deliveries were 737 Max models, with customers including Ryanair, which received 10 aircraft, alongside Southwest Airlines, United […]

Instagram developing ‘Picks’ feature to connect users over shared interests
Tech

Meta unveils new content controls for minors on Instagram

Instagram is introducing new content filters for users under 18, modeled after the PG-13 movie rating system, as part of parent company Meta’s efforts to improve teen safety online. The system, inspired by the Motion Picture Association’s ratings, will limit exposure to posts containing strong language, risky stunts, drug references, or other mature themes. Meta […]

Electricity

NERC probes DisCos after 38 deaths, 19 injuries in Q2 incidents

The Nigerian Electricity Regulatory Commission has launched an investigation into all electricity distribution companies after reporting 38 deaths and 19 injuries linked to electrical incidents in the second quarter of 2025. According to its Q2 2025 report, no casualties were recorded by generation companies or the Transmission Company of Nigeria, while all DisCos reported incidents. […]

Business

IMF upgrades Nigeria’s growth outlook to 3.9% in 2025

The International Monetary Fund has raised Nigeria’s economic growth forecast, projecting a 3.9 per cent expansion in 2025 and 4.2 per cent in 2026. The updated outlook, released on Tuesday at the launch of the World Economic Outlook 2025 during the World Bank and IMF Annual Meetings in Washington, D.C., marks an improvement from the […]

News

Nigeria backs $2tn commonwealth trade initiative to boost economic ties

Nigeria has joined other Commonwealth nations in advancing a $2 trillion trade initiative designed to deepen economic cooperation, enhance resilience, and promote sustainable growth across member states. This was disclosed in a statement issued on Monday by the FCAI Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga. According to […]

Amazon cuts jobs in books division amid broader efficiency push
Tech

Amazon fires Palestinian engineer over protest against Israel ties

Amazon has dismissed a Palestinian software engineer, Ahmed Shahrour, who was previously suspended for protesting the company’s business dealings with the Israeli government. Shahrour, who worked with Amazon’s Whole Foods division in Seattle, received an email on Monday notifying him of his termination. His suspension in September followed internal Slack posts criticizing Amazon’s collaboration with […]

featured

IMF urges Nigeria, others to strengthen governance, curb corruption

The International Monetary Fund has urged Nigeria and other emerging economies to strengthen governance diagnostics and curb illicit financial flows to boost resilience and rebuild public trust in state institutions. IMF Managing Director Kristalina Georgieva made the call during a Civil Society Town Hall at the ongoing IMF-World Bank Annual Meetings in Washington, D.C. She […]

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