Business

Italian divers discover 2,000-year-old Roman shipwreck

  • 9th August 2026

Spain checks 200 travellers as Italy border controls

  • 9th August 2026

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Contact Info

Some Populer Post

Italian divers discover 2,000-year-old Roman shipwreck

Business

FMBN launches ₦100m diaspora mortgage scheme for Nigerians in

Housing

NLC demands overhaul of Nigeria’s ‘failing’ energy sector model

Energy

Myspace seeks comeback as algorithms reshape social media

Tech

Blog

US court revives lawsuit against Elon Musk over child porn content
Business

Tesla proposes record $1trn pay package for Musk

Tesla’s board has proposed a $1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently asked for a bigger stake in […]

featured Scams

‘I’m no thief’, Sujimoto boss cries out over EFCC wanted notice

The Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, has reacted to the notice by the Economic and Financial Crimes Commission declaring him wanted over alleged money laundering and diversion of funds. In a video shared online, Ogundele denied stealing government money, insisting he was a victim of failed agreements and rising costs […]

China denies link to cyberespionage group accused of targeting Singapore
News

China imposes temporary anti-dumping duties on EU pork imports

China’s commerce ministry said Friday it would impose temporary duties on European Union pork imports, after an investigation found evidence of dumping. Beijing launched the probe last year during scrutiny by Brussels of Chinese state subsidies for the electric vehicle industry. “Investigating authorities have preliminarily determined that imports of relevant pork and pig by-products originating […]

News

NRC undergoes major shake-up after Kaduna-Abuja train accident

The Nigerian Railway Corporation has undergone a significant management reshuffle, barely 10 days after a train accident on the Kaduna-Abuja route injured 20 people. NRC’s Managing Director, Dr Kayode Opeifa, announced a sweeping reorganisation that includes the appointment, redeployment, and retention of district managers and senior officers across the corporation’s operational corridors, according to an […]

Price of of cooking gas rose by 13.75% in May 2024
Oil and Gas

Cooking gas price drops by 17.4% in August

The average retail price of Liquefied Petroleum Gas, popularly known as cooking gas, fell by 17.4 per cent month-on-month, dropping from N14,375 in July to N11,875 in August 2025, according to the latest report by the National Bureau of Statistics. On a year-on-year basis, the price also dropped by 16.7 per cent, compared to N14,261.57 […]

Business

FG assures indigenous contractors of pending project payments

Finance Minister Wale Edun has assured indigenous contractors that payments for completed projects will commence next week. The assurance was made following a meeting organized by Deputy Speaker Benjamin Kalu in Abuja, according to a statement on Thursday by his chief press secretary, Levinus Nwabughiogu. Edun noted that the federal government has implemented a structured […]

Oil and Gas

FCCPC, NMDPRA pledge to protect consumers in petroleum sector

The Federal Competition and Consumer Protection Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have committed to safeguarding consumer interests in the petroleum sector. The pledge was made during a courtesy visit on Thursday, when FCCPC CEO Tunji Bello received NMDPRA CEO Farouk Ahmed, the commission said in a statement. During the meeting, […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira appreciates to N1,514.86/$1, hits six-month high

The naira climbed to a six-month high of N1,514.86 per dollar at the official foreign exchange market, driven by sustained increases in liquidity and external reserves. The last time the naira traded stronger than this was on March 6, 2025, when it appreciated to N1,512.30 per dollar in the official market. At the Nigerian Foreign […]

Business

Zenith Bank to launch Ivory Coast operations in regional expansion drive

Zenith Bank Plc is set to expand its African presence, starting with the launch of operations in Ivory Coast as part of a broader regional growth strategy backed by its stronger capital base. The bank’s Head of Strategy, Olukayode Akinbinu, said Zenith is considering both greenfield investments and acquisitions across West and Central Africa, with […]

Banking

CBN unveils compliance unit to boost risk, market oversight

The Central Bank of Nigeria has announced the creation of a dedicated Compliance Department, a move designed to strengthen regulatory oversight and streamline supervisory functions. In a circular signed by Olubunmi Ayodele-Oni, the apex bank disclosed that the department was set up in the first quarter of 2025 and assumed full operational responsibilities in the […]

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