Business

Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

Contact Info

Some Populer Post

Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

featured Helth

Blog

Policy and Regulations

FCCPC debunks approval of new airtime credit operators

The Federal Competition and Consumer Protection Commission has denied reports claiming President Bola Tinubu approved plans to open Nigeria’s airtime credit market to nine new operators, stating that it neither initiated nor participated in the alleged proposals. According to The PUNCH, the FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, said in a statement on Sunday […]

Electricity

Jos DisCo debunks claims of higher electricity tariffs

Jos Electricity Distribution Plc has dismissed reports alleging that customers within its franchise area pay higher electricity tariffs than those served by other distribution companies in the country. The company was reacting to a viral video in which a Bauchi State resident claimed that prepaid meter users under JED pay more for electricity tokens than […]

featured Finance

Reps recover over ₦521m in unremitted VAT from CBN

The House of Representatives Public Accounts Committee has recovered ₦521,765,134.17 in unremitted Value Added Tax from the Central Bank of Nigeria following its ongoing investigation into alleged revenue leakages and outstanding liabilities owed to the Federal Government. The recovery is part of an inquiry initiated by the House following a motion titled “Investigation of Revenue […]

Electricity

Constant blackouts cost Nigeria 10% of GDP annually — Report

Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product annually, according to an economic brief released by a financial expert, Martins Itua. Vanguard reported that the Director of Arthur Group, Mr Itua, stated that the heavy financial burden of self-generated electricity has become the primary barrier […]

Oil and Gas

Navy intercepts 135,000 litres stolen fuel in Rivers waterways

The Nigerian Navy says its operatives under Operation Delta Sentinel have intercepted over 135,000 litres of suspected illegally refined Automotive Gas Oil during separate operations in Rivers State waterways. According to Vanguard, the Director of Information, Navy Captain Abiodun Folorunsho, said the operations were carried out by personnel of the Nigerian Navy Ship Pathfinder around […]

featured News

Labour drags FG to ILO over ‘violations of rights’

The Organised Labour has dragged the Federal Government before the International Labour Organisation accusing authorities at both federal and state levels of systematic violations of workers’ rights, trade union freedoms and collective bargaining agreements in breach of international labour conventions. Vanguard reported that addressing the Committee on the Application of Standards, CAS, at the opening […]

Opinion

HURIWA warns of economic cruelty as cooking gas hits N2,000/kg

The Human Rights Writers Association of Nigeria has condemned the sharp rise in the price of Liquefied Petroleum Gas, popularly known as cooking gas, describing the development as “economic cruelty” and warning that unchecked profiteering is undermining citizens’ constitutional right to life. The group expressed concern over reports that cooking gas now sells for as […]

Helth

NDDC donates medical equipment to Rivers health centre

The Niger Delta Development Commission has donated medical equipment to the Model Primary Health Care Centre in Orogbum Community, Port Harcourt Local Government Area of Rivers State. The Commission said the donation is part of its efforts to strengthen healthcare infrastructure and improve access to quality healthcare services across the Niger Delta region. The PUNCH […]

featured Policy and Regulations

Court voids National Assembly’s ₦110bn vehicles, allowances spending

The Federal High Court sitting in Lagos has declared unlawful the National Assembly’s controversial N110 billion vehicle procurement and allowance schemes, ruling that the expenditure of N40 billion on 465 vehicles for lawmakers and N70 billion in support allowances for newly elected members breached procurement laws, constitutional obligations and the public trust. The court also […]

Tech

Google to pay SpaceX $920m monthly for AI computing capacity

SpaceX has secured another major compute agreement ahead of its highly anticipated IPO, this time with Google, according to a regulatory filing released on Friday. Under the arrangement, Google will pay SpaceX $920 million per month from October 2026 through June 2029 in exchange for access to approximately 110,000 NVIDIA GPUs, CPUs, memory systems, and […]

Tech

OpenAI launches Lockdown Mode to shield ChatGPT from prompt attacks

OpenAI has introduced a new security feature designed to provide additional protection against prompt injection attacks, a technique in which malicious instructions are hidden within webpages or other content sources accessed by chatbots. Known as Lockdown Mode, the feature disables several capabilities, including live web browsing, access to and display of web-based images, deep research […]

Business

MTN launches initiative to address subscribers’ complaints over data

Telecommunications giant MTN Nigeria has launched a public engagement initiative aimed at addressing recurring concerns from subscribers over data consumption and billing practices. Speaking at a forum tagged “Data on Trial” held in Lagos on Saturday, the company’s Chief Corporate Services and Sustainability Officer, Tobe Okigbo, said the exercise was designed to provide transparency and […]

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