Business

NITDA urges regulatory collaboration to support emerging technologies

  • 10th August 2026

Reps move to reform aviation laws, propose new

  • 10th August 2026

NCC grants Enugu 15-year lease to operate digital

  • 10th August 2026

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

  • 9th August 2026

Contact Info

Some Populer Post

Egypt’s inflation rises to 14.9%, ends cooling streak

Economy

Customs uncovers 399 firearms, rifle parts at Tin Can

Ports and Airports

FG spent ₦3.14trn servicing domestic debt in Q1 —

featured Finance

Naira trades at ₦1,362/$ on official FX market

featured Finance

Blog

TikTok removes more Universal Music songs as conflict worsens
Business

Unions slam TikTok over planned layoffs in UK moderation teams

TikTok is preparing to cut jobs in its trust and safety teams in the United Kingdom sparking criticism from unions who warn the move could undermine user protection. The affected staff oversee content moderation, a function unions argue is essential to safeguarding TikTok’s millions of British users. However, internal figures show the company is increasingly […]

Tech

Abu Dhabi-backend Space42 eyes African expansion, Musk’s Starlink rivalry

The race for Africa’s satellite internet market is intensifying as Abu Dhabi-based Space42 seeks new funding to accelerate its expansion across the continent, setting up a direct challenge to Elon Musk’s Starlink, which is already active in Nigeria and 17 other African countries. Backed by Abu Dhabi sovereign wealth fund Mubadala, Space42 is in early […]

Czech Republic bans DeepSeek over data security concerns
Tech

DeepSeek hints at China’s next-gen AI chips

Chinese artificial intelligence startup DeepSeek has suggested that China is close to unveiling homegrown “next generation” chips designed to power advanced AI systems, even as it rolled out an update to one of its flagship large language models. In a post on its official WeChat account on Thursday, the company said its newly released V3.1 […]

Nvidia to become world's most valuable company
Tech

Nvidia working with US officials on China AI chip exports

Nvidia Corp. is negotiating with the United States government over whether it can ship a new artificial intelligence chip to China, Chief Executive Officer Jensen Huang confirmed on Friday. The discussions come amid reports earlier this week that the semiconductor giant is developing a new product, codenamed B30A, which would be more powerful than the […]

Oil and Gas

PENGASSAN urges FG to divest majority stake in state-owned refineries

The Petroleum and Natural Gas Senior Staff Association of Nigeria has urged the federal government to sell its controlling shares in state-owned refineries. Speaking on Thursday in Abuja at the 4th PENGASSAN Energy and Labour Summit (PEALS 2025), the association’s president, Festus Osifo, made the call, according to NAN. The event, themed “Building a Resilient […]

MTN Nigeria profits surges ahead of Q1 results amid profitability hopes
Tech

MTN to disrupt service in three states for fiber maintenance

MTN Nigeria has announced that subscribers in parts of Adamawa, Borno, and Kano states will face temporary service disruptions this weekend due to scheduled network maintenance on a damaged fiber route. In a notice issued Friday, the company said the exercise will take place on Saturday, August 24, 2025, affecting 101 sites across 15 Local […]

featured

FG to clear N2.7tn gas debt with royalty credits – NUPRC

The Federal Government has outlined plans to offset its N2.7tn debt to gas producers through royalty credits, according to the Nigerian Upstream Petroleum Regulatory Commission. NUPRC Chief Executive, Gbenga Komolafe, disclosed this on Thursday during a virtual meeting hosted by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, to mark his second year […]

Business

Dangote refinery nears full capacity with 610,000 bpd output – Argus

The Dangote Petroleum Refinery is now running at unprecedented levels of reliability and efficiency, with production reaching approximately 610,000 barrels per day this month—approaching its official nameplate capacity of 650,000 bpd, according to global energy and commodity agency Argus. On a podcast titled “Can the Dangote Refinery Declare Victory Over Doubters?” obtained by our correspondent […]

The Vice-Chancellor of Maduka University, Enugu State, Professor Charles Ogbulogo, has said Nigeria’s blue economy holds great potential for the country and can contribute $1.5tn to the global economy if properly harnessed.
Business

Enugu accuses MainPower of overbiling Band A customers

The Enugu State Electricity Regulatory Commission has accused Mainpower Electricity Distribution Company Limited of defying its approved tariff. In a public notice, the commission noted that Mainpower is charging Band A customers N209.50/kWh, contrary to the sanctioned rate of N160.40/kWh. The commission expressed concern that the “violation” continues despite previous instructions to adhere strictly to […]

Business

Poor infrastructure undermines Nigeria’s economic potential – NESG

The Nigerian Economic Summit Group has highlighted that Nigeria’s infrastructure gaps are a significant obstacle to economic growth, constraining productivity and deterring investment. Ahead of the 31st Nigerian Economic Summit (NES #31), set for October 6–8, 2025, the event will focus on “Building Infrastructure for Competitiveness,” emphasizing the pivotal role of infrastructure in boosting economic […]

Tesla sets up shop in Morocco for African expansion
Tech

Tesla under probe for delayed crash reports

Tesla Inc. is under investigation by the United States National Highway Traffic Safety Administration after the agency found the automaker failed to report crashes as required. Documents posted on NHTSA’s website on Thursday show that the agency’s Office of Defects Investigation identified multiple Tesla crash reports submitted months after the incidents occurred. NHTSA said 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