Business

Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

  • 10th August 2026

Nigeria’s monthly data consumption hits record 1.5mTB in

  • 10th August 2026

NITDA urges regulatory collaboration to support emerging technologies

  • 10th August 2026

Contact Info

Some Populer Post

South Africa’s unemployment rate hits four-year high of 33.6%

Economy

Anthropic begins embedding invisible watermarks into Claude-generated text

Technology

BREAKING: Lagos Airport arrivals reopen, Air Peace resumes noon

featured Ports and Airports

How to apply for ECOWAS $65,000 startup awards to

Finance

Blog

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
News

JAPA: Overstay your visa, face permanent ban, US warns Nigerians

The United States government has issued a stern warning to foreign nationals, including Nigerians, cautioning that overstaying a U.S. visa could lead to deportation and a permanent ban from re-entering the country. In a statement made available to the press on Monday by the United States mission in Nigeria, U.S. immigration authorities reiterated their longstanding […]

Tech

CoreWeave expansion to double US city’s electricity consumption

CoreWeave Inc. is expanding a major data center in Texas, United States, in a move expected to double the city’s electricity consumption. This project in Denton, underscores the intensifying pressure artificial intelligence operations are placing on the U.S. power infrastructure. The site, being developed by Core Scientific Inc., will be used by OpenAI, according to […]

SpaceX commits $2bn to xAI in bold push
News

SpaceX commits $2bn to xAI in bold push

SpaceX has invested $2 billion in Elon Musk’s artificial intelligence startup xAI, as part of a broader \$5 billion equity fundraising round, according to a report by The Wall Street Journal. The deal marks a deepening of financial and operational ties between Musk’s companies, as xAI positions itself to challenge AI leaders like OpenAI and […]

Buhari to inaugurate Dala International Inland Dry Port on Jan. 30
News

Key economic moments that defined Buhari’s presidency

Former Nigerian President Muhammadu Buhari passed away on July 13, 2025, at a clinic in London, United Kingdom. He was 82. A retired major general, Buhari was one of Nigeria’s most prominent political figures. Buhari’s demise was announced by his former spokesperson, Garba Shehu, who described the late president as a patriot who “dedicated his […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured

Stop taking our money abroad, Dangote warns Africans

The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called on African entrepreneurs, business leaders, and high-net-worth individuals to channel their investments into the continent’s development. According to a statement from his media team, Dangote made the call while hosting participants of the Global CEO Africa Programme from Lagos Business School and […]

Tesla whistleblower wins legal fight against Elon Musk
Tech

Tesla will not merge with xAI – Elon Musk

Elon Musk on Monday publicly dismissed the idea of a merger between Tesla and his artificial intelligence company, xAI, amid growing speculation over the future alignment of the two entities. Responding to a post by X account @BullStreetBets_—which asked Tesla investors whether they supported a potential merger—Musk replied with a definitive “No,” signaling his opposition […]

Aviation

UK airport shuts indefinitely as plane crash sparks fireball

Southend Airport in the United Kingdom has been shut down indefinitely after a small aircraft crashed on Sunday afternoon, triggering a massive fireball. Footage shared online captured intense flames and thick black smoke billowing from the scene. Essex Police said officers were called shortly before 4pm following reports of a collision involving a 12-metre plane. […]

FG approves Air Peace for direct Nigeria-Brazil flights
News

FG approves Air Peace for direct Nigeria-Brazil flights

The Federal Government has approved Nigerian carrier Air Peace to commence direct passenger flights between Nigeria and Brazil. The announcement was made by Minister of Foreign Affairs, Yusuf Maitama Tuggar, during a recent television interview, in which he highlighted the growing aviation and trade cooperation between the two countries. According to Tuggar, the green light […]

FCTA shuts FIRS, Access Bank Abuja offices over rent debt
News

FIRS to host conference on illicit financial flows

The Federal Inland Revenue Service is set to host a two-day national conference on illicit financial flows, aimed at strengthening efforts to curb tax evasion and protect Nigeria’s financial system. In a statement on Sunday, the Special Adviser on Media to the FIRS Chairman, Dare Adekanmbi, said the conference will take place from July 22 […]

Business

FG unveils locally-made machines to cut housing costs

The Federal Ministry of Housing and Urban Development has unveiled a set of locally-developed machines aimed at reducing housing construction costs and enhancing local innovation in Nigeria’s building sector. The initiative, led by the Director and Head of Department of Federal Public Assets Maintenance, Ibechile Egwudale, was presented in Abuja with the Minister of Housing, […]

Business

Financial institutions must lead in shaping AI future — NESG

The Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, has called on Nigeria’s financial sector to take the lead in building a responsible and inclusive future for artificial intelligence, as the technology reshapes the landscape of banking and financial services. Yusuf, who also serves as Managing Partner at Verraki Partners, made the call during […]

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