Business

IBM, OpenAI partner to target growing enterprise AI

  • 14th August 2026

FCCPC warns bakeries against compromising food safety

  • 14th August 2026

NAICOM confirms seven more insurers meet capital requirements

  • 13th August 2026

Aradel Holdings announces plans to begin refining petrol

  • 13th August 2026

Contact Info

Some Populer Post

Uber, Pony AI partner to expand robotaxi services globally

Tech

IBM, OpenAI partner to target growing enterprise AI market

Business

Keyamo to update Tinubu on aviation unions, airlines’ TSC

Aviation

Iran insists Strait of Hormuz remains blocked despite US

featured News

Blog

NELFUND to launch vocational loan scheme in Enugu by July
News

NELFUND to launch vocational loan scheme in Enugu by July

The Nigerian Education Loan Fund has announced plans to extend its student loan scheme to include vocational and skills acquisition centres across the country, with Enugu State selected as the launch point. The rollout is expected to begin between late June and mid-July. The announcement was made during a strategic sensitisation tour in Enugu, attended […]

Ecobank raises $125m in oversubscribed Eurobond issuance
News

Ecobank raises $125m in oversubscribed Eurobond issuance

Ecobank Transnational Incorporated has raised $125 million through the issuance of 10.125% Senior Notes due in 2029, marking a significant step forward for the bank and the broader African Eurobond market. The new notes, issued on Friday, May 15, 2025, will be consolidated with the bank’s existing $400 million 10.125% Senior Notes, also due in […]

The British government has entered a strategic partnership with OpenAI, the American firm behind ChatGPT, to enhance collaboration on artificial intelligence
Tech

OpenAI unveils Codex to compete with Google, Anthropic

OpenAI announced on Friday the launch of Codex, its most advanced AI coding agent to date, entering the rapidly growing market for AI-driven software development tools. The research preview, powered by codex-1—a specialized version of OpenAI’s o3 AI reasoning model—promises to deliver cleaner code, precise adherence to instructions, and iterative testing capabilities, positioning it as […]

Apple signals major AI spending shift, open to big acquisitions
Tech

Apple payment outage hits thousands, disrupts Pay, Wallet services  

Apple Inc. faced widespread outages across its payment services on Friday, impacting thousands of users relying on Apple Pay, Apple Wallet, Apple Card, and Apple Cash, according to the company’s support website and user reports. The disruptions, which began earlier in the day, affected nearly 3,000 Apple Pay users, as reported by Downdetector, a platform […]

Oil and Gas

Renaissance Africa exceeds production target by 40% in debut month

Renaissance Africa Energy Company Limited has announced it exceeded its oil production target by 40% within its first month of operations. According to a statement released on Friday by spokesperson Michael Adande, the performance highlights the company’s strong and immediate impact in Nigeria’s energy sector, as reported by the News Agency of Nigeria. Adande stated […]

https://scratched-wizard-8e4.notion.site/We-Raised-A-1-58m-Seed-Round-And-Turned-3-15c0c5d0dbb84a369766e61a9d6a977c
Tech

Why Starlink internet Is slower in Nigeria than other African countries – Report 

A new report from broadband intelligence firm Ookla has revealed significant variations in Starlink internet speeds across Sub-Saharan Africa, with Nigeria recording some of the slower speeds. In the first quarter of 2025, Starlink users in Nigeria experienced an average download speed of 49.6 Mbps, while users in Botswana enjoyed much faster speeds averaging 106.4 […]

Business

Lagos insists on valid planning permits for all construction projects

The Lagos State Government, through the Lagos State Physical Planning Permit Authority has emphasized the necessity for property owners, developers, and residents to obtain valid planning permits for all construction and development projects. This reminder was issued by LASPPPA’s General Manager, Kehinde Osinaike, who stressed the importance of securing the appropriate permits before commencing any […]

Business

French food giant Danone expands investments in Nigeria 

Danone, one of the world’s leading food and beverage companies, is increasing its investment in Nigeria, even as other multinationals exit due to a weakened naira and high inflation. The French-headquartered firm is preparing to expand its operations in Africa’s most populous nation, betting on signs of economic recovery and the long-term potential of the […]

Business

Singapore Airlines to pay staff seven months bonus after $2.1bn income

Singapore Airlines announced a 7.45-month bonus for its employees following a record net profit of S$2.78 billion for the 2024/25 financial year, the company reported on Friday. While slightly lower than last year’s 7.94-month bonus, the payout underscores SIA’s robust financial performance and its workforce’s contributions in a fiercely competitive aviation sector. The airline’s profit […]

AI Startup Cohere doubles revenue as demand for tools grows
News

AI Startup Cohere doubles revenue as demand for tools grows

Artificial intelligence startup Cohere has more than doubled its annualized revenue since the beginning of the year, reaching over $100 million as of May 2025. The surge in revenue comes as the company intensifies its focus on delivering secure, customized AI solutions for enterprise clients in heavily regulated industries such as finance, healthcare, and government. […]

TikTok launches feature for quality sleep amid lawsuits
News

TikTok launches feature for quality sleep amid lawsuits

In a move aimed at promoting mental well-being and healthier screen habits, TikTok has officially launched in-app guided meditation exercises, the company announced Thursday. The feature, which had been in testing with a select group of teenage users earlier this year, is now rolling out to all users globally. The meditation tool is designed to […]

TikTok launches campus verification to help students connect
News

EU charges TikTok with breaching online content rules

TikTok has been formally charged by the European Commission with violating the European Union’s Digital Services Act, potentially exposing its parent company, ByteDance, to a fine of up to 6% of its global revenue. The charges were issued on Thursday following a year-long investigation by EU tech regulators, who allege the social media platform failed […]

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