Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

Contact Info

Some Populer Post

NCAA to make RFID baggage tracking mandatory at airports

Aviation featured

RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

Blog

Business

BUA Cement’s pre-tax profit jumps 368.58% to N99.741b in Q1 2025

BUA Cement Plc has reported impressive financial results for Q1 2025, with pre-tax profit soaring by 368.58% year-on-year to N99.741 billion. Similarly, profit after tax surged by 351.45% to N81.124 billion. Notably, both pre-tax and post-tax profits have already exceeded the total profits for the full year of 2024. The 368.58% surge in pre-tax profit […]

New SEC regulation to enhance transparency in bank recapitalization
News

CBEX: Beware of fraudulent ponzi schemes, again SEC warns Nigerians

The Securities and Exchange Commission has issued a new warning to the Nigerian investing public, advising caution against fraudulent investment schemes such as Ponzi schemes and unregistered digital asset platforms. In its public notice on Thursday, the SEC highlighted the severe risks posed by illegal investment activities, including Ponzi schemes and unregistered digital asset platforms. […]

Oil and Gas

Oil marketers blame low demand for ongoing kerosene scarcity 

Oil marketers have cited low patronage and decreasing demand as the main reasons behind the ongoing scarcity of Household Kerosene. Consumers have raised concerns about the severe shortage and skyrocketing prices of kerosene. This disclosed by the National President of Petroleum Retailers Outlet Owners Association of Nigeria, Dr Billy Gillis-Harry, according to NAN. Gillis-Harry linked […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta takes down over 100m fake pages

Meta, the parent company of Facebook, announced that it has removed over 100 million fake Pages involved in scripted abuse aimed at artificially inflating reach. This move is part of broader efforts to counter coordinated fake engagement, fake accounts, and impersonation across its platforms. In a Thursday statement, Meta revealed that it had removed over […]

Coinbase waives fees on PayPal stablecoin, boosting crypto payment push
News

Coinbase waives fees on PayPal stablecoin, boosting crypto payment push

Coinbase, the largest publicly traded cryptocurrency exchange, is eliminating transaction fees for trades involving PayPal’s stablecoin, PYUSD, and will now allow users to redeem the token directly for U.S. dollars — a significant step forward in PayPal’s push to expand crypto-based payments. The move is part of a growing collaboration between Coinbase and PayPal to […]

News

IMF warns of rising global public debt, urges stronger fiscal policies

The International Monetary Fund has raised concerns about the rapid rise in global public debt, urging countries, especially emerging markets, to adopt stronger fiscal policies to reduce risks and stabilize their economies. It’s latest projections show global public debt will increase by 2.8% in 2025, more than double the 2024 estimate, pushing total debt levels […]

Crypto giant Tether boosts stake in Juventus to over 10%
News

Crypto giant Tether boosts stake in Juventus to over 10%

Cryptocurrency giant Tether has increased its ownership stake in Juventus Football Club to more than 10%, the company announced on Thursday, deepening its involvement in one of Europe’s most iconic football institutions. The move comes just months after Tether, the world’s fourth-largest crypto firm by market capitalization, made its initial investment in February. Juventus, Italy’s […]

Business

Afreximbank opens applications for 2025 internship program

The African Export-Import Bank is offering a competitive 6-month Internship Program for students and recent graduates to gain hands-on experience in trade, finance, and economic development. While the internship is not traditionally paid, successful candidates will receive a monthly, tax-free stipend of $1,000, along with a housing allowance of $500 for those relocating from outside […]

Tech

Nintendo Switch 2 pre-orders sell out across board in minutes

The Nintendo Switch 2 pre-orders sold out almost immediately after becoming available, leaving many fans scrambling for another chance to purchase one. Retailers like Walmart, Best Buy, and GameStop quickly ran out of stock due to the high demand, with some websites even crashing from the surge of customers. The rapid sellout highlights just how […]

IBM launches power-efficient Power11 chips to simplify AI use
News

IBM shares slide nearly 7% after federal contract suspensions

Shares of International Business Machines Corp. tumbled nearly 7% in early trading on Thursday after the tech giant revealed that several United States federal contracts had been suspended, casting fresh doubts over its consulting business amid an increasingly uncertain economic environment. IBM disclosed that 15 of its government contracts—worth approximately $100 million—had been shelved due […]

Air Peace resumes operations after NiMet strike suspension
News

Air Peace resumes operations after NiMet strike suspension

Air Peace has announced the full resumption of its flight operations effective Friday, April 25, 2025, after the suspension of the industrial action by staff and unions of the Nigerian Meteorological Agency. In a statement issued on Thursday by the airline’s Head of Corporate Communications, Ejike Ndiulo, Air Peace expressed gratitude to its passengers and […]

Aviation

NiMet workers end strike after FG’s intervention 

The employees of the Nigerian Meteorological Agency have called off their strike after the federal government intervened. The workers had embarked on indefinite strike on Monday due to welfare concerns. The strike is supported by three industry unions: the National Union of Air Transport Employees, the Amalgamated Union of Public Corporations, Civil Service Technical 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