Business

Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

Contact Info

Some Populer Post

Student loan: How to apply for NELFUND

featured Finance

NELFUND caps loan repayment at 10% of graduates’ monthly

Finance

Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

News

Blog

News

PenCom grants PFAs full authority to approve retirement benefits

The National Pension Commission has introduced a new directive that empowers Pension Fund Administrators to approve and process various categories of retirement benefits without prior authorization from the commission. This policy, set to take effect on June 1, 2025, aims to streamline pension payments and eliminate bureaucratic bottlenecks within Nigeria’s Contributory Pension Scheme. Previously, PFAs […]

Nigeria secures new financier for Kaduna-Kano rail project
News

Nigeria secures new financier for Kaduna-Kano rail project

The Nigerian Senate has announced the China Development Bank as the new financier for the Kaduna-Kano rail modernization project, setting the stage for its completion. This development follows the withdrawal of the previous financier, China Exim Bank, in 2020 due to complications arising from the COVID-19 pandemic. Dada Olusegun, Special Assistant to President Bola Tinubu […]

FG defends award of Lagos-Calabar coastal highway to Hitech
News

FG defends award of Lagos-Calabar coastal highway to Hitech

The Federal Government has justified its decision to award the Lagos-Calabar Coastal Highway project to Hitech Construction Company Ltd., citing the company’s expertise in concrete paving and its successful bid for additional sections of the project. Minister of Works, Sen. Dave Umahi, made this clarification during an inspection tour of the highway project in Lagos, […]

Baidu denies data breach allegations after exec's daughter's leak
Tech

China’s Baidu unveils free AI model to challenge DeepSeek

China’s Baidu released a new AI reasoning model on Sunday, and made its AI chatbot services free, signaling intensifying competition in China’s AI sector. This move follows the disruptive entry of start-up DeepSeek in January, which surprised major players with its open-source, cost-effective model. Chinese tech firms are now racing to upgrade their AI platforms […]

Tesla awaits approval to launch smart driving feature in China
Business

US state considers corporate law overhaul after Musk, others exit

Elon Musk’s response to the Delaware court ruling on his $56 billion pay package has sparked a broader debate on corporate governance. Musk openly criticized Delaware’s judiciary on social media, moved Tesla and his other companies’ incorporations elsewhere, and urged others to do the same, according to CNBC. In response to the wave of corporate […]

New SEC regulation to enhance transparency in bank recapitalization
News

SEC revokes Mainland Trust Limited’s license for regulatory violations

The Securities and Exchange Commission has revoked the registration of Mainland Trust Limited as a capital market operator, effective immediately. This action was taken due to the company’s failure to comply with regulatory directives and unresolved complaints against it. The revocation was executed under the authority granted by Section 38(4) of the Investments and Securities […]

Nigerians may pay N4trn debt of reckless high-profile persons - AMCON
News

Nigerians may pay N4trn debt of reckless high-profile persons – AMCON

The Asset Management Corporation of Nigeria is facing significant challenges in recovering more than N4 trillion in outstanding debts and has called on the media to help hold debtors accountable. AMCON’s Head of Corporate Communications, Mr. Jude Nwauzor, made this appeal while addressing journalists in Ikeja on Friday, urging the press to play a proactive […]

Tony Elumelu calls for global investment in Africa
Investment

Tony Elumelu calls for global investment in Africa

Nigerian billionaire and business leader Tony Elumelu has emphasized Africa’s unparalleled return on investment, urging global stakeholders to recognize and tap into the continent’s vast economic potential. “There is nowhere else in the world that can match the return on investment that our continent offers,” Elumelu, 61, wrote in a post on X, formerly Twitter, […]

World

Investment fraud cost US consumers $5.7bn in 2024 – FTC

Investment scams cost American consumers $5.7 billion in 2024, marking a 24% increase from 2023, according to the Federal Trade Commission. This made investment fraud the largest category of consumer losses, according to CNBC. FTC data shows that 79% of those who reported investment scams lost money, with an average loss of over $9,000 per […]

Telegram founder alleges French pressure to censor Romanian conservatives
Tech

Telegram CEO Pavel Durov granted permission to leave France – Report

Pavel Durov, the founder of the messaging platform Telegram, has been granted temporary permission to leave France and has relocated to Dubai, according to sources cited by AFP. “He departed France this morning,” a source familiar with the case told AFP, adding Durov had left with the authorities’ permission. According to another source, an investigating […]

World

Canada resumes imports from biggest US pork plant amid trade disputes

Canada has resumed Smithfield Foods’ Tar Heel, North Carolina, U.S. biggest pork-processing plant after a week-long suspension, the company announced on Friday. The suspension briefly restricted a market for U.S. pork amid farmers’ concerns that trade disputes with major buyers like Mexico, Canada, and China could hurt agricultural exports. Smithfield CEO, Shane Smith, 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