Business

SEC clears Blockchain, others for regulatory incubation

  • 18th August 2026

FG to connect all riverine communities to telecom

  • 18th August 2026

FG eyes 6,000MW power generation, wheeling capacity before

  • 18th August 2026

Crude oil prices rise as Iran rules out

  • 17th August 2026

Contact Info

Some Populer Post

SEC clears Blockchain, others for regulatory incubation

Business

FG to connect all riverine communities to telecom network

Business

FG eyes 6,000MW power generation, wheeling capacity before December

Business

Otedola acquires 147.74m First HoldCo shares for N20.7bn

Banking

Blog

Nigeria Exchange in decline two weeks in a row
News

NGX rebounds, adds ₦82bn to market capitalization

The Nigerian Exchange Limited saw a modest rebound, gaining ₦82 billion in market capitalization. The All-Share Index rose by 0.12 per cent to 106,220.62 points, driven by gains in UPDC Plc, International Breweries, and Royal Exchange Plc. However, the market remains on a weekly decline of 0.52 per cent and a four-week loss of 2.7 […]

MTN Nigeria to build new HQ in Eko Atlantic
News

MTN Nigeria to build new HQ in Eko Atlantic

MTN Nigeria, the country’s largest mobile network operator, has announced plans to build its new headquarters in Eko Atlantic City, joining a growing list of major corporations relocating to the ambitious 10-square-kilometer development. The move places MTN alongside prominent firms such as First Bank and Dangote Group, with the United States Embassy also constructing a […]

featured

FG shifts focus to investment, cuts reliance on borrowing – Minister

The Federal Government has enhanced its resource allocation strategy to improve efficiency and sustainability while reducing dependence on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced this on Thursday at the opening of a two-day high-level interactive session in Abuja. Edun stated that instead of accumulating more […]

Oil and Gas

Renaissance completes takeover of Shell’s onshore assets

Renaissance Africa Energy Holdings has finalized its acquisition of Shell Petroleum Development Company of Nigeria, marking a significant shift in Nigeria’s oil and gas sector. This transaction, valued at $2.4 billion, concludes Shell’s nearly century-long onshore operations in the country. This comes after the sale and purchase agreement with Shell in January 2024 and the […]

Private sector laments loan repayment as interest rate hits 26.26%
News

CBN uncovers N2.3m illicit naira dealings

The Central Bank of Nigeria has raised concerns about the rising incidence of illicit transactions involving banknotes, warning that this trend threatens financial system stability. CBN Governor, Olayemi Cardoso, made this known on Thursday at the Bank’s Security Workshop in Abuja, where security and law enforcement agencies convened to tackle the issue. Cardoso revealed that […]

Aviation

Foreign airlines hike tickets over trapped funds, naira devaluation – Keyamo

The Federal Government, through Aviation Minister Festus Keyamo, is working to reduce high airfares for domestic and international travel while improving airport safety and security. Keyamo made this disclosure at the Ministerial Press Briefing on Thursday in Abuja. He identified several factors contributing to high exorbitant fares, including limited access to affordable aircraft leasing, trapped […]

Trump escalates trade war with 200% tariff on European alcohol
News

Trump escalates trade war with 200% tariff on European alcohol

President Donald Trump has vowed to impose a sweeping 200% tariff on European alcoholic beverages, responding to the European Union’s retaliatory tariffs on U.S. steel and aluminum. The escalating trade battle intensified after the EU announced a 50% tariff on American spirits, set to take effect on April 1. The move came swiftly after the […]

Reps adopt tax reforms, retains VAT at 7.5%
News

Reps adopt tax reforms, retains VAT at 7.5%

The House of Representatives has adopted the Tax Reform Bills as a working document, confirming that Nigeria’s Value Added Tax will remain unchanged at 7.5%. Presenting the report on Thursday, the Chairman of the Finance Committee, James Faleke, assured lawmakers that contentious areas had been addressed and reaffirmed that the VAT rate would not increase. […]

TETFund allocates N700bn to varsities for 2025
News

TETFund allocates N700bn to varsities for 2025

TETFUND has announced its intervention allocations for 2025, with universities set to receive N2.8 billion each, polytechnics N1.9 billion, and colleges of education N2.1 billion. The funding is part of a larger N700 billion package approved by President Bola Tinubu to bolster infrastructure, research, and development across Nigeria’s tertiary institutions. The Executive Secretary of TETFund, […]

NAICOM reveals over 1,500 complaints against Nigerian insurers
News

NAICOM reveals over 1,500 complaints against Nigerian insurers

The National Insurance Commission has released a comprehensive report revealing that 1,571 complaints were lodged by policyholders against various insurance companies in Nigeria, with Industrial and General Insurance Plc recording the highest number of grievances. Published on NAICOM’s website on Wednesday, the report is part of the commission’s ongoing efforts to ensure insurers honor valid […]

Meta plans fourth AI overhaul in six months
News

Meta wins lawsuit halting promotion of ex-employee book

Meta Platforms secured an emergency arbitration ruling on Wednesday to temporarily halt the promotion of ‘Careless People,’ a tell-all book written by former company executive Sarah Wynn-Williams. The ruling, issued by the American Arbitration Association’s emergency arbitrator Nicholas Gowen, was published by the social media giant. Wynn-Williams, Meta’s former director of global public policy, paints […]

Xbox unveils AI-powered gaming assistant
News

Xbox unveils AI-powered gaming assistant

Xbox has introduced “Copilot for Gaming,” an AI-powered virtual assistant designed to enhance player experiences through real-time guidance, game recommendations, and even a bit of trash talk. Powered by Microsoft’s AI technology, Copilot is a voice-activated assistant capable of answering questions, offering strategic advice, and adapting to a player’s style. “It can trash talk you […]

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