Business

Ekiti approves ₦3bn for new high court office

  • 19th August 2026

How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Contact Info

Some Populer Post

FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Gombe approves ₦148.762m monthly subvention for state university

Finance

Ekiti approves ₦3bn for new high court office complex

Business

Blog

FBI accuses North Korea of $1.5bn crypto heist
News

FBI accuses North Korea of $1.5bn crypto heist

The U.S. Federal Bureau of Investigation has accused North Korea of orchestrating a $1.5 billion cryptocurrency theft from the exchange Bybit last week, marking the largest crypto heist on record. According to the FBI, the notorious hacking group TraderTraitor, also known as the Lazarus Group, was responsible for the attack. The stolen assets were rapidly […]

Nvidia CEO Jensen Huang dismisses DeepSeek concerns
News

Nvidia CEO Jensen Huang dismisses DeepSeek concerns

Nvidia’s CEO Jensen Huang remains confident about the company’s future, downplaying concerns that DeepSeek’s latest AI model will impact sales. Speaking during Nvidia’s earnings call on Wednesday, Huang reiterated that DeepSeek’s R1 model poses no threat to the chipmaker’s growth. Last month, Nvidia’s stock price took a record plunge following speculation that DeepSeek’s R1 model […]

News

TUC demands reversal of new ATM charges

The Trade Union Congress has urged the Central Bank of Nigeria to halt the planned increase in Automated Teller Machine transaction fees, set to take effect on March 1, 2025. In a statement signed by TUC President, Festus Osifo and Secretary General Nuhu Toro criticized the policy, describing it as an additional burden on Nigerians […]

News

NACCIMA, OPSN oppose proposed taxation of FTZs in Nigeria

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture and the Organised Private Sector of Nigeria have formally opposed the proposed taxation of Free Trade Zones as outlined in the Nigeria Tax Bill 2024. In a memorandum submitted to the National Assembly, these groups argue that introducing mandatory minimum tax rates and removing […]

Reddit launches AI-powered feature to compete with search engines
Tech

Meta’s decision to end third-party fact-checking ‘pragmatic’ – Reddit

Reddit co-founder Alexis Ohanian called Meta’s decision to end third-party fact-checking a “pragmatic” move, suggesting the program was unsustainable and ineffective. In January, shortly before Donald Trump’s second inauguration, Meta announced it would discontinue third-party fact-checking on its platforms, a program critics claimed unfairly targeted right-wing content. As part of broad policy changes at Meta, […]

News

NIMASA probes barge explosions in Rivers community

The Nigerian Maritime Administration and Safety Agency has initiated an investigation into the series of barge explosions that recently occurred in Rivers State, causing significant pollution and affecting fishing communities near Cawthorne Channel 1 and Alakiri Kulama. This was disclosed in a statement by the Head of Public Relations at the Nigerian Maritime Administration and […]

S'African billionaire dethrones Dangote as Africa’s richest man
News

Electricity woes stalling Nigeria’s industrial growth – Dangote

The President of the Dangote Group, Aliko Dangote, has attributed Nigeria’s industrialization challenges to unstable electricity. He noted that running a business abroad is 30% cheaper than in Nigeria and other African countries due to the reliable power supply in developed nations. Dangote made this remark while hosting Zambia’s Minister of Energy, Makozo Chikote, at […]

News

NLNG raises alarm over gas pipeline vandalism 

Nigeria LNG Limited has said it is facing significant operational challenges, with only two of its six gas trains currently functional due to persistent vandalism of its pipelines. Speaking at the Nigeria International Energy Summit in Abuja on Wednesday, NLNG Managing Director, Dr. Philip Mshelbila expressed concern over the heavy losses caused by insecurity around […]

featured

Gas flare commercialisation to unlock $2.5bn investment – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has announced that the Nigeria Gas Flare Commercialisation Programme is poised to unlock approximately $2.5 billion in investments within the country’s oil and gas sector. This initiative aims to transform environmental challenges posed by gas flaring into substantial economic opportunities, generating significant revenue and creating numerous jobs. NUPRC’s Chief […]

News

Why IOCs struggle to allocate crude to local refiners – Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has addressed the challenges International Oil Companies face in allocating sufficient crude oil to domestic refiners, including the Dangote Petroleum Refinery, under the Domestic Crude Oil Supply Obligation framework. Lokpobiri stated that most IOCs had signed pre-production agreements with long-term buyers, committing their crude […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
News

FG seeks listing of NNPCL, Dangote refinery on NGX

The Federal Government has reaffirmed its commitment to strengthening Nigeria’s capital market by encouraging major state-owned and private enterprises, including NNPC Limited and Dangote Petroleum Refinery, to list their stocks on the Nigerian Exchange. Vice President Kashim Shettima made this known at the 50th Inaugural Lecture of Nasarawa State University, Keffi, on Wednesday, emphasizing that […]

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