Business

EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

Former Asia’s richest man sentenced to life in

  • 20th August 2026

US govt debt surpasses $40tn for first time

  • 20th August 2026

Contact Info

Some Populer Post

I earn ₦503,000 monthly, permanent secretaries get ₦900,000 —

featured News

Microsoft warns Africa risks becoming AI consumer

Tech

Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn

featured

EFCC charges two over alleged unlawful supply of FCMB

Business

Blog

Trump to unveil AI expansion plan amid US-China tech race
News

Trump repeats tariff threat to block BRICS from replacing dollar

The United States President, Donald Trump reiterated his plan to impose 100% import tariffs on BRICS countries (Brazil, Russia, India, China, and South Africa) if they attempted to reduce the use of the dollar in global trade. In a post on the social media platform Truth Social on Friday, Trump declared that the United States […]

Minister threatens to revoke Kogi-Benin Road contracts
featured

Road projects hit N20tn from N13tn due to reforms – Umahi

The Minister of Works, David Umahi, stated that reforms under the current administration, including the naira floatation and fuel subsidy removal, have increased the N13 trillion road projects inherited by the Bola Tinubu administration to approximately N20 trillion. Speaking during a meeting with a delegation from the Anambra and Enugu caucus of the 10th National […]

News

LNG exports fall 20% amid ongoing pipeline sabotage

Nigeria’s exports of Liquefied Natural Gas dropped by 20% last week, according to Bloomberg’s ship-tracking data. The decline is attributed to ongoing vandalism and sabotage of pipelines in the Niger Delta region. Nigeria LNG Ltd. confirmed to Bloomberg that these disruptions have affected gas supplies to its plant, leading to delays in scheduled shipments. “The […]

News

GHL directors demand $1bn damages from First Bank, allege defamation

GHL directors are demanding $1 billion in damages from First Bank following the federal high court’s decision to lift the freezing orders on assets. GHL directors, who were adversely impacted by the ex parte freezing order, have initiated legal action globally against First Bank, seeking $1 billion in damages each for defamation and the wrongful […]

China’s DeepSeek delays AI model after Huawei chip failure
featured News

Five things to know about China’s CHatGPT rival DeepSeek

China’s AI sector has taken a major leap forward with the release of DeepSeek R1, an open-source AI model that directly challenges industry giants like OpenAI’s ChatGPT. With its cost-effective, high-performance capabilities, DeepSeek R1 is disrupting the AI landscape and raising concerns among established players. What is DeepSeek R1? DeepSeek, founded in 2023, is a […]

Meta expands Threads ads globally amid rising competition with X
News

Meta’s Threads surges to 320m users amid growing popularity

Meta’s microblogging platform, Threads, is experiencing rapid growth, with users increasingly favoring the app over competitors like X. During Meta’s fourth-quarter earnings call on Wednesday, CEO Mark Zuckerberg announced that Threads now boasts 320 million monthly active users, up from 300 million in December and 275 million in November. While the month-over-month increase is modest, […]

News

50% tariff hike awaits approval – MTN CEO

The Chief Executive Officer of MTN Nigeria, Karl Toriola, Karl Toriola, has stated that while the Nigerian Communications Commission has proposed a 50% tariff increase for telecom operators in the country, the regulator has yet to approve its implementation. Toriola made this disclosure in an exclusive interview with Channels Television in Lagos. He said that […]

News

US plane with 64 passengers crashes into river

An American Airlines regional jet with 64 people onboard collided mid-air with an Army Black Hawk helicopter on Wednesday evening, causing both aircraft to crash into the Potomac River. Kansas Senator Roger Marshall confirmed that all 67 individuals aboard the two aircraft are feared dead. Authorities clarified that none of the helicopter’s three crew members […]

Access Bank nears final stages of National Bank of Kenya acquisition
News

Access Bank plans to tackle $81bn trade fiinance gap

Access Bank Plc has announced plans to host its inaugural Africa Trade Conference to address the $81bn annual trade finance gap on the continent. This was revealed in a statement on Wednesday. The conference, themed “Empowering Africa Through Trade, Innovation, and Sustainable Growth,” is set to take place in March in Cape Town, South Africa. […]

Onne customs reports N643bn revenue for 2024
News

Customs vow to cut cargo clearance time to one hour

The Nigeria Customs Service Port Terminal Multiservices Limited Command has expressed its commitment to achieving a one-hour clearance for roll-on-roll-off cargo, aiming to surpass its current two-hour record. The Customs Area Controller of PTML, Tenny Daniyan, made this statement on Tuesday during the command’s celebration of International Customs Day in Lagos. Roll-on-roll-off cargoes refer to […]

News

Rice production falls to 8.3MT despite interventions – Report

Nigeria’s rice production has dropped to 8.3 million tonnes for the 2024/2025 cycle, down from 8.9 million tonnes the previous year, despite ongoing government efforts to boost agricultural output. This decline has raised concerns as the Federal Government continues to implement interventions focused on improving food security and combating hunger nationwide. Data from the United […]

News

PETROAN partners Dangote refinery for PMS distribution

The Petroleum Products Retail Outlet Owners Association of Nigeria has announced that it has signed an agreement to begin distributing premium motor spirit from Dangote Refinery. This was disclosed by the National President of PETROAN, Billy Gillis-Harry, on Tuesday. Gillis-Harry stated that PETROAN will begin distributing Dangote Refinery’s premium motor spirit nationwide. He also emphasized […]

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