Business

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

Dunamis terminal denies responsibility for Ago palace gridlock

  • 18th June 2026

FG ends mandatory stamp duty deductions by MDAs

  • 18th June 2026

New NIA chairman unveils blueprint for insurance sector

  • 18th June 2026

Contact Info

Some Populer Post

Tinubu commissions 7km Abuja airport bypass road

Transportation

Police bust telecom data fraudsters, recover data worth ₦3.8bn

Scams

Account for gold reserve under your govt, Ex-APGA chieftain

Opinion

ChatGPT can be tricked to produce sexualised content –

Tech

Blog

UBA begins $6bn project to support African SMEs
Banking

UBA releases unaudited Q1 2026 financial results

United Bank for Africa Plc has published its unaudited group financial results for the first quarter ended March 31, 2026. The results show a pre-tax profit of N160.655 billion, down from N204.264 billion recorded in Q1 2025, representing a 21.35 per cent year-on-year decline. Despite the drop in profit, gross earnings rose by 4.86 per […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Business featured

World Bank commits $8.2bn to tackle Africa’s electricity access gap

The World Bank Group has pledged $8.2 billion to boost electricity access across Sub-Saharan Africa, intensifying efforts to address one of the region’s most enduring development gaps, with nearly 600 million people still without power. The funding underpins “Mission 300,” a joint initiative with the African Development Bank Group to connect 300 million people to […]

Aviation featured

Airlines pay ₦2,230/l for aviation fuel despite NMDPRA price advisory

Despite a pricing advisory by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, oil marketers have continued to sell aviation fuel, also known as Jet A1, to airlines at N2,230 per litre and above, deepening concerns across Nigeria’s aviation sector. The NMDPRA had earlier indicated that aviation fuel should sell within a band of […]

Tech

Google signs Pentagon AI deal despite staff backlash

Google has reportedly entered into an agreement with the United States Department of Defense permitting its AI models to be used for classified operations, despite objections from some company employees urging Google to reconsider, The agreement allows the DoD to deploy Google’s AI for “any lawful government purpose,” according to The Information, citing a person […]

featured

Zero PoS fee strategy here to stay for SMEs – GTCO CEO

The Group Chief Executive Officer of Guaranty Trust Holding Company, Segun Agbaje, has stated that the bank’s zero Point of Sale charge policy is a permanent feature of its strategy aimed at supporting small and medium-sized enterprises in Nigeria. Speaking on Tuesday during the company’s Annual General Meeting, held virtually, Agbaje reaffirmed that the zero […]

Banking

ALTON demands urgent end to airtime credit regulatory dispute

The Association of Licensed Telecoms Operators of Nigeria has urged a swift resolution of the regulatory dispute disrupting Nigeria’s airtime credit market, warning that the continued impasse, despite subsisting court orders, threatens consumer protection, investor confidence, and overall regulatory stability in the telecoms sector. ALTON Chairman, Gbenga Adebayo, disclosed this in a statement, stressing that […]

OpenAI board rejects Elon Musk-led buyout offer
Tech

Judge calls for restraint as Musk–OpenAI legal battle begins

The United States judge presiding over the high-profile lawsuit between Elon Musk and OpenAI has urged the tech executives involved to limit their social media activity, following Musk’s recent critical posts about the ChatGPT maker’s leadership on X. Ahead of opening statements on Tuesday, US District Judge Yvonne Gonzalez Rogers advised Musk and OpenAI representatives […]

Nvidia shifts focus to robotics in 2025
Aviation

Japan deploys robots to assist baggage handlers at airports

Japan’s well-known but overworked baggage handlers at Tokyo’s Haneda Airport are set to get some robotic assistance, though their new teammates will require regular charging breaks. Japan Airlines plans to begin a trial of humanoid robots from early May, with the aim of eventually using them permanently to help ease the country’s persistent labour shortages. […]

Policy and Regulations

Lagos assembly backs unified tax bill, seeks public awareness

The Lagos State House of Assembly on Tuesday advanced deliberations on the Harmonised Taxes and Levies (Approved List for Collection) Bill 2025, with lawmakers unanimously endorsing the unification of taxes across the state and calling for extensive public sensitisation. The bill, which passed second reading during plenary on Tuesday, aims to establish a legal framework […]

Scams

Six in 10 Nigerian students involved in cybercrime — EFCC

The chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has raised concern that about six in every 10 university students in Nigeria are involved in cybercrime. Vanguard reported that he made the remark on Tuesday at the opening of the 8th biennial conference of the Committee of Pro-Chancellors of State-Owned Universities in Nigeria, […]

Business

Commodity prices to hit four-year high in 2026 – W’Bank

The World Bank has projected that commodity prices will climb this year to their highest level since 2022, as the ongoing conflict in Iran continues to disrupt key industrial supplies, including oil and metals. In its latest Commodity Markets Outlook released Tuesday, the Washington-based lender projected that its commodity price index will increase by about […]

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