Business

FBI asks US court to keep Tinubu-related records

  • 21st August 2026

US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

Contact Info

Some Populer Post

Walmart to accept Apple Pay, Google Pay at US

Tech

FBI asks US court to keep Tinubu-related records confidential

Business

Meta knew of child safety risks but did little

Tech

Tesla recalls nearly three million vehicles in China over

Business

Blog

News

FG sees economic gains from Saudi Arabia diplomatic efforts – Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun announced on Sunday that the country’s recent economic diplomacy with Saudi Arabia had started to deliver positive outcomes, including investments, foreign exchange inflows, and job creation. Edun had led a high-level delegation to Saudi Arabia to follow up on President Buhari’s prior […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
featured

CBN accused of misappropriating N2.7tn interest on Ways and Means

The Federal Government has accused the Central Bank of Nigeria of misappropriating N2.73 trillion in interest payments from Ways and Means advances, raising alarms over the management of public funds. The allegation was made in the Federal Government’s consolidated financial statement for the year ending December 31, 2021, which was submitted to the National Assembly […]

Aviation

South Korea’s deadliest air disaster claims 179 lives

The deadliest air disaster in South Korea’s history occurred on Sunday when Jeju Air flight 7C2216 crashed at Muan International Airport, killing 179 people. The plane, arriving from Bangkok with 175 passengers and six crew members, belly-landed, skidded off the runway, and burst into flames after colliding with a wall. The crash happened shortly after […]

NCC dismisses rumors of telecom tariff increase
News

NCC dismisses rumors of telecom tariff increase

The Nigerian Communications Commission has refuted claims that telecommunications tariffs will increase starting January 2025, urging subscribers to disregard the false reports. In an official statement, the NCC labeled the rumors as baseless and assured the public that no such tariff hike has been approved. A senior NCC official emphasized that any adjustments to telecom […]

News

Vandalism derails FG’s 6,000MW power generation goal, says minister 

The Minister of Power, Adebayo Adelabu, has identified vandalism of critical power transmission infrastructure as a significant barrier to achieving the target of 6,000 megawatts of electricity generation by December 2024. He noted that while the government had taken steps to meet this goal, repeated attacks on electricity towers have derailed progress. The was disclosed […]

News

Tantalizers signs MoU to acquire DanBethel Marine

Tantalizers Plc has signed a Memorandum of Understanding to acquire the assets of DanBethel Marine Services Limited, a marine and fishing enterprise based in Apapa. This development follows the company’s recent N1 billion private equity injection from Food Specialties and Banklink Africa Private Equities, which jointly acquired a majority stake in Tantalizers. This was disclosed […]

News

Treasury bills subscription hits ₦38.08tn in 2024 – CBN

Investors’ subscription to Nigerian Treasury Bills surged from N23.51 trillion in 2023 to N38.08 trillion in 2024, according to a report by the Central Bank of Nigeria. This growth reflects increased demand for short-term government securities as the apex bank intensifies efforts to manage liquidity in the financial sector. According to the CBN’s ‘Primary Market’ […]

featured

No Tinubu influence on NNPC operations – NNPCL

The Nigerian National Petroleum Company Limited has emphasized its operational independence, stating that President Bola Tinubu does not interfere in its activities. The national oil company clarified that decisions regarding employment, promotions, appointments, and the movement of business leaders within the organization are free from considerations of ethnicity, religion, tribe, or political affiliation, underscoring its […]

Nigerian Box Office grosses N1bn in Christmas week
News

Nigerian Box Office grosses N1bn in Christmas week

The Nigerian box office has reached a historic milestone, surpassing the N1 billion mark in gross earnings within a single week for the first time ever. Between December 20 and December 26, 2024, the industry earned an impressive N1.02 billion, marking a significant achievement and solidifying Nigeria’s growing influence in global cinema. Boxing Day, December […]

White House leads TikTok acquisition deal
News

Trump calls for delay as TikTok ban nears

President-elect Donald Trump has called for a delay in the January 19 deadline requiring the app’s sale or a potential ban as the United States Supreme Court prepares to hear a crucial case regarding TikTok’s future in the country. The request, filed by Trump’s solicitor general nominee John Sauer, seeks additional time to negotiate a […]

News

Excessive cash settlements driving high core inflation in Nigeria – Expert

Excessive reliance on cash settlements in Nigeria drives high core inflation, according to the Principal Partner at Dion & Associates Ltd, Charles Iyore. Speaking on Sunrise Daily on Channels TV on Saturday, Iyore highlighted the challenges of cash-based transactions and inefficiencies at federal and state levels. Iyore identified excessive cash transactions as a major contributor […]

News

OPEC’s influence on global oil prices significantly weakened – Expert

OPEC’s market-shaping influence over global oil prices may be waning, according to the Head of Petroleum Analysis at GasBuddy, Patrick De Haan, during his appearance on CNBC’s Fast Money. De Haan highlighted the challenges facing OPEC, particularly its ongoing struggle to maintain higher oil prices. “OPEC’s relevance likely has been reduced. They are continuously fighting […]

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