Business

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

Contact Info

Some Populer Post

Poland seeks ex-justice minister’s extradition from US over ‘funds

News

FG launches digital platform to automate civil service posting,

Tech

Nvidia, Microsoft, SpaceX launch AI safety initiative

Tech

Snapchat introduces real-time music sharing feature for users

Tech

Blog

Business

OPay surpasses 45m users, expands merchant network nationwide

OPay says it has exceeded 45 million users and now serves more than one million merchants and businesses nationwide, highlighting the rapid expansion of digital payments and agency banking in the country. The fintech firm, which began operations in Nigeria in 2018, has grown into a major force in driving financial inclusion and supporting the […]

Business

Global markets brace for prolonged volatility as economic shock looms

Global financial markets are preparing for a prolonged phase of heightened volatility, as most of the world’s top economists warn of a potential shock across equities, private credit, and sovereign debt markets. The outlook is highlighted in the May 2026 edition of the World Economic Forum’s Chief Economists’ Outlook, released on Thursday. The report points […]

Tech

Anthropic becomes most valuable AI firm after $65bn raise

Anthropic, the artificial intelligence company behind the Claude chatbot, announced on Thursday that it had raised $65 billion in fresh funding, giving the firm a post-money valuation of $965 billion. The milestone makes Anthropic the world’s most valuable AI startup, surpassing rival OpenAI. The funding round caps a remarkable growth trajectory for Anthropic, which was […]

featured Oil and Gas

Dangote Refinery slashes petrol gantry price by ₦25 to ₦1,250/litre

The Dangote Petroleum Refinery has reduced its petrol gantry price by N25 per litre, lowering the cost from N1,275 to N1,250. The PUNCH reported that a senior Dangote Group official, who spoke on condition of anonymity because he was not authorised to comment publicly on the matter, confirmed the development to our correspondent on Saturday. […]

Business

Lagos waste recovery facilities to create 5,000 new jobs

The Managing Director of the Lagos Waste Management Authority, Dr Muyiwa Gbadegesin, says new material recovery facilities being developed by the Lagos State Government will create about 5,000 jobs. Gbadegesin disclosed this in an interview with the News Agency of Nigeria while monitoring the monthly environmental sanitation exercise in Apapa on Saturday. He said the […]

featured News

Prioritise skills, certificates no longer enough — Youth minister

Minister for Youth Development, Ayodele Olawande, has restated the need for practical skill acquisition among Nigerian youths. He emphasized that academic certificates alone are no longer sufficient in today’s labour market. He made the remarks on Friday during Channels Television’s Youth Forum 2026. The minister noted that many young Nigerians pursue higher education primarily to […]

Tech

Meta, Alphabet, others pay $27m to settle US school district lawsuit

A school district in Kentucky, United States has secured about $27 million in settlements from major social media companies over allegations that their platforms contributed to a student mental health crisis. The settlements were reached by the Breathitt County School District, which sued several technology firms, alleging that their platforms were intentionally designed to keep […]

Business featured

PoS operators threaten to suspend Verve card transactions nationwide

The Association of Point of Sale Service Providers may suspend and cripple banking operations in the country if the Central Bank of Nigeria and the FCCPC fail to immediately intervene in the alleged exclusivity practice by two companies. Nairametrics reported that the Association made the disclosure in a statement signed by Yomi Idowu, Communications Consultant […]

Business

CBN extends PoS geo-fencing enforcement deadline

The Central Bank of Nigeria has extended the enforcement of its Point-of-Sale terminal geo-fencing requirement to August 1, 2026, giving financial institutions and payment service providers more time to comply with the regulation aimed at improving oversight of electronic payment channels. The directive was contained in a circular dated May 29, 2026, which was obtained […]

Aviation

NAMA blames bureaucracy for delay in paying retirees’ benefits

The Nigerian Airspace Management Agency has blamed delays in paying outstanding retirees’ entitlements on long-standing bureaucratic, policy, and pension-related challenges inherited from previous administrations. The agency said the current management led by Managing Director Farouk Umar has already taken concrete steps to address the issue. It made the clarification in response to allegations accusing the […]

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