Business

Crude prices slide as US-Iran peace revives bearish

  • 21st June 2026

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

Contact Info

Some Populer Post

FCT motorists lament high fuel cost despite oil drop

featured Oil and Gas

Oyedele, Wike meet to harmonise FCT tax administration

Finance

Big tech reroutes Gulf data via Iraqi pipeline-linked fiber

Tech

Crude prices slide as US-Iran peace revives bearish bets

Business

Tag: Economy

Mark Zuckerberg closes in on Elon Musk, gains $54bn in 2024
Tech

Meta still committed to metaverse projects, says Zuckerberg

Meta CEO, Mark Zuckerberg has said that the company is still focused on its metaverse project despite recent AI investments. “I don’t know how to more unequivocally state that we’re continuing to focus on Reality Labs and the metaverse,” Zuckerberg told The Verge, and maintained that the company is still committed to investing $15 billion […]

Business

CBN to host first MPC meeting under Yemi Cardoso

The Central Bank of Nigeria will hold its inaugural Monetary Policy Committee meeting on February 26th and 27th. Nairametrics reported that this is according to a preliminary MPC meeting calendar signed by the CBN’s Director of MPD. According to the document, the bank will host its second MPC meeting on March 25th and 26th, 2024. More […]

Customs resume electronic auction of vehicles, overtime goods
News

Customs resume electronic auction of vehicles, overtime goods

The Nigeria Customs Service announced on Friday that it has resumed the electronic auctioning of abandoned, confiscated cars and other items, including containerized consignments that have been sitting in ports for years. BusinessDay reported that according to the National Public Relations Officer for Customs, Abdullahi Maiwada, the redesigned e-auction platform was presented on Tuesday, January 16, 2024. […]

World Bank bans Nigerian companies, CEO over fraudulent practices
News

Internet access cut poverty, boosted employment in 2023 – W’Bank

The World Bank has revealed that exposure to internet access after more than three years resulted in a 7% reduction in extreme poverty in Nigeria and Tanzania. This exposure resulted in an 8% rise in labour force participation and pay employment. The bank issued a new brief that read: “In 2023, a World Bank flagship report found that […]

NGX halts trading of delisted-GSK shares
featured

GSK gets SEC approval to delist from NGX

GlaxoSmithKline Consumer Nigeria Plc has announced that it has received formal Securities and Exchange Commission approval for its proposed scheme of arrangement. This will lead to minority investors getting a total cash payment of N17.42 per share for each share owned. GlaxoSmithKline UK, a prominent pharmaceutical company, announced its pullout from Nigeria in August after more […]

Port Harcourt Disco promises clients impactful year
Electricity

Port Harcourt Disco promises clients impactful year

The Management of the Port Harcourt Electricity Distribution Plc has guaranteed customers within its franchise, a new year of positive impact as it launched the business year. According to Arise News, PHED’s Managing Director and Chief Executive Officer, Dr. Benson Uwheru, offered the assurance at a strategic discussion with business executives from across the coverage region. The MD reiterated […]

Amazon plans stand-alone app for payments in India
Tech

Amazon lays off staff from Buy with Prime division

Amazon on Thursday, announced that it is letting go of less than 5% of its workforce at its Buy with Prime division. Buy with Prime, which debuted in 2022, provides fulfilment and shipping services via its logistics network to businesses that aren’t Amazon merchants. The division is still a high priority, according to Amazon, which […]

FG relocates FAAN headquarters from Abuja to Lagos
Aviation

FG relocates FAAN headquarters from Abuja to Lagos

The federal government has announced the relocation of the Federal Airport Authority of Nigeria from Abuja to Lagos. FAAN’s managing director and chief executive officer, Olubunmi Kuku, stated this in a circular dated January 15, 2024. According to Kuku, the Minister of Aviation and Aerospace, Festus Keyamo, gave the order to relocate the headquarters to Lagos. In […]

Students sign up for Cousera AI courses every minute - CEO
Tech

Students sign up for Cousera AI courses every minute – CEO

For its artificial intelligence courses in 2023, the American edutech platform Coursera adds a new student per minute on average, according to CEO Jeff Maggioncalda’s statement on Thursday. “I’d say the real hotspot is generative AI because it affects so many people,” Jeff told Reuters at the World Economic Forum in Davos. With the help […]

Top 10 billionaires in the world 
featured

Top 10 billionaires in the world 

The Forbes Real – Time Billionaires list has revealed that Elon Musk is the world’s wealthiest person as of 18 January 2024, with a staggering net worth of over $227 billion. He is the CEO of a number of companies, including electric car manufacturer Tesla and space exploration company SpaceX and his recently purchased Twitter now known […]

Meta’s director Sheryl Sandberg steps down
Tech

Meta’s director Sheryl Sandberg steps down

The former chief operating officer of Meta, Sheryl Sandberg, on Wednesday said on Facebook that she will be leaving her role as a director of the company in May when her term comes to an end. In the post, Sandberg stated, “Meta business is strong and well-positioned for the future, so this feels like the […]

Equity market loses N92bn as stocks tumbles
featured

Nigeria’s stock market crosses 90,000 mark

Nigeria’s stock market is now the greatest in the world, according to a strong close on Wednesday that helped it overcome Argentina, which it trailed last week. BusinessDay reported that the Nigerian Exchange Limited All Share Index climbed 2.38 per cent on Wednesday, reaching the 90,000 mark as bulls dominated trading. The market is up 20.45 per […]

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