Business

IMF warns rising oil prices could drive global

  • 7th March 2026

Women entrepreneurs key to Nigeria’s $1trn economy goal

  • 7th March 2026

Qatar loads first LNG cargo after force majeure

  • 6th March 2026

Ex-AGF seeks FG’s apology after OPL 245 resolution

  • 6th March 2026

Contact Info

Some Populer Post

Ghanaian pleads guilty to $10m romance scam in US

Scams
Emirates to resume Nigerian flights Sept 11

Emirates resumes flights after temporary Dubai suspension

Aviation

IMF warns rising oil prices could drive global inflation

Business

Google CEO Sundar Pichai set for $692m pay package

featured Finance

Tag: Nigeria

NGX halts trading of delisted-GSK shares
Business featured

NGX halts trading of delisted-GSK shares

The Nigerian Exchange Limited has halted trading on Glaxo SmithKline Consumer Nigeria Plc’s shares in anticipation of its eventual delisting from the Exchange. The Times reported that this information was contained in the Exchange’s weekly report. The suspension came after the Securities and Exchange Commission approved the Glaxo SmithKline Consumer Nigeria Plc Scheme of Arrangement between the […]

Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares
Business

Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares

The ex-wife of Amazon founder Jeff Bezos, MacKenzie Scott, sold about $10 billion in Amazon stock last year, marking a big financial move. The Times reported that Scott initially owned a large 4% of the company when her divorce was finalized. However, a recent regulatory filing shows that she sold 65.3 million shares of Amazon.com Inc. in […]

NEITI to release old data, says global body
Business

NEITI to release old data, says global body

A global organization that advocates for transparency in the oil and mining industries, known as the Extractive Industries Transparency Initiative, has expressed concern on Friday about the Nigerian Extractive Industries Transparency Initiative’s distribution of outdated data. The PUNCH reported that EITI tasked NEITI with making its data more timely, as the global organization encouraged Nigerian journalists to […]

Tesla awaits approval to launch smart driving feature in China
Tech

Tesla issues recall for 200,000 vehicles over camera glitch

Tesla has issued a recall for approximately 200,000 vehicles in the United States due to issues with the backup camera failing to display images when the vehicle is in reverse gear. The recall affects specific Model Y, S, and X vehicles from the 2023 model year. These models are equipped with the “Full Self-Driving” computer […]

EKEDC chair demands increased investment in electricity sector
Electricity

EKEDC chair demands increased investment in electricity sector

The Chairman of the Board of Directors of Eko Electricity Distribution Company,  Dr Dere Otubu, has advocated for additional investment in Nigeria’s power sector to satisfy the country’s rising energy demand. According to The PUNCH, Otubu made the plea during a recent discussion hosted by the Nigeria-India Business Council’s trade mission to Nigeria in Abuja. […]

Mercedez mistakenly exposes customers' data
Tech

Mercedez mistakenly exposes customers’ data

Mercedes-Benz inadvertently left a significant amount of internal data exposed, after a private key was mistakenly made public, providing “unrestricted access” to the firm’s source code, as revealed by a security research team. TechCrunch reported that Shubham Mittal, the co-founder and chief technology officer of RedHunt Labs, discovered this lapse and reached out for assistance […]

FCTA approves N7bn for teachers' salary arrears
News

FCTA approves N7bn for teachers’ salary arrears

The Secretary for Education in the Federal Capital Territory Administration, Dr. Danlami Hayyo, has announced the approval of N7 billion to settle 25% of teachers’ late salary arrears in public primary schools. According to The Times, Hayyo made the statement during a familiarization visit to the FCT Universal Basic Education Board’s management on Thursday in […]

FCMB raises ₦147.5bn in oversubscribed public offer
Banking

FCMB reports gross earnings of N516.8bn in 2023

FCMB Group Plc has released its unaudited annual report and financial statements for fiscal year 2023. The Times reported that the group’s gross earnings for the year was N516.8 billion, up 82.6% from FY 2022. The firm enjoyed improved interest revenue, with a net interest income of N177.42 billion in 2023, up 45.4% from 2022. It also […]

Moniepoint records 5.2bn transactions in 2023
Tech

Moniepoint records 5.2bn transactions in 2023

Nigeria’s payments startup Moniepoint ended 2023 with 5.2 billion transactions over its online, mobile, card, and in-person payment channels, averaging 433 million transactions each month, according to TechCabal. The transactions totaled more than $150 billion in value. Compared to 2022, when the startup did 1.7 billion transactions valued at over $100 billion, that is a […]

Lagos unveils plan to tax remote workers to generate N200bn
Aviation

Lagos State considers building own airline

Lagos State has considered establishing an airline for passenger operations as it prepares to begin construction of its own airport in Lekki. According to Arise News, Governor Babajide Sanwo-Olu disclosed the idea on Thursday during the Lagos West Senatorial District People’s Town Hall Meeting. Sanwo-Olu said that the proposal had been in the pipeline for […]

Salesforce acquires Informatica in $8bn deal
Tech

Salesforce cuts workforce by 700

Salesforce is reducing its workforce by approximately 700 positions, accounting for about 1% of its global employee base, as per a Friday report by the Wall Street Journal. Despite this reduction, Salesforce currently has around 1,000 vacancies across various departments, suggesting that this move might be a strategic realignment of its human resources, as indicated […]

Meta launches AI voice translation on Facebook, Instagram
Uncategorized

Meta moves to protect teenage users from unwanted messages

Meta is enhancing its protective measures for teenage users on Instagram and Facebook, aiming to shield them from unsolicited direct messages, the company announced on Thursday. This initiative follows shortly after Meta, which also owns WhatsApp, committed to concealing more content from teenage users. This decision was influenced by regulatory pressures urging the globally dominant […]

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