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News - Page 591

US Seeks Expanded Trade Ties With Nigeria

US Warns Investors of Detention Risks in Nigeria

October 11, 2026

The United States has warned American companies that executives travelling to Nigeria could face detention amid regulatory investigations, tax disputes or commercial disagreements with government authorities, highlighting concerns about the country’s business

News·Nigeria·Top Stories

SERAP Sues Nigerian Central Bank over $6.23 Million Election Funds, ₦1.63 Trillion in Public Funds

October 11, 2026

Nigerian rights group Socio-Economic Rights and Accountability Project (SERAP) has sued the Central Bank of Nigeria (CBN), seeking an explanation for $6.23 million in election-related payments flagged by the auditor-general and more

News·World News

Biden Unveils $8bn Military Aid Package For Ukraine, Pledges Continued Support

Biden Announces New Military Support for Ukraine President Joe Biden has committed over $8 billion in military aid to Ukraine, further strengthening the country’s defence against Russian aggression. “We’re making clear that we stand with Ukraine now and in the future,” Biden

September 27, 2024

Why NNPC Is Facing Challenges Meeting Crude Supply Demands To Dangote Refinery- PENGASSAN

Business News·News·Oil & Gas

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has disclosed why the Nigerian National Petroleum Company (NNPC) Limited is facing difficulties in supplying crude oil to the Dangote Refinery. The revelation was made by PENGASSAN President, Festus Osifo, during

September 27, 2024

Minimum Wage Crisis: Workers, Experts Weigh In On Nigeria's N70,000 Controversy

Business News·News

NACCIMA Applauds N70,000 Minimum Wage Payment, Faults Threat For Defaulters

NACCIMA Commends New Minimum Wage The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has applauded the Federal Government’s decision to begin payment of N70,000 minimum wage to workers across the country. In a statement released by the National

September 27, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th September 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

September 27, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business News·Markets·News

Nigeria’s Equity Market Records First Decline After CBN’s Rate Hike, Investors Lose N267bn

Nigeria’s equity market saw a 0.47% drop on Thursday following the Central Bank’s decision to raise the Monetary Policy Rate. Equity Market Reacts to CBN Rate Hike Nigeria’s equity market experienced its first decline on Thursday after the Central Bank of Nigeria

September 27, 2024

CDCFIB) has announced the immediate suspension of four senior officers following a viral video concerning alleged misconduct by Nigerian Correctional Service (NCS) officers involving Idris Okuneye, also known as Bobrisky.

News

Nigerian Govt Suspends 4 Prison Officers Over Bobrisky’s N15m Bribe Allegations

The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has announced the immediate suspension of four senior officers following a viral video concerning alleged misconduct by Nigerian Correctional Service (NCS) officers involving Idris Okuneye, also known as Bobrisky. According to a

September 27, 2024

Naira Opens Week With Gain Across FX Markets

Business News·Currency·Markets·News

Naira Strengthens To N1,576 As Dollar Supply Rises

Nigerian naira on Thursday, appreciated for the first time in the week as it exchanged N1576.10 against dollar at the official market. This reflects a massive gain of N91.32 or 5.48 per cent when compared to Wednesday’s closing rate of N1667.42/ dollar,

September 27, 2024

Challenges of Nigeria: Leadership, Governance, The Struggles Of The People

Business News·FEATURES·News·Politics

Challenges of Nigeria: Leadership, Governance, Struggles Of The People

The Challenges Nigeria Faces Today Nigeria, Africa’s most populous nation, has long been plagued by numerous challenges that continue to affect both its governance and its people. Since 2015, when the political atmosphere shifted with the election of President Muhammadu Buhari, the

September 27, 2024

Weak Naira: CBN Sells $543.5m To Boost FX Market

Business News·News

Again, CBN Sells $20,000 To BDC As Naira Weakens To N1700/$

The Central Bank of Nigeria (CBN) has announced a fresh sale of US$20,000.00 to each eligible Bureau de Change (BDC) operator at N1,590 per dollar. This was announced in a circular released Wednesday, 25 September, signed by Dr W. J. Kanya, acting

September 26, 2024

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business News·Finance & Economy·News

Nigeria Spends $3bn Monthly On Imports

Nigeria spends not less than $3 billion monthly only on imports, an analysis of the Central Bank of Nigeria (CBN) report has shown. In a communiqué issued by the CBN Governor, Dr Olayemi Cardoso, at the end of the 297th Monetary Policy

September 26, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 591

US Warns Investors of Detention Risks in Nigeria

SERAP Sues Nigerian Central Bank over $6.23 Million Election Funds, ₦1.63 Trillion in Public Funds

Biden Unveils $8bn Military Aid Package For Ukraine, Pledges Continued Support

Why NNPCL Can’t Meet Crude Supply Demands To Dangote Refinery- PENGASSAN

NACCIMA Applauds N70,000 Minimum Wage Payment, Faults Threat For Defaulters

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 27th September 2024

Nigeria’s Equity Market Records First Decline After CBN’s Rate Hike, Investors Lose N267bn

Nigerian Govt Suspends 4 Prison Officers Over Bobrisky’s N15m Bribe Allegations

Naira Strengthens To N1,576 As Dollar Supply Rises

Challenges of Nigeria: Leadership, Governance, Struggles Of The People

Again, CBN Sells $20,000 To BDC As Naira Weakens To N1700/$

Nigeria Spends $3bn Monthly On Imports

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US Warns Investors of Detention Risks in Nigeria

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