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Finance
August 26, 2026

US Applauds Dangote Refinery as Nigeria’s Petroleum Exports Surge Sevenfold

By Hauwa Gwandu The Dangote Petroleum Refinery has emerged as the key driver of a dramatic seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the latest report by the United States Energy Information Administration (EIA). The EIA said Nigeria’s seaborne petroleum product shipments averaged 561,000 barrels per day (bpd) in the... Read More
Africa News, Featured, Finance
August 23, 2026

SEC Proposes ₦30m Registration Fee, ₦2bn Capital for Crypto Operators

The Securities and Exchange Commission (SEC) has proposed sweeping new financial and regulatory requirements for digital asset operators in Nigeria, including a ₦30 million registration fee and minimum capital of up to ₦2 billion for cryptocurrency exchanges and custodians. The proposals are contained in the commission’s draft rules on Digital and Virtual Asset Operations, Custody... Read More
Africa News, Featured, Finance
August 20, 2026

Tinubu Orders EFCC-Recovered Funds, Unclaimed Dividends to NELFUND

ABUJA — President Bola Tinubu has directed that legally cleared funds recovered by the Economic and Financial Crimes Commission (EFCC), as well as eligible unclaimed dividends and funds from dormant accounts, be channelled to the Nigerian Education Loan Fund (NELFUND) to strengthen financing for Nigerian students. The Minister of Education, Tunji Alausa, disclosed this on... Read More
Africa News, Education, Finance
August 18, 2026

EU Releases €2.3m Emergency Aid to Fight Cholera in Nigeria, 3 Others

The European Commission has allocated €2.3 million in emergency humanitarian funding to Nigeria, Cameroon, the Central African Republic and Chad to support efforts to contain the ongoing cholera outbreak in the four countries. The funding comes as cholera continues to pose a major public health threat across Africa, with more than 61,000 cases reported in... Read More
Africa News, Featured, Finance, Nigeria News
August 14, 2026

Keyamo Gives Airlines One Week to Agree on Debt Repayment Plans

Minister of Aviation and Aerospace Development, Festus Keyamo, has directed the Nigeria Civil Aviation Authority (NCAA) and other aviation agencies to secure realistic debt repayment schedules from airlines within one week. The directive followed an emergency stakeholders’ meeting convened by Keyamo on Thursday, August 13, 2026, to address outstanding issues in the aviation sector and... Read More
Africa News, Finance, Nigeria News
August 13, 2026

Nigeria Fails US Fiscal Transparency Test, Makes No Significant Progress — Report

ABUJA — Nigeria failed to meet the United States government’s minimum fiscal transparency requirements in 2025,  according to the 2026 Fiscal Transparency Report released by the US Department of State. Nigeria was among 67 of the 140 governments assessed that failed to meet the minimum requirements for fiscal transparency during the review period covering January... Read More
Africa News, Featured, Finance, Nigeria News
August 12, 2026

Tinubu Offers Up to $11.50/Barrel Tax Credit to Boost Deep Offshore Investment

President Bola Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investment and reviving major capital-intensive projects that have remained stalled for years. According to a statement issued by presidential spokesperson Bayo Onanuga, the reform replaces project-by-project negotiations with a transparent, rules-based framework designed... Read More
Africa News, Featured, Finance
July 31, 2026

Bradford African Festival Of Arts 2026 Hold Monday 3rd –9th August 2026, Promises Lots Of Fun , African Arts & Culture. 

By Sam Biodun Ogundipe in London   The annual Bradford African Festival of Art is scheduled to hold between Monday 3rd of August and 9th of August, 2026 with activities holding in different Venues in Bradford City.   The theme for this year’s festival is ” NKOSOO ADVANCEMENT AND PROGRESS”.   The opening ceremony and... Read More
Africa News, Breaking News, Business, community, Entertainment, Finance, Governance
July 12, 2026

The PFIPC Scandal and the Urgent Reforms Required

By Tunde Rahman When Prince Adeniyi Adeyemi Matthew walked into Phase III Section of the Federal Secretariat in Abuja with a forged letter and emerged with an office, signage, and a semblance of government legitimacy, he did not act alone. That is the uncomfortable truth of the “Presidential Foreign Intervention Promotion Council” saga. Adeyemi has... Read More
Africa News, Breaking News, community, Crime, Education, Featured, Finance, Governance, Hot, Justice, Legal, Life, Life Style, Nigeria Capital, Nigeria News, Politics
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