Business

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

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

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Lagos positioned as Africa’s leading geo-economic hub — Sanwo-Olu

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FG approves ₦21.2m Ebola preparedness funds

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Tinubu extends Customs CG Adeniyi’s tenure by six months

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Only 18% of Nigerian retailers can access formal loans

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Tag: United States

News

US military needs $80bn for Iran war — Report

The United States Defence Department will ask Congress to approve around $80 billion to cover costs from the Iran war and other expenses, the Wall Street Journal reported Thursday. President Donald Trump has faced backlash from Americans who accuse him of pouring billions of taxpayer dollars into the Middle East conflict while oil prices and […]

Helth

US commits additional $20m to boost Ebola preparedness in Africa

The United States has announced an additional $20 million in funding to support Ebola preparedness efforts in four African countries as concerns mount over the worsening outbreak in the Democratic Republic of Congo. The funding was disclosed in a statement released on Wednesday, June 10, and published on the U.S. State Department website. The latest […]

Scams

US revokes 600 visas linked to birth tourism fraud schemes

The United States government has launched a crackdown on birth tourism networks, revoking over 600 visas issued to foreigners who used the route to secure citizenship for their children. The Department of State stated this yesterday in an X post, saying that under President Donald Trump, tje department was “defending the integrity of U.S. citizenship […]

Policy and Regulations

US blacklists Alibaba, Baidu over alleged military links to China

The United States issued an updated list on Monday of Chinese companies that it believes are aiding the country’s military — including e-commerce giant Alibaba, search engine provider Baidu and electric vehicle maker BYD. The United States Defense Department unveiled the designations just weeks after President Donald Trump met Chinese leader Xi Jinping in Beijing, […]

Investment

Bitcoin, US stocks, gold hit by global selloff

A broad-based global market selloff has rattled financial markets, with Nigerian equities, United States stocks, Bitcoin, and precious metals all coming under pressure following what analysts describe as a major macroeconomic shock affecting investor sentiment worldwide. Nairametrics reported that the Nigerian stock market entered bearish territory at the beginning of June, shedding approximately N5 trillion […]

US court jails Nigerian hacker for $2.5m identity theft
featured Scams

US court jails Nigerian for seven counts of wire fraud

A Nigerian man, Adepoju Salako, has been sentenced to 18 months imprisonment in the United States for his involvement in a wire fraud scheme linked to the 2022 Permanent Fund Dividend programme. According to the report on the official US website, Salako, a resident of Philadelphia, Pennsylvania, was convicted for orchestrating a scheme to defraud […]

Netflix commits over $23.5m into Nigeria entertainment industry - FG
featured Policy and Regulations

Netflix sued in US for spying on children, other users

Netflix has been sued in Texas over claims it collects data belonging to children and adults in the United States without their consent, and uses “addictive” design to keep them hooked. BBC reported that Texas Attorney General Ken Paxton accused the streaming giant of “spying” on citizens saying it “records and monetises billions” of pieces […]

featured Oil and Gas

US crude imports from Nigeria fall 15% in Q1

The United States spent $578.78m on crude oil imports from Nigeria in the first quarter of 2026, down from $681.40m in the corresponding period of 2025, according to data from the United States Census Bureau and the Bureau of Economic Analysis. The latest figures, contained in the agencies’ March 2026 international trade report, show that […]

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