Business

FG launches major reform to revamp Nigeria’s cooperative

  • 27th March 2026

Tinubu expands CNG initiative to include electric vehicles

  • 27th March 2026

Dangote refinery cuts ex-gantry petrol price to N1,200/litre

  • 27th March 2026
has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations

NCC unveils TIRMS to tackle mobile number fraud

  • 27th March 2026

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Elon Musk’s xAI secures $10bn in funding to expand AI

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FG launches major reform to revamp Nigeria’s cooperative sector

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Private sector laments loan repayment as interest rate hits 26.26%

32 banks meet revised capital requirements, CBN confirms

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Tinubu expands CNG initiative to include electric vehicles

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Tag: USA

Business

12 countries to pay $15,000 bond for US visa applications

The United States announced Wednesday that starting April 2, citizens from 12 more countries will need to post bonds of up to $15,000 when applying for certain visas, expanding the program to 50 nations. The new countries include Cambodia, Ethiopia, Georgia, Grenada, Lesotho, Mauritius, Mongolia, Mozambique, Nicaragua, Papua New Guinea, Seychelles, and Tunisia. The bond, […]

Business

Trump slams US allies reluctant to join Hormuz oil escort

President Donald Trump expressed frustration on Monday that certain countries are refusing to join a coalition to protect oil tankers transiting the Strait of Hormuz. “Some are very enthusiastic, and some are less than enthusiastic,” Trump told reporters at a press conference. “And I assume some will not do it. I think we have one […]

Business

ICYMI: US slashes fee to give up American citizenship

The United States will lower the fee for formally renouncing citizenship from $2,350 to $450 starting April 13. This was disclosed in a notice announced by the US Federal Register on Friday. The change comes after reviewing “anecdotal evidence regarding tax-related difficulties many U.S. nationals residing abroad encounter.” This rollback restores the fee to its […]

Business

US probes 60 countries over forced labour, unfair trade practices

The United States Trade Representative’s office announced Thursday that it has launched Section 301 investigations into unfair trade practices by 60 countries, including India, citing their alleged failure to prevent forced labor in imported goods. The move follows U.S. President Donald Trump’s administration’s efforts to reinstate global tariff pressure after the U.S. Supreme Court’s February […]

News

US seizes two tankers, escalates Venezuelan oil blockade

The United States intensified its enforcement of a blockade on Venezuelan oil exports on Wednesday by seizing two tankers in separate operations in the Atlantic and Caribbean, underscoring Washington’s intent to directly control how Venezuelan crude moves through global markets. One of the vessels was a Russian‑flagged tanker, known until recently as the Bella 1 and […]

Business

US announces $15,000 visa bond for Nigerians, others

The United States has announced new travel measures that may require Nigerians seeking B1/B2 business or tourist visas to provide visa bonds of up to $15,000. Details published on the US Department of State’s website, Travel.State.Gov, clarify that payment of a bond does not guarantee visa approval, and any fees paid without a consular officer’s […]

Business

Over 33% of Nigerian immigrants in US receive benefits – Trump

United States President, Donald Trump, posted a chart on January 4, 2026, highlighting welfare participation among immigrant communities. According to the data, roughly 33.3 per of Nigerian immigrant households in the United States receive some form of public assistance. The chart, shared on Trump’s Truth Social platform, is titled “Immigrant Welfare Recipient Rates by Country of […]

Business

US court dismisses copyright claim against Top Gun: Maverick

A United States federal appeals court ruled on Friday that Top Gun: Maverick, the 2022 blockbuster starring Tom Cruise, did not violate the copyright of a magazine article that inspired the original 1986 Top Gun film. The Ninth U.S. Circuit Court of Appeals in California, held that Paramount Pictures’ Maverick was not substantially similar to […]

Business

US to enforce visa ban on Nigeria, 18 others from January

The United States will implement a partial visa suspension affecting Nigeria and 18 other countries starting January 1, 2026. The US Embassy and Consulates in Nigeria announced the measure in a statement on Monday. The suspension will impact nonimmigrant B-1/B-2 visitor visas, F, M, and J student and exchange visitor visas, as well as all […]

Trump signs executive order establishing US Bitcoin reserve
Business

US adds Nigeria, others to travel restriction list 

The United States has placed Nigeria on a new list of countries subject to travel restrictions, following a presidential proclamation signed by President Donald Trump aimed at strengthening U.S. border security and national vetting procedures. According to the White House, the proclamation—based on “data-driven assessments of security, vetting, and immigration compliance risks”—imposes partial travel restrictions […]

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US pledges $150m to expand medical drone network in Nigeria, others

The United States is investing $150 million in Zipline, the world’s largest drone delivery service, to expand its healthcare operations in five African nations: Rwanda, Ghana, Nigeria, Kenya, and Côte d’Ivoire. This marks one of the first major global health aid commitments following a period of frozen foreign assistance and a strategic shift toward an […]

Aviation

Court stops US order to end Delta-Aeromexico partnership

A United States appeals court has temporarily blocked a Trump administration order requiring Delta Air Lines Inc. and Aeromexico to end their transborder joint venture. On Wednesday, a three-judge panel at the 11th Circuit Court of Appeals in Atlanta agreed to pause the order while the airlines’ request for a review is under consideration. The […]

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