HomeBusiness

Business

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.

Keep exploring

Nigeria Crude Oil Production Rises 5.8 percent to 1.64mbpd

Nigeria crude oil production reaches 1.64mbpd in 2025, with indigenous producers accounting for more than half of total output.

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.

Dangote Predicts Naira Could Strengthen to N1,100 This Year

Dangote says a stronger naira could reach N1,100 per dollar this year as import controls and domestic production reshape Nigeria’s currency outlook.

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...

Dangote Signs $400 Million XCMG Deal to Expand Refinery

Dangote signs a $400 million equipment deal with XCMG to accelerate refinery expansion and boost petrochemical and fertilizer production capacity in Nigeria.

Flutterwave CEO Backs Terra Industries in $22 Million Funding

Terra Industries funding hits $34 million as Flutterwave CEO Olugbenga Agboola backs the Nigerian defense tech startup’s African and Saudi expansion plans.

Abdul Samad Rabiu Climbs to Africa’s Fourth Richest

Abdul Samad Rabiu net worth reaches $11.3 billion, lifting the Nigerian industrialist to fourth richest in Africa on the Bloomberg Billionaires Index.

Globacom Pledges N1 Billion to Lagos Security Trust Fund

Globacom commits N1 billion to the Lagos State Security Trust Fund to support surveillance expansion and emergency response improvements in Nigeria’s largest city.

Eno Defends Akwa Ibom Oil Wells Claim

Governor Umo Eno defends Akwa Ibom oil wells ownership, citing Supreme Court rulings amid renewed Cross River revenue claims.

Tinubu’s Reforms End FX Scarcity, Boost Investor Confidence — Elumelu

KEY POINTS Elumelu says Tinubu’s reforms and central bank policies have effectively ended Nigeria’s...

Nigeria’s Rising Exports Boost Naira Stability

KEY POINTS Nigeria’s exports rose to 44.06 billion dollars in the first nine months...

Latest articles

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.

Faleke backs Hamzat for Lagos 2027 governorship seat

Rep. James Faleke publicly backed Lagos Deputy Governor Obafemi Hamzat for the Lagos 2027 governorship on Friday.

Banditry turned Kwara farming communities into ghost towns, displacing 20,000 residents

Across Kwara's rural belt, farming villages that once sustained families for generations now sit empty, silenced by banditry, kidnapping and fear.