The US Department of Justice has filed a lawsuit seeking to revoke the citizenship of Nigerian Emmanuel Kazeem, who was convicted in 2018 over an $11 million tax fraud scheme.
Nigeria recorded the sharpest petrol price increase of any country worldwide at 39.5 percent between February 23 and March 16, 2026, as the Middle East war drove global oil prices to a four-year high.
Tony Elumelu's Transcorp Group posted record full-year 2025 revenue of $399 million and a 44 percent profit after tax surge, its strongest financial performance to date.
BudgIT's Tracka platform has identified N24 billion in abandoned, unexecuted, and fraudulently delivered public projects across Nigerian states, with Benue, Ondo, Imo, and Lagos among the worst performers.
South Africa and several African governments are pursuing fuel supply contracts with Dangote Refinery as the Middle East war disrupts traditional supply routes from the Persian Gulf.