Nigeria has failed the US fiscal transparency test for a second straight year, with the State Department citing a vague budget and weak audit oversight.
Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.
Oil producers in Nigeria are pushing back against a government proposal requiring mandatory crude sales to local refineries, citing concerns about profitability and existing contracts.
The United States may soon become the largest crude oil supplier to Nigerian refineries, significantly impacting the nation's economy and energy sector.
Nigeria has failed the US fiscal transparency test for a second straight year, with the State Department citing a vague budget and weak audit oversight.
Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.