UK Immigration: Documents Required to Legally Live in UK
The UK requires migrants to provide passports, visas, financial proof, and health records to avoid deportation. Missing documents can lead to visa refusal or loss of status.
Category : Business
Saadia Zahidi Becomes IATA's First Female Director General
Saadia Zahidi, a Harvard Kennedy School alumna, has been appointed as the first female Director General of the International Air Transport Association (IATA), marking a historic milestone for the aviation industry.
FMDQ Corporate Bonds Hit N2.30 Trillion in June 2026
The total value of outstanding corporate bonds listed on FMDQ Exchange reached N2.30 trillion in June 2026, marking an 8.7% increase from N2.12 trillion recorded in May 2026.
16 States Adopt Harmonised Tax Framework to Curb Multiple Taxation
The Joint Revenue Board has announced that 16 Nigerian states have adopted a harmonised tax framework to eliminate multiple taxation and improve revenue collection efficiency.
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Naira Faces Fresh Depreciation as Fuel Importers Drive Dollar Demand
A Reuters survey shows the naira will weaken against the dollar next week as fuel importers front-load dollar purchases for petroleum imports, straining forex reserves.
US Embassy in Nigeria Announces 7 Job Openings in USD
The US Embassy in Nigeria has released seven job vacancies with salaries paid in dollars, ranging from $19,951 to $54,485 per year, with deadlines starting July 24, 2026.
Saudi Arabia Launches One-Year Multiple-Entry Umrah Visa
Saudi Arabia introduces a one-year multiple-entry Umrah visa for Muslims worldwide, allowing multiple visits with a cumulative stay of up to 90 days. Applicants must use the Nusuk platform.
Jollof Rice Cost Hits N30,000, Up 624% in a Decade
The cost of cooking jollof rice for a family of five has surged to nearly N30,000, a 14.6% annual rise and 624% increase over a decade, driven by protein prices and weather disruptions, according to SBM Intelligence.
Nigerian equities slump 0.50% on Nestle, BUA Foods losses
Nigerian equities fell 0.50% on Monday, with the All-Share Index dropping to 98,500 points, driven by losses in Nestle Nigeria and BUA Foods.
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FG Proposes Developer Licensing, Escrow Accounts
Nigeria's FG proposes mandatory licensing for developers and escrow accounts for homebuyers to boost transparency and reduce fraud in the real estate sector.
US Launches $750 Fast-Track Visa Interview Pilot for Travelers
The US launched a $750 pilot scheme for faster tourist and business visa interviews, allowing eligible applicants to secure appointments within 10 business days.
UBA Wins Best ESG and Retail Bank at 2026 Euromoney Awards
UBA won Best ESG Bank and Best Retail Bank in Nigeria at the 2026 Euromoney Awards, alongside Best Bank for SMEs in Africa, highlighting its sustainability and digital leadership.
US slaps 12.5% tariff on Nigerian imports over forced labour
The US has imposed a 12.5% tariff on Nigerian imports under a forced labour policy, affecting 60 economies. Nigeria faces higher duties than nations with labour bans.
Dangote Explains London Over Dubai for Cement Listing
Aliko Dangote reveals why his cement company chose London for its IPO over Dubai, citing investor depth and regulatory familiarity.
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Nigeria Transport Fares Surge as Petrol Hits N1,400
Petrol prices have climbed to N1,400 per litre in parts of Nigeria, forcing transport fare hikes of 20-40% across many routes, with commuters on the Maiduguri-Kano route now paying N25,000.
Petrol Depot Prices Drop as Dangote Refinery Resumes Naira Sales
Dangote Refinery resumes naira sales, prompting petrol depot price reductions across Nigeria despite rising global crude oil prices.
Naira Holds Steady, Gains Against Euro at N1,557/€
The Nigerian naira held steady against the dollar and gained against the euro, trading at N1,557/€ in the official market, amid increased forex liquidity.
Canada Lists Citizenship Rules for Foreign Spouses
Marrying a Canadian does not grant automatic citizenship. Foreign spouses must meet all standard adult eligibility conditions, including 1,095 days of physical presence in Canada.
Tinubu govt budgets ₦22.15bn for 106 palaces
The Nigerian Federal Government has allocated ₦22.15 billion in the 2026 budget for construction, renovation and furnishing of 106 traditional rulers' palaces, sparking debate over spending priorities.
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US Embassy Nigeria Lists 5 Available Jobs for Qualified Applicants
The US Embassy in Nigeria has opened its Electronic Recruitment Application portal for five job vacancies, including a Vegetarian Chef and Agricultural Specialist, with deadlines up to August 4, 2026.
Nigeria trains 5,000 smart meter installers under Power Force
Nigeria has started training the first batch of 5,000 smart meter installers under the Presidential Metering Initiative, aiming to deploy seven million meters. Nearly 220,000 applied for the programme.
Patreon Lays Off 20% of Workforce in Tech Restructuring
Patreon has laid off 20% of its workforce, affecting 80 employees, as part of a broader tech industry restructuring wave. The CEO cited the need to streamline operations and focus on core priorities.
US Imposes 12.5% Tariff on Nigerian Imports
The United States has imposed a 12.5% tariff on Nigerian imports, citing forced labour concerns. This move targets key exports and could impact Nigeria's trade balance.
Nigeria Raises Mortgage Target to 2,000 Yearly, Orders 40% NHF Allocation
The federal government has directed FMBN to allocate at least 40% of annual NHF contributions to mortgages, raising yearly disbursements from 500 to 2,000, and plans a social housing scheme for all 774 LGAs.
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NCAA Threatens Royal Air Maroc Suspension Over Infractions
The Nigerian Civil Aviation Authority has threatened to suspend Royal Air Maroc's operations in Nigeria due to alleged regulatory infractions, including outstanding debts and safety concerns.
FG begins training 5,000 meter installers, gets 220,000 apps
The Nigerian government has commenced training the first batch of 5,000 meter installers under the Presidential Power Initiative, attracting over 220,000 applications.
SK chairman faces $1 billion divorce payout over affair child
South Korean billionaire Chey Tae-won may be ordered to pay his ex-wife nearly $1 billion in a divorce settlement after having a child with another woman. The court ruling is expected on July 24.
Comercio Partners Report: 10 Years of Money Market & Costs
Comercio Partners' report reveals a decade of money market trends and living cost dynamics, highlighting key economic shifts and their impact on households.
Electric Bike Saves Nigerian Millions, He Urges Others to Switch
A Nigerian man named Ray says his electric bike has saved him millions in fuel costs. He advises buyers to choose the right battery type for maximum savings.
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Nigeria Has Passed Darkest Tunnel, Running Stable Economy – Tinubu
President Tinubu declares Nigeria's economy stable after passing the 'darkest tunnel,' citing growing multinational investment, education loan fund progress, and improved security.
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