US Green Card Requirements for Religious Workers and Ministers
USCIS has published eligibility requirements for religious workers seeking a Green Card. Applicants must meet continuous membership and work conditions before filing Form I-360.
Category : Business
Otedola's First HoldCo Stake Hits 20.42%, Value N1.05 Trillion
Femi Otedola raised his First HoldCo stake to 20.42% after buying 680.8 million shares via private placement at N44 each, boosting his investment value to about N1.05 trillion.
Falling Inflation, Shrinking Credit: Why Nigerian Businesses Can't Borrow
Despite falling inflation and shrinking credit, Nigerian businesses still face high borrowing costs due to tight monetary policy and risk aversion by banks, according to a new report.
Lagos, Rivers, Oyo Top Nigeria VAT Generation; States Gain ₦2.37trn
Lagos, Rivers, and Oyo top Nigeria's VAT generation, contributing over half of non-import VAT. New sharing formula gives states ₦2.37 trillion windfall in H1 2026.
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US Green Card Progress for Family Visa Categories
The US State Department's August 2026 Visa Bulletin advances family-sponsored green card categories, with F2A spouses and children seeing the biggest gain, but employment visas remain backlogged.
CBN Unveils Tough New Rules for Opay, Moniepoint, PalmPay
The Central Bank of Nigeria introduced sweeping regulations for fintechs like OPay and Moniepoint between March and June 2026, including ring-fencing and market share caps to deepen financial inclusion and tighten oversight.
US Green Card: 5 Categories of Special Immigrants Eligible
USCIS outlines five groups eligible for special immigrant green cards: religious workers, vulnerable juveniles, Afghan/Iraqi nationals, international broadcasters, and retired international organization employees.
Busha Business Partners with Tether to Boost Stablecoin in Africa
Busha Business has partnered with Tether to expand stablecoin infrastructure for African businesses, aiming to enhance cross-border payments and financial inclusion.
N1,350 Petrol Sparks Row: IPMAN Demands Import Licence Review
IPMAN criticizes imported petrol prices at N1,350/litre, says import licences fail to boost competition. Urges government to review policy and continue naira crude sales to Dangote.
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ECOWAS Reaffirms ECO Single Currency Launch in 2027
ECOWAS leaders at the 69th Ordinary Session in Lungi, Sierra Leone, reaffirmed the launch of the ECO single currency in 2027, starting with qualifying states, and condemned xenophobia in South Africa.
Etex Group Appoints Peju Adebajo as MD of Nigerite and Emenite
Etex Group has appointed Peju Adebajo as managing director of its Nigerian subsidiaries Nigerite Limited and Emenite Limited, effective August 1, 2024. Adebajo brings over 20 years of experience and will drive growth and operational excellence.
Panama Lists 9 African Countries for Visa-Free Entry in 2026
Panama has published an official list of nine African countries whose citizens can enter visa-free in 2026, including Botswana, Mauritius, and South Africa, for up to three months.
Top 10 Bank Apps in Nigeria by Downloads July 2026
In July 2026, Nigeria's bank apps saw over 15 million downloads. Opay led with 2.5 million, followed by PalmPay and Kuda. The list highlights the growing digital banking adoption in the country.
Flutterwave's Fidelis Chiwara Urges Ecosystem Collaboration
Flutterwave's Fidelis Chiwara urged stronger ecosystem collaboration at the AT50 Market Open, highlighting the need for partnerships to drive Africa's fintech growth and innovation.
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NGX Investors Gain N1.76 Trillion on Buying Interest
NGX investors gained N1.76 trillion in one week as buying interest surged across banking, oil & gas, and consumer goods sectors, driven by positive earnings reports and improved investor confidence.
Emple Nigeria 5-Year Plan to Top Five Insurers
Emple Nigeria launches a 5-year strategic plan aiming to become one of the country's top five insurers by 2030, targeting N50 billion gross premium.
Petrol Prices Surge Above N1,200 as Dangote Refinery Halts
Private depots across Nigeria raised petrol prices to between N1,200 and N1,230 per litre after Dangote Refinery stopped gantry loading, sparking fears of further pump price hikes.
Stakeholders Call for Parenting Investment in Akwa Ibom
Government leaders, researchers, and civil society urge greater investment in evidence-based parenting programmes in Akwa Ibom State to protect children and strengthen families.
FG clarifies no ban on raw cocoa export, pushes value addition
The Federal Government says it has no plans to ban raw cocoa exports, aiming instead to boost local processing while maintaining global market position.
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Nigerian stock market adds N622bn to investors' wealth
The Nigerian stock market added N622 billion to investors' wealth during the week, with market capitalisation rising by 0.39% to close at N157.057 trillion, despite a 0.14% decline in the All-Share Index.
Niger Delta $500m Agric Fund to Create 500,000 Jobs
Vice President Kashim Shettima launched a $500 million Niger Delta Agricultural Development and Investment Fund to boost food production and create over 500,000 jobs in the region.
Fasua Urges Less Pessimism, Defends Tinubu's $1 Trillion GDP Target
Tope Fasua, Special Adviser to the President on Economic Matters, calls for less negativity in Nigerian media, defends Tinubu's $1 trillion GDP goal, and explains naira depreciation benefits.
NCDMB, Renaissance Train 300 Youths in Oil and Gas Skills
The Nigerian Content Development and Monitoring Board (NCDMB) and Renaissance Africa Energy Company Ltd have launched a 12-month training programme for 300 young Nigerians in mechanical, electrical and instrumentation engineering.
Enugu State approves major infrastructure and tourism projects
Enugu State Executive Council approved roads, housing, tourism, and administrative projects to grow the economy from $4bn to $30bn in eight years.
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Nigerian stocks dip 0.1% on profit-taking, UBA tops picks
Nigerian stocks fell 0.1% last week due to profit-taking in industrial goods. UBA, Fidson, Wema Bank, Cornerstone Insurance, and Aradel Holdings are top picks.
Coronation Merchant Bank names Obeahon Ohiwerei MD/CEO
Coronation Merchant Bank appoints Obeahon Ohiwerei as MD/CEO after CBN approval, succeeding Paul Abiagam, as the bank marks a decade of growth.
Sao Tome Rejects Oil Bids, Experts Warn Nigeria on Diversification
Sao Tome and Principe rejected all bids for its three offshore oil blocs after only Petrobras and Oranto Petroleum submitted offers, prompting experts to urge Nigeria to diversify its economy.
FirstHoldCo H1 2026 profit before tax up 83.5% to ₦653.5bn
FirstHoldCo Plc reported H1 2026 profit before tax of ₦653.5 billion, up 83.5% year-on-year, with gross earnings of ₦1.93 trillion, reflecting strong balance sheet transformation.
Half of approved diagnostic tests for epidemic diseases in Africa unusable
A new report reveals that 50% of approved diagnostics for six epidemic-prone diseases prioritised by Africa CDC cannot be used in primary healthcare facilities due to lack of lab infrastructure.
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MOPO partners with Nigeria on $75 million battery rental expansion
MOPO, a UK-based battery rental firm, has signed a $75 million deal with Nigeria's Rural Electrification Agency to expand off-grid solar battery services, targeting 2030 delivery.
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