The UAE has introduced six major visa and residency reforms in 2026, including expanded visa-on-arrival, faster tourist visa approvals, updated property investor rules, and a visa suspension for three Ebola-affected countries.
Nigeria's naira appreciated 9.16% against the US dollar in six months, driven by CBN reforms and FATF grey list removal, with new official rates released.
Nigeria's overnight funding market reached N97.45 trillion in June 2026, the highest since launch, driven by tight liquidity and high interest rates.
The US has suspended EB-2 visa issuance for Indian nationals after the annual allocation for FY2026 was exhausted, affecting highly skilled professionals awaiting permanent residence.
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Prices of FMCGs in Nigeria surged up to 66.7%, with Cowbell Vitarich leading increases, while some seasonings and cereals dropped. Mixed trends persist despite stable economic indicators.
The Federal Government borrowed a net N7.6 trillion from domestic debt market in H1 2026 through Treasury bills and FGN bonds, with yields rising amid strong investor demand.
Dangote Refinery switches fuel sales from naira to dollars, causing fresh petrol price hikes across Nigeria. The move aims to reduce forex risk amid dollar-denominated crude purchases.
Aliko Dangote's wealth surged by $4.86 billion in 2026 as his refinery benefits from Middle East tensions, with plans for a $50 billion NGX listing and capacity expansion to 1.4 million bpd by 2028.
Portugal releases list of 59 countries eligible for visa-free entry, requiring biometric passports. Includes European, Asian, and other nations.
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Nigeria's crude oil production averaged 1.56 million bpd in June 2026, surpassing its OPEC quota of 1.5 million bpd for the first time in 74 months, driven by improved pipeline security and operational stability.
Standard Chartered forecasts Nigeria's Monetary Policy Rate will end 2026 at 25%, citing inflation deceleration and a shift to growth focus by the CBN.
Nigeria reduces import duties on used cars from 15% to 5% and new cars from 20% to 10%, but dealers say existing inventory and currency volatility delay price drops.
The Federal Government has suspended the proposed increase of WAEC and NECO registration fees to ₦50,000 for 2027 candidates after public backlash. Here's what the Ministry of Education said.
Belgium has released a list of 59 countries whose citizens can enter without a visa, including the US, UK, Canada, Japan, and many others.
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Kuwait released a list of 52 countries whose citizens can obtain a tourist visa on arrival. The visa is valid for 30 days, allowing stays up to 90 days.
The Central Bank of Nigeria published updated prime and maximum lending rates for commercial and merchant banks, with GTBank offering the lowest prime rate at 21.00% and Stanbic IBTC posting the highest maximum rate at 60.00%.
Chinese-backed Hainan Huaxin Cement is set to acquire Lafarge Africa for nearly $1 billion, with Senate approval clearing the way for intensified competition in Nigeria's cement industry.
WATRA calls for regional cooperation to safeguard West Africa's submarine cables, vital for internet connectivity and economic growth, amid rising threats and cable cuts.
Nigeria's private sector launches a gender country program to unlock inclusive growth, targeting women's economic empowerment and sustainable development.
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MKH Properties has completed the handover of Dariann Court in Abuja, with final units now available from ₦160 million, marking a milestone in luxury real estate delivery.
MkH Properties unveils The Legacy, a 50-hectare development in Ibadan, offering structured land ownership with C-of-O, aiming to set new standards for real estate in Oyo State.
Nigeria, a major oil producer, is absent from the list of 10 countries with the cheapest petrol globally, according to new data from GlobalPetrolPrices.com.
Nigerian banks reduced credit to eight major sectors by N5.45 trillion in 2025 after the CBN ended regulatory forbearance, with manufacturing hit hardest.
Petroleumprice.ng has announced nominations for its second Recognition and Awards 2026, opening August 1, targeting Nigeria's downstream petroleum sector with six categories.
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Discover the top 5 crypto exchanges for Nigerian traders in 2026, including BYDFi, Binance, Luno, Quidax, and Bybit, evaluated on P2P fiat access, fees, and mobile usability.
Power-as-a-Service (PaaS) offers Nigerian businesses reliable electricity without upfront costs, reducing downtime and operational risks.
Netflix plans 24/7 live TV channels to boost engagement and compete with DStv, GOtv, and free streaming platforms, potentially reshaping the streaming landscape.
Malaysia's Immigration Department has exempted citizens of 15 African countries from the Visa With Reference requirement for entry in 2026, covering work, study, and other purposes.
American fitness influencer Ashton Hall names Nigeria his favourite country in Africa, calling it the 'African Miami' after touring parts of the continent.
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Heineken unveils Bar De Change at Lagos airport, letting Nigerian travellers buy a beer at home and redeem it abroad in the US and Mexico at the same price.
