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Nigerian Banks Risk ₦100 Million Fine Over Forex Rule Violations

Nigerian commercial banks could face penalties of up to ₦100 million as regulators intensify efforts to enforce compliance with foreign exchange regulations and curb practices undermining stability in the forex…

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Nigeria, Biafra and Gowon’s book of Lies. By Agbeze Ireke Kalu Onuma

Special to USAfrica magazine (Houston) and USAfricaonline.com, first Africa-owned, US-based newspaper published on the Internet…

30th May, Biafra not a secessionist spasm, it’s a spiritual revolt. By Jude Udoye

Special to USAfrica magazine (Houston) and USAfricaonline.com Dr. Jude Anayochukwu Udoye, a Pharmacist, is a…

Ukabam’s Biafra years and tasty Lizard Feasts

Q&A wt Chido Nwangwu. Follow on X @Chido247  Special to USAfrica magazine (Houston) and USAfricaonline.com, the…

Green Card applicants Required to Leave U.S. to be processed

USAfricaonline.com U.S. Citizenship and Immigration Services (USCIS) spokesperson Zach Kahler has announced a major change…

Latest BUSINESS

Nigeria doubles Fuel exports to 214,000 bpd as Dangote reshapes African Oil supply

The 650,000-bpd refinery has exported 12 cargoes of premium motor spirit totaling 456,000 tons, reaching Ivory Coast, Cameroon, Tanzania, Ghana…

Oil prices tumble with Trump’s decision to “postpone all military strikes against Iranian power plants, infrastructure”

USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the Internet. In a very surprising turn, U.S.…

Trump launches new trade probes to rebuild tariff pressure

The Trump administration has officially launched a sweeping series of "unfair trade" investigations into 16 major trading partners, signaling a…

Meta acquires Moltbook to fuel superintelligence ambitions

Meta has officially announced the acquisition of Moltbook, a rising social network primarily populated by AI bots, in a strategic…

Dangote refinery slashes petrol price to ₦1,075 amid global oil slump

In a significant move to ease the burden on Nigerian consumers, the Dangote Petroleum Refinery has announced a ₦100 reduction…

OIL hits US$118 per barrel, amidst U.S.-Israel War with Iran

With the prospect of the global economy taking a blow from the crisis, equity markets extended last week’s losses. West…

Zimbabwe halts all raw mineral and lithium exports to curb malpractices

The Zimbabwean government has announced an immediate and indefinite suspension of all raw mineral and lithium concentrate exports, citing widespread…

Dangote Refinery shares open to Nigerians in 5 months

Aliko Dangote, Chairman of the Dangote Group, has announced that everyday Nigerians will be able to purchase shares in the…

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