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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

Mali recovers $1.2 billion from mining firms after sector audit

Mali’s government has recovered 761 billion CFA francs ($1.2 billion) in outstanding payments from mining companies following a major sector-wide…

Nigeria launches $100 million fund to boost local participation in oil and gas sector

The Nigerian Content Development and Monitoring Board (NCDMB) has launched a $100 million equity investment fund to enhance indigenous participation…

U.S. stocks dip on global rate fears, crypto losses

U.S. stocks retreated on Monday, December 1, 2025, erasing part of last week’s strong rally as renewed concerns over global…

Nigerian stocks open December in red, lose ₦200 Billion

The Nigerian equities market opened in December 2025, on a bearish note, as investor sentiment turned cautious and profit-taking dragged…

South Africa condemns Trump; warns “does not appreciate insults”

South Africa condemns Trump; “does not appreciate insults” USAfricaonline.com : South Africa has condemned U.S President Donald Trump’s decision to…

Nigerian court dismisses ex-Binance chief Gambaryan’s compensation suit against NSA, and EFCC

The Federal High Court in Abuja on Thursday, November 26, 2025, dismissed a compensation claim filed by former Binance Head…

Nigeria: FIRS clarifies 2026 corporate tax changes for small and large companies

The Federal Inland Revenue Service (FIRS) has clarified that while small companies will not pay corporate income tax from 2026,…

Nigerian equities lose N443bn as profit-taking hits market

LAGOS, Nigeria — Nigerian equities extended losses on Wednesday as investors engaged in profit-taking across major counters, erasing gains recorded in…

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