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 and Togo. These mark its first gasoline exports since reaching…
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Peter Obi and the politics of 2027. By Chuks Iloegbunam
Iloegbunam, author of the acclaimed book, “Ironsi: Nigeria, The Army, Power And Politics”, is a…
Nigeria’s 2027 Election and the Tinubu Referendum. By Chidi Amuta
News Analysis: Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published…
Nigeria, Trump and the March 3, 2026 rally in Washington DC
USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the Internet. By…
Confederation of African Football overturns Senegal’s championship, declares Morocco winner 2025 Cup of Nations
USAfricaonline.com: The Confederation of African Football (CAF) has overturned the championship from Senegal's national soccer…
Latest BUSINESS
Caution: Spy loan malware infests google playstore
Users perusing the Google PlayStore for apps are advised to exercise caution due to the presence of the SpyLoan malware,…
CBN raises cargo clearance exchange rate to N952/$
The Central Bank of Nigeria has elevated the exchange rate for cargo clearance from N783/$ to N952/$. This adjustment follows…
U.S. commits climate aid for cities with boost from private sector finance
On Wednesday, November 6, 2023, Samantha Power, Administrator of the US Agency for International Development (USAID), pledged support for approximately…
Walmart joins Disney and others to stop advertising on Elon Musk’s X
In a significant development, Walmart, the largest retailer in the United States, has opted to cease advertising on the X…
Nigeria-Germany $60M deal: Boosting electricity by 12,000 MW
Nigeria has formally entered into a significant Presidential Power Initiative (PPI) agreement with Germany, aimed at injecting an additional 12,000…
Port Harcourt refinery to begin operation soon
By the end of December 2023, it is anticipated that the oldest refinery in Nigeria, the Port Harcourt Refinery, which…
Federal government allocates 2% of 2024 budget for poverty alleviation
In accordance with the Breakdown and highlights of the 2024 executive budget proposal presentation document by the Minister of Budget…
U.S. and Nigeria enter discussions on mining and infrastructure financing – Dele Alake
In an official statement, Minister of Solid Minerals Development, Dele Alake, disclosed that advanced discussions are currently underway between the…