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Year: 2026

Nigeria enters list of 38 countries to post $15,000 US visa bonds

Frank Okon Nigeria on Tuesday entered the expanded list of countries whose business and tourist visitors must post up to $15000 as precondition for obtaining entry visa to the United States of America. According to the U.S. State Department reimbursable…

Tinubu nominates 21 board members for NMDPRA, NUPRC

Sopuruchi Onwuka President Bola Tinubu has written to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The nominations were disclosed…

Venezuela’s new government seeks cooperation with Trump administration

Ziggy Ojiegbe Venezuela’s interim government has signaled a sharp shift away from the country’s long-standing posture of leftist anti-Americanism, moving instead to court cooperation with the administration of United States President Donald Trump following the arrest and deportation of former…

Trump reaches out to Liberia as 2 African countries join UN Security Council

Ziggy Ojiegbe The United Nations Security Council has begun its new working cycle with the induction of five non-permanent members, a development that has placed Liberia in rare diplomatic focus under the administration of United States President Donald Trump. The…

New tax law: Analysts warn tougher enforcement could deepen economic strain

Frank Okon Nigeria’s sweeping overhaul of its tax system is drawing growing criticism from analysts who warn that imposing more stringent tax laws in a fragile economy could worsen business attrition, fuel inflation, and delay economic recovery. While President Bola…

US expands $15,000 visa bond requirement to more African countries

Ziggy Ojiegbe The United States has expanded the list of countries whose citizens must pay visa bonds of up to $15,000, further tightening entry requirements for visitors and immigrants, including those from Africa. According to a briefing by US Secretary…

Business Energy

BlueCore buys out Helios, Sojitz Corporation to own Axxela

Sopuruchi Onwuka Helios Investment Partners has completed the sale of its 75% stake in Axxela, the Nigerian natural gas distribution infrastructure company, to BlueCore, marking a full exit by its existing shareholders. As part of the transaction, Sojitz Corporation, the…

A woman dies from cervical cancer every 2 minutes, UN warns

Frank Okon A woman dies from cervical cancer every two minutes, according to the United Nations, highlighting the deadly toll of a disease that is largely preventable and curable with timely care. Jeanette was 31 when she was diagnosed. The…

Flutterwave acquires Mono in rare African fintech buyout

Ziggy Ojiegbe Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal. The acquisition brings together two of the continent’s…

Nigeria among beneficiaries of $2bn US humanitarian aid

Ziggy Ojiegbe Nigeria is among 17 crisis-affected countries eligible to access a new $2 billion humanitarian funding package agreed between the United States and the United Nations, aimed at saving lives amid rising global humanitarian needs. The funding will support…