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US, UK Impose Sanctions on Hamas Leaders and Financiers

The United States and the United Kingdom have recently imposed travel bans on Hamas leaders as part of their efforts to combat terrorism and...

Massive Disruption as Nationwide Maritime Workers’ Strike Grips Lagos Ports

Economic activities at the critical Lagos Ports have been brought to a standstill as maritime workers across the country embarked on a nationwide strike....

Despite FX scarcity, Nigerian students in the US increase by 37%.

The number of Nigerian students studying in the United States has experienced a significant increase despite the growing foreign exchange (FX) scarcity in Nigeria....

Manufacturers Oppose CBN’s Price Verification Portal

The Manufacturers Association of Nigeria (MAN) has expressed its opposition to the Central Bank of Nigeria's (CBN) recently introduced Price Verification System. The association...

Nigeria’s Crude Oil Production Reaches 1.35 Million Barrels Per Day, Still Below OPEC Quota

In 2023, Nigeria achieved its highest crude oil production level this year, reaching 1.35 million barrels per day (mbpd). This represents a 14% increase...

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