…investment and enforcement will move quickly enough to transform billions of dollars currently disappearing into flames into electricity, affordable cooking gas, industrial growth and sustainable livelihoods. Until then, every flare stack burning across the Niger Delta remains a visible reminder of an opportunity Niger…

…a massive single-day turnover of $1.5bn on TuesdayThe naira strengthened against the dollar in both the official and parallel markets as liquidity improved sharply across FX segmentsCBN Governor Olayemi Cardoso credited ongoing reforms for pushing Nigeria's net foreign reserves from about $3 billion to over $40 billion…

…savings, equivalent to about US$400,000 at the prevailing exchange rates. “I mentioned dollars because my income is in dollars. After the payment, the defendant started acting in a suspicious manner, basically taking my patience and simplicity for stupidity,” he told the court. According to him, the project was expecte…

…on the FBI's Most Wanted Fraudsters List for allegedly stealing more than half a billion dollars from Medicare has been captured after an international manhunt. Khalid Satary, 54, was cuffed in the Middle East on Monday after more than three years on the lam for allegedly orchestrating a scheme to defraud Medicare of o…

…it has been unable to convert a significant portion of its naira proceeds into U.S. dollars needed to procure crude oil from international suppliers. Confirming the development in a telephone interview with Vanguard, the Group Vice President, Oil & Gas, Dangote Industries Limited, Engr. Devakumar Edwin, said: “We are o…

…interest rate decision. CBN data showed that the naira gained slightly to N1,380.10 per dollar on Monday from N1,380.18 per dollar recorded last Friday. This means that at the official foreign exchange market, the naira strengthened marginally by N0.08 on Monday. Meanwhile, at the black market, the naira remained uncha…

…fully committed to debt sustainability. We see debt as leverage. Every naira and every dollar borrowed should generate more value than the amount borrowed,” he added. During the session, some lawmakers, including Senate Chief Whip Tahir Monguno and Senator Adamu Aliero, criticised the slow implementation of the capital…

…Garcia spent nearly four decades poisoning American communities to make billions of dollars in profit and ordering the murders of anyone who stood in his way. Today, that chapter closes for good," US Attorney for the Eastern District of New York Joseph Nocella, Jr. was quoted as saying. Zambada was known for keeping a…

…strains Nigeria’s foreign exchange reserves and weakens the naira, especially as the dollar exchange rate hovers around ₦1,400.Nigerians brace for change as depots hike petrol prices nationwide. Images“If we are having continuous and uninterrupted supply, our problem is pricing. Is it not better we sit down and see how…

Cooking gas prices in Nigeria now range from ₦1,100 to ₦1,550 per kilogram as prices crash amid a surge in importsInland transportation costs drive LPG price variations across different states, with Dangote Refinery offering the lowest priceConsumers are advised to compare rates and avoid roadside resellers for bet…

…N1 billion mark, turning the contest into a liquidity derby. The NBA is a multi-billion-dollar organisation, making its presidency a position of huge patronage. “The high cost of elections has forced candidates to seek funding from Politically Exposed Persons, PEPs,” a development Odinkalu warned could compromise the N…

…can stay in the country for up to 30 days after arrivalThe official visa fees are in US dollars, while the amounts have also been converted to Nigerian naira for easy understandingFind it fast with our new search feature at Legit.ng! Ghana has announced the cost of some of its visa types to help travellers around the w…

The CBN has issued new regulatory guidance directing BDC operators on how they must handle foreign exchange purchased through the NFEMThe apex bank warned that BDCs holding onto unutilised FX beyond the approved utilisation period risk forfeiture and suspension of market accessThe apex bank also launched a centralised …

…Social Network and, full circle, Mark Zuckerberg ended up investing in my first billion-dollar company,” he said. That first company was Andela, a technology talent company that trains and connects African software developers with global employers. For Aboyeji, what started as inspiration eventually became reality, dem…

The Naira on Friday continued appreciating against the United States dollar at the official foreign exchange market to end the week on a good note. The Central Bank of Nigeria’s data showed that the Naira strengthened further on Friday to N1,380.19 per dollar from N1,381.53 exchanged on Thursday. This means that the Na…

…that the naira appreciated for the second time this week, closing at N1,381.53 per dollar on Thursday. Dollar to Naira Exchange: CBN issues fresh guidelines for BDCs on FX purchases, announces portal

…Two Hundred and Ninety-Three Million Naira), $50, 000( Fifty Thousand United States Dollars) and N30, 000,000 (Thirty Million Naira) cash. Justice Jude Onwugbuzie granted the order on Thursday, July 16 in a judgment on the application for final forfeiture of the properties by the Economic and Financial Crimes Commissio…

…UK Foreign, Commonwealth and Development Office (FCDO) said Sudan's multi-billion-dollar gold trade has been used to finance weapons purchases, military operations and the activities of armed groups involved in the conflict.The sanctions target Sudanese nationals and companies alleged to be linked to financial and comm…

…Musk likely broke the law "by making a social media post that offered one million dollars to individuals who voted in the 2025 Wisconsin Supreme Court Election in order to induce them to vote in that election". The commission voted 5-1 in a closed session last Thursday to refer two confidential complaints, brought by v…

…end of the month, arguing that presidential immunity shields him from the multi-million dollar judgment. by Linda Ikeji at 14/07/2026 9:31 PM | Share this Story

Dangote Refinery dumps Naira sales, Shifts to Dollar-denominated pricing for Fuel In a major commercial shift, the Dangote Petroleum Refinery has suspended its naira-based transaction model and officially transitioned to a dollar-denominated pricing framework for all refined products.The new policy effectively ends the…

…per cent at 3,967.13 (close). London – FTSE 100: DOWN 0.3 per cent at 10,464.94, Euro/dollar: UP at $1.1389 from $1.1384 on Monday, Pound/dollar: UP at $1.3358 from $1.3353, Dollar/yen: DOWN at 162.34 yen from 162.43 yen, Euro/pound: UP at 85.27 pence from 85.25 pence, New York – Dow: DOWN 0.3 percent at 52,498.64 (clo…

…Bring gifts for both Peller and myself. Don’t come and spray us naira, spray us US dollars. And if it’s naira, ₦500 should be the lowest denomination,” she said. Jarvis also discouraged guests from bringing what she described as “unnecessary” household items, saying she would rather receive expensive electronics. Accor…

…in 2002 and certifies voting equipment while administering hundreds of millions of dollars in federal support for elections, CNN reported. Trump has clashed with the EAC over his executive order directing the agency to add a requirement for proof of citizenship to voter registration forms, a demand that was largely blo…

…also ranked Nigeria's stock market as the world's best-performing equity market in dollar terms this year, ahead of South Korea.According to S&P DJI, Nigeria's inclusion on the watchlist reflects "improvements in the country's regulatory environment, transparency, enforcement and overall market integrity. Although the…