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Importers across the Gulf are scrambling to secure alternative routes for vital goods as the effective closure of the Strait of Hormuz blocks ports in an import-dependent region. The post Gulf importers race for alternative routes amid Hormuz blockade appeared…
Read moreCompliance officers from two major commercial banks testified on Monday in the ongoing alleged N8.7bn fraud trial of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, alongside his wife, Asabe Rakiya Bashir, and his son, Abubakar Abdulaziz Malami. The post Malami: Banks’ compliance officers…
Read moreThe United States Secret Service has opened applications for individuals seeking to join its Uniformed Division, offering a recruitment incentive of up to $75,000 for new officers. The post U.S. Secret Service opens recruitment, offers $75,000 hiring bonus appeared first…
Read moreThe Council of the European Union on Monday imposed fresh sanctions on Iranian individuals and entities over what it described as serious human rights violations. The post EU slams fresh sanctions on Iranian leaders amid Middle East tensions appeared first…
Read moreNigeria’s stock market hit a major milestone on Monday, with the NGX All-Share Index (ASI) crossing the 200,000-point mark, buoyed by strong investor demand and broad-based gains across key sectors. The benchmark index rose 1.55% to close at 201,474.89 points,…
Read moreNigeria’s capital market will transition to a T+1 settlement cycle from May 29, 2026. The post Nigeria capital market to adopt T+1 settlement cycle from May 29 appeared first on Nairametrics.
Read moreNigeria’s capital market regulators have begun reviewing free-float requirements for listed companies in a move aimed at boosting liquidity, deepening the equity market, and attracting more investors. The post NGX, SEC begin review of free-float requirements to unlock liquidity appeared…
Read moreA United Arab Emirates-based investment firm, Elmirate Investment LLC, has committed up to $200 million to develop defence technology, satellite systems and advanced manufacturing capabilities in Nigeria. The post UAE firm to invest $200m to develop defence technology in Nigeria…
Read moreThe United States government has opened a trade investigation into Nigeria and 59 other economies over concerns that their trade practices may allow the importation of goods produced with forced labour. The probe was announced in a notice issued by…
Read moreNigeria’s food inflation rate rose to 12.12% year-on-year in February 2026, pushing the indicator back into double-digit territory after a sharp drop to single digits in January. Data from the Consumer Price Index (CPI) report released by the National Bureau…
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