US Resumes Visa Processing for Nigerian and Foreign Doctors After Policy Reversal

The United States has resumed visa processing for Nigerian and other foreign-trained doctors after quietly reversing a recent policy that had disrupted immigration applications for medical professionals. The policy shift comes as welcome news for thousands of foreign physicians who were affected by an earlier visa processing freeze introduced under the U.S. travel restriction framework….

Jim Ovia Retires as Zenith Bank Chairman After 12 Years, Mustafa Bello Named Successor

Zenith Bank has announced the retirement of its founder and Group Chairman, Jim Ovia, marking the end of a significant leadership chapter in one of Nigeria’s leading financial institutions. The announcement was made during the bank’s 35th Annual General Meeting, where the institution confirmed that Ovia stepped down following the completion of his mandatory tenure…

Nigerian Lawmakers Call for Suspension of Business Permits for South African Firms Over Xenophobic Attacks

Nigeria’s House of Representatives has called on the Federal Government to suspend the issuance of business permits to South African companies operating in Nigeria following a renewed wave of xenophobic attacks against Nigerians living in South Africa. The lawmakers also demanded a full review of bilateral relations between both countries, including trade and aviation agreements,…

Michael Saylor Signals Strategy Could Sell Bitcoin to Fund Preferred Stock Dividends

Michael Saylor has sparked fresh debate in the crypto market after suggesting that Strategy, formerly known as MicroStrategy, may eventually sell some of its Bitcoin holdings to fund dividend payments tied to its perpetual preferred stock. The comments have fueled speculation across the cryptocurrency market, with prediction markets sharply increasing the probability that Strategy could…

Nigerian Navy Enforces 13-Hour Movement Restriction on Calabar–Oron Waterway to Tackle Piracy and Kidnapping

The Nigerian Navy has introduced a 13-hour movement restriction along the busy Calabar–Oron water channel as part of a renewed crackdown on piracy, kidnapping, smuggling, and other criminal activities threatening maritime security in the region. According to the Navy, the restriction is designed to strengthen surveillance and improve operational control across the waterway, which has…

Iran Launches Missiles and Drones at U.S. Forces in Strait of Hormuz Amid Rising Gulf Tensions

Tensions in the Middle East escalated sharply after Iran launched cruise missiles, drones, and deployed armed small boats targeting U.S.-flagged vessels and military assets in the strategically important Strait of Hormuz. According to the commander of U.S. Central Command, Brad Cooper, the attacks occurred after U.S. naval forces began escorting American commercial ships through the…

NNPCL Signs Deal With Chinese Firms to Revive and Expand Port Harcourt, Warri Refineries

Nigeria’s push to revive its struggling state-owned refineries has taken a new turn as the Nigerian National Petroleum Company Limited (NNPCL) signed a fresh agreement with two Chinese companies to support the restart, operation, and possible expansion of the Port Harcourt and Warri refineries. The agreement, signed as a Memorandum of Understanding (MoU), was reached…

OPay Prepares for Potential US IPO With Backing From Global Investment Banks

OPay Digital Services, one of Nigeria’s leading fintech companies, is reportedly taking steps toward a potential initial public offering (IPO) as it works with some of the world’s biggest investment banks. According to reports, OPay is collaborating with Citigroup, Deutsche Bank, and JPMorgan Chase as part of preparations for a possible public listing. Sources familiar…