Prime Business Africa

Latest

U.S. Federal Judge Demands FBI, DEA Accelerate Release of Tinubu Records After Years of Delays

February 9, 2026

A U.S. federal judge has issued a stern warning to the Federal Bureau of Investigation (FBI) and the Drug Enforcement Administration (DEA) over years of delays in releasing records connected to Nigerian President Tinubu, ordering both agencies to comply with

News·Nigeria

FG Begins Implementing New ASUU Deal

February 9, 2026

by Prosper Okoye

Nigeria’s federal government has started implementing key parts of a new pay and welfare agreement with the Academic Staff Union of Universities (ASUU), officials said Monday, in a move aimed at easing labour tensions in the country’s public universities. Education

When ‘Reform’ Looks Like Punishment – The Enugu Passport Center Question

By Fred Chukwuelobe Reports indicate that the Enugu Zonal Passport Production Centre of the Nigerian Immigration Service (NIS) has been shut down

The SEDC Will Need Protection from Political Extortion

By Chidi Anselm Odinkalu When he presented his budget proposals for 2024 to Nigeria’s National Assembly, the first full year of appropriations

Business

Business·News·Top Stories

CBN Clears Bank of Industry to Roll Out Non-Interest Financing Window

February 9, 2026

The Bank of Industry (BoI) has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window, marking

2023 Jefferson Fellowships·Business·Top Stories

Transcorp Power’s Expenses Rising Faster Than Revenue

February 9, 2026

Transcorp Power’s expenses are rising faster than the company’s revenue, according to Prime Business Africa’s analysis of the firm’s annual reports and accounts for

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Top Stories

Black Market’s Dollar Rate Drops To N1,446/$, Official Window Records Decline

February 9, 2026

The foreign exchange (FX) rate of the United States dollar (USD) decreased by N1.61 kobo, while the value of the naira appreciated by 0.11

Business·Top Stories

NGX Investors Trade N27.91bn Shares, Market Cap Closes At N111.65trn

February 9, 2026

On Monday, February 9, over N1.42 trillion was gained in the Nigerian Exchange (NGX), also known as the stock market, pushing the bourse’s capitalisation

Naira Devaluation Will Cause Negative Impact Of $22m On Revenues, Airtel Africa Says

Business·Top Stories

Nigerian Market Now Accounts For 24% Of Airtel Africa’s Revenue

February 6, 2026

The Nigerian market accounted for 24.06 percent of Airtel’s revenue in Africa in 2025, rising from 20.28 percent in 2024, as the Nigerian subsidiary’s

Politics

Africa·News·Politics·Security·Top Stories

Ethiopia Accuses Eritrea of Military Aggression, Backing Armed Groups

February 9, 2026

Ethiopia has accused neighbouring Eritrea of sending troops into its territory and supporting armed groups operating inside the country, sharply escalating tensions between the former allies. In a letter dated Feb. 7, Ethiopia’s Foreign Minister Gedion Timothewos said Eritrean forces had occupied parts of Ethiopian territory along their shared border and were providing support to militant groups fighting the Ethiopian

Africa·News·Politics·Top Stories

Ghana Recalls Envoy to Nigeria Over Alleged Election Misconduct

February 9, 2026

Ghana has recalled its high commissioner to Nigeria, Mohammed Baba Jamal Ahmed,

News·Politics·Top Stories

Tinubu Again Meets Wike, Fubara Over Rivers Political Crisis

February 9, 2026

President Bola Tinubu on Sunday held another meeting with Rivers State Gov.

Low Voters Turnout, As INEC Officials Wait In Bauchi

Insights·Opinion·Politics

Voting in the Dark: Nigeria’s Electoral Reform Fails to Shine

February 9, 2026

Akpabio Speaks On His Reported Collapse While Seeing Off Tinubu

News·Politics·Top Stories

Senate to Hold Emergency Session Amid Backlash Over Electoral Act Amendments

February 9, 2026

Senate President Godswill Akpabio has called an emergency sitting of the Senate

Entertainment

Emmys 2025: ‘Adolescence’ Win Big, Full Winners List

September 15, 2025

The 2025 Emmy Awards were handed out Sunday, with Adolescence, The Studio, The Pitt, and The

Entertainment

How To Vote For AFRIMA 2025

September 9, 2025

The countdown to AFRIMA 2025 has officially begun as the All Africa Music Awards announced that

Entertainment

Full AFRIMA 2025 Nominations List: Davido, Burna Boy Lead List

September 5, 2025

The wait is over! The African Music Awards (AFRIMA) 2025 nominees list has been officially released,

Entertainment

AFRIMA 2025 Nominees List Unveiled: Voting Details, Top Contenders

September 5, 2025

The African Music Awards (AFRIMA) 2025 nominees list is finally here, music fans across the continent

Entertainment

Court Orders Mohbad’s Wife To Run DNA On Their Son

September 4, 2025

A Lagos State Magistrate Court sitting in Ikorodu, on Tuesday, September 2, 2025, ordered a DNA

Technology

Telecom Tariff Hikes: The Business Struggle For SMEs In Nigeria

News·Nigeria·Technology·Top Stories

NCC Data Exposes Telecom Performances in Nigeria

January 30, 2026

New data from the Nigerian Communications Commission (NCC) has revealed stark differences in the performance of telecom networks across the country. The data highlighted

FEATURES·Technology·Top Stories

Will a Senate Probe Save Nigeria’s Dying Railway?

January 29, 2026

For years, Nigeria’s railways were meant to offer something the country desperately needed: a safe, fast way to move people and goods across a

News·Nigeria·Technology·Top Stories

Terra Industries Raises $11.75 Million to Build Africa’s First Homegrown Defence Tech Prime

January 13, 2026

Terra Industries, a Nigerian-founded defence technology startup, has raised $11.75 million in seed funding as it steps out of stealth and positions itself to

Business·News·Technology

Malaysia, Indonesia Block Grok Over Sexual Deepfake Images

January 13, 2026

Malaysia and Indonesia have blocked access to Grok, an artificial intelligence chatbot linked to Elon Musk’s platform X, citing concerns over the creation of

News·Nigeria·Technology·Top Stories

Tech Innovator Hanu Expands Inclusion with AI Smart Glasses for Hearing-Impaired Nigerians

January 10, 2026

Nigerian-born tech innovator, Hanu Fejiro Agbodjie, has donated AI-powered smart glasses to hearing-impaired Nigerians, reinforcing his commitment to using technology to promote social inclusion

Sport

Diaspora·News·Sports

UK-Based Nigerian Footballer Dies After Suffering Severe Brain Injury

February 8, 2026

A Nigerian non-league footballer, Saburi Olayinka Adeniji, has died in the United Kingdom after suffering a catastrophic brain stem injury, prompting an outpouring of tributes from teammates, supporters and members of the Nigerian community. Adeniji, a winger for Kings Park Rangers FC, a grassroots club based in Halstead, Essex, passed away in hospital on Friday, February 6, 2026, after spending

Opinion·Sports·Top Stories

Giants Real Madrid Becoming Teeters

February 2, 2026

Ordinarily, there ought to be no big deal about Real Madrid or

News·Sports·Top Stories

CAF Sanctions Senegal, Morocco Over Chaotic AFCON 2025 Final

January 29, 2026

The Confederation of African Football (CAF) has imposed heavy sanctions on the

News·Sports·Top Stories·World News

Ex-Fifa President Backs US World Cup Boycott Over Security Concerns

January 27, 2026

Former Fifa president Sepp Blatter has urged football fans to reconsider travelling

FEATURES·Opinion·Sports·Top Stories

AFCON FINAL: How Referee Chaos, Officiating Outrage Tainted Senegal’s Win

January 19, 2026

After a spectacle of 52 games, and a record-breaking number of goals

Markets

Markets·News·Top Stories·World News

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

January 25, 2026

U.S. President Donald Trump has threatened to impose 100 per cent tariffs on all Canadian goods entering the United States, sharply escalating trade tensions

Business·Finance & Economy·Markets·News·Nigeria

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

January 13, 2026

Nigeria’s customs authority has introduced new rules for courier companies that handle imported goods under a system where duties are paid before delivery, Prime

Business·Markets·Power·Top Stories

Behind the Geregu Power Sale: Politics and a $750m Deal

January 11, 2026

The sale of Geregu Power, one of Nigeria’s largest electricity plants, has drawn attention after politically connected figures assumed top positions. Billionaire Femi Otedola

Recapitalisation: UBA Extends Deadline For Rights Issue

Business·Markets·News

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

January 8, 2026

United Bank for Africa (UBA) has successfully concluded its rights issue, raising ₦157.84 billion through the issuance of 3.16 billion ordinary shares at ₦50

Business·Markets·News

GivTrade Secures UAE SCA Category 5 Licence

December 29, 2025

GivTrade, an international multi-asset brokerage providing access to global markets via CFDs, on Wednesday announced that it has been granted a Category 5 (“Arrangement

Latest

Diaspora·News·Top Stories

U.S. Federal Judge Demands FBI, DEA Accelerate Release of Tinubu Records After Years of Delays

February 9, 2026

A U.S. federal judge has issued a stern warning to the Federal Bureau of Investigation (FBI) and the Drug Enforcement Administration (DEA) over years of delays in releasing records connected to Nigerian President Tinubu, ordering both agencies to comply with a strict

News·Nigeria

FG Begins Implementing New ASUU Deal

February 9, 2026

Nigeria’s federal government has started implementing key parts of a new pay and welfare agreement with the Academic Staff Union of Universities (ASUU), officials said Monday, in a move aimed at easing labour tensions in the country’s public universities. Education Minister Maruf

Herdsmen Attack: Gov Ortom Writes Buhari On Firearms Permits

News·Security·Top Stories

Gunmen Abduct Nine Worshippers from Benue Catholic Church

February 9, 2026

Gunmen abducted nine worshippers from a Catholic church in Nigeria’s Benue state, police said Monday. The worshippers were taken Sunday night during a vigil at St. John’s Catholic Church in Ojije, a community in Ado local government area, according to police and

Africa·News·Politics·Security·Top Stories

Ethiopia Accuses Eritrea of Military Aggression, Backing Armed Groups

February 9, 2026

Ethiopia has accused neighbouring Eritrea of sending troops into its territory and supporting armed groups operating inside the country, sharply escalating tensions between the former allies. In a letter dated Feb. 7, Ethiopia’s Foreign Minister Gedion Timothewos said Eritrean forces had occupied

Africa·News·Politics·Top Stories

Ghana Recalls Envoy to Nigeria Over Alleged Election Misconduct

February 9, 2026

Ghana has recalled its high commissioner to Nigeria, Mohammed Baba Jamal Ahmed, over allegations that he was involved in vote-buying during a party primary election, the presidency said. The recall was ordered by President John Dramani Mahama and took immediate effect, according

Business·News·Top Stories

CBN Clears Bank of Industry to Roll Out Non-Interest Financing Window

February 9, 2026

The Bank of Industry (BoI) has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window, marking a major expansion of its financing framework aimed at promoting inclusive and sustainable industrial development. The approval authorises

News·Politics·Top Stories

Tinubu Again Meets Wike, Fubara Over Rivers Political Crisis

February 9, 2026

President Bola Tinubu on Sunday held another meeting with Rivers State Gov. Siminalayi Fubara and Federal Capital Territory Minister Nyesom Wike as efforts continue to resolve a prolonged political standoff in the oil-producing state. Presidency sources said the meeting took place Sunday

News·Top Stories·World News

Gunmen Attack Armored Cash Van in Daylight on Southern Italy Highway, Two Detained

February 9, 2026

A heavily armed criminal commando on Monday morning carried out a paramilitary-style assault on an armored cash-in-transit van on the SS 613 Brindisi–Lecce highway, near the Tuturano exit in Puglia, sparking a gun battle with Carabinieri officers and spreading panic among motorists.

Tinubu's Wife To Nigerians: 'My Husband Not Magician', Calls For Hope, Trust

News·Nigeria·Security·Top Stories

Nigeria’s First Lady Calls for More U.S. Strikes

February 9, 2026

Nigeria’s First Lady, Oluremi Tinubu, said U.S. airstrikes on Islamist militants in northwest Nigeria were a “blessing” and signalled that her husband’s government is seeking deeper security cooperation with Washington as the country battles insurgency and violent crime. Speaking in an interview

1 2 3 … 3,189 Next

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Suggestions

Latest

Featured Stories

Featured Stories

Follow Us

Whatsapp Channel

Latest News

Stay Informed!