Prime Business Africa

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Egypt Uses AU Summit to Push Trade, Investment Across Africa

October 4, 2026

Egyptian President Abdel Fattah El-Sisi used an African Union summit in Egypt to push for faster continental economic integration, holding talks with South African President Cyril Ramaphosa and other African leaders on expanding trade, investment and development cooperation on Sunday,

SERAP sues Tinubu, govs over cybercrime law abuse

News·Nigeria·Top Stories

SERAP Urges Tinubu to Probe Alleged ₦94.4 Billion Petroleum Funds Irregularities

October 4, 2026

by Amanze Chinonye

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to order an investigation into more than 94.4 billion naira in petroleum-sector revenues and gas-flaring penalties flagged by the Auditor-General of the Federation, Prime Business Africa reports. SERAP

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation

‘Naija Spirit’ Heads to Birnin Kebbi After UNILAG Outing

Nigerian poet and theatre maker Dike Chukwumerije has called for renewed civic engagement among young Nigerians as his production, Naija Spirit, continued

Business

Business News·Nigeria

Elumelu Raises Seplat Energy Stake to 21.07% With £53.2 Million Purchase

October 2, 2026

Nigerian billionaire Tony Elumelu has increased his stake in Seplat Energy to 21.07% after Heirs Energies, a company he controls, bought six million additional

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

Africa·Business News·Top Stories

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

October 1, 2026

Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the

Africa·Business News·Oil & Gas

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

September 30, 2026

Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes

Africa·Business News·Top Stories

Ghana Wins $393 Million Tullow Tax Case, Weighs Impact on Oil Operations

September 30, 2026

Ghana has secured a ruling upholding a $393.1 million tax assessment against Tullow Ghana Limited, a decision that could affect the oil producer’s finances

Business News·Nigeria·Oil & Gas·Top Stories

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

September 29, 2026

NNPC Ltd. reported a 33% increase in profit after tax to ₦7.2 trillion for the 2025 financial year, despite a 24% decline in revenue

Politics

Supreme Court Strikes Out Atiku, Obi’s Appeal Against PEPC Judgment In Favour Of Tinubu

News·Nigeria·Politics·Top Stories

Tinubu Hails Economic Turnaround as Atiku, Obi Challenge Prosperity Claims

October 2, 2026

Nigerian President Bola Ahmed Tinubu said on Thursday that the country had emerged from a difficult period of economic reforms and was entering an era of prosperity, while opposition presidential candidates Atiku Abubakar and Peter Obi used the 66th independence anniversary to challenge the government’s assessment of the economy and the living conditions of Nigerians, Prime Business Africa reports.

News·Nigeria·Politics·Top Stories

October 1: Nigeria Has Passed Through Its Own Red Sea, Prosperity Is Next – Tinubu

October 1, 2026

President Bola Ahmed Tinubu, in his Independence Day address to Nigerians on

Politics·Top Stories·World News

Vucic resigns as Serbia President, Seeks Return as Prime Minister

September 28, 2026

Serbian President Aleksandar Vucic has resigned seven months before the end of

News·Nigeria·Politics·Top Stories

INEC Reaffirms Neutrality Ahead of 2027 Elections

September 28, 2026

Nigeria’s electoral commission has no preferred candidate or political party for the

Africa·News·Politics·Top Stories

South Sudan President Signs Election Law Ahead of December Vote

September 22, 2026

South Sudan President Salva Kiir has signed amendments to the country’s election

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

Data & Infographics·News·Nigeria·Technology·Top Stories

Thales to Build Nigeria Satellite with Broad African Communications Footprint

September 30, 2026

Nigeria is adding a new geostationary communications satellite to its space infrastructure, with Thales Alenia Space contracted to build NigComSat-2A to deliver broadband, broadcasting

Finance & Economy·News·Nigeria·Technology·Top Stories

Nigeria Launches Digital Free-Zone Push to Attract Technology Companies

September 18, 2026

Nigeria has licensed its first Digital Free Zone, Itana, as part of government efforts to attract technology companies, investment and high-value services and encourage

Africa·News·Technology

Kenya court nullifies $1.6 billion Safaricom Stake Sale

September 16, 2026

Kenya’s High Court has declared the government’s sale of a 15% stake in Safaricom Plc to Vodacom Group invalid and ordered the shares returned

Technology·Top Stories·World News

Microsoft AI Drafts Code to Keep Models Under Human Control

September 15, 2026

Microsoft AI on Monday published a draft code of conduct requiring its in-house artificial intelligence models to remain under human control, as concerns grow

Business News·Technology·Top Stories·World News

Samsung Shares Slide 8% as Record Return Plan Disappoints Investors

August 24, 2026

Shares of Samsung Electronics fell more than 8% in early trading on Monday after investors reacted negatively to the South Korean technology giant’s record

Sport

Sports·Top Stories·World News

Kenya Makes history as Africa Lands First World Athletics Championships

September 15, 2026

Nairobi and Munich have been selected to host the 2029 and 2031 World Athletics Championships, respectively, bringing the sport’s flagship global event to Africa for the first time, Prime Business Africa reports. The World Athletics Council made the decision at its 242nd meeting in Budapest on Tuesday, selecting Nairobi for the 2029 championships before the event returns to Germany two

Africa·News·Sports·Top Stories

Nairobi Enters Race to Host 2029 World Athletics Championships

August 11, 2026

Nairobi has formally submitted its bid to host the 2029 World Athletics

News·Sports·World News

Moroccan Football Prospect Dies in Attempted Sea Crossing to Spain

August 7, 2026

Moroccan footballer Faten Ben Amar El Azizi, 20, died while attempting to

News·Sports·Top Stories·World News

7-Foot-6 Australian Teenager Jongkuch Mach Emerges Basketball’s Latest Global Sensation

July 31, 2026

An Australian teenager with a rare physical profile is attracting global attention

Opinion·Sports·Top Stories

World Cup that Ate the world – The Good, the Bad, the Bizarre… and the VAR

July 20, 2026

By Jude Dike There are World Cups. Then, there are World Cups

Markets

Business News·Markets·Top Stories·World News

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

September 21, 2026

India and New Zealand’s free trade agreement (FTA) will take effect on Oct. 20, giving Indian exporters duty-free access to the New Zealand market

Business News·Markets·Top Stories

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

September 14, 2026

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been named as an authorised financial institution through which eligible investors can subscribe to

Business News·Markets·Top Stories

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

June 24, 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in the first quarter of 2026, with nine out of 11 listed companies posting double-digit

Business News·Markets·Top Stories

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

June 11, 2026

On Thursday, the official foreign exchange (FX) rate for the United States dollar (USD) increased by N1.77 kobo in the Nigerian foreign exchange market

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Business News·Markets·Top Stories

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

June 11, 2026

Only one of five pharmaceutical firms listed on the Nigerian Exchange saw shareholders’ investment shrink in Q1 2026. The other four delivered gains totaling

Latest

Africa·News·Top Stories

Egypt Uses AU Summit to Push Trade, Investment Across Africa

October 4, 2026

Egyptian President Abdel Fattah El-Sisi used an African Union summit in Egypt to push for faster continental economic integration, holding talks with South African President Cyril Ramaphosa and other African leaders on expanding trade, investment and development cooperation on Sunday, Oct. 4,

News·Nigeria·Top Stories

SERAP Urges Tinubu to Probe Alleged ₦94.4 Billion Petroleum Funds Irregularities

October 4, 2026

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to order an investigation into more than 94.4 billion naira in petroleum-sector revenues and gas-flaring penalties flagged by the Auditor-General of the Federation, Prime Business Africa reports. SERAP said the

Moving CBN Departments To Lagos Is Drawing Hands Of Clock Backwards - HURIWA

News·Nigeria·Top Stories

HURIWA Calls for DSS Probe of Edo APC Chief Over ‘AK-47 Fire’ Election Remark

October 4, 2026

The Human Rights Writers Association of Nigeria (HURIWA) has called on the Department of State Services (DSS) to invite and investigate the Edo State chairman of the All Progressives Congress (APC), Jarrett Tenebe, over reported remarks threatening “AK-47 fire” against those who

Africa·News·Security

AU Steps Into Ethiopia-Eritrea-Egypt Tensions as Regional Risks Mount

October 3, 2026

The African Union has stepped into mounting tensions between Ethiopia, Eritrea and Egypt, urging the three countries to exercise restraint as a diplomatic crisis unfolds alongside renewed fighting in northern Ethiopia. The AU Commission said it was following the deterioration in

Africa·News·Top Stories

Kenya Moves to Unify Border Security With Expanded Intelligence Sharing

October 3, 2026

Kenya is proposing tighter coordination and intelligence sharing at its borders as the East African trade and transport hub seeks to strengthen oversight of people and goods moving through its land, air and maritime entry points, Prime Business Africa reports. The proposed

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Oil & Gas·Top Stories·World News

G7 Agrees 100 Million-Barrel Oil Release to Ease Global Energy Market Pressure

October 3, 2026

The Group of Seven (G7) agreed on Friday to coordinate the release of 100 million barrels of oil through the International Energy Agency (IEA) over four months, including a substantial front-loaded release of diesel within the first 20 days, as it moves

Events & Opportunities·News

BSN Nigeria Graduates 82 MBA Holders, Takes Nigerian Alumni to 1,156

October 3, 2026

Business School Netherlands (BSN) Nigeria has graduated 82 Nigerian professionals with Action Learning Master of Business Administration (MBA) degrees, bringing the number of Nigerian graduates from the programme to about 1,156, Prime Business Africa reports. The graduates received their degrees at

News·Nigeria·Top Stories·Transport

Air Peace Adds Free Airport Transfers for Premium London Passengers

October 2, 2026

Nigeria’s Air Peace has expanded its premium service on London routes by introducing complimentary airport pick-up and drop-off transfers for eligible First Class and Business Class passengers, as the airline seeks to strengthen its offering on the Nigeria-United Kingdom market, Prime Business

Africa·News·Top Stories

Nigeria’s Dangut Takes Helm of WAEC as Regional Exam Body Expands Digital Testing

October 2, 2026

Nigerian examination administrator Amos Josiah Dangut has assumed office as Registrar and Chief Executive Officer of the West African Examinations Council (WAEC), becoming the 14th head of the regional examination body responsible for examinations and certification across five West African countries.

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