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Black Market Traders Exchange Dollar At N1,441, Pound At N2,014

February 10, 2026

The black market on Tuesday, February 10, recorded N1,441 per dollar, declining from the N1,446.99 kobo per $1 reported on Monday, February 9, according to the black market aggregator, Naira Rates. This represents a N5.99 kobo decline in the foreign

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

Business·Top Stories

Nigerian Stock Market Cap Rises By N1.83trn

February 10, 2026

by Prime Business Africa

The Nigerian Exchange (NGX), also known as the stock market, closed with N113,49 trillion capitalisation on Tuesday, February 10, compared to the N111.65 trillion recorded on Monday, February 9. According to the NGX data, the market capitalisation had increased by

Electoral Reforms: Nigeria’s Senate on the Spot as Protests Highlight Flawed Democracy

The Nigerian Senate’s decision to reconvene for an emergency plenary session today 10 February is more than a routine legislative adjustment. It

Ohanaeze Ndigbo Youths Vow To End Sit- at-home

How Can Nigerian History Be Written Without the Igbo?

By Chuka Nnabuife EVEN the most accomplished propagandists might once have doubted that Nigeria would reach a point where its history could

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

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

Insights·Opinion·Politics·Top Stories

Electoral Reforms: Nigeria’s Senate on the Spot as Protests Highlight Flawed Democracy

February 10, 2026

The Nigerian Senate’s decision to reconvene for an emergency plenary session today 10 February is more than a routine legislative adjustment. It is a clear signal that the controversy surrounding the Electoral Act amendment has struck a nerve, shaking public confidence and igniting nationwide scrutiny. The official notice, signed by the Senate Clerk on the directive of Senate President Godswill

Insights·Opinion·Politics·Top Stories

How Can Nigerian History Be Written Without the Igbo?

February 10, 2026

By Chuka Nnabuife EVEN the most accomplished propagandists might once have doubted

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

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.

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

Business·Top Stories

Black Market Traders Exchange Dollar At N1,441, Pound At N2,014

February 10, 2026

The black market on Tuesday, February 10, recorded N1,441 per dollar, declining from the N1,446.99 kobo per $1 reported on Monday, February 9, according to the black market aggregator, Naira Rates. This represents a N5.99 kobo decline in the foreign exchange (FX)

Business·Top Stories

Nigerian Stock Market Cap Rises By N1.83trn

February 10, 2026

The Nigerian Exchange (NGX), also known as the stock market, closed with N113,49 trillion capitalisation on Tuesday, February 10, compared to the N111.65 trillion recorded on Monday, February 9. According to the NGX data, the market capitalisation had increased by N1.83 billion

News·Top Stories·Transport·World News

All 55 Aboard StarSky Flight Safe After Mogadishu Runway Overrun, Plane lands on Shoreline

February 10, 2026

A StarSky Aviation Fokker 50 turboprop overran the runway at Aden Adde International Airport on Tuesday and came to rest on the shoreline, but all 55 passengers and crew escaped unharmed, officials confirmed. The aircraft, operating a scheduled domestic flight to Galkayo,

News·Top Stories·World News

Russia Restricts Telegram, Users Report Nationwide Slowdowns

February 10, 2026

Telegram users across Russia on Tuesday reported widespread slowdowns and intermittent outages after authorities moved to restrict the messaging platform, marking a renewed escalation in Moscow’s long-running standoff with the app while stopping short of an outright ban. Reports from users in

News·Oil & Gas·Top Stories

Ogunsanya Urges Capital, Policy Stability as SAIPEC Enters Second Decade

February 10, 2026

The Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, FNSE, has called for stronger investor confidence, regulatory stability and deeper collaboration to unlock Africa’s energy potential as the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) marked its

Finance & Economy·News

2026 Budget: Senate Backs Deficit Financing, Insists Power Subsidy Must Go

February 10, 2026

The Senate has firmly backed the Federal Government’s decision to finance the N25.91 trillion deficit in the proposed N58.47 trillion 2026 Appropriation Bill through borrowing, arguing that the country has little choice given weak revenue inflows and mounting development demands. Lawmakers made

News·Top Stories·World News

U.S. Warns American Ships to Avoid Iranian Waters After Hormuz Incident

February 10, 2026

The United States has issued fresh maritime guidance urging American-flagged commercial vessels to avoid Iran’s territorial waters while transiting the strategic Strait of Hormuz, following the harassment of a U.S.-linked ship in the busy oil corridor last week. The advisory, issued by

Insights·Opinion·Politics·Top Stories

Electoral Reforms: Nigeria’s Senate on the Spot as Protests Highlight Flawed Democracy

February 10, 2026

The Nigerian Senate’s decision to reconvene for an emergency plenary session today 10 February is more than a routine legislative adjustment. It is a clear signal that the controversy surrounding the Electoral Act amendment has struck a nerve, shaking public confidence and

Insights·Opinion·Politics·Top Stories

How Can Nigerian History Be Written Without the Igbo?

February 10, 2026

By Chuka Nnabuife EVEN the most accomplished propagandists might once have doubted that Nigeria would reach a point where its history could be taught to children with one of its foundational peoples deliberately marginalised or erased. Yet that is the unsettling reality

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