Prime Business Africa

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Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

December 19, 2025

The Supreme Council for Shari’ah in Nigeria (SCSN) has raised the alarm over alleged discrepancies between tax reform bills passed by the National Assembly and the versions later gazetted and presented to the public, describing the development as a potential

News·Power

Reconstitution of the Nigerian Electricity Regulatory Commission (NERC) Board

December 19, 2025

by Chigozirim Okoli

The Board of the Nigerian Electricity Regulatory Commission (NERC) has been reconstituted after Senate confirmation of new nominees, signaling another major shake-up in Nigeria’s power sector leadership, Prime Business Africa reports. Following the Senate’s approval on Tuesday, President Tinubu granted

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

The Supreme Council for Shari’ah in Nigeria (SCSN) has raised the alarm over alleged discrepancies between tax reform bills passed by the

WINGING INTO THE HOLIDAYS: Air Peace Launches Daily Ibadan-Abuja Flights, Fares from ₦95,000

Air Peace Limited is set to revolutionize travel between Ibadan and Abuja with the resumption of daily return flights starting December

Business

Naira Ends Week With Marginal Gain Against Dollar

Business·Top Stories

Naira Remains Stable Against Dollar In Black Market

December 19, 2025

Traders in the black market on Friday, December 19, saw no changes in the foreign exchange (FX) rate for the United States dollar (USD),

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Top Stories

Otedola Buys 369.98m First HoldCo Shares — After Taking Out N14.8bn From Geregu Investment

December 19, 2025

Femi Otedola, the chairman and majority shareholder of First HoldCo, has increased his stake in the financial institution by buying 369.98 million shares on

Business·Top Stories

Five Best-Performing Banks In Q3 2025 — By Profit Growth

December 19, 2025

Sterling Financial Holdings Company, First City Monument Bank (FCMB), Stanbic IBTC, Wema Bank and Ecobank are the top five best-performing banks in Nigeria by

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Top Stories

Exchange Rates For Dollar Increase Across Parallel, Official Markets

December 18, 2025

In the black market on Thursday, December 18, the naira depreciated against the United States dollar (USD) by 0.13 percent to N1,489.01/$1, from the

NGX Market Cap Sheds N197.31bn As International Breweries, Cornerstone Record Losses

Business

Guinness Leads Gainers’ List, Stanbic Among Losers As NGX Market Cap Rises To N95.85trn

December 18, 2025

Nestle and Guinness led the top gainers’ list on Thursday, December 18, as the Nigerian Exchange (NGX) Limited, also known as the stock market,

Politics

News·Politics·Top Stories

Tinubu Presents N58.18trn 2026 Budget, Promises Stronger Discipline in Execution

December 19, 2025

President Tinubu on Friday presented a ₦58.18 trillion 2026 Appropriation Bill to a joint session of the National Assembly, pledging stricter budget discipline, deeper economic reforms and a renewed focus on shared prosperity for Nigerians, Prime Business Africa reports. The budget, themed “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” was presented in fulfilment of the President’s constitutional obligation and

News·Politics

‘He Never Comes Here!’ Dansadau Residents Assault Zamfara Lawmaker Over Years of Neglect

December 19, 2025

In a dramatic turn of events, residents of Dansadau town in Maru

News·Politics·Top Stories

Rivers State Now ‘Standing with Tinubu’ – Fubara Declares

December 19, 2025

Rivers State Governor, Siminalayi Fubara, has formally declared his alignment with the

Taxation, Increased Revenues And the Limits of Fiscal Reforms

News·Politics·Top Stories

NOM Demands Immediate Suspension of Tinubu’s New Tax Law, Warns of Worsening Hardship

December 18, 2025

The National Opposition Movement (NOM) has called on President Tinubu to immediately

News·Politics·Top Stories

Rep Raises the Alarm Over Mismatched Gazetted Tax Reform Laws

December 17, 2025

A member of the House of Representatives, Hon. Abdulsammad Dasuki (PDP, Sokoto),

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

Labour·News·Technology·Top Stories·World News

Musk Predicts AI Future Where Salaries, Money Lose Relevance

December 17, 2025

Elon Musk has warned that money and salaries could become irrelevant in the future as artificial intelligence and robotics advance to the point where

News·Security·Technology

Bandits Use Advanced Technology to Evade Tracking – Tijani

December 13, 2025

Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has disclosed that armed bandits and criminal networks operating across parts of the country

News·Security·Technology·Top Stories·World News

China Deploys 24/7 AI-Powered Police Patrol Vehicles in New Phase of Automated Urban Policing

December 7, 2025

China has expanded its push into automated law-enforcement with the deployment of AI-driven police patrol vehicles capable of operating round-the-clock using facial-recognition technology, panoramic

News·Nigeria·Technology·Top Stories

FG Unveils Nationwide Real-Time Online Classes to Bridge Learning Gaps

November 25, 2025

The Federal Ministry of Education has launched a nationwide rollout of Inspire Live(s), a real-time online learning initiative aimed at expanding equitable access to

Business·Finance & Economy·News·Technology

Swiss Deposit Token Trial Shows Banks Can Adopt Digital Money Reliably, Says D24 Fintech

November 19, 2025

The Swiss Bankers Association (SBA) is taking steps to establish a digital Swiss franc known as the deposit token. In September, PostFinance AG, Sygnum

Sport

News·Sports

Musa Calls Time on Illustrious Super Eagles Career

December 17, 2025

Nigeria’s most-capped footballer, Ahmed Musa, has formally announced his retirement from international football, bringing the curtain down on a distinguished career that spanned more than a decade in the national colours. Musa confirmed the decision in a statement shared via his official channels on Wednesday, expressing gratitude to fans, teammates, coaches, and the Nigeria Football Federation (NFF) for the opportunity

News·Sports·Top Stories

League Expels Katsina United From Home Ground, Slams ₦9m Penalty Over Violence

November 10, 2025

The Nigeria Premier Football League (NPFL) has imposed a ₦9 million fine

News·Sports

Nigeria’s World Cup Hopes Take Hit: Moffi and Ajayi Out of Gabon Playoff

October 19, 2025

The playoff match against Gabon is scheduled for November 13 in Morocco,

News·Sports

I Believe In You – Tinubu Hails Super Eagles for Thrashing Benin Republic 4.0

October 14, 2025

President Bola Tinubu on Tuesday evening congratulated the Super Eagles on what

News·Sports

Osimhen’s Hat-Trick Heroics Spark Super Eagles’ Thrilling 4-0 Victory Over Benin Republic

October 14, 2025

In a breathtaking display of attacking prowess, Nigeria’s Super Eagles stormed to

Markets

Business·Markets·Top Stories

Dollar Trades Flat In Black Market, Appreciates In Official Window

December 17, 2025

The dollar traded at N1,487.01/$1 in the parallel market on Wednesday, December 17, indicating the naira neither depreciated nor appreciated against the United States

Markets·News·World News

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

December 17, 2025

The government of Venezuela has condemned what it described as a “reckless and serious threat” issued by U.S. President Trump, accusing him of violating

Business·Markets·News·World News

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

December 16, 2025

The Bank of Japan (BOJ) is set to raise its short-term policy interest rate to 0.75 per cent from 0.5 per cent at the

Business·Markets·News

SEC Orders Full Registration of Tradable Instruments by January 2026

November 28, 2025

The Securities and Exchange Commission (SEC) has ordered all Capital Market Operators (CMOs) in Nigeria to declare their compliance status and ensure that every

Markets·News·Prime Health360·World News

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

November 26, 2025

The UK Labour government has expanded its existing sugar tax to include milk-based drinks such as milkshakes, sweetened yoghurt drinks and ready-to-drink coffees, in

Latest

News·Top Stories

Shari’ah Council Flags Alleged Alterations in Gazetted Tax Reform Laws, Demands Urgent National Assembly Review

December 19, 2025

The Supreme Council for Shari’ah in Nigeria (SCSN) has raised the alarm over alleged discrepancies between tax reform bills passed by the National Assembly and the versions later gazetted and presented to the public, describing the development as a potential constitutional violation

News·Power

Reconstitution of the Nigerian Electricity Regulatory Commission (NERC) Board

December 19, 2025

The Board of the Nigerian Electricity Regulatory Commission (NERC) has been reconstituted after Senate confirmation of new nominees, signaling another major shake-up in Nigeria’s power sector leadership, Prime Business Africa reports. Following the Senate’s approval on Tuesday, President Tinubu granted executive approval

Business·News

WINGING INTO THE HOLIDAYS: Air Peace Launches Daily Ibadan-Abuja Flights, Fares from ₦95,000

December 19, 2025

Air Peace Limited is set to revolutionize travel between Ibadan and Abuja with the resumption of daily return flights starting December 24, 2025. This move reinforces the airline’s commitment to enhancing domestic connectivity and passenger convenience, just in time for the

News·Politics·Top Stories

Tinubu Presents N58.18trn 2026 Budget, Promises Stronger Discipline in Execution

December 19, 2025

President Tinubu on Friday presented a ₦58.18 trillion 2026 Appropriation Bill to a joint session of the National Assembly, pledging stricter budget discipline, deeper economic reforms and a renewed focus on shared prosperity for Nigerians, Prime Business Africa reports. The budget, themed

Business·Top Stories

Naira Remains Stable Against Dollar In Black Market

December 19, 2025

Traders in the black market on Friday, December 19, saw no changes in the foreign exchange (FX) rate for the United States dollar (USD), as the naira neither depreciated nor appreciated. In a parallel market data provided by Naira Rates, the exchange

News·Politics

‘He Never Comes Here!’ Dansadau Residents Assault Zamfara Lawmaker Over Years of Neglect

December 19, 2025

In a dramatic turn of events, residents of Dansadau town in Maru Local Government Area physically confronted Hon. Kabiru Mikailu, APC member of the Zamfara State House of Assembly representing Maru South Constituency, on Tuesday. According to Prime Business Africa, the assault

Business·Top Stories

Otedola Buys 369.98m First HoldCo Shares — After Taking Out N14.8bn From Geregu Investment

December 19, 2025

Femi Otedola, the chairman and majority shareholder of First HoldCo, has increased his stake in the financial institution by buying 369.98 million shares on Thursday, December 18. According to First HoldCo’s notification of share dealing by an insider, Otedola paid N14,82 billion,

Business·Top Stories

Five Best-Performing Banks In Q3 2025 — By Profit Growth

December 19, 2025

Sterling Financial Holdings Company, First City Monument Bank (FCMB), Stanbic IBTC, Wema Bank and Ecobank are the top five best-performing banks in Nigeria by pretax profit growth in the third quarter (Q3) of 2025. The five banks made it to the list

News·Top Stories

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Sacked

December 19, 2025

Residents of Oworonshoki have called on Lagos State Governor, Babajide Sanwo-Olu, to urgently intervene in a wave of demolitions that has left many homeowners fearing imminent homelessness. The appeal is contained in an open letter written by Mr Toni Kan, a consummate

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