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Why CBN Retained Bencmark Interest Rate At 27.5%

CBN: Curbing Bank Frauds

January 27, 2026

By Arize Nwobu The Central Bank of Nigeria ( CBN) is in the forefront and in collaboration with other regulatory institutions to curb bank frauds and the results are manifest. Fraud losses fell to N25.85 billion from N52.26 billion in

Business·News·Top Stories

Emirates, Air Peace Activate Interline Agreement to Boost Africa–Global Connectivity

January 26, 2026

by Amanze Chinonye

Emirates Airline and Air Peace have activated a bilateral interline agreement aimed at deepening air connectivity between Africa, the United Arab Emirates and the United Kingdom, in a move expected to enhance passenger convenience and expand market access for both

Business

Business·News·Top Stories

CBN Grants Nationwide Operating Licences to Opay, Moniepoint, Kuda, Others

January 26, 2026

The Central Bank of Nigeria (CBN) has approved the upgrade of operating licences held by several major financial technology companies and microfinance banks, formally

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today

Business·Top Stories

Dollar Weakens As FX Rate Drops To N1,416/$ In Official Window

January 26, 2026

On Monday, January 26, the United States dollar (USD) was traded at N1,416.5 kobo per $1 at the close of business hours, compared to

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Top Stories

NPF Microfinance Bank Leads NGX Gainers’ List, May & Baker Tops Losers’ Table

January 26, 2026

The Nigerian Exchange’s (NGX) market capitalisation continued to appreciate marginally as the valuation of the bourse increased to N105.96 trillion on Monday, January 26.

Business·Top Stories

Stanbic IBTC Rises, Access Holdings Drops… Six Nigerian Banks Worth Over N1trn

January 26, 2026

The number of commercial banks valued at over N1 trillion on the Nigerian Exchange (NGX), also known as the stock market, increased to six

Anambra Will Get Rid Of Criminals Soon - Soludo

Business·News·Top Stories

Soludo Shuts Onitsha Main Market for One Week Over Sit-at-Home Defiance

January 26, 2026

Anambra State Governor, Professor Chukwuma Soludo, has ordered the closure of the Onitsha Main Market for one week following traders’ continued observance of the

Politics

News·Nigeria·Politics·Top Stories

Kano Governor Resigns from NNPP as Kwankwaso Hits Back

January 23, 2026

Kano State Governor Abba Kabir Yusuf has formally resigned from the New Nigeria People’s Party (NNPP), citing deepening internal disputes and unresolved legal challenges within the party. In a statement issued on Friday by his spokesperson, Sunusi Bature Dawakin Tofa, the governor said he had submitted a resignation letter to the chairman of the NNPP in Diso-Chiranchi Ward, Gwale Local

News·Politics·Top Stories

Tinubu Hosts Olubadan of Ibadanland at Presidential Villa

January 23, 2026

President Tinubu on Friday received the Olubadan of Ibadanland, Oba Rashidi Adewolu

News·Politics·Top Stories

Tinubu Approves Three Key Ambassadorial Postings

January 23, 2026

Nigeria’s President Bola Tinubu has approved the posting of three ambassadors to

PDP Governors Sue Tinubu, N’Assembly At Supreme Court Over Fubara’s Suspension

News·Politics·Top Stories

Rivers Chief Judge Declines to Probe Governor Fubara

January 23, 2026

The Chief Judge of Rivers State, Simeon Amadi, has refused to set

News·Politics·Top Stories

Atiku Accuses Senate of Delaying Electoral Act Reforms Ahead of 2027 Polls

January 23, 2026

Former Vice President Atiku Abubakar has accused the Senate of deliberately frustrating

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

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

Business·News·Technology·Top Stories

Nigerians to Receive Immediate Refunds for Failed Telecom Transactions

January 8, 2026

Nigerian telecom users will begin receiving automatic refunds for failed airtime and data purchases under a new framework introduced by the Nigerian Communications Commission

Business·News·Technology

Nigerian Mobile Users May Pay More Under New NCC Roadmap

January 7, 2026

By Prosper Okoye Nigerian mobile phone users may face higher call and data costs following a new five-year plan released by the country’s telecoms

Sport

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 (121 in the end), the Africa Cup of Nations (AFCON 2025) had come down to the two of the best in a tense final. Morocco’s effort in delivering a good tournament in some of the best stadiums in the world was about to see a great finale, mature

News·Sports·Top Stories

Senegal Win Africa Cup of Nations After Extra-Time Thriller Against Morocco

January 19, 2026

Senegal claimed their second Africa Cup of Nations (AFCON) title with a

News·Sports·Top Stories

Tinubu Congratulates Super Eagles on AFCON 2025 Bronze Medal Triumph

January 18, 2026

President Tinubu has congratulated Nigeria’s senior men’s national football team, the Super

Insights·Opinion·Sports

Nigeria–Morocco, AFCON 2025: A Semi-Final Decided by Margins, Pressure, and Perspective

January 17, 2026

By Paul Lucky Okoku (Former Nigerian International Footballer | Football Analyst) When

Business·Celebrity News·News·Sports

January 15, 2026

Nigeria’s football authorities have threatened legal action against telecoms company Airtel Nigeria,

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

News

CBN: Curbing Bank Frauds

January 27, 2026

By Arize Nwobu The Central Bank of Nigeria ( CBN) is in the forefront and in collaboration with other regulatory institutions to curb bank frauds and the results are manifest. Fraud losses fell to N25.85 billion from N52.26 billion in 2025, representing

Business·News·Top Stories

Emirates, Air Peace Activate Interline Agreement to Boost Africa–Global Connectivity

January 26, 2026

Emirates Airline and Air Peace have activated a bilateral interline agreement aimed at deepening air connectivity between Africa, the United Arab Emirates and the United Kingdom, in a move expected to enhance passenger convenience and expand market access for both carriers, Prime

Business·News·Top Stories

CBN Grants Nationwide Operating Licences to Opay, Moniepoint, Kuda, Others

January 26, 2026

The Central Bank of Nigeria (CBN) has approved the upgrade of operating licences held by several major financial technology companies and microfinance banks, formally granting them nationwide operating status, Prime Business Africa reports. The disclosure was made by Yemi Solaja, Director of

News·Security·Top Stories

Nigeria Police Recruitment Extension Sparks Public Skepticism

January 26, 2026

Despite receiving more than 400,000 applications for just 50,000 vacancies, Nigeria’s police authorities have extended the deadline for constable recruitment — a move that has triggered widespread scepticism and criticism from the public. The Police Service Commission (PSC) and the Nigeria Police

Business·Insights·Opinion

Sit-at-Home, Markets, and the Politics of Economic Punishment in Anambra

January 26, 2026

By Dr Marcel Mbamalu Governor Chukwuma Soludo of Anambra State has ordered the closure of the Onitsha Main Market for one week because traders apparently disobeyed the governor’s order to open the Onitsha Market against the prevailing Monday sit-at-home practice. This looks

Business·Top Stories

Dollar Weakens As FX Rate Drops To N1,416/$ In Official Window

January 26, 2026

On Monday, January 26, the United States dollar (USD) was traded at N1,416.5 kobo per $1 at the close of business hours, compared to the N1,421.9 kobo per $1 recorded on Friday, January 23, in the official market. The foreign exchange (FX)

News

APC Rules Out Replacing Shettima as Tinubu’s Running Mate

January 26, 2026

The All Progressives Congress (APC) has dismissed speculation that Vice President Kashim Shettima could be dropped as President Bola Tinubu’s running mate ahead of Nigeria’s 2027 general elections. In a statement on Friday, the party’s National Publicity Secretary, Felix Morka, described the

News

Nigeria Army Officers to Face Coup Charges

January 26, 2026

The Nigerian military has confirmed that some of the 16 officers detained last year are to face trial over an alleged attempt to overthrow President Bola Ahmed Tinubu’s government. The confirmation comes after the conclusion of investigations into allegations of indiscipline and

News

Nigeria Discovers New Offshore Oil Well

January 26, 2026

Nigeria has confirmed a significant offshore oil discovery in the western Niger Delta, officials said, following the successful appraisal of the Awodi-07 exploration well. The well, located in shallow offshore waters, was drilled by a joint venture between the Nigerian National Petroleum

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