Prime Business Africa

Latest

FG Charges El-Rufai Over Alleged Interception of NSA’s Phone Calls

February 16, 2026

The Federal Government has initiated legal proceedings against Nasir El-Rufai, the former governor of Kaduna State, on three counts related to the alleged interception of communications belonging to Nigeria’s National Security Adviser (NSA), Nuhu Ribadu. Allegations of Unlawful Surveillance El-Rufai’s

FEATURES·Politics·Top Stories

Peter Obi’s 2027 Presidential Ambitions: A New Chapter in Nigerian Politics

February 16, 2026

by Prosper Okoye

Peter Obi’s decision to seek the presidency again in 2027 has re-energised Nigeria’s opposition politics and reopened debates about how the next election will be run. The former Anambra State governor and 2023 Labour Party candidate announced that he will

Business

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Business·Top Stories

Dollar Rate Drops To N1,404/$ In Black Market, Rises To N1,355/$ In Official Window

February 13, 2026

The black market on Friday, February 13, saw traders exchange the United States dollar (USD) at N1,404.99 kobo per USD, compared to the N1,444.88

Business·Top Stories

NGX Market Cap Rises By N2.36trn To N117trn

February 13, 2026

Following a 3,687.45 basis points increase in the all-share index, the market capitalisation of the Nigerian Exchange (NGX) increased by N2.36 trillion on Friday,

Financial Expert Says Stable Forex Regime Will trigger Nigerian Breweries, Others’ Return To Profitability In 2024

Business·Top Stories

Inside Nigerian Breweries Turnaround: How Slashing Borrowing Costs Ended Two-Year Losing Streak

February 13, 2026

After two years losing streak, Nigerian Breweries is back to profitability, reversing the heavy losses recorded in 2023 and 2024, which were the periods

Business·Insights·Opinion

Opinion: Why Afreximbank’s Break with Fitch Exposes a Deeper Rift

February 13, 2026

By Dr. Macharia Kihuro In a recent public statement, the African Export-Import Bank (Afreximbank) announced it would terminate its credit rating relationship with Fitch

Business·Top Stories

From N2.35bn To N842.67m… Why Sovereign Trust Insurance Profit Crashed By 64%

February 12, 2026

Over N44.62 billion was generated as revenue by Sovereign Trust Insurance between January and December 2025, surpassing the N40.44 billion turnover recorded in 2024,

Politics

News·Nigeria·Politics·Top Stories

FG Charges El-Rufai Over Alleged Interception of NSA’s Phone Calls

February 16, 2026

The Federal Government has initiated legal proceedings against Nasir El-Rufai, the former governor of Kaduna State, on three counts related to the alleged interception of communications belonging to Nigeria’s National Security Adviser (NSA), Nuhu Ribadu. Allegations of Unlawful Surveillance El-Rufai’s legal troubles began after he made controversial claims during an interview last week, where he stated that he, along with

FEATURES·Politics·Top Stories

Peter Obi’s 2027 Presidential Ambitions: A New Chapter in Nigerian Politics

February 16, 2026

Peter Obi’s decision to seek the presidency again in 2027 has re-energised

News·Nigeria·Politics·Top Stories

El-Rufai Accuses Ribadu of Procuring Poison Amid Political Tensions

February 15, 2026

Former Kaduna State governor Nasir El-Rufai has publicly accused Nigeria’s National Security

News·Politics·Top Stories

INEC Sets Dates For Presidential, Governorship Elections

February 13, 2026

Nigeria’s electoral umpire, the Independent National Electoral Commission (INEC), has fixed 20

News·Politics·Top Stories

Fubara Dissolves Rivers Executive Council

February 13, 2026

Rivers State Governor Siminalayi Fubara has dissolved the State Executive Council, in

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·Technology·Top Stories·World News

Russia Cuts Off WhatsApp Access in Sweeping Push for State-Controlled Messaging Platform

February 12, 2026

WhatsApp says the Russian government has moved to “fully block” its encrypted messaging service across the country, in what appears to be a coordinated

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

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

News·Nigeria·Politics·Top Stories

FG Charges El-Rufai Over Alleged Interception of NSA’s Phone Calls

February 16, 2026

The Federal Government has initiated legal proceedings against Nasir El-Rufai, the former governor of Kaduna State, on three counts related to the alleged interception of communications belonging to Nigeria’s National Security Adviser (NSA), Nuhu Ribadu. Allegations of Unlawful Surveillance El-Rufai’s legal troubles

FEATURES·Politics·Top Stories

Peter Obi’s 2027 Presidential Ambitions: A New Chapter in Nigerian Politics

February 16, 2026

Peter Obi’s decision to seek the presidency again in 2027 has re-energised Nigeria’s opposition politics and reopened debates about how the next election will be run. The former Anambra State governor and 2023 Labour Party candidate announced that he will contest on

News·Nigeria·Top Stories

Nigerians Lured Into Foreign Wars, FG Warns

February 16, 2026

The federal government has warned that a growing number of Nigerians are being recruited under false pretences to fight in armed conflicts abroad. In a statement on Sunday, the Ministry of Foreign Affairs said some Nigerians had been promised well-paid jobs, security work,

News·Top Stories·Transport

Air Peace Opens Executive Lounge at Lagos Airport, Expands Premium Offering

February 16, 2026

Nigeria’s largest carrier, Air Peace Limited, has unveiled a new Executive Lounge at the Murtala Muhammed International Airport Terminal 2, as part of efforts to enhance its premium passenger experience. The facility was officially opened on February 14, 2026, in a ceremony

Africa·News·Nigeria·Top Stories

South Africa Killing: 22yrs Nigerian Student Murdered on Dashcam

February 16, 2026

A 22-year-old Nigerian student was murdered during a ride in South Africa, with the attack captured on his own dashcam. The killing has shocked the country and raised questions about the safety of foreign nationals and e-hailing drivers. As the first suspect

News·Nigeria·Top Stories

Tinubu Sends Shettima to Kano after Singer Market Fire

February 16, 2026

President Bola Tinubu has asked Vice-President Kashim Shettima to lead a federal government delegation to the northern city of Kano to commiserate with traders affected by a major fire at the Singer Market. The blaze, which started on Saturday evening and burned

Africa·FEATURES·Top Stories

Nigeria, Angola Passport Deal:Win for Officials, Snub for Citizens

February 16, 2026

It was meant to be a story of African diplomacy. On the sidelines of the African Union summit in Addis Ababa this weekend, Nigeria’s Foreign Minister, Yusuf Maitama Tuggar, stood alongside his Angolan counterpart, Téte António, to sign an agreement that allows

News·Nigeria·Politics·Top Stories

El-Rufai Accuses Ribadu of Procuring Poison Amid Political Tensions

February 15, 2026

Former Kaduna State governor Nasir El-Rufai has publicly accused Nigeria’s National Security Adviser (NSA), Nuhu Ribadu, of overseeing the purchase of about 10 kilograms of thallium sulphate, a highly toxic chemical, reportedly from a supplier in Poland. In a letter dated 30

News·Top Stories

U.S. Troops Touch Down in Nigeria as 200-Member Deployment Begins

February 15, 2026

The first contingent of United States troops has arrived in Nigeria, kicking off a planned deployment of roughly 200 personnel to support the country’s military in targeted counterterrorism operations in the northeast. A U.S. military aircraft landed late Thursday night at a

1 2 3 … 3,196 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!