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Police Arrest TikTok User Mirabel Over Alleged Rape Claims

February 19, 2026

The Ogun State Police Command has arrested a TikTok user, known as Mirabel, after an investigation found her viral claims of sexual assault were fabricated. Prime Business Africa had reported the Mirabel rape allegation when she was called upon by

News·Top Stories

NCDMB Insists on Mandatory Remittance of 1% Nigerian Content Levy

February 19, 2026

by Amanze Chinonye

The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated that operators, contractors and service companies in Nigeria’s upstream oil and gas sector must continue to remit the statutory one per cent Nigerian Content Development Fund (NCDF) levy into accounts

Business

Why Weak Dollar Despite Trade War Could Benefit Nigeria – Experts

Business·Top Stories

Dollar Rate Falls To N1,388/$ In Black Market, Increases To N1,338/$ In Official Window

February 18, 2026

The naira appreciated against the United States dollar (USD) by 0.71 percent in the black market on Wednesday, February 18, as the foreign exchange

Business·Top Stories

NGX Rebounds With N683bn Gain As Market Cap Settles At N122.23trn

February 18, 2026

The Nigerian Exchange (NGX) recovered from the slump recorded on Tuesday, February 17, with a N683.62 billion gain as the market capitalisation closed at

Business·Top Stories

How AIICO Insurance Prevented N2.81bn FX Loss From Hurting Bottom Line

February 18, 2026

Strong earnings shielded AIICO Insurance’s bottom line from a significant foreign exchange (FX) loss, enabling the company to close 2025 with a 25 percent

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

Kano Shuts Entertainment Centres for Ramadan

February 18, 2026

The Kano State Government has ordered the closure of all entertainment centres across the state ahead of the Muslim holy month of Ramadan. The directive,

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·Currency·Finance & Economy·News·Nigeria·Top Stories

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

February 18, 2026

The Chairman of the Dangote Group, Aliko Dangote, has said that current government policies could significantly strengthen the naira against the US dollar, potentially

Politics

Markets·News·Politics·Technology·Top Stories·World News

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

February 18, 2026

Inside a glass factory in north-west England, molten glass pours through chutes and is blown into bottles in furnaces that burn around the clock. But the energy needed to keep them running is becoming increasingly expensive — and, managers say, uncompetitive. Encirc, which produces more than a third of the UK’s glass bottles, says it is paying far more for

News·Nigeria·Politics·Top Stories

Nigerian Senate Reduces Notice Period for 2027 Elections

February 18, 2026

The Nigerian Senate has amended the Electoral Act Amendment Bill, reducing the notice

Politics·Top Stories·World News

Peru Impeaches Interim President Amid Corruption Allegations

February 18, 2026

Peru’s Congress has removed interim president Jose Jeri, making him the country’s

News·Nigeria·Politics·Top Stories

Southern Rulers Split Over Council Claim

February 18, 2026

A disagreement broke out on Tuesday in Abuja between two of Nigeria’s

News·Nigeria·Politics·Top Stories

Senate Passes New Electoral Act After Row Over Electronic Results Clause

February 17, 2026

Senate has passed the Electoral Act 2022 (Repeal and Re-Enactment) Bill 2026

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

Africa·News·Technology·Top Stories

Gabon Suspends Social Media Amid Rising Unrest

February 18, 2026

Gabon’s media regulator has ordered the suspension of social media platforms “until further notice,” citing content that it says is fuelling division and unrest

MTN Shareholders, Karl Toriola Lose N581.57bn Within Three Days

Business·News·Technology·Top Stories

Nigeria Reviews MTN Group’s Acquisition of IHS Towers Over Sector Impact

February 17, 2026

The Federal Government has said it will undertake a comprehensive assessment of the reported acquisition of IHS Towers by MTN Group, citing the strategic

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

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

African Countries With The Largest Proven Oil Reserves In 2025

Markets·News·Top Stories·World News

Markets Fall as Iran Signals New Chance for Nuclear Talks

February 17, 2026

Global shares slipped and oil prices fell on Tuesday after Iran offered a cautiously positive response in nuclear talks with US officials in Geneva,

Business·Markets·News·Nigeria·Top Stories

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

February 17, 2026

The Anambra State Government has sealed dozens of shops at two major markets in Idemili North council area after traders failed to open for

‘CBN’s Interest Rate Remains High, Choking Businesses’

Business·Insights·Markets·Opinion

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

February 17, 2026

The main fears and warnings of critics of the actions of Anambra governor, Professor Chukwuma Soludo about sit-at-home and closure of the Onitsha Main

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

Latest

News·Nigeria·Top Stories

Police Arrest TikTok User Mirabel Over Alleged Rape Claims

February 19, 2026

The Ogun State Police Command has arrested a TikTok user, known as Mirabel, after an investigation found her viral claims of sexual assault were fabricated. Prime Business Africa had reported the Mirabel rape allegation when she was called upon by the Lagos

News·Top Stories

NCDMB Insists on Mandatory Remittance of 1% Nigerian Content Levy

February 19, 2026

The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated that operators, contractors and service companies in Nigeria’s upstream oil and gas sector must continue to remit the statutory one per cent Nigerian Content Development Fund (NCDF) levy into accounts officially designated

News·Top Stories

ICPC Takes El-Rufai into Custody Over Alleged N11.1bn Kaduna Light Rail Scandal

February 19, 2026

Former Kaduna State Governor, Nasir El-Rufai, has been taken into custody by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over allegations linked to the failed N11.1 billion Joint Venture Kaduna light rail project, Prime Business Africa reports. The anti-graft

News·Top Stories·World News

Trump Weighs Military Action Against Iran as Diplomacy Continues

February 19, 2026

President Trump has been briefed on a series of military options for possible action against Iran, including scenarios that could involve sustained air and naval operations, according to senior U.S. and foreign officials. Even as preparations intensify, the White House is continuing

FEATURES·Insights·Top Stories

Agubuzu: The Igbo Monarch Who Broke the Silence

February 19, 2026

In the measured stillness of a national summit in Abuja, a traditional ruler from Enugu State rose to speak. Within minutes, his words had travelled far beyond the hall into living rooms, social media timelines, and the heart of Nigeria’s most delicate

Finance & Economy·News·Top Stories

Tinubu Signs Executive Order Redirecting Oil, Gas Revenues to Federation Account

February 19, 2026

President Tinubu has signed an Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, in a sweeping fiscal move that alters key revenue-retention provisions under the Petroleum Industry Act (PIA), Prime Business Africa reports. The order,

News·Top Stories

Tinubu Assents to Reworked Electoral Act, Defends Manual Safeguards Ahead of 2027 Polls

February 18, 2026

President Tinubu has signed into law the Electoral Act 2026, a sweeping repeal and re-enactment of the 2022 legislation that will regulate Nigeria’s 2027 general elections, following weeks of intense parliamentary exchanges over the role of technology in result transmission, Prime Business

Events & Opportunities·News

Ford Foundation President Concludes First Official Visit to Nigeria

February 18, 2026

The President of the Ford Foundation, Heather Gerken, has concluded her first official visit to Nigeria, reaffirming the foundation’s 65-year partnership with the country and its commitment to advancing democracy, human rights and social justice across West Africa. During her visit, Gerken

Business·Top Stories

Dollar Rate Falls To N1,388/$ In Black Market, Increases To N1,338/$ In Official Window

February 18, 2026

The naira appreciated against the United States dollar (USD) by 0.71 percent in the black market on Wednesday, February 18, as the foreign exchange (FX) rate for both currencies decreased by N10.02. According to Naira Rates, the black market aggregator, the USD

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