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‘Japa’ Pushes UK Pound Rate To N920, As Nigerians Overwhelm Black Market

Naira Depreciates Against Dollar, Pound, Euro In Official Window

January 19, 2026

In the Nigerian foreign exchange market (NFEM), also known as the official window, the United States dollar (USD) closed at N1,420.5 kobo per USD on Monday, January 19. The foreign exchange (FX) rate for the dollar increased by N2.55 kobo

News·Politics·Top Stories

Otti Predicts Stronger Leadership After 2031 as Abia Enters Phase of Accelerated Development

January 19, 2026

by Amanze Chinonye

Abia State Governor, Dr. Alex Otti, OFR, has said that whoever succeeds him in office in 2031 will perform better than he does, expressing confidence that his administration is laying a strong and irreversible foundation for the state’s development, Prime

Business

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

Business·Top Stories

Ikeja Hotel, Living Trust Drag NGX Market Cap Down By N10.90bn

January 19, 2026

Over N10.90 billion was lost during trading on Monday, January 19, as the market capitalisation of the Nigerian Exchange (NGX) declined to N106.34 trillion,

Nigeria's Economic Independence Struggle: The Foreign Telecom Giants, Naira's Dilemma

Business·Top Stories

Investing In MTN More Profitable Than Holding Airtel’s Shares In 2025

January 19, 2026

In 2025, MTN Nigeria shares were more profitable than those of the telecommunications rival, Airtel Africa, in the Nigerian Exchange (NGX), also known as

Business·Finance & Economy·Opinion

CBN, Policy Shifts and Economy

January 17, 2026

By Arize Nwobu The Central Bank of Nigeria (CBN) has worked dedicatedly alongside the federal government and implemented policy shifts towards the reconfiguration of

Business·Top Stories

Austin Laz Founder Sells N227.76m Shares Amid Firm’s Revenue Woes

January 16, 2026

Austin Asimonye, the founder and chief executive officer (CEO) of Austin Laz & Co. has reduced his investment in the company amid the firm’s

Forex Transactions Decline By $89.61 Million As Dollar Rate Surges

Business·Top Stories

Currency Traders Reduce Dollar Rate To N1,417 In Official Market

January 16, 2026

On Friday, January 16, the naira appreciated against the United States dollar (USD) by 0.14 percent as the foreign exchange rate for both currencies

Politics

News·Politics·Top Stories

Otti Predicts Stronger Leadership After 2031 as Abia Enters Phase of Accelerated Development

January 19, 2026

Abia State Governor, Dr. Alex Otti, OFR, has said that whoever succeeds him in office in 2031 will perform better than he does, expressing confidence that his administration is laying a strong and irreversible foundation for the state’s development, Prime Business Africa reports. Governor Otti made the declaration on Sunday during a reception service organised in his honour by the

Insights·Opinion·Politics·Top Stories

Rivers State: A Cycle of Chaos – Will Anyone Listen?

January 19, 2026

Rivers State: A Cycle of Chaos – Will Anyone Listen? For three

News·Nigeria·Politics·Top Stories

Court to Rule on Tinubu’s Emergency Powers in Rivers State

January 18, 2026

A Federal High Court in Abuja has fixed 9 March for judgment

News·Politics·Top Stories

My Focus Is on Fixing Abia, Not 2027 Elections – Otti

January 18, 2026

Abia State Governor, Alex Otti, has reiterated that his administration will not

News·Politics·Top Stories

Soludo’s Igbo Self-Marginalisation Claim ‘Factually Incorrect’, Says US-based Analyst

January 18, 2026

Soludo’s Igbo Self-Marginalisation Claim ‘Factually Incorrect’, Says US-based Analyst A United States-based

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

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

Business·Markets·News

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

December 21, 2025

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified

Latest

Business·Top Stories

Naira Depreciates Against Dollar, Pound, Euro In Official Window

January 19, 2026

In the Nigerian foreign exchange market (NFEM), also known as the official window, the United States dollar (USD) closed at N1,420.5 kobo per USD on Monday, January 19. The foreign exchange (FX) rate for the dollar increased by N2.55 kobo from the

News·Politics·Top Stories

Otti Predicts Stronger Leadership After 2031 as Abia Enters Phase of Accelerated Development

January 19, 2026

Abia State Governor, Dr. Alex Otti, OFR, has said that whoever succeeds him in office in 2031 will perform better than he does, expressing confidence that his administration is laying a strong and irreversible foundation for the state’s development, Prime Business Africa

Business·Top Stories

Ikeja Hotel, Living Trust Drag NGX Market Cap Down By N10.90bn

January 19, 2026

Over N10.90 billion was lost during trading on Monday, January 19, as the market capitalisation of the Nigerian Exchange (NGX) declined to N106.34 trillion, from the N106.35 trillion recorded on Friday, January 16. A slight decline was also recorded in the all-share

Business·Top Stories

Investing In MTN More Profitable Than Holding Airtel’s Shares In 2025

January 19, 2026

In 2025, MTN Nigeria shares were more profitable than those of the telecommunications rival, Airtel Africa, in the Nigerian Exchange (NGX), also known as the stock market, according to Prime Business Africa’s analysis. It was learnt that equity traders who held MTN’s

Insights·Opinion·Politics·Top Stories

Rivers State: A Cycle of Chaos – Will Anyone Listen?

January 19, 2026

Rivers State: A Cycle of Chaos – Will Anyone Listen? For three years, Rivers State has been trapped in a vortex of political turmoil, with no end in sight. The latest drama: a third impeachment attempt against Governor Siminalayi Fubara, amidst a

Nigeria, Indonesia Join U.S., China, India As Emerging Global Powers By 2050 - Report

News·Top Stories

FCTA, FCDA Workers Embark on Indefinite Strike, Shut Down Abuja Government Offices

January 19, 2026

Government activities across Nigeria’s Federal Capital Territory (FCT) were paralysed on Monday as workers of the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority (FCDA) commenced an indefinite strike over unpaid wages, promotions and other unresolved welfare issues. The

News·Top Stories·World News

Greenlandic Politician Rejects Trump’s Proposal, Emphasizes Values Over Cash

January 19, 2026

Greenlandic politician Tillie Martinussen has delivered a sharp rebuke to U.S. President Trump’s renewed push for control over Greenland, underscoring deep resistance among Greenland’s population to any attempt to cede sovereignty. “It’s a huge miscalculation to think Greenlanders could be bought with

News·Top Stories

Tanker Overturns at Tincan Liverpool Bridge, Apapa; Residents Seen Scooping Spilled Diesel

January 19, 2026

A diesel-laden tanker overturned at the Tincan Liverpool Bridge area of Apapa, Lagos, early Monday morning, spilling its contents and prompting a rush of residents to collect the fuel from underneath the bridge, Prime Business Africa reports. Eyewitnesses reported that the tanker

News·Top Stories·World News

European Officials Signal Restraint, Favour Talks After Trump Floats Greenland-Linked Tariffs

January 19, 2026

European officials are signalling caution and restraint after U.S. President Donald Trump threatened to impose tariffs on several European countries in connection with Washington’s renewed push for control of Greenland, opting for diplomacy and dialogue rather than an immediate trade response. According

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