Prosper Okoye

Prosper Okoye is a Correspondent and Research Writer at Prime Business Africa, a Nigerian journalist with experience in development reporting, public affairs, and policy-focused storytelling across Africa

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

CBN Rate Cut Signals Growing Confidence in Nigeria’s Economy – FXTM

Analysts say the recent interest rate cut by the Central Bank of Nigeria (CBN) points to improving confidence in Nigeria’s economic outlook, supported by easing inflation and stronger external reserves. Mathew Anthony, a market analyst at FXTM, said the decision to reduce

February 24, 2026

News·Politics·Top Stories

Gunmen Attack Obi’s Convoy in Edo State

Unidentified gunmen opened fire on the convoy of Peter Obi, former Labour Party presidential candidate and current African Democratic Congress (ADC) frontrunner for the 2027 elections, on Tuesday in Edo State. The attack occurred as Obi and his entourage approached the residence

February 24, 2026

Africa·Business·News·Top Stories

Cape Town Airport Fire Disrupts International Flights

A fire at Cape Town International Airport on Tuesday caused major disruption to flight operations, forcing the temporary suspension of international departures and the diversion of inbound flights. The blaze, which broke out near the international terminal in the morning, led to

February 24, 2026

Acting IGP, Egbetokun, Assumes Office, Promises To Deliver On Internal Security

News·Nigeria·Security

Presidency Explains IGP Egbetokun Resignation

Presidency has said Inspector-General of Police Kayode Egbetokun resigned due to family matters requiring his full attention. In a statement, presidential spokesman Bayo Onanuga said the police chief submitted his resignation in a letter on Monday, citing personal reasons. However, sources within

February 24, 2026

News·Nigeria·Top Stories·World News

UK Fines Reddit £14.5m Over Children’s Data Failings

Britain’s data protection watchdog has fined Reddit £14.5m ($19.5m) for failing to protect children’s personal data and potentially exposing them to harmful content. The Information Commissioner’s Office (ICO) said the US-based platform did not properly verify users’ ages and failed to carry

February 24, 2026

News·Nigeria·Security·Top Stories

Plateau Traders Buried After Attack as Tensions Rise

The bodies of traders killed in an attack in central Nigeria have been recovered and buried, as authorities moved to prevent further unrest in Plateau State. The victims, who regularly travelled from Jos to trade in nearby communities, were buried on Monday

February 24, 2026

News·Nigeria·Politics·Security·Top Stories

El-Rufai Asks Court to Dismiss DSS Charges

Former Kaduna State governor Nasir El-Rufai has asked the Federal High Court to strike out criminal charges filed against him by Nigeria’s domestic intelligence agency. In an application filed ahead of a hearing scheduled for 25 February, Mr El-Rufai is challenging the

February 24, 2026

News·Politics·Top Stories

Bayelsa Assembly Confirms Akpe as New Deputy Governor

The Bayelsa State House of Assembly has confirmed Peter Akpe as deputy governor, following the death of his predecessor. Akpe, who had been serving as chief of staff to Governor Douye Diri, was nominated to fill the vacancy left by Lawrence Ewhrudjakpo,

February 24, 2026

FAAN Bans Taxi From Abuja Airport, Recommends Uber, Others

News·Nigeria·Top Stories

Lagos Airport Reopens After Fire Disrupts International Flights

Operations have resumed at Murtala Muhammed International Airport after a fire disrupted flights at Nigeria’s busiest gateway. The Federal Airports Authority of Nigeria said the airspace linked to Terminal One was reopened on Monday evening, with flights gradually returning to normal. Managing

February 24, 2026

Why CBN Retained Bencmark Interest Rate At 27.5%

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

Central Bank Cuts Interest Rate to 26.5% as Inflation Eases

The Central Bank of Nigeria has reduced its key interest rate to 26.5%, signalling growing confidence that inflation is beginning to slow. The decision, announced in Abuja by Governor Olayemi Cardoso, marks the first rate cut since November 2025. The Monetary Policy

February 24, 2026

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Prosper Okoye

CBN Rate Cut Signals Growing Confidence in Nigeria’s Economy – FXTM

Gunmen Attack Obi’s Convoy in Edo State

Cape Town Airport Fire Disrupts International Flights

Presidency Explains IGP Egbetokun Resignation

UK Fines Reddit £14.5m Over Children’s Data Failings

Plateau Traders Buried After Attack as Tensions Rise

El-Rufai Asks Court to Dismiss DSS Charges

Bayelsa Assembly Confirms Akpe as New Deputy Governor

Lagos Airport Reopens After Fire Disrupts International Flights

Central Bank Cuts Interest Rate to 26.5% as Inflation Eases

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