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News - Page 224

Egypt Uses AU Summit to Push Trade, Investment Across Africa

October 4, 2026

Egyptian President Abdel Fattah El-Sisi used an African Union summit in Egypt to push for faster continental economic integration, holding talks with South African President Cyril Ramaphosa and other African leaders on

SERAP sues Tinubu, govs over cybercrime law abuse

News·Nigeria·Top Stories

SERAP Urges Tinubu to Probe Alleged ₦94.4 Billion Petroleum Funds Irregularities

October 4, 2026

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to order an investigation into more than 94.4 billion naira in petroleum-sector revenues and gas-flaring penalties flagged by the Auditor-General

Dangote Cement's Revenue Soars, But Production Costs Rise 45% In Tandem

Business News·News·Top Stories

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Dangote Cement Plc recorded a sharp increase in profit and earnings in the first nine months of 2025, despite largely flat sales volumes across its Nigerian and Pan-African operations, according to the company’s latest operating review, Prime Business Africa reports. The cement

December 22, 2025

Africa·Business News·News·Top Stories

Zimbabwe Tops List of Africa’s Most Expensive Mobile Data as Nigeria Ranks Among Cheapest

Zimbabwe has emerged as the country with the most expensive mobile data costs in Africa, according to a new survey by global broadband pricing firm Cable.co.uk, highlighting stark disparities in internet affordability across the continent, Prime Business Africa reports. The report, which

December 22, 2025

Business News·News·Top Stories

Dangote Explains Why Cement Costs More in Nigeria Than Abroad

Nigerian billionaire industrialist Aliko Dangote has attributed the higher cost of cement sold locally to Nigeria’s heavy tax regime and regulatory burden, saying fiscal policies make domestically sold cement more expensive than exports, Prime Business Africa reports. Dangote made the remarks amid

December 22, 2025

News·Top Stories

Papiri Kidnap Saga Ends as Last Batch of Abducted Pupils Regain Freedom

All the remaining 130 schoolchildren and teachers abducted from St. Mary’s Catholic Primary and Secondary Schools in Papiri, Niger State, have regained their freedom, bringing to an end one of Nigeria’s largest mass school kidnappings in recent years, Prime Business Africa reports.

December 22, 2025

Business News·News

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank). The transaction was concluded at a signing ceremony in Abuja on Saturday 20th December 2025, attended by Mr. Tony

December 21, 2025

News·Top Stories·World News

Morocco Detains Alleged Italian Mafia Boss, Wife as Rome Pushes for Extradition

Moroccan authorities have arrested and detained alleged Italian mafia boss Patrizio Forniti and his wife, Monica Montenero, in Casablanca, setting the stage for a complex legal battle over extradition to Italy, Prime Business Africa reports. Italian prosecutors are seeking the couple’s transfer

December 21, 2025

Entertainment·News

NFVCB Orders Title Review of Controversial Nollywood Film After CAN Protest

Nigeria’s film regulator, the National Film and Video Censors Board (NFVCB), has ordered a review of the title of the Nollywood movie “A Very Dirty Christmas” following protests by the Christian Association of Nigeria (CAN), Prime Business Africa report. NFVCB Director-General, Shaibu

December 21, 2025

News

Fire Hits FIRS Office Amid Tax Law Discrepancy Concerns

A fire outbreak has damaged part of an office of the Federal Inland Revenue Service (FIRS) in Abuja, amid ongoing public controversy over alleged discrepancies in recently passed tax reform bills, Prime Business Africa reports. In a statement issued on Saturday, FIRS

December 21, 2025

News·Politics

Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

Former Senator representing Delta North Senatorial District, Peter Onyeluka Nwaoboshi, has died after collapsing at his residence in Abuja on 19 December 2025. Prime Business Africa gathered that the former lawmaker collapsed at about 8:30 a.m. and was rushed to a nearby

December 21, 2025

Business News·Markets·News

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

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified arrears owed to power generation companies and gas suppliers. The bond, guaranteed by the full faith and credit

December 21, 2025

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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News - Page 224

Egypt Uses AU Summit to Push Trade, Investment Across Africa

SERAP Urges Tinubu to Probe Alleged ₦94.4 Billion Petroleum Funds Irregularities

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Zimbabwe Tops List of Africa’s Most Expensive Mobile Data as Nigeria Ranks Among Cheapest

Dangote Explains Why Cement Costs More in Nigeria Than Abroad

Papiri Kidnap Saga Ends as Last Batch of Abducted Pupils Regain Freedom

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Morocco Detains Alleged Italian Mafia Boss, Wife as Rome Pushes for Extradition

NFVCB Orders Title Review of Controversial Nollywood Film After CAN Protest

Fire Hits FIRS Office Amid Tax Law Discrepancy Concerns

Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

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

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Egypt Uses AU Summit to Push Trade, Investment Across Africa

SERAP Urges Tinubu to Probe Alleged ₦94.4 Billion Petroleum Funds Irregularities

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Egypt Uses AU Summit to Push Trade, Investment Across Africa

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News - Page 224

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