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Delta Govt, Police Launch Probe into Viral Ozoro Assault Video, Arrest Suspects

March 20, 2026

The Delta State Government and the Delta State Police Command have condemned a viral video showing the alleged s*xual assault of women in Ozoro, Isoko North Local Government Area, vowing that perpetrators will be identified and prosecuted, Prime Business Africa reports. The

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business News·Top Stories

Fact Check: Did Nigeria’s Foreign Exchange Reserves Reach $50.45bn as claimed by CBN governor?

March 20, 2026

On February 24, Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), said the country’s external reserves have reached $50.45 billion. According to historical data from CBN’s foreign exchange reserves, the figure should be the highest level in 17 years.

Events & Opportunities·News·Top Stories

Poets Converge with Wole Soyinka for 2026 World Poetry Day Cafe in Lagos

March 20, 2026

Eleven poets from Nigeria and across the world joined Nobel Laureate Wole Soyinka on Thursday, March 19, for the 2026 ProvidusBank World Poetry Day Café held in Lagos, Prime Business Africa reports. The event, themed “Power & Order: Freedom & Illusion,” took

FX Market: Naira Opens Week With Decline

Business News·Top Stories

Naira Weakens Against Dollar As Nigeria’s FX Reserves Decrease

March 20, 2026

On Friday, March 20, the black market witnessed a N0.23 kobo decline in the foreign exchange (FX) rate of the United States dollar (USD), which increased to N1,400.8 kobo per $1. According to Naira Rates, the black market aggregator, the FX rate

News·Top Stories·World News

Trump Considers Kharg Island Operation to Pressure Iran on Hormuz Strait

March 20, 2026

The administration of Donald Trump is reportedly weighing plans to seize or blockade Iran’s Kharg Island in an effort to force Tehran to reopen the strategic Strait of Hormuz, according to reports by Axios. The proposal, still under consideration, is among the

Nestle Invests Over ₦1.8bn in Dairy Development, Unveils Demonstration Farm

Business News·Top Stories

Nestle Nigeria Returns To Profitability After Halting FX Loss

March 20, 2026

Nestle Nigeria returned to profitability in 2025 after halting foreign exchange (FX) losses, which plunged the company into a N221.58 billion net loss in 2024. The company commenced its journey to profitability with a 26 percent increase in revenue last year, which

News·Top Stories·World News

Rodríguez Overhauls Venezuela Military, Removes Defence Chief Padrino López

March 20, 2026

Venezuela’s acting president, Delcy Rodríguez, has removed long-serving Defence Minister Vladimir Padrino López as part of a sweeping overhaul of the country’s military high command following the ouster of Nicolás Maduro. The shake-up, confirmed by government announcements and multiple international reports, marks

News·Politics·Top Stories

Tinubu’s Resignation Order Triggers Looming Cabinet Shake-Up Ahead of 2027 Polls

March 20, 2026

A sweeping directive by President Tinubu requiring political appointees with electoral ambitions to vacate office by March 31, 2026, is set to trigger a significant shake-up within the federal cabinet and across key government agencies, Prime Business Africa reports. The order, issued

Business News·Diaspora·News·Top Stories

UK Backs Nigeria Ports Overhaul With £746m Deal, British Steel Secures Record Order

March 20, 2026

Nigeria and the United Kingdom have sealed a £746 million ($902 million) financing agreement to modernise two of the country’s busiest seaports in Lagos, a move expected to boost trade efficiency and deepen bilateral economic ties, Prime Business Africa reports. The deal,

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Latest

Delta Govt, Police Launch Probe into Viral Ozoro Assault Video, Arrest Suspects

Fact Check: Did Nigeria’s Foreign Exchange Reserves Reach $50.45bn as claimed by CBN governor?

Poets Converge with Wole Soyinka for 2026 World Poetry Day Cafe in Lagos

Naira Weakens Against Dollar As Nigeria’s FX Reserves Decrease

Trump Considers Kharg Island Operation to Pressure Iran on Hormuz Strait

Nestle Nigeria Returns To Profitability After Halting FX Loss

Rodríguez Overhauls Venezuela Military, Removes Defence Chief Padrino López

Tinubu’s Resignation Order Triggers Looming Cabinet Shake-Up Ahead of 2027 Polls

UK Backs Nigeria Ports Overhaul With £746m Deal, British Steel Secures Record Order

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