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Dollar Sold At N1,363/$ In Official Window, Trades Flat In Black Market

February 27, 2026

During trading in the black market on Friday, February 27, the foreign exchange (FX) rate for the United States dollar (USD) was N1,382.76 kobo per $1. According to Naira Rates, the black market aggregator, this is the same FX rate for the

NGX Market Cap Down By N606bn, Traders Seal N50bn Deals

Business News·Top Stories

Sell Off In Meyer, Champion Brew Reduce NGX Market Cap By N475bn

February 27, 2026

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, decreased by N475.62 billion to N123.76 trillion on Friday, February 27. According to the NGX, the market capitalisation dropped from the N124.23 trillion recorded on Thursday, February 26.

Opinion

Promises, Not Power: Why the New IGP Disu Must Get It Right

February 27, 2026

A few days ago, President Bola Tinubu accepted the resignation of Inspector-General of Police Kayode Egbetokun and appointed Assistant Inspector-General Tunji Disu as acting IGP in a swearing-in ceremony at the State House, Abuja. The official line from the presidency is that

Business News·News

IFGreen Industries Switches to Solar, Commissions Hybrid Power System in Epe

February 27, 2026

IFGreen Industries & Investment Ltd has commissioned a Hybrid Solar Photovoltaic (PV) and Battery Energy Storage System (BESS) at its production facility in Epe, Lagos, marking its transition from diesel-powered operations to renewable energy, Prime Business Africa reports. The agro-allied processing firm

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

Business News·Top Stories

MTN Nigeria’s Voice Revenue Contribution Drops, Data Accounts For 53% Of Turnover

February 27, 2026

The voice turnover to MTN Nigeria’s total revenue dropped from 38.77 percent in 2024 to 35.55 percent in 2025, according to Prime Business Africa’s analysis. Although the voice revenue increased last year to N1.85 trillion, surpassing the N1.30 trillion earned from the

Finance & Economy·News·Top Stories

Nigeria’s GDP Grows by 4.07% in Q4 2025 – NBS

February 27, 2026

Nigeria’s Gross Domestic Product (GDP) expanded by 4.07 per cent year-on-year in real terms in the fourth quarter of 2025, according to the latest report released by the National Bureau of Statistics (NBS). The growth rate is higher than the 3.76 per

News·Top Stories

Court Voids Malami’s Bail, Orders Fresh Application, Remands Ex-AGF, Wife, Son in Kuje, Suleja

February 27, 2026

The trial of former Attorney-General of the Federation, Abubakar Malami (SAN), took a dramatic turn on Friday after a Federal High Court in Abuja nullified the bail earlier granted to him, ruling that it ceased to have effect following the reassignment of

News·Politics·Top Stories

Adamawa Governor Fintiri Swaps PDP for APC in Strategic Realignment

February 27, 2026

In a landmark political development, Governor Ahmadu Umaru Fintiri of Adamawa State has officially left the Peoples Democratic Party (PDP) to join the All Progressives Congress (APC), signalling a major shift in the state’s political landscape, Prime Business Africa reports. In a

News·Top Stories

Amnesty International Alleges Killings, Torture at Tiger Base in New Report

February 27, 2026

Amnesty International has accused operatives of the Tiger Base police unit in Owerri, Imo State, of unlawful killings, torture, extortion and prolonged illegal detention, calling on Nigerian authorities to immediately launch an independent investigation into the allegations, Prime Business Africa reports. The

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Latest

Dollar Sold At N1,363/$ In Official Window, Trades Flat In Black Market

Sell Off In Meyer, Champion Brew Reduce NGX Market Cap By N475bn

Promises, Not Power: Why the New IGP Disu Must Get It Right

IFGreen Industries Switches to Solar, Commissions Hybrid Power System in Epe

MTN Nigeria’s Voice Revenue Contribution Drops, Data Accounts For 53% Of Turnover

Nigeria’s GDP Grows by 4.07% in Q4 2025 – NBS

Court Voids Malami’s Bail, Orders Fresh Application, Remands Ex-AGF, Wife, Son in Kuje, Suleja

Adamawa Governor Fintiri Swaps PDP for APC in Strategic Realignment

Amnesty International Alleges Killings, Torture at Tiger Base in New Report

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