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Senator Natasha Protests Exclusion from Key Senate Committee

February 16, 2026

Senator Natasha Akpoti-Uduaghan, representing Kogi Central, has raised concerns over what she describes as a sustained pattern of marginalisation within the Senate, following her alleged exclusion from the Senate Committee on the North Central Development Commission (NCDC). The senator’s complaint comes amid

Business·Top Stories

Black Market, Official Window FX Rates Gap Widens By N100

February 16, 2026

The gap between the black market and the official window widened to N100.88 kobo on Monday, February 16, from N49.58 kobo on Friday, February 13. In the black market on Monday, the foreign exchange (FX) rate for the United States dollar (USD) increased

Business·News·Nigeria·Top Stories

BUA Group Signs Strategic Partnership with UAE Firms

February 16, 2026

BUA Group has signed a strategic Memorandum of Understanding (MoU) with UAE-based AD Ports Group and MAIR Group in Abu Dhabi, in a deal aimed at strengthening industrial development, trade, and logistics between West Africa, the Gulf, and Asia. The agreement follows

Security·Top Stories·World News

Starmer Eyes Billions in Extra Defence Spending

February 16, 2026

Prime Minister Sir Keir Starmer is reportedly exploring plans to accelerate the UK’s defence spending, potentially committing billions of pounds more than previously planned. Downing Street sources say the proposals aim to meet an existing target of 3% of gross domestic product

News·Top Stories

NRS Debunks Claims of 25% Tax on Building Materials, Says Nigeria Tax Act 2025 Already in Effect

February 16, 2026

The Nigeria Revenue Service (NRS) has dismissed claims circulating in a viral video alleging that the Nigeria Tax Act 2025 will only take effect in 2027 and that it introduces a 25 per cent tax on building materials and construction-related funds, Prime

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Top Stories

Jaiz Bank, Beta Glass Lead Gainers’ List As NGX Market Cap Rises By N5.10trn

February 16, 2026

At the end of trading in the Nigerian Exchange (NGX), also known as the stock market, on Monday, February 16, the market capitalisation of the bourse closed at N122,12 trillion. The NGX’s market capitalisation increased by N5.10 trillion from the N117.02 trillion

News·World News

Global Shares Edge Higher as US Inflation Cools, Japan’s Growth Stalls

February 16, 2026

European shares and the US dollar edged higher on Monday as investors looked ahead to a busy week of company results, while markets in much of Asia were quiet ahead of the Lunar New Year holiday. Stock exchanges in Shanghai, Seoul and

News·Top Stories

Alleged Wiretapping: Legal Questions Trail Cybercrime Charges Against El-Rufai

February 16, 2026

Fresh legal controversy has emerged following the arraignment of former Kaduna State Governor, Nasir El-Rufai, over allegations of unlawful interception of the communications of the National Security Adviser, Nuhu Ribadu, Prime Business Africa reports. The Federal Government, in a charge marked FHC/ABJ/CR/99/2026

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

February 16, 2026

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

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Latest

Senator Natasha Protests Exclusion from Key Senate Committee

Black Market, Official Window FX Rates Gap Widens By N100

BUA Group Signs Strategic Partnership with UAE Firms

Starmer Eyes Billions in Extra Defence Spending

NRS Debunks Claims of 25% Tax on Building Materials, Says Nigeria Tax Act 2025 Already in Effect

Jaiz Bank, Beta Glass Lead Gainers’ List As NGX Market Cap Rises By N5.10trn

Global Shares Edge Higher as US Inflation Cools, Japan’s Growth Stalls

Alleged Wiretapping: Legal Questions Trail Cybercrime Charges Against El-Rufai

What Nigeria’s 15.10% Inflation Rate Drop Means

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