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83 Nigerians Set to Return From South Africa As Xenophobic Tensions Persists

August 18, 2026

Another 83 Nigerians are expected to return home from South Africa on Wednesday, August 19, amid renewed concerns over Afrophobic attacks and growing anti-foreigner sentiment in the country, Prime Business Africa reports. The Federal Government, through the Ministry of Foreign Affairs,

Africa·News·Politics·Top Stories

Hichilema Secures Second Term as Zambia’s President After Final Vote Count

August 18, 2026

Zambian President Hakainde Hichilema has secured a second five-year term after the Electoral Commission of Zambia (ECZ) completed the counting of votes from the August 13 presidential election and declared him the winner, Prime Business Africa reports. The final results announced by

Africa·Business News·News·Top Stories

Niger Seals $1.9 Billion Deal for Major Refinery, Petrochemical Complex

August 17, 2026

Niger has signed a $1.9 billion agreement with Zimar Group and its partner, High Tech, to develop a 100,000-barrel-per-day refinery and petrochemical complex in Dosso, as the country seeks to expand domestic crude processing and strengthen its energy security, Prime Business Africa

Femi Otedola Sells Geregu Shares After Plan To Acquire Transcorp Fails

Business News·Top Stories

Femi Otedola Increases Investment In First HoldCo To N1.68trn After Acquiring N20bn Shares

August 17, 2026

Femi Otedola, the chairman of First HoldCo, the parent company of First Bank of Nigeria (FBN), has acquired more shares in the financial institution, as the businessman strengthens his control over the company. Otedola, according to a notification of share dealing by

NGX Resumes Trading With N259bn Loss, Records Over N34bn Deals

Business News·Top Stories

Equity Traders Reduce Trading To N22bn Deals, NGX Market Cap Falls To N156.41trn

August 17, 2026

Equity traders reduced their activities on the Nigerian Exchange (NGX) on Monday, while the market capitalisation of the bourse decreased by N206.82 billion. The market capitalisation dropped to N156.41 trillion, falling below the N156.62 trillion reported on Friday. Data obtained from the

Africa·Business News·News

How a $195 Million Graphite Dispute Involving Patrice Motsepe Was Struck Off by a Tanzanian Court

August 17, 2026

A Tanzanian court has struck off a US$195 million damages claim brought by Pula Group against South African billionaire Patrice Motsepe and companies linked to him after finding that two entities connected to the disputed Chilalo graphite project had not been joined

Business News·Top Stories

Industry Review: Dangote Cement Losing Market Share To BUA Cement, HBM Nigeria

August 17, 2026

The cement industry recorded N3.92 trillion in revenue in the first half (H1) of 2026, an improvement of 23.74 percent when compared to the turnover of N3.16 trillion generated in H1 2025. Prime Business Africa (PBA) analysed the industry’s revenue based on

News·Nigeria·Politics·Top Stories

Idiaye Becomes Edo Assembly Speaker After Agbebaku Resigns Amid Impeachment Move

August 17, 2026

The Edo State House of Assembly in southern Nigeria has elected Yekini Idiaye as its new Speaker after Blessing Agbebaku resigned as lawmakers moved to remove him from office, Prime Business Africa reports. Idiaye, a third-term legislator representing Akoko-Edo Constituency I, was

Africa·Health·News·Top Stories

DR Congo Ebola Outbreak Becomes Deadliest in Country’s History as Death Toll Hits 2,325

August 17, 2026

An Ebola outbreak in the Democratic Republic of Congo has become the deadliest in the country’s history, with 2,325 deaths and 4,945 confirmed cases recorded as of Aug. 16, according to government data reported by Reuters. The death toll has surpassed the

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Latest

83 Nigerians Set to Return From South Africa As Xenophobic Tensions Persists

Hichilema Secures Second Term as Zambia’s President After Final Vote Count

Niger Seals $1.9 Billion Deal for Major Refinery, Petrochemical Complex

Femi Otedola Increases Investment In First HoldCo To N1.68trn After Acquiring N20bn Shares

Equity Traders Reduce Trading To N22bn Deals, NGX Market Cap Falls To N156.41trn

How a $195 Million Graphite Dispute Involving Patrice Motsepe Was Struck Off by a Tanzanian Court

Industry Review: Dangote Cement Losing Market Share To BUA Cement, HBM Nigeria

Idiaye Becomes Edo Assembly Speaker After Agbebaku Resigns Amid Impeachment Move

DR Congo Ebola Outbreak Becomes Deadliest in Country’s History as Death Toll Hits 2,325

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