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Nigerian Army offers cash reward for information leading to arrest of top ISWAP leaders

August 6, 2026

The Nigerian Army has announced a cash reward for credible information leading to the arrest of Abu Musa Al-Mangawi Baa Shuwa, the alleged leader of the Islamic State West Africa Province (ISWAP), as the military intensifies efforts to dismantle the group’s leadership

Business News·News·World News

Why Morocco Named $1 Billion Highway After Trump

August 6, 2026

Morocco’s decision to name its newly completed $1 billion, 1,055-kilometre Tiznit-Dakhla Expressway after U.S. President Donald Trump is more than a symbolic gesture. It reinforces Rabat’s campaign to secure international recognition of its sovereignty over the disputed Western Sahara, one of Africa’s

Africa·News·Top Stories

South Africa Opposes Isolation Over Migration, Seeks Africa-Wide Response

August 5, 2026

South Africa has renewed its call for the African Union (AU) to convene a continent-wide conference on migration, arguing that rising migration pressures and anti-migrant sentiment require a coordinated African response rather than scrutiny of individual countries, Prime Business Africa reports.

Business News·Top Stories

FX Market Records Increase In Dollar, Pound, Euro Rates As Naira Slumps

August 5, 2026

About N1,363.84 kobo was offered for one United States dollar (USD) by the foreign currency traders in the Nigerian foreign exchange market (NFEM) on Wednesday, compared to the N1,362.55 kobo per $1 recorded on Wednesday. Dollar: USD Trades As High As N1,364.9/$

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business News·Top Stories

Nigerian Bourse Loses N564bn, Traders Reduce Transactions To N21bn

August 5, 2026

On Wednesday, the Nigerian stock market declined by N564.90 billion to N157.45 trillion, falling below the N158.01 trillion recorded on Tuesday. The decline was on the back of the all-share index (ASI) losing 875.17 basis points, as the index fell to 243,927.66

Africa·News·Politics·Top Stories

Biya Reshuffles Cameroon Military Leadership as Prolonged Absence Fuels Succession Concerns

August 5, 2026

Cameroon’s President Paul Biya has approved a major shake-up of the country’s military command structure, promoting senior officers and replacing commanders in key formations as his extended absence from public view raises fresh concerns over governance, political stability and succession, Prime Business

News·Oil & Gas·Top Stories

Dangote Refinery Targets Record $5bn IPO to Drive African Expansion

August 5, 2026

Dangote Petroleum Refinery is preparing what could become Africa’s largest-ever initial public offering (IPO), seeking to raise about $5 billion in a share sale expected to be completed in October to finance expansion and strengthen the continent’s refining capacity. Sources familiar with

Business News·Top Stories

BUA Foods Cuts Costs To Grow Profit By 14% — After Revenue Dropped To N765bn

August 5, 2026

BUA Foods failed to replicate the N912.51 billion revenue generated in the first half of 2025, as the company earned N765.11 billion in turnover in the corresponding period in 2026. Analysis of the company’s unaudited half-year financials for the period ended June

Health·News·Top Stories

FG, NARD Reach Agreement to Avert Nationwide Doctors’ Strike

August 5, 2026

The Federal Government and the Nigerian Association of Resident Doctors (NARD) have reached an agreement to address the issues that prompted the association’s planned nationwide strike, following a high-level meeting convened by the Chief of Staff to the President, Femi Gbajabiamila, Prime

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Latest

Nigerian Army offers cash reward for information leading to arrest of top ISWAP leaders

Why Morocco Named $1 Billion Highway After Trump

South Africa Opposes Isolation Over Migration, Seeks Africa-Wide Response

FX Market Records Increase In Dollar, Pound, Euro Rates As Naira Slumps

Nigerian Bourse Loses N564bn, Traders Reduce Transactions To N21bn

Biya Reshuffles Cameroon Military Leadership as Prolonged Absence Fuels Succession Concerns

Dangote Refinery Targets Record $5bn IPO to Drive African Expansion

BUA Foods Cuts Costs To Grow Profit By 14% — After Revenue Dropped To N765bn

FG, NARD Reach Agreement to Avert Nationwide Doctors’ Strike

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