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Federal Government Unveils 2026 MDA Budget Allocations; Finance, Defence, Works Lead Spending

January 9, 2026

The Federal Government has released the 2026 budget allocations for Ministries, Departments, and Agencies (MDAs), revealing a multi-trillion-naira distribution aligned with national priorities in security, infrastructure, human capital, and economic growth. The 2026 budget, titled the “Budget of Consolidation, Renewed

Business·FEATURES

Fueling Goes Digital: AA Rano Ushers in Nigeria’s First Unmanned Fuel Stations

January 9, 2026

by Amanze Chinonye

In the predawn stillness of Nigerian cities, a quiet revolution is unfolding at the nation’s fuel stations. No attendants greet motorists, no handwritten receipts exchange hands. Instead, drivers pull in, tap a screen, pay digitally, and watch fuel dispense precisely

Nigerians to Receive Immediate Refunds for Failed Telecom Transactions

Nigerian telecom users will begin receiving automatic refunds for failed airtime and data purchases under a new framework introduced by the Nigerian

Ghana Authorities Remain Silent Days After Ex-Minister’s Arrest in US

By Prosper Okoye Former Ghanaian finance minister Kenneth Ofori‑Atta has been detained by US Immigration and Customs Enforcement (ICE) over questions about

Business

NAF Confirms Crash Of Helicopter Targeting Oil Thieves In Port Harcourt

Business·News·Top Stories

Nigeria to Spend $455m on Attack Helicopters from US

January 8, 2026

By Prosper Okoye Nigeria is set to acquire 12 AH-1Z attack helicopters from the United States in a deal worth $455 million (about ₦200

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Top Stories

Black Market’s Dollar Rate Increases To N1,478/$

January 8, 2026

The Nigerian foreign exchange market (NFEM), also known as the official window, recorded no changes in the foreign exchange (FX) rate for the United

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

Business·Top Stories

NGX ASI Expands By 0.13%, Lifting Stock Market Cap By N137.34bn

January 8, 2026

The all-share index (ASI) of the Nigerian Exchange (NGX) expanded to 160,806.56 ASI on Thursday, January 8, from the 160,591.76 ASI reported on Wednesday,

Business·Top Stories

Investors Snubbed Infinity Trust, LivingTrust For Abbey Mortgage Bank In 2025

January 8, 2026

Abbey Mortgage Bank was the most sought-after mortgage stock on the Nigerian Exchange (NGX), also known as the stock market, in 2025, as investors

Recapitalisation: UBA Extends Deadline For Rights Issue

Business·Markets·News

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

January 8, 2026

United Bank for Africa (UBA) has successfully concluded its rights issue, raising ₦157.84 billion through the issuance of 3.16 billion ordinary shares at ₦50

Politics

News·Politics·Top Stories

Impeachment Grounds Laid Bare: Rivers Assembly Lists Eight Allegations Against Fubara

January 8, 2026

The Rivers State House of Assembly has escalated its impeachment move against Governor Siminalayi Fubara by formally outlining eight allegations of gross misconduct, providing fresh insight into the claims driving the renewed political crisis in the state. At plenary, lawmakers accused the governor of actions they said amount to constitutional breaches and abuse of office, forming the basis of the

Rivers Crisis: Why Wike Shouldn’t Fight Fubara – Analyst

News·Politics

Rivers APC Rejects Impeachment Move Against Governor Fubara

January 8, 2026

By Prosper Okoye The All Progressives Congress (APC) in Rivers State has

News·Politics·Top Stories·World News

Trump Unplugs: US Exits 66 Global Bodies, Pacts, Citing ‘America First’ Shift – Full List

January 8, 2026

Trump Unplugs: US Exits 66 Global Pacts, Citing ‘America First’ Shift President

Opinion·Politics

ADC-Power Dynamics and Realism

January 8, 2026

By Oseloka H. Obaze Political power is never given. Hardly is it

News·Politics·Top Stories

INEC Rejects Claims of Excluding Labour Party from 2026 FCT Area Council Polls

January 7, 2026

The Independent National Electoral Commission (INEC) has rejected allegations that it deliberately

Entertainment

Emmys 2025: ‘Adolescence’ Win Big, Full Winners List

September 15, 2025

The 2025 Emmy Awards were handed out Sunday, with Adolescence, The Studio, The Pitt, and The

Entertainment

How To Vote For AFRIMA 2025

September 9, 2025

The countdown to AFRIMA 2025 has officially begun as the All Africa Music Awards announced that

Entertainment

Full AFRIMA 2025 Nominations List: Davido, Burna Boy Lead List

September 5, 2025

The wait is over! The African Music Awards (AFRIMA) 2025 nominees list has been officially released,

Entertainment

AFRIMA 2025 Nominees List Unveiled: Voting Details, Top Contenders

September 5, 2025

The African Music Awards (AFRIMA) 2025 nominees list is finally here, music fans across the continent

Entertainment

Court Orders Mohbad’s Wife To Run DNA On Their Son

September 4, 2025

A Lagos State Magistrate Court sitting in Ikorodu, on Tuesday, September 2, 2025, ordered a DNA

Technology

Business·News·Technology

Nigerian Mobile Users May Pay More Under New NCC Roadmap

January 7, 2026

By Prosper Okoye Nigerian mobile phone users may face higher call and data costs following a new five-year plan released by the country’s telecoms

Labour·News·Technology·Top Stories·World News

Musk Predicts AI Future Where Salaries, Money Lose Relevance

December 17, 2025

Elon Musk has warned that money and salaries could become irrelevant in the future as artificial intelligence and robotics advance to the point where

News·Security·Technology

Bandits Use Advanced Technology to Evade Tracking – Tijani

December 13, 2025

Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has disclosed that armed bandits and criminal networks operating across parts of the country

News·Security·Technology·Top Stories·World News

China Deploys 24/7 AI-Powered Police Patrol Vehicles in New Phase of Automated Urban Policing

December 7, 2025

China has expanded its push into automated law-enforcement with the deployment of AI-driven police patrol vehicles capable of operating round-the-clock using facial-recognition technology, panoramic

News·Nigeria·Technology·Top Stories

FG Unveils Nationwide Real-Time Online Classes to Bridge Learning Gaps

November 25, 2025

The Federal Ministry of Education has launched a nationwide rollout of Inspire Live(s), a real-time online learning initiative aimed at expanding equitable access to

Sport

Opinion·Sports·Top Stories

The Raw Goat in Morocco 2025: AFCON and the Burden of Crude Representation

January 1, 2026

The Raw Goat in Morocco 2025: AFCON and the Burden of Crude Representation By Dr Marcel Mbamalu From its inception in 1957 under Egypt’s Abdel Aziz Abdallah Salem to its current status under South Africa’s Patrice Motsepe, the Confederation of African Football (CAF) has evolved into the second-largest football confederation in the world. The Africa Cup of Nations is no

News·Sports·Top Stories

Anthony Joshua Stable After Ogun Crash as FRSC Blames Speeding, Wrongful Overtaking for Fatal Accident

December 30, 2025

Former world heavyweight boxing champion Anthony Joshua remains in stable condition after

News·Sports·Top Stories

Anthony Joshua Injured in Ogun Road Crash as Two Persons Die

December 29, 2025

British-Nigerian heavyweight boxing star Anthony Joshua was on Monday involved in a

News·Sports

Air Peace, Onyema Back WABU Welterweight Champion Obizulike with ₦10m Sponsorship

December 24, 2025

Chairman and Chief Executive Officer of West and Central Africa’s largest airline,

News·Sports

Musa Calls Time on Illustrious Super Eagles Career

December 17, 2025

Nigeria’s most-capped footballer, Ahmed Musa, has formally announced his retirement from international

Markets

Business·Markets·News

GivTrade Secures UAE SCA Category 5 Licence

December 29, 2025

GivTrade, an international multi-asset brokerage providing access to global markets via CFDs, on Wednesday announced that it has been granted a Category 5 (“Arrangement

Business·Markets·News

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

December 21, 2025

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified

Business·Markets·Top Stories

Dollar Trades Flat In Black Market, Appreciates In Official Window

December 17, 2025

The dollar traded at N1,487.01/$1 in the parallel market on Wednesday, December 17, indicating the naira neither depreciated nor appreciated against the United States

Markets·News·World News

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

December 17, 2025

The government of Venezuela has condemned what it described as a “reckless and serious threat” issued by U.S. President Trump, accusing him of violating

Business·Markets·News·World News

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

December 16, 2025

The Bank of Japan (BOJ) is set to raise its short-term policy interest rate to 0.75 per cent from 0.5 per cent at the

Latest

Finance & Economy·News·Top Stories

Federal Government Unveils 2026 MDA Budget Allocations; Finance, Defence, Works Lead Spending

January 9, 2026

The Federal Government has released the 2026 budget allocations for Ministries, Departments, and Agencies (MDAs), revealing a multi-trillion-naira distribution aligned with national priorities in security, infrastructure, human capital, and economic growth. The 2026 budget, titled the “Budget of Consolidation, Renewed Resilience, and

Business·FEATURES

Fueling Goes Digital: AA Rano Ushers in Nigeria’s First Unmanned Fuel Stations

January 9, 2026

In the predawn stillness of Nigerian cities, a quiet revolution is unfolding at the nation’s fuel stations. No attendants greet motorists, no handwritten receipts exchange hands. Instead, drivers pull in, tap a screen, pay digitally, and watch fuel dispense precisely measured, transparently

News·Top Stories·World News

OIC, Nigeria, Egypt, Others Condemn Israeli Official’s Visit to Somaliland, Demand Reversal of Recognition

January 9, 2026

A coalition of foreign ministers from more than 20 countries, alongside the Organisation of Islamic Cooperation (OIC), has strongly condemned a recent visit by an Israeli official to the self-declared “Somaliland” region of Somalia, describing it as illegal and a violation of

Business·News·Technology·Top Stories

Nigerians to Receive Immediate Refunds for Failed Telecom Transactions

January 8, 2026

Nigerian telecom users will begin receiving automatic refunds for failed airtime and data purchases under a new framework introduced by the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN). The policy, which takes effect from 1 March 2026, requires

Africa·News

Ghana Authorities Remain Silent Days After Ex-Minister’s Arrest in US

January 8, 2026

By Prosper Okoye Former Ghanaian finance minister Kenneth Ofori‑Atta has been detained by US Immigration and Customs Enforcement (ICE) over questions about his immigration status. Ofori‑Atta’s lawyers confirmed that he was taken into custody on Tuesday, 7 January, while a petition regarding

News·Top Stories

ICPC Confirms Probe of Dangote’s Allegations Against Former NMDPRA Boss Continues Despite Petition Withdrawal

January 8, 2026

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed that its investigation into allegations against Engineer Farouk Ahmed, the immediate past ACE/CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is ongoing, despite billionaire Alhaji Aliko Dangote

Finance & Economy·News·Top Stories

Tinubu Celebrates NGX Surpassing N100 Trillion, Urges Nigerians to Boost Local Investments

January 8, 2026

President Tinubu has congratulated corporate Nigeria, investors, and stakeholders in the Nigerian capital market for surpassing the historic N100 trillion market capitalisation on the Nigerian Exchange (NGX). Describing the milestone as an “inspiration for the investing public,” President Tinubu urged Nigerians to

Business·News·Top Stories

Nigeria to Spend $455m on Attack Helicopters from US

January 8, 2026

By Prosper Okoye Nigeria is set to acquire 12 AH-1Z attack helicopters from the United States in a deal worth $455 million (about ₦200 billion), Prime Business Africa gathered. The Chief of the Air Staff, Air Marshal Sunday Aneke, is in the

News·Top Stories

Tributes Pour in as Chimamanda Ngozi Adichie Mourns Loss of 21‑month‑old Son

January 8, 2026

By Prosper Okoye Tributes have poured in from fans, literary figures, and public officials following the death of Chimamanda Ngozi Adichie and her husband, Dr Ivara Esege’s 21‑month‑old son, Nkanu Nnamdi. The child, one of a set of twins, died on Wednesday

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