Prime Business Africa

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Government Pushes Back Against KPMG Critique of Nigeria’s New Tax Laws

January 10, 2026

The Presidential Fiscal Policy and Tax Reforms Committee has issued a detailed response to a recent critique by professional services firm KPMG on Nigeria’s newly implemented tax laws, arguing that most of the concerns raised reflect differences in policy preference

News·Politics·Top Stories

Ex-Abia Governors Kalu, Theodore Orji Mobilise Old Political Guard Against Otti for 2027

January 10, 2026

by Amanze Chinonye

Former Abia State Governors, Senator Orji Uzor Kalu and Senator Theodore Orji, have formally commenced consultations aimed at reclaiming political power from Governor Alex Otti ahead of the 2027 governorship election, Prime Business Africa reports. The two former governors met

Business

Business·News·Top Stories·Transport

$9.5m UK Loot Earmarked for Completion of Abuja–Kano Road

January 9, 2026

More than $9.5m recovered from corruption-linked funds in the UK will be used to complete sections of the Abuja–Kano Road, Nigerian and Jersey authorities

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th September 2025

Business·Top Stories

Traders Exchange Dollar At N1,424/$, N1,477/$ In Official, Black Markets

January 9, 2026

On Friday, January 9, the United States dollar (USD) appreciated in value by 0.24 percent as the rate in the Nigerian foreign exchange market

John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

Business·Top Stories

NGX Market Cap Up By N953.69bn To N103.77trn

January 9, 2026

The market capitalisation of the Nigerian Exchange (NGX) increased by N953.69 billion to N103.77 trillion on Friday, January 9. It grew from the N102.82

Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

Business·Top Stories

Aliko Dangote Made N2.28trn From Nigerian Stock Market In 2025

January 9, 2026

Aliko Dangote, the richest man in Nigeria and Africa, recorded N2.28 trillion gain on the Nigerian Exchange (NGX), also known as the stock market,

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

Politics

News·Politics·Top Stories

Ex-Abia Governors Kalu, Theodore Orji Mobilise Old Political Guard Against Otti for 2027

January 10, 2026

Former Abia State Governors, Senator Orji Uzor Kalu and Senator Theodore Orji, have formally commenced consultations aimed at reclaiming political power from Governor Alex Otti ahead of the 2027 governorship election, Prime Business Africa reports. The two former governors met on Friday in Umuahia with several past political officeholders in the state, as part of an emerging alliance seeking to

News·Politics·Top Stories·World News

Nigerians React After Trump Warns of Possible US Strikes

January 9, 2026

President Donald Trump’s warning that the United States could carry out further

News·Politics

Datti Asks Obi to Resign From Labour Party After Joining ADC

January 9, 2026

The vice presidential candidate of the Labour Party (LP), Datti Baba-Ahmed, has

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

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

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

News·Nigeria·Technology·Top Stories

Tech Innovator Hanu Expands Inclusion with AI Smart Glasses for Hearing-Impaired Nigerians

January 10, 2026

Nigerian-born tech innovator, Hanu Fejiro Agbodjie, has donated AI-powered smart glasses to hearing-impaired Nigerians, reinforcing his commitment to using technology to promote social inclusion

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

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

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

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

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

Latest

Finance & Economy·News·Top Stories

Government Pushes Back Against KPMG Critique of Nigeria’s New Tax Laws

January 10, 2026

The Presidential Fiscal Policy and Tax Reforms Committee has issued a detailed response to a recent critique by professional services firm KPMG on Nigeria’s newly implemented tax laws, arguing that most of the concerns raised reflect differences in policy preference rather than

News·Politics·Top Stories

Ex-Abia Governors Kalu, Theodore Orji Mobilise Old Political Guard Against Otti for 2027

January 10, 2026

Former Abia State Governors, Senator Orji Uzor Kalu and Senator Theodore Orji, have formally commenced consultations aimed at reclaiming political power from Governor Alex Otti ahead of the 2027 governorship election, Prime Business Africa reports. The two former governors met on Friday

News·Nigeria·Technology·Top Stories

Tech Innovator Hanu Expands Inclusion with AI Smart Glasses for Hearing-Impaired Nigerians

January 10, 2026

Nigerian-born tech innovator, Hanu Fejiro Agbodjie, has donated AI-powered smart glasses to hearing-impaired Nigerians, reinforcing his commitment to using technology to promote social inclusion and expand opportunities for persons living with disabilities, Prime Business Africa reports. The donation, carried out in Lagos

Health·News·Nigeria

Nigerian Court Halts Doctors’ Strike as Government Makes Payment Claim

January 9, 2026

A Nigerian court has stopped resident doctors from going ahead with a nationwide strike, as the government insists it has already taken steps to address their demands. The National Industrial Court in Abuja issued an order on Friday barring the National Association

Business·News·Top Stories

China–Nigeria Trade Reaches $22.3bn, Beijing Says

January 9, 2026

Trade between China and Nigeria reached $22.3bn in the first ten months of 2025, China’s consul-general in Lagos has said. Yan Yuqing told a media forum in Lagos that the figure represented a 30% increase compared with the same period last year.

Business·News·Top Stories·Transport

$9.5m UK Loot Earmarked for Completion of Abuja–Kano Road

January 9, 2026

More than $9.5m recovered from corruption-linked funds in the UK will be used to complete sections of the Abuja–Kano Road, Nigerian and Jersey authorities have said. The money, held in a bank account in Jersey, was forfeited after a court ruled that

News·Politics·Top Stories·World News

Nigerians React After Trump Warns of Possible US Strikes

January 9, 2026

President Donald Trump’s warning that the United States could carry out further military strikes in Nigeria if attacks on Christians continue has sparked widespread debate both online and in political circles. The remarks, made in an interview with The New York Times,

Finance & Economy·News·Nigeria·Top Stories

Austrian Man Arraigned in Nigeria Over Undeclared $800,000 and €650,000

January 9, 2026

An Austrian man has appeared in court in Lagos over the failure to declare large sums of foreign currency at Nigeria’s main international airport. Kavlak Onal, who was due to fly to Dubai, was intercepted at Murtala Muhammed International Airport in December

News·Politics

Datti Asks Obi to Resign From Labour Party After Joining ADC

January 9, 2026

The vice presidential candidate of the Labour Party (LP), Datti Baba-Ahmed, has called on former presidential candidate Peter Obi to formally resign from the party and return his membership card after joining the African Democratic Congress (ADC) coalition. Speaking on Friday on

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