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Naira Appreciates, Ends Week Positive Across Official, Black Markets

Black Market’s Dollar Rate Drops To N1,446/$, Official Window Records Decline

February 9, 2026

The foreign exchange (FX) rate of the United States dollar (USD) decreased by N1.61 kobo, while the value of the naira appreciated by 0.11 percent in the black market on Monday, February 9. According to the black market aggregator, Naira

News·Top Stories

Editors Urge National Assembly to Approve Mandatory, Immediate E-Transmission of Election Results

February 9, 2026

by Amanze Chinonye

The Nigerian Guild of Editors (NGE) has expressed deep concern over the controversy surrounding the Senate’s position on the transmission of election results ahead of the 2027 general elections, warning that the development could undermine public trust in the electoral

When ‘Reform’ Looks Like Punishment – The Enugu Passport Center Question

By Fred Chukwuelobe Reports indicate that the Enugu Zonal Passport Production Centre of the Nigerian Immigration Service (NIS) has been shut down

The SEDC Will Need Protection from Political Extortion

By Chidi Anselm Odinkalu When he presented his budget proposals for 2024 to Nigeria’s National Assembly, the first full year of appropriations

Business

Business·Top Stories

NGX Investors Trade N27.91bn Shares, Market Cap Closes At N111.65trn

February 9, 2026

On Monday, February 9, over N1.42 trillion was gained in the Nigerian Exchange (NGX), also known as the stock market, pushing the bourse’s capitalisation

Naira Devaluation Will Cause Negative Impact Of $22m On Revenues, Airtel Africa Says

Business·Top Stories

Nigerian Market Now Accounts For 24% Of Airtel Africa’s Revenue

February 6, 2026

The Nigerian market accounted for 24.06 percent of Airtel’s revenue in Africa in 2025, rising from 20.28 percent in 2024, as the Nigerian subsidiary’s

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Top Stories

Gap Between Official Window, Black Market Rates Now N82

February 6, 2026

The United States dollar (USD) traded at N1,366.19 kobo per $1 in the Nigerian foreign exchange market (NFEM) on Friday, February 6, similar to

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

Business·Top Stories

NGX Valuation Rises By N1.10trn To N110.23trn

February 6, 2026

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, surged to N110.23 trillion on Friday, February 6, from the

Black Market, Official Window Dollar Rates' Gap Widens To N127 After BDCs Hike USD Price

Business·Top Stories

Dollar Rate Increases To N1,366/$ In Official Market

February 5, 2026

On Thursday, February 5, N1,366.05 per dollar was the official rate for the United States (US) currency in the Nigerian foreign exchange market (NFEM),

Politics

Low Voters Turnout, As INEC Officials Wait In Bauchi

Insights·Opinion·Politics

Voting in the Dark: Nigeria’s Electoral Reform Fails to Shine

February 9, 2026

Akpabio Speaks On His Reported Collapse While Seeing Off Tinubu

News·Politics·Top Stories

Senate to Hold Emergency Session Amid Backlash Over Electoral Act Amendments

February 9, 2026

Senate President Godswill Akpabio has called an emergency sitting of the Senate

News·Politics·Top Stories

Tinubu’s Ambassador Nominees Face Possible Rejection by Host Countries

February 8, 2026

Nigeria’s newly nominated ambassadors face possible delays or rejection by host countries

Kwara State Governor AbdulRahman AbdulRazaq

Insights·Opinion·Politics·Top Stories

Kwara Tragedy and Politics Over Lives: Nigeria’s Priorities in the Shadow of 2027

February 7, 2026

When over 200 people were killed in Benue last year, President Bola

News·Politics·Top Stories

Electoral Reform Bill Still Under Harmonisation, Kingibe Clarifies Senate Position

February 6, 2026

Senator representing the Federal Capital Territory (FCT), Ireti Heebah Kingibe, has clarified

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

Telecom Tariff Hikes: The Business Struggle For SMEs In Nigeria

News·Nigeria·Technology·Top Stories

NCC Data Exposes Telecom Performances in Nigeria

January 30, 2026

New data from the Nigerian Communications Commission (NCC) has revealed stark differences in the performance of telecom networks across the country. The data highlighted

FEATURES·Technology·Top Stories

Will a Senate Probe Save Nigeria’s Dying Railway?

January 29, 2026

For years, Nigeria’s railways were meant to offer something the country desperately needed: a safe, fast way to move people and goods across a

News·Nigeria·Technology·Top Stories

Terra Industries Raises $11.75 Million to Build Africa’s First Homegrown Defence Tech Prime

January 13, 2026

Terra Industries, a Nigerian-founded defence technology startup, has raised $11.75 million in seed funding as it steps out of stealth and positions itself to

Business·News·Technology

Malaysia, Indonesia Block Grok Over Sexual Deepfake Images

January 13, 2026

Malaysia and Indonesia have blocked access to Grok, an artificial intelligence chatbot linked to Elon Musk’s platform X, citing concerns over the creation of

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

Sport

Diaspora·News·Sports

UK-Based Nigerian Footballer Dies After Suffering Severe Brain Injury

February 8, 2026

A Nigerian non-league footballer, Saburi Olayinka Adeniji, has died in the United Kingdom after suffering a catastrophic brain stem injury, prompting an outpouring of tributes from teammates, supporters and members of the Nigerian community. Adeniji, a winger for Kings Park Rangers FC, a grassroots club based in Halstead, Essex, passed away in hospital on Friday, February 6, 2026, after spending

Opinion·Sports·Top Stories

Giants Real Madrid Becoming Teeters

February 2, 2026

Ordinarily, there ought to be no big deal about Real Madrid or

News·Sports·Top Stories

CAF Sanctions Senegal, Morocco Over Chaotic AFCON 2025 Final

January 29, 2026

The Confederation of African Football (CAF) has imposed heavy sanctions on the

News·Sports·Top Stories·World News

Ex-Fifa President Backs US World Cup Boycott Over Security Concerns

January 27, 2026

Former Fifa president Sepp Blatter has urged football fans to reconsider travelling

FEATURES·Opinion·Sports·Top Stories

AFCON FINAL: How Referee Chaos, Officiating Outrage Tainted Senegal’s Win

January 19, 2026

After a spectacle of 52 games, and a record-breaking number of goals

Markets

Markets·News·Top Stories·World News

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

January 25, 2026

U.S. President Donald Trump has threatened to impose 100 per cent tariffs on all Canadian goods entering the United States, sharply escalating trade tensions

Business·Finance & Economy·Markets·News·Nigeria

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

January 13, 2026

Nigeria’s customs authority has introduced new rules for courier companies that handle imported goods under a system where duties are paid before delivery, Prime

Business·Markets·Power·Top Stories

Behind the Geregu Power Sale: Politics and a $750m Deal

January 11, 2026

The sale of Geregu Power, one of Nigeria’s largest electricity plants, has drawn attention after politically connected figures assumed top positions. Billionaire Femi Otedola

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

Latest

Business·Top Stories

Black Market’s Dollar Rate Drops To N1,446/$, Official Window Records Decline

February 9, 2026

The foreign exchange (FX) rate of the United States dollar (USD) decreased by N1.61 kobo, while the value of the naira appreciated by 0.11 percent in the black market on Monday, February 9. According to the black market aggregator, Naira Rates, the

News·Top Stories

Editors Urge National Assembly to Approve Mandatory, Immediate E-Transmission of Election Results

February 9, 2026

The Nigerian Guild of Editors (NGE) has expressed deep concern over the controversy surrounding the Senate’s position on the transmission of election results ahead of the 2027 general elections, warning that the development could undermine public trust in the electoral process. In

Business·Top Stories

NGX Investors Trade N27.91bn Shares, Market Cap Closes At N111.65trn

February 9, 2026

On Monday, February 9, over N1.42 trillion was gained in the Nigerian Exchange (NGX), also known as the stock market, pushing the bourse’s capitalisation to N111.65 trillion. The market capitalisation closed at N110.23 trillion on Friday, February 6. This followed an expansion

Insights·Opinion·Politics

Voting in the Dark: Nigeria’s Electoral Reform Fails to Shine

February 9, 2026

News·Nigeria

Nigeria Moves to Protect Waterways After Reclamation Chokes Boat Routes

February 9, 2026

On the muddy edge of Lagos Lagoon, boat operator Sadiq Adebayo has learnt to read the water like a map. Some channels that were wide enough for his wooden boat five years ago are now blocked by sandfills and private fences, forcing

News·Top Stories

Peter Obi Leads Protest at National Assembly, Calls for Mandatory Real-Time Election Result Transmission

February 9, 2026

Former governor of Anambra State, Peter Obi joined demonstrators at the National Assembly on Monday, calling for urgent reforms to Nigeria’s electoral process, Prime Business Africa reports. The protest, organized under the Occupy National Assembly banner, focuses on the Senate’s recent amendment

News·Top Stories·World News

Iran Widens Crackdown, Arrests Key Reformist Leaders

February 9, 2026

Iranian authorities have intensified their campaign against political dissent, detaining at least four senior figures from the country’s reformist movement, according to state media. Among those arrested are Azar Mansouri, leader of the Reformist Front; former diplomat Mohsen Aminzadeh; and ex-lawmaker Ebrahim

News·Top Stories·World News

Takaichi’s Poll Victory Sends Japanese Markets Surging

February 9, 2026

Japanese stocks hit record highs Monday after Prime Minister Sanae Takaichi’s Liberal Democratic Party (LDP) secured an unprecedented two-thirds majority in the lower house, giving her government broad authority to pursue pro-business reforms and economic stimulus measures. The Nikkei 225 index jumped

News·Nigeria·Top Stories

Why UK Is Returning Nigeria’s Cultural Artefacts

February 9, 2026

In a historic move, the University of Cambridge has returned 116 Benin artefacts to Nigeria, restoring centuries-old cultural treasures taken during the 1897 British invasion of Benin City. The objects, mostly brass with some ivory and wooden sculptures, were formally handed over

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