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Business News·Nigeria·Oil & Gas·Top Stories

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

September 29, 2026

NNPC Ltd. reported a 33% increase in profit after tax to ₦7.2 trillion for the 2025 financial year, despite a 24% decline in revenue to ₦34.5 trillion, Group Chief Executive Officer Bayo Ojulari said on Tuesday. Earnings per share

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Africa·Business News·Top Stories

Dangote Says Lamu Refinery will Withstand Legal Challenge

September 29, 2026

by Amanze Chinonye

Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal part of doing business in Africa, Prime Business

‘Naija Spirit’ Heads to Birnin Kebbi After UNILAG Outing

Nigerian poet and theatre maker Dike Chukwumerije has called for renewed civic engagement among young Nigerians as his production, Naija Spirit, continued

created Calls To Scrap EFCC And ICPC: Any Justification?

ICPC Petitioned Over Alleged N50bn Contract, N1.9bn Shortfall in Presidential Amnesty Programme

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been petitioned to investigate alleged corruption, procurement irregularities and mismanagement of

Business

Africa·Business News·Finance & Economy·Top Stories

South Africa Q2 FDI surges 145% Despite Economic Contraction

September 29, 2026

South Africa’s foreign direct investment (FDI) inflows surged 145% in the second quarter, providing a stronger source of external capital even as the economy

Business News·Top Stories·World News

UAE Signals Additional $25 Billion Investment in India as Energy, Trade ties Deepen

September 28, 2026

The United Arab Emirates (UAE) plans to invest an additional $25 billion in India in the near future, Indian Commerce and Industry Minister Piyush

Africa·Business News·Top Stories

Ghana Borrowing Costs Slide as Monetary Easing Drives Lending Rates to 15.9%

September 28, 2026

Ghana’s average bank lending rate fell to 15.94% in August from 24.15% a year earlier, extending a sharp decline in borrowing costs as easier

Africa·Business News·Insights

Ruto Signals Deeper AFC Role in Kenya’s Lamu Refinery Push

September 26, 2026

Kenya has increased its shareholding in the Africa Finance Corporation (AFC) by $25 million (3.25 billion shillings), President William Ruto said on Saturday during

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

Africa·Business News·Top Stories

TOR Secures 950,000 Barrels of Sankofa Crude to Sustain Operations

September 26, 2026

Tema Oil Refinery (TOR) has secured 950,000 barrels of locally produced crude from Ghana’s Sankofa-Gye Nyame field, providing fresh feedstock as the refinery works

Politics

Politics·Top Stories·World News

Vucic resigns as Serbia President, Seeks Return as Prime Minister

September 28, 2026

Serbian President Aleksandar Vucic has resigned seven months before the end of his second term, paving the way for him to lead his Serbian Progressive Party (SNS) into an Oct. 25 parliamentary election and potentially return to government as prime minister. Vucic announced his resignation on Sunday and formally handed over presidential duties on Monday to National Assembly Speaker

News·Nigeria·Politics·Top Stories

INEC Reaffirms Neutrality Ahead of 2027 Elections

September 28, 2026

Nigeria’s electoral commission has no preferred candidate or political party for the

Africa·News·Politics·Top Stories

South Sudan President Signs Election Law Ahead of December Vote

September 22, 2026

South Sudan President Salva Kiir has signed amendments to the country’s election

Politics·Top Stories·World News

Australia Launches Bid for UN Security Council Seat for 2029-30

September 21, 2026

Australia has launched its campaign for a seat on the United Nations

Politics·World News

Germany Closes St Petersburg Consulate as Ties with Russia Deteriorate

September 20, 2026

Germany’s Consulate-General in St Petersburg has closed after more than five decades

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

Finance & Economy·News·Nigeria·Technology·Top Stories

Nigeria Launches Digital Free-Zone Push to Attract Technology Companies

September 18, 2026

Nigeria has licensed its first Digital Free Zone, Itana, as part of government efforts to attract technology companies, investment and high-value services and encourage

Africa·News·Technology

Kenya court nullifies $1.6 billion Safaricom Stake Sale

September 16, 2026

Kenya’s High Court has declared the government’s sale of a 15% stake in Safaricom Plc to Vodacom Group invalid and ordered the shares returned

Technology·Top Stories·World News

Microsoft AI Drafts Code to Keep Models Under Human Control

September 15, 2026

Microsoft AI on Monday published a draft code of conduct requiring its in-house artificial intelligence models to remain under human control, as concerns grow

Business News·Technology·Top Stories·World News

Samsung Shares Slide 8% as Record Return Plan Disappoints Investors

August 24, 2026

Shares of Samsung Electronics fell more than 8% in early trading on Monday after investors reacted negatively to the South Korean technology giant’s record

Data Coverage: 90% Of Nigerian Adults Now Captured By NIMC - Bosun Tijani

News·Nigeria·Technology·Top Stories

Nigeria Sets October 1 for New Digital Postcode System

August 19, 2026

Nigeria will roll out its new National Digital Alphanumeric Postcode System on Oct. 1, 2026, giving addressable locations unique digital codes as the government

Sport

Sports·Top Stories·World News

Kenya Makes history as Africa Lands First World Athletics Championships

September 15, 2026

Nairobi and Munich have been selected to host the 2029 and 2031 World Athletics Championships, respectively, bringing the sport’s flagship global event to Africa for the first time, Prime Business Africa reports. The World Athletics Council made the decision at its 242nd meeting in Budapest on Tuesday, selecting Nairobi for the 2029 championships before the event returns to Germany two

Africa·News·Sports·Top Stories

Nairobi Enters Race to Host 2029 World Athletics Championships

August 11, 2026

Nairobi has formally submitted its bid to host the 2029 World Athletics

News·Sports·World News

Moroccan Football Prospect Dies in Attempted Sea Crossing to Spain

August 7, 2026

Moroccan footballer Faten Ben Amar El Azizi, 20, died while attempting to

News·Sports·Top Stories·World News

7-Foot-6 Australian Teenager Jongkuch Mach Emerges Basketball’s Latest Global Sensation

July 31, 2026

An Australian teenager with a rare physical profile is attracting global attention

Opinion·Sports·Top Stories

World Cup that Ate the world – The Good, the Bad, the Bizarre… and the VAR

July 20, 2026

By Jude Dike There are World Cups. Then, there are World Cups

Markets

Business News·Markets·Top Stories·World News

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

September 21, 2026

India and New Zealand’s free trade agreement (FTA) will take effect on Oct. 20, giving Indian exporters duty-free access to the New Zealand market

Business News·Markets·Top Stories

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

September 14, 2026

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has been named as an authorised financial institution through which eligible investors can subscribe to

Business News·Markets·Top Stories

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

June 24, 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in the first quarter of 2026, with nine out of 11 listed companies posting double-digit

Business News·Markets·Top Stories

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

June 11, 2026

On Thursday, the official foreign exchange (FX) rate for the United States dollar (USD) increased by N1.77 kobo in the Nigerian foreign exchange market

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Business News·Markets·Top Stories

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

June 11, 2026

Only one of five pharmaceutical firms listed on the Nigerian Exchange saw shareholders’ investment shrink in Q1 2026. The other four delivered gains totaling

Latest

Business News·Nigeria·Oil & Gas·Top Stories

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

September 29, 2026

NNPC Ltd. reported a 33% increase in profit after tax to ₦7.2 trillion for the 2025 financial year, despite a 24% decline in revenue to ₦34.5 trillion, Group Chief Executive Officer Bayo Ojulari said on Tuesday. Earnings per share rose 32%

Africa·Business News·Top Stories

Dangote Says Lamu Refinery will Withstand Legal Challenge

September 29, 2026

Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal part of doing business in Africa, Prime Business Africa reports.

Africa·Business News·Finance & Economy·Top Stories

South Africa Q2 FDI surges 145% Despite Economic Contraction

September 29, 2026

South Africa’s foreign direct investment (FDI) inflows surged 145% in the second quarter, providing a stronger source of external capital even as the economy contracted during the period, central bank data showed on Tuesday. FDI rose to 49.8 billion rand ($3.03

Africa·News·Security·Top Stories

Nigeria Seeks Probe into Deaths of Three Nationals in South Africa

September 29, 2026

Nigeria has called on South African authorities to investigate the deaths of three Nigerian nationals in separate incidents between Sept. 18 and 21, amid renewed concerns over the safety of Nigerians in the country, Prime Business Africa reports. The Nigerian Consulate General

Finance & Economy·News·Nigeria·Top Stories

Ogun’s $7bn Gateway Seaport to Enter Construction Phase in November

September 29, 2026

Ogun State will begin construction of its proposed $7 billion Gateway Deep Seaport and Blue Marine Special Economic Zone in November, moving the long-planned maritime project into its implementation phase, Governor Dapo Abiodun said. Construction is expected to start immediately after the

Africa·News·Real Estate·Top Stories

Kenya Court Keeps Lamu Refinery Plans on Track Despite Land Challenge

September 29, 2026

A Kenyan court has declined to grant an interim order sought by 133 Lamu residents to stop preparations for the proposed Dangote refinery, leaving the planned groundbreaking on Wednesday while directing parties to preserve the existing position on the disputed land, Prime

News·Top Stories

‘Naija Spirit’ Heads to Birnin Kebbi After UNILAG Outing

September 29, 2026

Nigerian poet and theatre maker Dike Chukwumerije has called for renewed civic engagement among young Nigerians as his production, Naija Spirit, continued its nationwide tour with a performance at the University of Lagos on Saturday. The performance, held at the Faculty of

News·Top Stories

ICPC Petitioned Over Alleged N50bn Contract, N1.9bn Shortfall in Presidential Amnesty Programme

September 29, 2026

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been petitioned to investigate alleged corruption, procurement irregularities and mismanagement of public funds at the Presidential Amnesty Programme (PAP). The petition, dated September 15, 2026 and addressed to the Chairman of

Africa·Finance & Economy·News·Top Stories

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

September 28, 2026

Burkina Faso inaugurated its first national gold refinery on Monday, Sept. 28, taking a step toward processing more of its gold domestically instead of sending it abroad for refining, Prime Business Africa reports. President Ibrahim Traore inaugurated the Raffinerie Nationale d’Or du

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