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NCDMB Issues New NCEC Guidance Notes, Bars Transfer of Certificates

February 8, 2026

The Nigerian Content Development and Monitoring Board (NCDMB) has issued new Nigerian Content Equipment Certificate (NCEC) Application Guidance Notes, aimed at fast-tracking oil and gas contracting processes, eliminating unqualified intermediaries and reducing Nigeria’s cost of crude oil production. The guidance

News·Politics·Top Stories

Tinubu’s Ambassador Nominees Face Possible Rejection by Host Countries

February 8, 2026

by Prosper Okoye

Nigeria’s newly nominated ambassadors face possible delays or rejection by host countries as the government struggles to secure diplomatic approval for their postings less than two years before the end of President Bola Tinubu’s first term, according to senior officials

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

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),

Business·Top Stories

Nigerian Stock Market Cap Hits N109.12trn — up by N1.26trn

February 5, 2026

The Nigerian Exchange (NGX) said the bourse’s market capitalisation increased from N107.86 trillion, recorded on Wednesday, February 4, to N109.12 trillion on Thursday, February

Politics

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 as the government struggles to secure diplomatic approval for their postings less than two years before the end of President Bola Tinubu’s first term, according to senior officials in the presidency and the foreign service. Under international diplomatic rules, a receiving country must grant formal consent, known as

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

News·Nigeria·Politics·Top Stories

Sanusi Rejects Move to Include Traditional Rulers in Constitution

February 4, 2026

The Emir of Kano, Alhaji Dr. Sanusi Lamido Sanusi, has rejected proposals

Odinaku Criticises Prof Bako's Inaugural Lecture On Igbos In History Of Intergroup Relations In Kano

Opinion·Politics·Top Stories

In the House of ‘My Lord’, There are Judgments – Odinkalu

February 1, 2026

By Chidi Anselm Odinkalu Abdul Leigh Balogun became a judge of the

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

News·Oil & Gas·Top Stories

NCDMB Issues New NCEC Guidance Notes, Bars Transfer of Certificates

February 8, 2026

The Nigerian Content Development and Monitoring Board (NCDMB) has issued new Nigerian Content Equipment Certificate (NCEC) Application Guidance Notes, aimed at fast-tracking oil and gas contracting processes, eliminating unqualified intermediaries and reducing Nigeria’s cost of crude oil production. The guidance notes, which

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 as the government struggles to secure diplomatic approval for their postings less than two years before the end of President Bola Tinubu’s first term, according to senior officials in the

Entertainment·Events·FEATURES

Nkem Owoh at 71: The Enduring Laughter of Nollywood’s ‘Osuofia’

February 8, 2026

Nollywood veteran Nkem Owoh, widely celebrated by audiences as “Osuofia,” has turned 71, marking more than four decades of influence in Nigerian film, comedy, and popular culture. From his roots in Amagu, Udi, Enugu State, Owoh has built a career that helped

Events & Opportunities·FEATURES

Ogun at 50: Where Culture, Faith, Development Converge

February 8, 2026

Ogun State marked its 50th anniversary in a grand blend of culture, reflection and development, as weeks of carefully curated activities culminated in a colourful street carnival that transformed Abeokuta into a living showcase of heritage, unity and shared progress. The OGUN

FEATURES·Finance & Economy·Opinion·Top Stories

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

February 8, 2026

By Fred Chukwuelobe Reports indicate that the Enugu Zonal Passport Production Centre of the Nigerian Immigration Service (NIS) has been shut down and its equipment dismantled. According to multiple accounts, the centre received no prior notice before officials arrived to remove the

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,

News·Nigeria·Top Stories

Utomi at 70: Stakeholders Say His Ideals Can Transform Nigeria

February 8, 2026

Scholars, journalists, public officials and private-sector leaders on Thursday paid tribute to Professor Pat Utomi at a webinar hosted by Prime Business Africa to mark his 70th birthday, praising his ideas on ethics, governance and leadership as a pathway to Nigeria’s renewal.

News·Top Stories

Tinubu to Undertake Historic State Visit to UK, First in 37 Years

February 8, 2026

President Tinubu will undertake a State Visit to the United Kingdom from Wednesday, March 18 to Thursday, March 19, 2026, following an official invitation from His Majesty King Charles III, Prime Business Africa reports. The President will be accompanied by the First

Insights·Opinion

The SEDC Will Need Protection from Political Extortion

February 8, 2026

By Chidi Anselm Odinkalu When he presented his budget proposals for 2024 to Nigeria’s National Assembly, the first full year of appropriations under his presidency, President Bola Ahmed Tinubu identified as his priorities human asset development, poverty reduction and fighting insecurity. Last

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