Prime Business Africa

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DSS Arrests Suspect Over Alleged Attack on Obi

March 2, 2026

Department of State Services (DSS), has arrested a 26-year-old suspect, Udeme Sunday Stephen, over an alleged attack on former presidential candidate Peter Obi and members of the African Democratic Congress in Benin City, Edo State. The incident occurred last Tuesday

Wema Bank In Search Of N25 billion, Target Private Investors

Business·Top Stories

Wema Bank Survives 60% Decline in Securities Investment As Topline Outpaces Expenses

March 2, 2026

by Prime Business Africa

Wema Bank recorded N653,28 billion gross earnings in 2025, according to the company’s consolidated and separate financial statements for the period ended December 31, 2025, surpassing the N433.43 billion generated in 2024. The gross earnings rose by 31 percent following

Business

FAAN Bans Taxi From Abuja Airport, Recommends Uber, Others

Business·News·Nigeria·Top Stories

Cashless Rollout Triggers Traffic Snarls at Lagos International Airport

March 1, 2026

Nigeria’s airport authority on Sunday urged motorists to remain patient after heavy traffic congestion disrupted access to the country’s two busiest airports on the

Business·Markets·News·Nigeria·Top Stories

Dangote Cement Records 20% Increase in 2025 Revenue

March 1, 2026

Dangote Cement Plc reported a 20.3 percent rise in revenue to 4.31 trillion naira ($2.7 billion) for the year ending Dec. 31, 2025, driven

Why Nigerian Airlines Have Been Unable To Compete With Foreign Operators - Keyamo

Business·News·Nigeria·Top Stories·World News

US-Iran Strikes Disrupt Nigeria–Middle East Flight Routes

February 28, 2026

Flights between Nigeria and several Middle East destinations were disrupted on Saturday after multiple countries shut their airspace following United States and Israeli strikes

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

Tinubu Envisages Lebara to Transform Nigeria’s Digital Space, Create Jobs

February 28, 2026

President Bola Ahmed Tinubu has welcomed the launch of Lebara Nigeria, describing it as a signal of investor confidence in the country’s digital economy,

Agro-Economy·Business·Finance & Economy·News·Nigeria·Top Stories

Nigeria Ports See Strong Flow of Food, Fuel Imports Amid Ongoing Price Pressures

February 28, 2026

A fleet of 21 vessels carrying petroleum products and essential food commodities is currently discharging at Nigeria’s Lagos ports, as authorities and economists watch

Politics

News·Nigeria·Politics·Top Stories

Anambra Stakeholders Split Over Soludo’s ‘One-Sided’ Project Implementation

March 2, 2026

Stakeholders from Anambra State are divided over the performance of Chukwuma Soludo as he prepares to begin a second term in office, with some praising his long-term development vision and others criticising what they describe as uneven project distribution. Bartholomew Igwilo, a Senior Advocate of Nigeria, said in an interview in Abuja on Monday that Soludo had brought an intellectual

News·Politics·Top Stories

2027 Polls: INEC Promises Reforms as Political Parties Begin Digital Registration

March 2, 2026

The Independent National Electoral Commission (INEC) has reiterated its commitment to credible

News·Nigeria·Politics·Top Stories

Omokri Rejects Claims Tinubu Using ‘Mystical Powers’

March 1, 2026

Controversial social commentator, Reno Omokri, has rejected claims that Nigeria’s president, Bola

News·Nigeria·Politics·Top Stories

Umahi Denies Sexual Harassment, N200 Million Debt Claims

March 1, 2026

Minister of Works, David Umahi, on Saturday denied allegations of sexual harassment

News·Politics·Top Stories

Adamawa Governor Fintiri Swaps PDP for APC in Strategic Realignment

February 27, 2026

In a landmark political development, Governor Ahmadu Umaru Fintiri of Adamawa State

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

Africa·News·Technology

Dozens of Ghanaians Killed Fighting in Ukraine War

February 28, 2026

Dozens of Ghanaians have been killed while fighting in the war in Ukraine, with two others currently held as prisoners of war, Foreign Affairs

News·Technology·Top Stories·World News

US Denies Selling AI Chips to China Amid Security Concerns

February 25, 2026

A high-end Nvidia chip that can train and run artificial intelligence systems has not yet been sold to Chinese firms, a US Commerce Department

News·Nigeria·Technology·Top Stories

EU Funding Boosts Nigeria’s Internet Expansion Plans

February 19, 2026

Faster and more reliable internet could soon reach millions of Nigerians after the European Union pledged €22m to support the country’s fibre-optic expansion. The

Markets·News·Politics·Technology·Top Stories·World News

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

February 18, 2026

Inside a glass factory in north-west England, molten glass pours through chutes and is blown into bottles in furnaces that burn around the clock.

Africa·News·Technology·Top Stories

Gabon Suspends Social Media Amid Rising Unrest

February 18, 2026

Gabon’s media regulator has ordered the suspension of social media platforms “until further notice,” citing content that it says is fuelling division and unrest

Sport

Business·News·Sports

Stripe Explores Possible Deal for PayPal as Takeover Speculation Lifts Shares

February 24, 2026

Financial technology company Stripe is exploring a potential acquisition of PayPal or parts of its operations, Bloomberg News reported on Tuesday. The report said Stripe has conveyed early-stage interest in a transaction involving the digital payments firm, though deliberations remain preliminary and may not result in a formal offer. Both companies declined to comment, and Reuters said it was unable

FEATURES·Sports

Brain Drain in Nigerian Sports: Governance, Trust and the Ofili Question

February 21, 2026

When Favour Ofili confirmed her decision to switch allegiance to Turkey, the

News·Sports·Top Stories

18 Senegalese Fans Jailed After AFCON Final Disturbances in Morocco

February 19, 2026

A Moroccan court has sentenced 18 Senegalese football fans to prison terms

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

Opinion·Sports·Top Stories

Giants Real Madrid Becoming Teeters

February 2, 2026

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

Markets

Business·Markets·News·World News

Aston Martin to Cut 20% of Workforce Over Rising Losses

February 25, 2026

British luxury carmaker Aston Martin has announced plans to reduce its workforce by up to 20 percent, following widening annual losses linked to US

Currency·Finance & Economy·Markets·News·Nigeria·Top Stories

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

February 24, 2026

Nigeria recorded a sharp increase in foreign capital inflows in the third quarter of 2025, but the Centre for the Promotion of Private Enterprise

Nigerian Stock Market Cap Extends Decline With N73.44bn Loss

Business·Markets·News

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

February 22, 2026

Ellah Lakes Plc’s ambitious N235 billion public offer has ended in disappointment, with the company announcing it will refund investors due to insufficient subscription.

Business·Markets·Top Stories

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

February 19, 2026

By Lukman Otunuga In a welcome development for Nigeria’s economy, inflation unexpectedly slowed in January, with prices rising 15.1% year-on-year. This represented a slight

African Countries With The Largest Proven Oil Reserves In 2025

Markets·News·Top Stories·World News

Markets Fall as Iran Signals New Chance for Nuclear Talks

February 17, 2026

Global shares slipped and oil prices fell on Tuesday after Iran offered a cautiously positive response in nuclear talks with US officials in Geneva,

Latest

News

DSS Arrests Suspect Over Alleged Attack on Obi

March 2, 2026

Department of State Services (DSS), has arrested a 26-year-old suspect, Udeme Sunday Stephen, over an alleged attack on former presidential candidate Peter Obi and members of the African Democratic Congress in Benin City, Edo State. The incident occurred last Tuesday at the

Business·Top Stories

Wema Bank Survives 60% Decline in Securities Investment As Topline Outpaces Expenses

March 2, 2026

Wema Bank recorded N653,28 billion gross earnings in 2025, according to the company’s consolidated and separate financial statements for the period ended December 31, 2025, surpassing the N433.43 billion generated in 2024. The gross earnings rose by 31 percent following a 62.73

News·Nigeria·Politics·Top Stories

Anambra Stakeholders Split Over Soludo’s ‘One-Sided’ Project Implementation

March 2, 2026

Stakeholders from Anambra State are divided over the performance of Chukwuma Soludo as he prepares to begin a second term in office, with some praising his long-term development vision and others criticising what they describe as uneven project distribution. Bartholomew Igwilo, a

Why President Tinubu Rejected Me As Ministerial Nominee – El-Rufai

News·Top Stories

El-Rufai Family Accuses ICPC of ‘Phantom’ Wiretap Claims, Alleges Forged Search Warrant

March 2, 2026

The family of former Kaduna State governor, Nasir Ahmad El-Rufai, has issued a strongly worded statement denying allegations by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) that surveillance devices were recovered from his Abuja residence, Prime Business Africa Reports.

News·Oil & Gas·Top Stories

Nigeria Orders NNPC to Halt 60% Deductions from PSC Profit Oil as Executive Order 9 Takes Effect

March 2, 2026

The Federal Ministry of Finance has announced the commencement of the implementation of Executive Order 9 of 2026, aimed at safeguarding petroleum revenues and strengthening the management of oil and gas income accruing to the Federation, Prime Business Africa Reports. At its

News·Politics·Top Stories

2027 Polls: INEC Promises Reforms as Political Parties Begin Digital Registration

March 2, 2026

The Independent National Electoral Commission (INEC) has reiterated its commitment to credible elections as the country gears up for the 2027 polls, while political parties begin nationwide digital membership drives under the new Electoral Act 2026. INEC Chairman Amupitan acknowledged that while

News·Oil & Gas·Top Stories·World News

Iran Strikes Gulf Oil Facilities, Putting Global Markets on Edge

March 2, 2026

Smoke and flames streaked the Gulf skies as Iranian missiles and drones struck oil terminals, ports, airports, and hotels across Saudi Arabia, UAE, Bahrain, Qatar, Oman, Iraq, and Jordan. In Dubai, the Fairmont Hotel burned as residents fled; in Saudi Arabia, the

News·Nigeria·Top Stories

Private Schools Warn Students May Miss WASSCE Over New Registration Rules

March 2, 2026

Private school proprietors in Ogun State have warned that a majority of their final-year students could miss this year’s West African Senior School Certificate Examination (WASSCE) over what they describe as strict new state requirements for registration. School owners, who asked not

News·Top Stories

ICPC Seizes Alleged Wiretapping Devices from El-Rufai’s Abuja Home, Seeks to Extend Detention

March 2, 2026

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has retrieved devices reportedly capable of intercepting conversations and accessing sensitive government documents from the Abuja residence of former Kaduna State Governor Nasir El-Rufai. The agency said the search, conducted on Aso

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