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Finance & Economy·News·Nigeria·Top Stories

Lagos Leads Nigerian States, FCT with ₦1.77trn IGR in 2025

September 24, 2026

Nigeria’s 36 states and the Federal Capital Territory generated a combined ₦5.15 trillion in internally generated revenue (IGR) in 2025, up 40.93% from ₦3.65 trillion in 2024, according to the National Bureau of Statistics. Lagos led the 37 jurisdictions with

Africa·Business News·News

Bank of Kigali Joins China Payment Network, Easing Rwanda Trade Settlement

September 24, 2026

by Amanze Chinonye

Bank of Kigali has joined China’s Cross-Border Interbank Payment System (CIPS) as a direct participant, giving Rwandan businesses a more direct channel for renminbi (RMB) payments as trade with China expands. The move makes Bank of Kigali the first bank

PISA 2025: East Asia Tops Global Math Rankings as OECD Scores Fall — What It Means for Africa’s Future Workforce

The world’s future engineers, coders and entrepreneurs are being made — or lost — in secondary school maths classes. The latest PISA

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

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

Business

Africa·Business News·Top Stories

Ghana Faces Reserve Squeeze as GoldBod Halts Gold Exports

September 23, 2026

Ghana’s central bank will prioritise rebuilding foreign exchange reserves as slower gold shipments, a pause in GoldBod exports and a weakening current account put

Business News·Nigeria·Oil & Gas·Top Stories

TotalEnergies, AMNI Approve $600m Ima Gas Project to Boost NLNG Supply

September 23, 2026

TotalEnergies and Nigerian partner AMNI have taken a final investment decision on the $600 million Ima offshore gas project, with production expected to begin

Business News·Nigeria·Top Stories

NCDMB seeks Chinese Investment in Nigeria’s Oil, Gas Equipment Manufacturing

September 23, 2026

Nigeria is seeking Chinese investment in oil and gas equipment manufacturing to expand domestic production, transfer technology and integrate local companies into global supply

Business News·Nigeria·Top Stories

Dangote Expands Machinery Fleet to Accelerate 1.4m-bpd Refinery Target

September 23, 2026

Dangote Industries Limited has expanded its in-house construction fleet to about 6,500 machines with the acquisition of 4,000 additional units as it seeks to

Africa·Business News·News

Kenya Extends VAT Refund wait for Bad Debts to Three Years

September 23, 2026

Kenyan businesses will have to wait three years before applying for a value-added tax refund on qualifying unpaid debts, up from two years, under

Politics

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 law, removing requirements that national elections be preceded by completion of a permanent constitution and a national census. Kiir signed the National Elections Act, 2012, Amendment Bill, 2026, on Monday, Sept. 21 after it was passed by the National Legislative Assembly. Presidential Affairs Minister Africano Mande Gedima said

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

Africa·News·Politics·Top Stories

DR Congo Police Disperse Protests over Proposed Constitutional Changes

September 16, 2026

Police in the Democratic Republic of Congo fired tear gas and warning

News·Nigeria·Politics·Top Stories

Obi Urges UNN to Release Academic Records Amid Legal Dispute

September 15, 2026

Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC) in 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

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

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

Dangote Cement's Revenue Soars, But Production Costs Rise 45% In Tandem

Business News·Insights·Markets·Top Stories

Dangote Revives London Listing Plan for $13bn Cement Empire

May 7, 2026

Aliko Dangote is dusting off a decade-old plan to list his cement business in London, in a move that could give the UK capital

Latest

Finance & Economy·News·Nigeria·Top Stories

Lagos Leads Nigerian States, FCT with ₦1.77trn IGR in 2025

September 24, 2026

Nigeria’s 36 states and the Federal Capital Territory generated a combined ₦5.15 trillion in internally generated revenue (IGR) in 2025, up 40.93% from ₦3.65 trillion in 2024, according to the National Bureau of Statistics. Lagos led the 37 jurisdictions with ₦1.77 trillion,

Africa·Business News·News

Bank of Kigali Joins China Payment Network, Easing Rwanda Trade Settlement

September 24, 2026

Bank of Kigali has joined China’s Cross-Border Interbank Payment System (CIPS) as a direct participant, giving Rwandan businesses a more direct channel for renminbi (RMB) payments as trade with China expands. The move makes Bank of Kigali the first bank in Rwanda

Food, Health, Education, Others Excluded From Proposed VAT Increase – Oyedele

Africa·Finance & Economy·News

Oyedele Urges Global Financing Shift to Unlock Africa’s Infrastructure Investment

September 24, 2026

Nigeria’s Finance Minister Taiwo Oyedele on Wednesday urged the international community to make cheaper, long-term capital more available to African countries, saying high financing costs and currency risks were holding back investment in infrastructure and energy, Prime Business Africa reports. Oyedele

Africa·News·Top Stories

Kenya Destroys KSh8.2 Billion Meth Haul in Blow to illicit Trade

September 24, 2026

Kenyan authorities on Thursday destroyed a methamphetamine consignment valued at about KSh8.2 billion ($63.4 million), removing a high-value shipment from an illicit supply chain operating through the Indian Ocean, Prime Business Africa reports. The 1,036-kg consignment, seized nearly a year ago,

News·Nigeria·Top Stories

Atiku-linked US Lobby Firm Plans $36m Legal Action Against Tinubu, Fani-Kayode

September 24, 2026

A U.S. lobbying firm retained by former Vice-President Atiku Abubakar is preparing a $36 million federal lawsuit against Nigerian President Bola Tinubu and former Aviation Minister Femi Fani-Kayode over alleged threats against its principal, Karl Von Batten. Von Batten-Montague-York said on

I Was Saved To Make America Great Again, Trumps Says At Inauguration

Judge Orders White House to Restore Access for CNN, MS NOW and Politico

September 24, 2026

A federal judge has ordered the Trump administration to restore White House press access for reporters from CNN, MS NOW and Politico, temporarily blocking the administration’s decision to exclude the three news organisations. U.S. District Judge Timothy Kelly issued a 14-day

Africa·Business News·Top Stories

Ghana Faces Reserve Squeeze as GoldBod Halts Gold Exports

September 23, 2026

Ghana’s central bank will prioritise rebuilding foreign exchange reserves as slower gold shipments, a pause in GoldBod exports and a weakening current account put pressure on the country’s external position, The Governor of Bank of Ghana, Dr Johnson Asiama said on Wednesday.

Business News·Nigeria·Oil & Gas·Top Stories

TotalEnergies, AMNI Approve $600m Ima Gas Project to Boost NLNG Supply

September 23, 2026

TotalEnergies and Nigerian partner AMNI have taken a final investment decision on the $600 million Ima offshore gas project, with production expected to begin in 2028 at a rate of 350 million cubic feet per day, TotalEnergies said on Wednesday. The

Business News·Nigeria·Top Stories

NCDMB seeks Chinese Investment in Nigeria’s Oil, Gas Equipment Manufacturing

September 23, 2026

Nigeria is seeking Chinese investment in oil and gas equipment manufacturing to expand domestic production, transfer technology and integrate local companies into global supply chains, the Nigerian Content Development and Monitoring Board (NCDMB) said, Prime Business Africa reports. The board held

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