Prime Business Africa

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Politics, Propaganda, The Fight Over The 76 Oil Wells

February 22, 2026

By ETIM ETIM Gov. Bassey Otu of Cross River State arrived Margaret Ekpo Airport, Calabar, from an official trip to Abuja last week and addressed a large crowd of APC members and supporters who have been waiting for hours

Business·News·Oil & Gas·Top Stories

Nigerians to Acquire Shares in Dangote Refinery Within Five Months – Dangote

February 22, 2026

by Amanze Chinonye

President of the Dangote Group, Aliko Dangote, has announced plans to open up ownership of the $20 billion Dangote Petroleum Refinery to Nigerians within the next four to five months, in a move that could broaden public participation in one

Over N351.74bn Lost As Deap Capital, Tantalizer Drag Down NGX Market Cap

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

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

Iran Unrest Rekindles as Students Rally Against Leadership, Trump Warns Tehran to Strike ‘Fair Deal’

Student-led protests have erupted across several Iranian cities, with demonstrators chanting “Death to Khamenei” and other anti-government slogans, as U.S. President Donald

Business

Business·News·World News

Musk Projects $500bn Lifetime Tax Bill as Net Worth Climbs to $852bn After SpaceX-xAI Merger

February 21, 2026

Billionaire entrepreneur Elon Musk has said he expects to pay more than $500 billion in taxes over his lifetime, including estate taxes, as his

Business·Top Stories

Official, parallel markets’ FX rates near convergence as gap shrinks to N3

February 20, 2026

On Friday, February 20, the foreign exchange (FX) rate for the United States dollar (USD) in the black market and the official window consolidated,

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

Business·Top Stories

Over N1.22trn Gained As Fidson Healthcare, Jaiz Bank Lift NGX Market Cap

February 20, 2026

Over N1.22 trillion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Friday, February 20, as the bourse’s market

Business·Top Stories

N3.57bn FX Loss, Trading Gain Decline… Why Cornerstone Insurance’s Profit Dropped By 67%

February 20, 2026

In 2025, a 36.92 percent increase in Cornerstone Insurance Plc’s revenue was not enough to stop the company’s net income from crashing by 67.85

Business·News·Top Stories

Unity–Providus Merger: Customers May Face Short-Term Disruptions

February 19, 2026

The proposed merger between Unity Bank Plc and Providus Bank Limited has entered its final stage, with integration activities underway following regulatory approval and

Politics

News·Politics·Top Stories

Tinubu Congratulates APC Winners in FCT, Kano, Rivers, Hails Wike’s Impact

February 22, 2026

President Tinubu has congratulated winners of Saturday’s elections in the Federal Capital Territory (FCT), Kano and Rivers states, describing the successful conduct of the polls as a boost to Nigeria’s democratic culture, Prime Business Africa reports. In a State House press release dated February 22, 2026, and signed by his Special Adviser on Information and Strategy, Bayo Onanuga, the President

News·Nigeria·Politics·Top Stories

How Wike Undermined Smooth Local Council Poll: by HURIWA

February 22, 2026

The Human Rights Writers Association of Nigeria (HURIWA) has condemned FCT Minister

News·Nigeria·Politics·Top Stories

FCT Polls: INEC Allegedly Forgets Original Copy of Result Sheets

February 21, 2026

The Independent National Electoral Commission (INEC) has been accused of failing to

News·Nigeria·Politics·Top Stories

Delayed Start, Low Turnout Mark Early Hours of Abuja Council Polls

February 21, 2026

Voting in parts of Nigeria’s capital, Abuja, got off to a slow

News·Nigeria·Politics·Top Stories

Over 1.58 Million Voter Cards Collected Ahead of FCT Council Elections

February 20, 2026

The Independent National Electoral Commission (INEC) says more than 1.58 million Permanent

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

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

MTN Shareholders, Karl Toriola Lose N581.57bn Within Three Days

Business·News·Technology·Top Stories

Nigeria Reviews MTN Group’s Acquisition of IHS Towers Over Sector Impact

February 17, 2026

The Federal Government has said it will undertake a comprehensive assessment of the reported acquisition of IHS Towers by MTN Group, citing the strategic

News·Technology·Top Stories·World News

Russia Cuts Off WhatsApp Access in Sweeping Push for State-Controlled Messaging Platform

February 12, 2026

WhatsApp says the Russian government has moved to “fully block” its encrypted messaging service across the country, in what appears to be a coordinated

Sport

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 reaction within Nigeria’s sporting community was immediate and emotionally charged. For some, it was a painful symbol of declining national loyalty. For others, it was a predictable consequence of systemic administrative failures. But beyond the public outrage lies a deeper institutional question: are Nigeria’s elite athletes leaving because

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

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

Markets

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,

Business·Markets·News·Nigeria·Top Stories

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

February 17, 2026

The Anambra State Government has sealed dozens of shops at two major markets in Idemili North council area after traders failed to open for

‘CBN’s Interest Rate Remains High, Choking Businesses’

Business·Insights·Markets·Opinion

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

February 17, 2026

The main fears and warnings of critics of the actions of Anambra governor, Professor Chukwuma Soludo about sit-at-home and closure of the Onitsha Main

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

Latest

Opinion

Politics, Propaganda, The Fight Over The 76 Oil Wells

February 22, 2026

By ETIM ETIM Gov. Bassey Otu of Cross River State arrived Margaret Ekpo Airport, Calabar, from an official trip to Abuja last week and addressed a large crowd of APC members and supporters who have been waiting for hours for him.

Business·News·Oil & Gas·Top Stories

Nigerians to Acquire Shares in Dangote Refinery Within Five Months – Dangote

February 22, 2026

President of the Dangote Group, Aliko Dangote, has announced plans to open up ownership of the $20 billion Dangote Petroleum Refinery to Nigerians within the next four to five months, in a move that could broaden public participation in one of Africa’s

News·Politics·Top Stories

Tinubu Congratulates APC Winners in FCT, Kano, Rivers, Hails Wike’s Impact

February 22, 2026

President Tinubu has congratulated winners of Saturday’s elections in the Federal Capital Territory (FCT), Kano and Rivers states, describing the successful conduct of the polls as a boost to Nigeria’s democratic culture, Prime Business Africa reports. In a State House press release

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. The offer, which sought to raise funds for expansion and debt restructuring, failed to meet the minimum threshold

News·Top Stories·World News

Iran Unrest Rekindles as Students Rally Against Leadership, Trump Warns Tehran to Strike ‘Fair Deal’

February 22, 2026

Student-led protests have erupted across several Iranian cities, with demonstrators chanting “Death to Khamenei” and other anti-government slogans, as U.S. President Donald Trump urged Tehran’s leaders to negotiate what he described as a “fair deal” and sharply criticized the country’s human rights

News·Nigeria·Politics·Top Stories

How Wike Undermined Smooth Local Council Poll: by HURIWA

February 22, 2026

The Human Rights Writers Association of Nigeria (HURIWA) has condemned FCT Minister Nyesom Wike’s actions, which allegedly undermined Saturday’s local council polls in Abuja. HURIWA expressed concern that President Bola Ahmed Tinubu seems unable to control his minister, allowing Wike to allegedly

News·Top Stories

Why Court of Appeal Slams ‘Corrupt’ Judicial Appointment Process in Abia State

February 22, 2026

A recent Court of Appeal ruling has slammed the brakes on the corrupt judicial appointment process in Abia State, awarding N3 million in costs against two candidates who attempted to stall the recruitment of new judges. The case, which has dragged on

Opinion·Top Stories

It’s Time to Save Judicial Appointments from Corruption

February 21, 2026

By Chidi Anselm Odinkalu For nearly five years, Abia State has been the site of a bewildering contest over the crisis of corruption that now bedevils Nigeria’s judicial appointment process. Essentially, the appointment of judges in Nigeria has become something akin to

News·Oil & Gas·Top Stories

NNPC, Dangote Refinery Deepen Strategic Alliance to Boost Energy Security

February 21, 2026

The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, has reaffirmed the national oil company’s commitment to strengthening its operational and commercial relationship with the Dangote Refinery following a high-level visit to the facility in Ibeju-Lekki, Lagos State. Ojulari led

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