Author: Prima News

The Central Bank of Nigeria’s new naira settlement rule for diaspora remittances marks a notable shift in policy, with implications for recipients, foreign exchange flows, and market operations, JUSTICE OKAMGBA writes The Central Bank of Nigeria recently unveiled a sweeping policy that is set to reshape how diaspora remittances are received in the country, marking a decisive shift from decades of dollar-denominated payouts to a naira-based system. Under the new directive, all international money transfer operators are required to open naira settlement accounts and channel all remittance inflows through these accounts. Beginning May 1, recipients of funds sent from abroad…

Young Jonn at the weekend delivered a standout performance at the THISDAY Dome in Abuja, underlining his evolution from hitmaking producer to commanding stage act. The show, organised by Apitainment, saw the Chocolate City Music signee take full control of the night after early supporting performances. By the time he stepped on stage in the early hours of Monday, the atmosphere had shifted completely, with a charged crowd lighting up the venue and singing along to his biggest records. Blending smooth vocals with confident stage presence, Young Jonn ran through a set that traced his journey into the spotlight, keeping…

Katsina State, on Wednesday, recorded a new case of Lassa fever, bringing the total of reported cases to three, with two deaths in the state recently. A Consultant in Infectious Diseases at the Federal Teaching Hospital Katsina, Mohammed Abubakar, confirmed this in an interview with our Correspondent in Katsina. Abubakar said, “As I’m talking to you now, in Katsina State, three cases have been confirmed. Two died. One was from Kafur, the other one was from Funtua. “The third case is currently with us here in this isolation centre. As we’re having this interview, she’s recuperating well.” He said the…

An Israeli strike on an apartment east of Beirut late on Sunday killed a local official ​from a Christian political party, sharpening internal divides over Hezbollah as Israel’s strikes expand to new parts of the ‌country. The war raging in Lebanon over the past month has deepened fractures between supporters of Hezbollah and those who blame the Iran-backed group for igniting a new conflict with Israel just 15 months after the last one. On Sunday, an Israeli strike hit an apartment in Ain Saadeh, a predominantly Christian town in the hills east ​of Beirut, killing a man and two women, Lebanon’s health…

Spain’s ruling Socialist ​Party has gained voter support amid Prime Minister Pedro Sanchez’s staunch opposition ‌to the U.S.-Israeli war on Iran, while far-right Vox, which supports the offensive, has seen a decline, two surveys published on Monday showed. Sanchez has emerged as one of the most vocal Western leaders criticising ​what he calls an illegal and reckless war, closing Spanish airspace to U.S. planes ​involved in the strikes and banning them from using jointly operated military ⁠bases in southern Spain. Vox – closely allied with U.S. President Donald Trump’s MAGA movement – has ​harshly criticised Sanchez’s stance. A survey by state pollster CIS showed last month…

The head of the intelligence organisation of Iran’s ​elite Islamic Revolutionary Guard Corps ‌was killed on Monday in a “terrorist attack by the American-Zionist (Israeli) enemy”, ​Iranian media said, citing a ​statement by the Guards. Majid Khademi, ⁠who becomes the latest key ​figure killed in U.S.-Israeli air strikes, ​took over in 2025 after Israeli air strikes killed his predecessor. He spent decades ​in intelligence and counter-espionage roles ​while rising through Iran’s security apparatus. Before his ‌appointment, ⁠Khademi headed the Guards’ Intelligence Protection Organisation, charged with internal surveillance and counter-intelligence, and held ​senior roles ​in ⁠Iran’s defence ministry. The IRGC intelligence arm is…

Chelsea have reached an agreement over personal terms with midfielder Valentin Barco ahead of a potential move from Strasbourg this summer. The Blues are expected to reshuffle their midfield options at the end of the season. Enzo Fernandez is pushing for a summer exit and his wish could be granted for the right price. Similarly, Romeo Lavia could be shown the exit door too. The Belgian has suffered numerous injuries during his time at Chelsea, and the club could cut their losses on him. Amidst this, Fabrizio Romano claims that Barco has agreed on personal terms and talks are underway…

Nollywood actress, Lilian Afegbai, popularly known as Lily Afe, has apologised to the organisers of the Africa Magic Viewers’ Choice Award over her crash after not being nominated in the 12th edition of the awards. In a post she made on her X (formerly Twitter) page on Saturday, the actress said her apology should have come earlier and her previous tweet should not have been made. She wrote, “This apology should have come earlier, That tweet should not have happened. No excuse. “It was disrespectful to AMVCA, the nominees, my To Kill A Monkey family, and all of you who…

As Hungary heads towards a pivotal election, voters who came of age under Prime Minister Viktor ​Orban have emerged as a key group driving support for the opposition, with some saying they will leave the country if the veteran leader is ‌re-elected. Orban, 62, a eurosceptic nationalist, is facing the biggest threat to his 16-year grip on power, with most opinion polls showing centre-right rival Peter Magyar and his Tisza Party on course to defeat him in Sunday’s election. The media-savvy Magyar, 45, is proving an attractive alternative for many younger voters disenchanted with Orban’s right-wing Fidesz party, sociologists and pollsters say. “Fidesz’s thinking no longer…

The four astronauts of NASA’s Artemis II mission entered the moon’s gravitational sphere of influence early Monday morning as they cruised along a path that will soon ​take them over the shadowed, lunar far side to become the farthest-flying humans in history. The ‌Artemis II crew, flying in their Orion capsule since launching from Florida last week, are due to awake around 10:50 a.m. ET Monday for their sixth flight day. By 7:05 p.m., they will reach the mission’s maximum distance from ​Earth of roughly 252,757 miles, 4,102 miles beyond the record held by the Apollo 13 ​crew for 56…