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    Home»Author: Prima News (Page 114)

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    Nollywood stars mourn the death of actor Alex Ekubo

    By Prima NewsMay 12, 2026

    The Nigerian entertainment industry has been plunged into a state of grief following the news of the death of actor Alex Ekubo, fondly called “Ikuku.” As news of his death spread, a wave of tributes took over social media on Tuesday, especially Instagram and X, with colleagues describing him as a man of kindness and grace. Actress and filmmaker Omoni Oboli, who described the late actor as her “bestie,” wrote on Instagram, ” I’m so upset! Who will help me fight death? This is too much! How are we supposed to move on? How do we say goodbye? I’m devastated.…

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    Nuclear energy in the Middle East: A realistic choice or a risk?

    By Prima NewsMay 12, 2026

    “Nuclear energy is at the intersection of energy demands, technological innovation, and the evolving security landscape. This creates a huge opportunity,” says Shota Kamishima, Senior Coordination Officer at the International Atomic Energy Agency (IAEA). Sustainable supply“When developed properly, nuclear energy can support sustainable development, enhance energy resilience, and even serve as a platform for regional cooperation.”The revival of this power source, which took a hit after the 2011 Fukushima nuclear accident, was demonstrated at the 2023 UN Climate Change Conference, where nuclear energy was officially recognized as a low-emission technology whose promotion must be accelerated. 33 countries supported the goal of tripling…

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    Insights from the NAEE Conference

    By Prima NewsMay 12, 2026

    I attended the recently concluded 19th edition of the Nigerian Association for Energy Economics Conference, which took place from April 26 to 29, 2026, at the Civic Centre, Lagos. Unfortunately, I was unable to participate in the 18th edition, which took place at the PTDF Conference Auditorium, Central Business District, Abuja, where I was scheduled to present a paper titled “Seventeen International Banks’ Withdrawal from the Net-Zero Banking Alliance: Implications for Energy Transition in Africa”. At this year’s conference, themed “Evolution of Future Energy Mix in Africa: The Role of Technology, Economics, and Public Policy”, I was also billed to…

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    Exaforce raises $125M Series B to build AI for catching and stopping cyberattacks as they happen

    By Prima NewsMay 12, 2026

    As bad actors weaponize AI to exploit software vulnerabilities at unprecedented speed, companies are increasingly recognizing the need to bolster their cybersecurity defenses. Fortunately, those very AI tools are also helping businesses fight back. The need for such capabilities has helped Exaforce, an AI startup that detects and thwarts attacks in real time, secure a $125 million Series B. The round valued the three-year-old startup at $725 million, and saw participation from HarbourVest, Peak XV, Mayfield, Khosla Ventures, and Seligman Ventures. The massive funding round comes just a year after Exaforce raised a $75 million Series A, bringing its total…

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    Nigeria ranks 3rd globally for students studying abroad

    By Prima NewsMay 12, 2026

    Nigeria has emerged as the third-largest source of international students globally, accounting for five per cent of the world’s outbound student mobility in 2023. The United Nations Educational, Scientific and Cultural Organisation revealed this in its first Higher Education Global Trends Report released on Tuesday. Outbound student mobility in the study refers to where international students come from. The report shows that nearly half of all students studying abroad in 2023 originated from just 10 countries. China and India continue to dominate global outbound mobility, contributing 37 per cent and 29 per cent of international students respectively. At the third…

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    Nigeria’s New Remittance Policy: Impact on FX Liquidity

    By Prima NewsMay 12, 2026

    The Chief Executive Officer of 91 Payments, Pelumi Esho, a licensed International Money Transfer Operator, spoke with FELIX OLOYEDE about the Central Bank of Nigeria’s recent directive requiring IMTOs to settle remittance transactions in naira It is widely expected that the Central Bank of Nigeria’s directive mandating IMTOs to settle remittances in naira will enhance transparency and strengthen foreign exchange liquidity. From your experience so far, how has this policy worked in practice, and how achievable do you think that outcome is? The CBN’s directive for IMTOs to settle remittances in naira is a highly positive step for market transparency,…

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    FG shifts Eko Bridge closure to May 19

    By Prima NewsMay 12, 2026

    The Federal Road Safety Corps (FRSC), Lagos State Sector Command, says the temporary closure of Eko Bridge for rehabilitation works had been shifted to 12:00 midnight on Tuesday, May 19. The Sector Commander, Lagos, Corps Commander Kehinde Hamzat, said this in a statement on Tuesday. Hamzat said the date was rescheduled from 12:00 midnight of Tuesday, May 11, to May 19. Hamzat said the decision was reached during a strategic meeting where implementation modalities and public safety considerations were jointly reviewed between FRSC and the Federal Controller of Works, Mr Olufemi Dare. “I wish to inform the motoring public of…

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    Wike visits APC national chairman as Fubara’s fate hangs

    By Prima NewsMay 12, 2026

    Minister of the Federal Capital Territory, FCT, Nyesom Wike on Tuesday visited the All Progressives Congress, APC, National Chairman, Prof. Nentawe Yilwatda Goshwe, at his residence in Abuja. Although the details of the meeting are currently not available, it may not be unconnected to the political events unfolding in Rivers State. DAILY POST reports that Governor Siminalayi Fubara’s loyalists aspiring for the Rivers State House of Assembly were disqualified by the screening committee. The development signaled the renewal of the face-off between Fubara and Wike, his predecessor. There are speculations that the governor may also be disqualified from pursuing his re-election under…

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    19 UCL Qualified Teams Confirmed for the 2026/27 Season

    By Prima NewsMay 12, 2026

    Nineteen teams, including Manchester United, have secured qualification for the 2026/27 UEFA Champions League league phase, PUNCH Online reports. United booked their return to Europe’s premier club competition with a 3-2 victory over Liverpool at Old Trafford earlier this month. The result guaranteed a top-five finish in the Premier League, ensuring qualification alongside Arsenal and Manchester City, with at least two more English clubs expected to join them. With most major European leagues concluding over the next two weekends ahead of the FIFA World Cup, 19 of the 36 teams for the league phase are already known. The list was…

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    Genevieve Nnaji Returns in New BBC Thriller Series ‘Wahala’

    By Prima NewsMay 12, 2026

    Nollywood actress and filmmaker Genevieve Nnaji is set to make her return to the screen in Wahala, a new drama series produced by BBC Studios. The six-part thriller, adapted from Wahala by BAFTA-nominated writer Theresa Ikoko, will stream on BBC iPlayer and air on BBC One. BBC announced the casting on Tuesday, revealing a female-led cast featuring Adelayo Adedayo, Deborah Ayorinde, Cush Jumbo and Susan Wokoma alongside Nnaji. Based on Nikki May’s debut novel, the series follows four Nigerian-British women navigating friendship, careers, love and family in present-day London, while confronting dark secrets from their past. The story centres on…

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