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    Home»Author: Prima News (Page 118)

    Author: Prima News

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    Fubara-Wike Clash, States Cut Spending

    By Prima NewsMay 11, 2026

    Political tensions ahead of the 2027 elections dominated Monday’s headlines as the rivalry between supporters of Rivers State Governor, Siminalayi Fubara, and FCT Minister, Nyesom Wike, resurfaced during the APC governorship screening process. Meanwhile, concerns grew over governance and development after reports showed that capital expenditure by state governments dropped sharply amid rising political activities linked to the 2027 elections. In the education sector, the Federal Government introduced mandatory drug integrity tests for secondary school students as part of efforts to combat substance abuse among youths. Elsewhere, a university in Kogi State expelled four students over alleged lesbianism and cyber-related…

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    CBN Warns States Against Excessive Borrowing Amid Inflation Targeting Push

    By Prima NewsMay 11, 2026

    The Central Bank of Nigeria (CBN) has cautioned state governments against excessive dependence on overdrafts and short-term debt facilities as the apex bank intensifies preparations for a transition toward an inflation-targeting monetary policy framework. The warning was issued during an engagement between the CBN and sub-national officials coordinated through the Nigerian Governors’ Forum in Abuja. Speaking during the session, the Deputy Governor in charge of Economic Policy, Dr. Muhammad Abdullahi, said fiscal discipline at the state level would become increasingly important under the proposed inflation-targeting regime. According to him, uncontrolled borrowing, weak budget implementation and unpredictable spending patterns could weaken…

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    11 die as vehicle plunges off Ogun bridge

    By Prima NewsMay 11, 2026

    The Federal Road Safety Corps (FRSC), Ogun Command, says no fewer than 11 persons lost their lives in a lone accident on Eruku Bridge along the Lagos-Abeokuta expressway on Sunday. The Sector Commander, Oludare Ogunjobi, disclosed this in a statement issued on Monday in Abeokuta by the command’s Public Education Officer, Mr Odunsi Afolabi. Ogunjobi said the fatal accident occurred on Sunday night, involving a gold Toyota vehicle with registration number GGE 722 KJ. According to him, the vehicle somersaulted and plunged off the bridge, trapping all the occupants inside as the doors reportedly locked. He said personnel from the…

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    AIICO, Fidelity, May & Baker top stock pick this week

    By Prima NewsMay 11, 2026

    Nigerian stocks advanced further last week, adding 1 per cent on the back of increased demand for Industrial Goods shares. The benchmark equity interest has returned 57.3 per cent, barely four months into the year, highlighting a robust investor confidence in the market. “Investor positioning is likely to remain tilted towards fundamentally strong and liquid names, particularly as Q1:2026 earnings releases continue to shape sentiment across sectors,” analysts at Meristem Securities said in their outlook for the week. “Dividend considerations are also expected to remain a key driver of flows,” they added. PREMIUM TIMES has assembled some stocks with sound…

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    Man Utd agree personal terms with Brazilian midfielder

    By Prima NewsMay 11, 2026

    News » Premier League news » Manchester United newsMay 10, 2026 21:30 GMT (UK), by Sri Aswin View Man Utd summer 2026 transfer targets Ederson to Man Utd very soon? Manchester United have agreed personal terms with Atalanta midfielder Ederson ahead of the summer transfer window, according to journalist Sebastien Vidal. The Red Devils are expected to bolster their midfield department this summer with the prospect of multiple exits. Casemiro will depart when his contract expires at the end of June.Manuel Ugarte could also be shown the exit door amid inconsistent displays. Ederson is one of the top targets for United, and Vidal claims…

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    My husband faced impotence rumours

    By Prima NewsMay 11, 2026

    Nigerian influencer and entrepreneur Priscilla Ojo has revealed that her husband, Tanzanian singer Juma Jux, was previously rumoured to be impotent in his country because he had no child at the age of 35 despite his fame and wealth. Priscilla disclosed this during an interview with media personality Chude Jideonwo which was shared on Instagram on Saturday, while recounting the challenges they faced before welcoming their first child in August 2025. According to her, many people in Tanzania questioned why Juma Jux did not have children like many of his friends and colleagues in the entertainment industry, especially considering his…

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    Student Blinded By Dad’s Belt After Childhood Eye Injury

    By Prima NewsMay 10, 2026

    Twenty-year-old Esther Oriyomi tells GRACE EDEMA how she lost her left eye as a child after she was injured while being flogged by her father with a belt, and how her parents failed to seek proper medical treatment early enough to prevent the experience she currently faces. Could you introduce yourself? I’m from Ondo State. Ondo is my hometown. I’m currently 20 years old. I’m a student of the Federal University, Oye-Ekiti, in Ekiti State. I’m in 100-level in the Department of English and Literary Studies, Faculty of Arts. I reside in Lagos. My mum is late, but my dad…

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    Resolving Nigeria’s industrial constraints for growth

    By Prima NewsMay 10, 2026

    The 2025 REX Index of Industrial Development in Africa, released recently by Business Council for Africa, affirmed that Nigeria is not one of the African countries with structural conditions for industrialisation. According to The PUNCH report, Egypt, Mauritius, Morocco, and South Africa are ready structurally to sustain high-growth industrialisation. Albeit, as usual, the potential is there. Nigeria is always about potential that is rarely realisable. But Nigeria needs rapid industrialisation for a drastic reduction in the current level of unemployment. Every year, the country’s tertiary institutions turn out hundreds of graduates who are saved from unemployment for one year when…

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    PAFON 3.0: Agency Banking Holds Key to Reaching Millions of Unbanked Nigerians – AMMBAN | Tech | Business

    By Prima NewsMay 10, 2026

    The National President of the Association of Mobile Money and Bank Agents in Nigeria, Dr. Obioha Oti, has described agency banking as Nigeria’s most critical last-mile channel for achieving meaningful financial inclusion. The AMMBAN national president stressed that millions of Nigerians, particularly in rural and underserved communities, remain financially excluded despite notable progress in the sector. Speaking at the third edition of the Payments Forum Nigeria (PAFON 3.0), themed “Fair Digital Payments as a Catalyst for Deepening Financial Inclusion in Nigeria,” Oti, represented by Alhaji Yusuf Adeyemo, vice president of the Association of Mobile Money and Bank Agents in Nigeria…

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    Reno Omokri shares video of encounter with Peter Obi in Abuj

    By Prima NewsMay 10, 2026

    Nigeria’s ambassador-designate to Mexico, Reno Omokri, has released a video showing him exchanging pleasantries with former Anambra State Governor, Peter Obi, at Nnamdi Azikiwe International Airport, Abuja. Omokri, a prominent supporter of President Bola Tinubu, is known online for criticising the 2023 Labour Party presidential candidate. In a 35-second video posted on his X handle on Sunday, he approaches Obi, who is standing near a seating area with luggage and accompanied by others. The former presidential aide calls out, “Mr. Obi!” before the two men shake hands. Omokri, dressed in a green traditional outfit with a matching cap, briefly places…

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