Author: Prima News

Nigeria’s export segment opened 2026 on a stronger footing with outbound trade approaching the $1 billion mark in the first quarter (Q1) as shipping activity and cargo throughput expanded across key ports. Official data indicate export receipts reached $925.84 million in Q1, a significant improvement compared to the same period last year. The expansion was accompanied by a sharp rise in cargo movement with export container traffic climbing to 19,014 units, nearly doubling from the prior year’s level. The acceleration in shipments points to improved coordination across logistics chains, including port handling, documentation processes and cargo evacuation. Market participants say…

The Lagos State Special Offences Court in Ikeja has admitted key extra-judicial statements made by Henry Omoile, a co-defendant in the joint trial he is facing alongside former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. In a ruling delivered on Monday by Judge Rahman Oshodi following a trial-within-trial. the court held that statements made by Mr Omoile on 26 February 2024 were voluntary and therefore admissible as evidence. However, Mr Oshodi rejected another set of statements dated 27 February 2024, ruling that they did not comply with the law because they were neither made in the presence of a…

Work that opens provision gates includes: Hard work Smart work Excellent work Enduring work Eternal work Collaborative work Why Many Miss It Some believers cling to prayer while neglecting skill. Others master principles while disregarding spiritual authority. Both positions limit access. Non‑Negotiable Steps to Open Provision Gates Identify divine calling accurately Work strategically and creatively Maintain excellence Build intelligent networks Ensure sustainability Pray daily over finances Seek divine guidance before major investments Pray for favour Sow under the direction of the Holy Spirit (Widow of Zarephath) Act boldly, prayer unlocks gates; action opens them. One of the gates every child…

Liverpool defender Virgil van Dijk has described this season as “unacceptable” following their latest defeat to Manchester United, admitting the club has fallen far below its usual standards. The Reds slumped to their 18th loss in all competitions after a 3-2 defeat at Old Trafford, piling more pressure on Arne Slot’s side during a disappointing title defence. As reported by BBC Sport on Monday, the Liverpool skipper was quoted as saying, “I’m not here to make excuses,” Van Dijk said. “It’s been a very disappointing season, an unacceptable season, and it’s tough. We shouldn’t feel sorry for ourselves whatsoever.” The…

Grammy-nominated singer Davido has apologised to fans after failing to appear at a scheduled performance in Lagos, blaming the development on difficulties in sourcing aviation fuel. The artiste, whose real name is David Adeleke, was billed to headline a performance alongside Zlatan Ibile at a popular club, Secret Place, in Ikate Elegushi on Sunday as part of its fifth anniversary celebration. However, Davido did not show up, prompting reactions from fans who had gathered for the event. In a post shared afterwards on his Instagram story on Monday, the singer explained that logistical challenges linked to fuel shortages disrupted his…

The strain on food, fuel and aid systems worldwide continues as the Middle East crisis deepens. Rising oil prices, supply disruptions and mounting transport costs are affecting humanitarian operations and access to essential goods far beyond the region. Stay with us this Friday for live updates. Source link

I got to Abeokuta on Thursday, April 30, to prepare for what fans dubbed the double celebration of the former First Lady of Ogun State, Mrs Olufunso Amosun. She clocked 60 on May 2, 2026 and was, on the same day installed as Yeye Moremi Oodua by the Ooni of Ife, Oba Adeyeye Ogunwusi (Ojaja II). It was a weekend packed with many competing work-related tasks, at home and abroad, but I was not going to miss out on the opportunity of witnessing the big day of our pretty, respectful, supportive and amiable wife, in whom we, in Egbaland, are…

National Information Technology Development Agency Director-General Kashifu Abdullahi said Nigeria is pushing for deeper collaboration among African countries to strengthen the continent’s role in artificial intelligence infrastructure, warning that Africa risks remaining dependent on foreign technology platforms if it fails to build its own cloud and compute capacity. Speaking during an interview at GITEX Africa in Marrakech, Morocco, Abdullahi said discussions at this year’s event focused heavily on how African countries can work together to develop shared digital infrastructure and improve digital sovereignty. “Africa has one of the youngest populations in the world and one of the fastest-growing digital economy…

From a pastor’s emotional appeal over a key Abuja recreational space to rising geopolitical tension in the Strait of Hormuz, and from major political realignments ahead of 2027 to evacuation plans for Nigerians in South Africa and corporate rebuttals in Nigeria’s business space, today’s headlines cut across governance, security, diplomacy and the economy. While Pastor Sarah Omakwu urged authorities to preserve public land in the FCT, Iran cautioned against US maritime moves, as opposition figures reshaped alliances. Meanwhile, evacuation efforts intensified amid xenophobic tensions abroad, and Dangote Group addressed circulating claims about its leadership. Here’s your complete morning roundup: 1.…

Access Holdings Plc reported a profit after tax of ₦216.54 billion for the first quarter ended March 31, 2026, representing an 18.5 percent increase from ₦182.75 billion recorded in the corresponding period of 2025 as stronger non-interest income and lower funding costs offset rising credit risk. The results come shortly after the Group released its delayed 2025 audited financial statements, placing additional scrutiny on the sustainability and quality of earnings in the current financial year. Interest income declined to ₦824.75 billion from ₦964.57 billion in Q1 2025 on lower yields or reduced earning asset base. However, interest income on financial…