Author: Prima News
The senator representing Borno Central Senatorial District, Kaka Lawan, has withdrawn from the state governorship race, backing his main rival, Mustapha Gubio, the candidate anointed by Borno State Governor, Babagana Zulum. The decision, according to a statement on Thursday by the senator’s legislative assistant, Usman Alkali, was taken during a meeting of stakeholders in Abuja, where it was jointly agreed that Lawan should step down for Gubio. According to him, the senator, following the meeting’s resolution, is expected to retain his seat in the Senate. The statement reads, “At a stakeholders’ meeting chaired by Vice President Kashim Shettima on Thursday…
Fidelity Bank has announced the retirement of Morohunke Bammeke following the completion of her tenure as an independent non-Executive director of the bank on 30 April. The bank disclosed this in a statement signed by its secretary, Ezinwa Unuigboje, and posted on NGX Group on Thursday, noting its alignment with the bank’s policy. “Fidelity Bank PIc hereby notifies NGX Regulation Limited (NGX) and the General Public of the following development on its Board of Directors. “Mrs Morohunke Bammeke, Independent-Non-Executive Director, will complete her tenure and step down from the Board of Directors of the Bank on April 30, 2026. The…
News » Premier League news » Arsenal newsApril 30, 2026 20:39 GMT (UK), by Sri Aswin View Arsenal summer 2026 transfer targets Odegaard injured again? Arsenal have suffered a big injury blow ahead of the Premier League clash against Fulham at the Emirates Stadium this weekend, according to The Sun. The Gunners have picked up several untimely injuries in the ongoing campaign, and it appears Martin Odegaard could be doubtful for the London derby on Saturday evening.The club captain has sustained multiple knee niggles this year. He picked up another during the 1-1 draw against Atletico in the first leg of the Champions League…
R&B singer D4vd used chainsaws he bought from Amazon to cut up the body of the teenage girl he murdered and left to rot in the trunk of his Tesla, prosecution documents claimed Wednesday. The internet breakout star killed Celeste Rivas Hernandez because she threatened to reveal their long-standing and illegal sexual relationship, which began when she was just 13, charging papers allege. He then hacked up her corpse, using a plastic paddling pool to contain the blood, and stuffed it into bags that he left in his car on the streets of the swanky Hollywood Hills neighbourhood, before leaving…
Hormuz crisis strangling global economy, Guterres warns, demanding solutions to end stalemate
António Guterres decried the restrictions on free passage through the crucial chokepoint which is “impeding the delivery of oil, gas, fertilizer, and other critical commodities” and “strangling the global economy.”Setting out three possible trajectories, he said that even if restrictions on shipping and trade were lifted immediately, “supply chains will take months to recover,” with global growth falling from 3.4 to 3.1 per cent, inflation rising to 4.4 per cent and trade slowing sharply.“And a world still reeling from the shocks of a pandemic and the war in Ukraine will endure further economic distress. This is the best-case scenario,” he…
My thesis in this piece is that Nigeria urgently needs a developmental state and a renegotiated terms of engagement with development partners (especially with such multilateral institutions like the World Bank and IMF, while deploying economic diplomacy with bilateral institutions) in a measure that significantly enables the government to wade through the binding constraints and developmental limitations obstructing the benefits of democratic governance for Nigerians. To achieve this demand significant dose of political will, ideological focus, and theoretical as well as conceptual analyses and nuancing to get the discourse right. I hope this piece will further contribute to that attempt…
While global headlines focus on Bitcoin volatility or NFT speculation, something practical and transformative is happening across the continent: stablecoins are solving real problems that traditional financial infrastructure cannot. Stablecoins accounted for 43% of total cryptocurrency transaction volume in sub-Saharan Africa in 2024. Nigeria emerged as the largest market, recording nearly $22 billion in transactions between July 2023 and June 2024. This isn’t speculative trading, it’s businesses using USDT and USDC for cross-border payments, individuals storing value, and developers building financial services on stablecoin infrastructure. Here are eight use cases for stablecoin infrastructure and how they can reshape African finance.…
The 2023 presidential candidate of the African Democratic Congress, Dumebi Kachikwu, on Thursday maintained that the Supreme Court did not recognise or endorse any faction in the lingering leadership crisis rocking the party. Kachikwu made the clarification in a statement made available to journalists in the wake of the apex court’s verdict. The ADC chieftain stressed that the decision to return parties to the trial court showed that the judiciary refused to be drawn into what he described as attempts to destabilise the party. He explained that by vacating the order of status quo ante bellum, the court merely allowed…
FCMB Group Plc has announced a delay in the release of its Q1 2026 unaudited financial statements, citing pending regulatory approval of its 2025 audited accounts by the Central Bank of Nigeria. In a notice to the Nigerian Exchange Limited and investors, the group stated that it cannot publish its first-quarter results until the 2025 audited financial statements are approved and filed as required under regulatory guidelines. While the company indicated that both the 2025 audited results and Q1 2026 statements are expected on or before May 31, 2026, the development raises concerns around regulatory clearance timelines and financial transparency.…
The governors-backed Peoples Democratic Party camp has insisted that the party is currently without a National Working Committee following the Supreme Court judgment. The faction also announced that the Board of Trustees will convene an emergency meeting on Sunday ahead of a National Executive Committee meeting scheduled for Monday to determine the party’s next line of action. Announcing this after an expanded PDP National Caucus meeting in Abuja on Thursday, the BoT National Secretary and former Niger State Governor, Babangida Aliyu, explained that the Supreme Court nullified the November 2025 convention that produced the Tanimu Turaki (SAN)-led NWC, while also…
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