Author: Prima News

Reps has imposed a jail term and ₦10m fine for dual party membership in the amended Electoral Act 2026.   NewsOnline Nigeria reports that the House of Representatives has amended the Electoral Act 2026 to criminalise dual membership of political parties in Nigeria. Under the new provision approved during Wednesday’s plenary, any individual found guilty of belonging to more than one political party at the same time will face a fine of ₦10 million. Lawmakers also introduced a custodial penalty for offenders, prescribing a maximum prison term of two years for anyone convicted under the provision.   The amendment was…

The Central Bank of Nigeria (CBN) has directed deposit money banks to adopt automated anti-money laundering monitoring systems within the next 18 months as part of a broader regulatory effort to strengthen oversight of financial transactions across the country’s banking sector. The directive forms part of a new compliance framework designed to enhance the detection of illicit financial activities and reinforce Nigeria’s financial crime prevention architecture. Under the new guideline issued by the apex bank, commercial banks are required to transition to technology-based monitoring platforms capable of automatically analysing large volumes of financial transactions and identifying patterns that may suggest…

Introduction From Productivity to Predation One of the most uncomfortable truths about Nigeria’s economy is that a large share of wealth creation is no longer anchored in productivity, innovation, or value creation. Instead, it is driven by access, deception, the systematic extraction of public resources and fleecing of fellow citizens. Scams are no longer fringe criminal activities; they are embedded in how institutions function, how governments generate revenue, and how many citizens navigate everyday economic life. Scams now take many forms, from obstruction of due process; deliberate creation of bureaucratic bottlenecks to extract bribes; sabotage of government functions to create…

Arsenal boss, Mikel Arteta has identified forward Kai Havertz as an honest and humble player. Arteta expressed his admiration for the Germany international, stating, “You can’t help but love Kai.” “It is impossible not to love Kai,” the Spaniard told TNT Sports. “He so humble, honest and hard-working. “When you meet his family, you quickly understand how he was raised and what truly matters to him. “In terms of character, it is difficult to find anyone better than Kai in the football world.” Source link

News » Premier League news » Manchester United newsMarch 11, 2026 21:01 GMT (UK), by Sri Aswin Elmas to Man Utd? Manchester United are reportedly keen on landing Napoli midfielder Eljif Elmas when the transfer window reopens in the summer. The Red Devils are expected to reinforce their midfield department ahead of next season with the possibility of more than one departure.Casemiro is set to depart when his contract expires this summer, while Manuel Ugarte could push for an exit too for regular game time.Tuttomercatoweb now claim that United are weighing up a move for Elmas, who could be sold by Napoli after they…

Rosemary DiCarlo, Under-Secretary-General for Political and Peacebuilding Affairs, delivered remarks on behalf of the Secretary-General, saying “the war remains a stain on our collective conscience.”It has “shattered lives, devastated communities, and deepened regional and global instability,” she said.Death, displacement and attacks on infrastructureShe highlighted the “catastrophic” human toll which includes more than 15,000 civilians killed, 41,000 injured and millions forced to flee their homes, while “a whole generation has lost years of education as schools have come under fire.”Amid the current winter season, characterized by sub-zero temperatures, Russia has intensified strikes against Ukraine’s energy system.As civilians in Russia are also…

The time is ticking fast. Months are fast narrowing to weeks. It is 10 months to the 2027 general election. Yet, an eerie silence pervades the entire Lagos political landscape. President Bola Tinubu, whose imprimatur will decide many political fates, is battling a different kind of headache far from his re-election challenge. He is at that cliffhanging juncture that Yorubas proverbially refer to as ‘orita meta to n damu onile, to n damu alejo’ (the three-way crossroads or T-junction that confuses both the landlord and the guest). Those who understand the Yoruba language in-depth know that this is not just…

Amazon-owned Zoox plans to make its robotaxis available to hail on the Uber app in Las Vegas later this year, the two companies announced Wednesday. Before that happens, though, Zoox still needs approval from the federal government to commercially deploy its robotaxis, which don’t have a steering wheel or pedals. That requires exemptions from the Federal Motor Vehicle Safety Standards (FMVSS). On Wednesday, the National Highway Traffic Safety Administration (NHTSA) began taking public comment on Zoox’s application for those exemptions. (Zoox currently has an exemption that allows the custom-built robotaxis to operate as a demonstration, and not commercially.) If and…

The Central Bank of Nigeria has given Deposit Money Banks 18 months to fully comply with its new baseline standards for automated anti-money laundering solutions, while other financial institutions have 24 months from March 10, 2026, to meet the requirements. The PUNCH observed that this represents an extension from the previously reported 12 months, when the apex bank first proposed the guidelines. In a circular dated March 10, 2026, the CBN said, “The implementation of these guidelines shall start from the date of issuance, while full compliance shall be 18 months (for Deposit Money Banks) and 24 months (for Other…

By Aduragbemi Omiyale The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State. This year’s edition is themed The Resilient Enterprise, People and Systems: Building and Managing Businesses that Outlive Seasons, Cycles and Crises. The programme aims to equip leaders with the insights, tools, and networks required to build resilient organisations in an increasingly complex business environment. It will provide a unique platform for executive-level engagement through high-level conversations, peer learning sessions with experienced leaders,…