Author: Prima News
The livestock sector may be on the cusp of transformation as stakeholders rally behind a private sector-led investment drive capable of unlocking up to $3bn in pastoral market opportunities over the next three to five years. The renewed push comes amid growing consensus among government and industry players on the need for urgent reforms to address longstanding structural bottlenecks that have constrained growth. The investment drive took centre stage at a three-day high-level forum in Abuja, where producers, processors, financiers, and policymakers convened to negotiate deals, forge supply agreements, and rebuild trust across a fragmented value chain. The event, organised…
The Federal High Court has launched its electronic filing system in the Lagos Division, marking a major step in its transition from manual, paper-based court processes to digital operations. At the inauguration on Monday, the Chief Judge of the Federal High Court, John Tsoho, stated that the initiative was aimed at enhancing efficiency, transparency, and access to justice. He described the move as both necessary and long overdue, saying the judiciary could no longer rely on traditional filing methods that often slow down the proceedings. “For too long, the corridors of the Federal High Court have been synonymous with the…
The Director-General of the National Agency for Food and Drug Administration and Control, Mojisola Adeyeye, on Tuesday warned Nigerians against excessive sodium consumption, linking it to the rising burden of non-communicable diseases such as hypertension, cardiovascular diseases and stroke. Adeyeye gave the warning during a stakeholders’ engagement on the draft Reduction of Sodium in Pre-Packaged Foods Regulations 2026, where she described high sodium intake as one of the leading dietary risk factors for preventable deaths globally and in Nigeria. She cited guidance from the World Health Organisation, which identifies sodium reduction as one of the most cost-effective interventions to improve…
News » Premier League news » Liverpool newsApril 27, 2026 20:48 GMT (UK), by Sri Aswin View Liverpool summer 2026 transfer targets Alisson to Liverpool? Juventus are reportedly keen on landing Liverpool goalkeeper Alisson this summer. The Brazil international has been a key player for the Merseyside giants, but his future is uncertain with his contract expiring next year.The Reds have yet to convince him to renew, and there is a possibility that he could leave for a reasonable price later this year.Alisson is aware of the interest from the Bianconeri, but the final decision will be left to the Reds, who are set…
Afrobeats star Davido has won the Best International Act category at the 2026 Liberian Entertainment Awards, beating Gunna, Rema and Tyla to the prize. The award was presented on April 25 during a ceremony held at the Lisner Auditorium in Washington, DC, United States. Music charts platform, ChartsAfrica, announced the winner via X on Monday, saying, “#davido has emerged victorious at the 2026 Liberian Entertainment Awards, clinching the prestigious award for Best International Act.” The latest recognition adds to Davido’s growing list of international honours and underscores the increasing global appeal of Afrobeats. It also reflects the continued strong presence…
A businessman and resident of Port Harcourt, Rivers State, Mr Desmond Zidougha, recounts to BIODUN BUSARI how some naval officers illegally occupied his late army officer father’s property for more than 20 years and are still occupying it after a court judgment in his family’s favour Who are you to the late General Lawrence Zidougha? I’m the son of the late General Lawrence Zidougha. I am a businessman. I’m from Bayelsa State, but I reside in Port Harcourt, Rivers State. When did your father join the army? I can’t say the actual time my father joined the army. The reason…
When the Central Bank of Nigeria unveiled its revised minimum capital requirements in March 2024, the country’s financial community was confronted with more than a compliance deadline. It was a summons — a demand that the Nigerian capital market prove, once and for all, that the infrastructure built over two decades of reform, the investors cultivated in that time, and the regulatory architecture constructed around them were equal to the demands of national transformation. Two years on, the verdict is unambiguous. The Nigerian capital market mobilised N4.65 trillion in fresh equity capital in twenty-four months, brought thirty-three banks into full…
Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add accounts by the tens of millions, thanks largely to interest from millennials and Gen Z. Now, the company’s controlling investor has apparently made it known that they are looking to cash out. Semafor reported Sunday that Canadian holding company Tiny, which owns some 60% of Letterboxd, has been courting various potential buyers, including Versant, the parent company of CNBC and…
Governor Ahmadu Fintiri has confirmed that no fewer than 29 people were killed in an attack in Guyaku community in Gombi Local Government Area of Adamawa State. The attack, which occurred on Sunday, was confirmed by the governor during an on-the-spot assessment of the affected community on Monday. Fintiri disclosed the figure and described the incident as tragic and unacceptable. “My heart breaks for the people of Guyaku in Gombi LGA. Today, I stood on the ground where our brothers and sisters were cruelly taken from us. “This act of cowardice is an affront to our humanity and will not…
Fidelity Bank Raises ₦227.05 Billion As Private Placement Hits 87.7% Subscription After CBN Verification
Fidelity Bank Plc has announced the outcome of its private placement of 14.8 billion ordinary shares of 50 kobo each at ₦17.50 per share. The financial institution raised a total of ₦227.05 billion following the conclusion of the Central Bank of Nigeria (CBN) capital verification process. The offer, which opened and closed on December 31, 2025, attracted strong investor interest with total applications exceeding the initial offer size. A total of 20 applications were received for 16.78 billion shares, representing a valid application rate of 113.4 percent. However, following regulatory verification by the CBN, only 12.97 billion shares were approved…
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