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    Home»Author: Prima News (Page 172)

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    CBN Adds $3.5 Billion Gold To Foreign Reserves Through Domestic Purchase Programme

    By Prima NewsMarch 5, 2026

    The Central Bank of Nigeria (CBN) has added responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards to Nigeria’s foreign reserves, bringing the country’s total gold holdings to approximately $3.5 billion. According to the CBN, the gold was sourced locally within Nigeria and aggregated by the Solid Minerals Development Fund (SMDF) under the National Gold Purchase Programme (NGPP). The initiative was designed to formalise Nigeria’s artisanal and small-scale gold mining sector while enabling the country to leverage its natural resources to support national reserve management. Speaking during a workshop on strategies to maximise the economic benefits…

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    Lagos APC exco member dies hours before inauguration

    By Prima NewsMarch 5, 2026

    The newly elected Assistant Publicity Secretary of the All Progressives Congress in Lagos State, Yesiro Karamo, is dead.   PUNCH Online reports that Yesiro was among the excos led by its Chairman, Cornelius Ojelabi, elected via consensus at the Lagos State APC congress held at the Mobolaji Johnson Stadium, Onikan, Lagos, on Tuesday. His death comes hours before his inauguration alongside other excos scheduled to hold at the Lagos APC Secretariat today (Thursday). The Lagos APC confirmed Yesiro’s death in a statement made available to PUNCH Online on Thursday, by the party’s Publicity Secretary, Seye Oladejo. The statement read, “The…

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    Gunmen Shoot Farmer and Kidnap Wife in Ondo State

    By Prima NewsMarch 5, 2026

    The Nigeria Police Force in Ondo State has confirmed that gunmen shot a farmer and abducted his wife on Wednesday night in Akure, the state capital. The command’s spokesperson, DSP Abayomi Jimoh, disclosed this in a statement on Thursday. According to him, the incident occurred around 8:45 p.m. along Oda Road in Akure. “The command strongly condemns the criminal act carried out by suspected kidnappers who invaded the residence of one Adesida Daniel, a tomato farmer in Isagba Community, along Oda Road. “During the incident, the victim sustained a gunshot injury to his right hand while attempting to resist the…

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    Man Utd make big transfer decision on Mason Mount

    By Prima NewsMarch 5, 2026

    March 4, 2026 20:02 GMT (UK), by Sri Aswin Mount won’t be sold by United Manchester United have no plans of parting ways with midfielder Mason Mount when the transfer window reopens this summer. The Englishman has been with the Red Devils for the past two-and-a-half seasons, but has had limited impact due to regular injuries.The former Chelsea man is presently nursing a calf injury and he could make his long-awaited return against Aston Villa later this month.There has been speculation that Mount could be offloaded by United in the summer, but Football Insider claim that may not happen.United will…

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    Iran launches wave of missiles at Israel; US Republicans block measure to halt US air campaign

    By Prima NewsMarch 5, 2026

    Israel launched a large wave of strikes on Tehran on Thursday, ‌targeting what it said was infrastructure belonging to the Iranian authorities, after Iranian missiles sent millions of Israelis rushing into bomb shelters. As the U.S.–Iran war entered its sixth day, the conflict has widened beyond Gulf states and into Asia, convulsing global markets, opens new tab and prompting thousands of stranded tourists and residents to try to flee the Middle East. Iran’s foreign minister called the sinking of an Iranian warship off Sri Lanka on Wednesday, which killed at least 80 people, an “atrocity ​at sea”. REVOLUTIONARY GUARDS SAY IRAN CONTROLS STRAIT OF HORMUZ He said…

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    Iran warns US after frigate sunk, Sri Lanka says trying to safeguard lives on second Iranian ship

    By Prima NewsMarch 5, 2026

    Sri Lanka said it was trying to “safeguard lives” on a second Iranian ship off its coast on ‌Thursday, a day after 87 people were killed in a U.S. submarine strike on an Iranian warship in the same region, an attack that Iran said the U.S. would “bitterly regret”. Sri Lanka’s cabinet spokesman told parliament that Colombo was aware that there was another Iranian ship in Sri Lanka’s exclusive economic zone outside its ​maritime boundary and it was “addressing the situation”. The cabinet spokesman was responding to questions from an opposition leader on whether ​the government was aware that another Iranian ship…

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    Nepal goes to the polls; voters seek change after youth-led protests

    By Prima NewsMarch 5, 2026

    Nearly six months after a wave of unprecedented youth-led protests and the deaths of ​77 people forced Nepal’s then prime minister to quit, people began voting on Thursday in a general election that will choose a ‌new parliament in the Himalayan nation. Perched between China and India, the country of 30 million people has been plagued for decades by political instability, crippling a largely agrarian economy and worsening unemployment – structural issues compounded by rampant corruption. The long-festering malaise erupted into street demonstrations last September, triggered by a social media ban, that brought thousands on the streets, leading to clashes ​and fatalities that forced the resignation of Prime Minister K.P. Sharma…

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    Azerbaijan says two people injured by Iranian drones

    By Prima NewsMarch 5, 2026

    Azerbaijan’s foreign ministry lodged an official protest with ​the Iranian embassy on Thursday after a pair ‌of Iranian drones flew across the border into Azerbaijan and injured two people at an airport in the Nakhchivan exclave. “This attack ​on the territory of Azerbaijan contradicts the norms ​and principles of international law and contributes to increased ⁠tensions in the region,” the foreign ministry said ​in a statement. “We demand that the Islamic Republic of Iran ​clarify the matter in the shortest possible time, provide an explanation and take the necessary urgent measures to prevent such incidents from ​recurring in the future.”…

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    On the French Riviera, a Sarkozy heir seeks to chart his own political path

    By Prima NewsMarch 5, 2026

    In a French Riviera town nestled between the mountains, the Mediterranean and the Italian border, a disgraced former president’s son is hoping to launch his political career with a new, untested brand of conservatism flecked with U.S. ​influence. Louis Sarkozy, 28, son of ex-President Nicolas Sarkozy, spent his teens and early 20s living in the United States, where he said he forged his political identity during ‌an era dominated by President Donald Trump. Now back in France, Sarkozy is using this month’s mayoral election in the small town of Menton as a testing ground for whether his household name and Trump-inflected brand of…

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    Iran says it hits U.S. oil tanker in Gulf, no immediate confirmation

    By Prima NewsMarch 5, 2026

    Iran’s Revolutionary Guards said on Thursday that they ​had hit a ​U.S. tanker in the northern ⁠part of the ​Gulf and the vessel ​was on fire. There was no immediate confirmation of the ​incident or of a ​similar attack that Iran claimed ‌earlier ⁠this week. The Guards said in their Thursday statement carried by state ​media that, ​in ⁠time of war, passage through ​the Strait of Hormuz ​will ⁠be under the control of the Islamic ⁠Republic.

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    Libya: UN mission chief laments lack of progress towards national renewal

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    Libya: UN mission chief laments lack of progress towards national renewal

    By Prima NewsApril 24, 2026

    “We are not where we would like to be in terms of progress on the…

    Makinde on Nigerian Governance Reform at Harvard

    April 24, 2026

    Palantir is reportedly helping the IRS investigate financial crimes

    April 24, 2026

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