Author: Prima News

First HoldCo Plc has emerged as one of the biggest beneficiaries of the Nigerian equities rally in 2026 with the financial services group’s share price reaching N140 per share and its market capitalisation climbing above N6 trillion. The latest valuation represents a remarkable transformation for a company whose shares were issued to investors at N32.50 apiece through a private placement completed earlier in the year. Compared with the N32.50 private placement price, FirstHoldCo’s N140 closing price on August 6 represents an increase of N107.50 per share or 330.77 percent in about seven months. The appreciation means that the stock is…

Nigeria’s Flying Eagles fell 4-1 to Burkina Faso in the final of the 2026 WAFU Zone B U-20 Championship on Sunday at the Stade Charles Konan Banny in the Ivorian city of Yamoussoukro. It was a tough afternoon for the defending champions, who were undone by a blistering first-half display from the Young Stallions and could not recover despite a spirited second-half push. Burkina Faso came out with clear intent and took full control inside the first 45 minutes. Three quick goals put the Burkinabe 3-0 up at the break, exposing gaps in Nigeria’s backline that the opponents exploited with…

ABUJA — The Nigeria Revenue Service, NRS, has said the Nigerian economy is showing strong signs of recovery and accelerated growth following a series of “painful” reforms implemented by President Bola Tinubu. The revenue service, in an internal report, said the economy had moved “decisively from acute macroeconomic distress toward a more stable and increasingly resilient footing.” According to the report, the improvement followed reforms introduced by the Tinubu administration. The NRS said the administration inherited four major economic distortions: a fiscally unsustainable fuel subsidy regime, an opaque foreign exchange system that discouraged investment, a non-performing oil sector and a…

Nigeria’s Super Falcons crashed out of the 2026 Women’s Africa Cup of Nations after suffering a painful 1–0 defeat to rivals Cameroon in a fiercely contested quarter-final in Casablanca on Sunday night. The defending champions dominated large parts of the match but were unable to find a way past a determined Cameroonian defence. Cameroon took the lead in the 19th minute through a well-taken free-kick, catching Nigeria off guard and giving the Indomitable Lionesses an advantage against the run of play. The Super Falcons responded strongly and created several opportunities. Gift Monday and Jennifer Echegini both came close to scoring,…

Amina Mohammed was speaking to Security Council members during an informal meeting on safeguarding education in Sudan, organised under a framework known as the Arria formula.   “Among everything this war is taking, one of the most significant is the future of Sudan depriving the education of its children,” she said. Education under fire At least eight million school-aged children remain outside the classroom, she said, “with a disproportionate impact on millions of displaced children,” especially those who have fled to other countries. In battle-scarred Darfur alone, nearly three quarters of schools have been damaged, destroyed or otherwise rendered non-functional since fighting erupted in April 2023.  “Five children in every six are out of school, and parents will tell you they would rather keep their children at home…

The history of networking is full of tools that repurposed solutions to very different kinds of problems first. Wi-Fi’s origins trace back, in part, to a team of Australian radio astronomers trying to detect signals from evaporating black holes. But the data-processing tools they’d developed also proved capable at extracting clean messages from any chaotic, echoing signal environment. Echoes are echoes, after all, whether from distant star systems or from the far corner of the house.I research vehicle communications networks, connecting cars to cars and to transportation infrastructure like traffic lights—for tomorrow’s vehicle-to-everthing (V2X) networks. V2X research has long relied…

Celebrities are rallying behind Peter Okoye after Jude Okoye’s ‘career going down’ remark. NewsOnline Nigeria reports that several Nigerian celebrities have thrown their support behind Peter Okoye (Mr P) following controversial comments by his elder brother and former manager, Jude Okoye, who suggested that the singer’s music career has declined since the breakup of the iconic music duo, P-Square. Jude, while responding to allegations made by Peter, claimed that Paul Okoye (Rudeboy) has continued to enjoy career success, while Peter’s career has suffered since the brothers went their separate ways. “Paul is going up there, you dey go down,” Jude reportedly told Peter.The…

Trump publicly criticized Bitcoin in 2021 but rapidly shifted his stance during the campaign, proposing to make the United States the “global cryptocurrency capital.” After returning to the White House, he signed an executive order supporting the development of the digital asset industry. Meanwhile, reports indicate that Trump and his associated businesses have generated over $1 billion in gains through cryptocurrency. As we enter 2026, cloud mining is emerging as a new area of ​​interest amidst the continued development of computing infrastructure and digital asset markets. For the average investor, the question arises: how can one generate $17,700 in passive…

Cameroon have ended Nigeria’s reign as African champions after defeating the Super Falcons 1-0 in the quarter-finals of the 2026 Women’s Africa Cup of Nations in Casablanca on Sunday. The Indomitable Lionesses secured a place in the semi-finals. They booked their ticket to the 2027 FIFA Women’s World Cup in Brazil with a resilient performance that frustrated the defending champions throughout the contest. Nigeria entered the quarter-final as the most successful team in WAFCON history. It had dominated previous meetings with Cameroon, but the Lionesses produced a disciplined display to secure only their second victory over the Falcons at the…

By Olasunkanmi Akoni LAGOS—Operatives of the Lagos State Rapid Response Squad, RRS, have arrested more than 30 suspected miscreants during a midnight enforcement operation along the Lekki-Ajah Expressway. The operation, conducted on Sunday, was targeted at individuals allegedly causing disturbances and posing security concerns to motorists and other road users along the axis. The State Commissioner for the Environment and Water Resources, Tokunbo Wahab, disclosed the development on his Facebook page on Sunday. According to Wahab, the operation focused on individuals allegedly involved in harassing and intimidating motorists, demanding money from them and, in some instances, damaging vehicles when their…