Author: Prima News

Nigeria’s private sector returned to growth in February, as new orders increased and inflationary pressures eased, according to the latest Purchasing Managers’ Index report released by Stanbic IBTC Bank. The headline PMI rose to 53.2 in February from 49.7 in January, moving above the 50.0 threshold that signals improvement in business conditions. The February reading indicates a solid monthly recovery in the health of the private sector after a brief dip at the start of the year. The report showed that new orders returned to growth, supported by improved customer demand and better product affordability. Output also regained momentum, rising…

The Anambra State Governor, Chukwuma Soludo, has revalidated his membership of the All Progressives Grand Alliance by participating in the party’s ongoing electronic membership registration exercise, which commenced on March 1 across the federation and the Federal Capital Territory. Soludo, who completed his registration alongside his wife, Nonye Soludo, on Monday, expressed excitement over the exercise, noting that it aligns with provisions of the Electoral Act. In a post on his Facebook page on Monday, the governor described the digital transformation of the party’s membership process as a game-changer that sets APGA apart as a pioneer in Nigerian politics. He…

By Henry Umoru ABUJA — The 36 state governors, under the aegis of the Nigeria Governors’ Forum (NGF), have thrown their weight behind President Bola Tinubu’s reforms requiring oil and gas revenue entitlements to be remitted directly into the Federation Account. In a statement on Monday by NGF’s Director of Media & Strategic Communications, Yunusa Tanko Abdullahi, the Forum described the move as crucial for strengthening fiscal transparency, predictability, and constitutional alignment across all tiers of government. The governors specifically endorsed Executive Order 9, signed by President Tinubu on February 13, 2026, which realigns oil and gas revenue flows with…

Galatasaray have left out Victor Osimhen from their Turkish Cup tie against Alanyaspor on Tuesday (today). Already qualified, Galatasaray will look to conclude their Group A campaign in the Ziraat Turkish Cup with a flawless four-game run, having won their three previous group-stage matches. The Istanbul giants are balancing a fierce Süper Lig title race with the demands of the UEFA Champions League knockout stage. They last won the Turkish Cup in 2019. However, the club has rested Osimhen and other key players to allow them “active rest,” according to an official statement by the Turkish champions. Incidentally, Osimhen scored…

Nigerian gospel singer, Taiwo Adegbodu, of the popular Adegbodu Twins, is dead. Adegbodu’s death was confirmed on Sunday morning on the duo’s official fans’ page on Facebook, managed by their management. Nigerian gospel singer, Taiwo Adegbodu, and his twin brother…Photo Credit: Facebook/ Adegbodu Twins Fanpage “Taiwo, why will you leave your kids and me without notification? My heart is bleeding, Lord, how do you want me to cope without him? God why? This is too much for me to bear!” the post read. Fellow gospel artiste, Esther Igbekele, also confirmed the development in a post shared on her Instagram page.…

Speaking in Vienna, the Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi, noted that there was no indication that any of Iran’s nuclear installations, including the Bushehr Nuclear Power Plant, the Tehran Research Reactor and other nuclear fuel cycle facilities had been damaged.Meanwhile at the UN Human Rights Council in Geneva, Gulf States impacted by Iranian retaliatory strikes involving ballistic missiles and drones condemned attacks against their sovereignty and urged Tehran to stop all “hostile escalation” that could jeopardize regional stability. To date, missile strikes have been reported in Bahrain, Jordan, Oman, Kuwait, Qatar, Saudi Arabia and…

Despite weeks of agitation over a controversial clause that makes the electronic transmission of election results optional, President Bola Tinubu finally signed the Electoral Act Amendment Bill 2026 into law on February 18, 2026. Following this, the Independent National Electoral Commission rolled out the long-awaited revised timetable for the 2027 general elections four days ago. According to the new timetable, the country should have a new President in waiting after January 16, 2027. Incumbent and aspiring federal legislators will also know their fate on the same date, while governorship and state Houses of Assembly polls will be held on February…

When Ukrainian mathematician Maryna Viazovska received a Fields Medal—widely regarded as the Nobel Prize for mathematics—in July 2022, it was big news. Not only was she the second woman to accept the honor in the award’s 86-year history, but she collected the medal just months after her country had been invaded by Russia. Nearly four years later, Viazovska is making waves again. Today, in a collaboration between humans and AI, Viazovska’s proofs have been formerly verified, signaling rapid progress in AI’s abilities to assist with mathematical research. “These new results seem very, very impressive, and definitely signal some rapid progress…

Police Council has confirmed Tunji Disu as Inspector-General of Police.   NewsOnline Nigeria reports that the Nigeria Police Council, NPC, has confirmed Tunji Disu as the Inspector-General of Police, IGP.   The Council confirmed Disu on Monday during a meeting at the Presidential Villa, in Abuja.     Recall that President Bola Tinubu appointed Disu as acting IGP on February 24, 2026, after the resignation of Kayode Egbetokun. The President, thereafter, decorated him the following day, February 25. Source link

United Capital Plc reported a profit of ₦28.15 billion for the year ended December 31, 2025, representing a 16.8 percent increase from ₦24.10 billion recorded in 2024 as gross earnings climbed to ₦58.55 billion. The Group’s performance reflects strong growth in fee income, trading gains and fair value adjustments despite rising operating expenses and higher tax obligations. Gross earnings rose from ₦43.43 billion in 2024 to ₦58.55 billion in 2025, driven by improved revenue across core business segments. Net operating income expanded to ₦53.53 billion, up from ₦36.56 billion in the previous year. Fee and commission income increased to ₦23.25…