Author: Prima News

Roughly 90 percent of hard tech startups fail due to funding constraints, longer R&D timelines for developing hardware, and the complexity of manufacturing their products, according to a number of studies.Generally, these startups require up to 50 percent more investor financing than software ones, according to a Medium article. Typically, they need at least US $30 million, according to a Lucid article. That’s double the funding needed by software companies on average.To help them connect with investors, IEEE Entrepreneurship in 2024 launched its Hard Tech Venture Summits. The two-day events connect founders with potential investors and other entrepreneurs. Attendees include…

The United States ambassadorial positions in Nigeria and 116 other countries are currently vacant, reflecting a broader diplomatic gap affecting countries across different regions of the world, according to official records released by the US Department of State. The document, published on April 8, 2026, via the US Department of State’s website and titled “Ambassadorial Assignments Overseas” by the Office of Presidential Appointments, showed that Nigeria is among 117 countries yet to have a Senate-confirmed US ambassador. The document was obtained by our correspondent on Thursday. The affected countries spread across Africa, Europe, Asia, the Americas and Oceania. In Africa,…

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A group, the Goodluck Jonathan Legacy Project (GJLP), has faulted recent comments by former Vice-President Atiku Abubakar, describing his remarks on the administration of former President Goodluck Jonathan as “unfortunate and revisionist.” The response was contained in a statement issued on Thursday by the Governor and National Coordinator of the GJLP, Juan Amechee, who defended Mr Jonathan’s leadership record and dismissed the claim that governance challenges during his tenure were rooted in “inexperience.” The clarification comes after Atiku, speaking during an interview on Arise Television, said Mr Jonathan’s “inexperience” contributed to his struggles in effectively managing the affairs of the…

By Florencemary Nwabueze The Federal Government has announced that 744 former terrorists and victims of violent extremism will be reintegrated into society following their graduation from the Federal Government’s De-radicalisation, Rehabilitation and Reintegration Camp under Operation Safe Corridor. The breakdown of the former terrorists is as follows: two are from Abia State, 10 from Adamawa State, one from Akwa Ibom State, two from Anambra State, 12 from Bauchi State, 597 from Borno State, three from Ebonyi State, one from Enugu State, 15 from Kano State, three from Katsina State, one from Kebbi State, five from Kogi State, four from Nasarawa…

Bernardo Silva has announced he will leave Manchester City this summer, bringing an end to nine years at the club. The 31-year-old has made over 450 appearances, scored 76 goals and provided 77 assists, playing a key role in one of the most successful periods in the club’s history. During his time at City, he won 19 major trophies: six Premier League titles, the Champions League, and the Treble in 2023. In a message shared on social media, Silva reflected on his journey at the club. “When I arrived 9 years ago, I was following a dream of a little…

US pop star Katy Perry is under investigation in Australia over allegations of sexual assault made by actor Ruby Rose, police and media said Wednesday. Rose alleged in a series of widely reported but now-deleted posts on social media that the singer had assaulted her in a nightclub in Melbourne almost two decades ago. On Tuesday, Rose, best known for her role in TV sitcom “Orange is the New Black” said she had finalised reports to police and could therefore no longer talk publicly about the case. In a statement to AFP, Victoria state police declined to name Perry but…

“We are at the end of the supply chain,” Tuya Altangerel, a senior UN Development Programme (UNDP) official in the Pacific region, told UN News “so this energy crisis is really impacting our communities.”With Fiji a significant hub in the Pacific Ocean, island nations that surround it extend thousands of miles into the world’s largest ocean, with the distance between some islands as much 3,000 miles.Within this vast area, the isolation from the rest of the world is not only very challenging by also expensive. From Fiji to Tuvalu, the Solomon Islands to the Marshall Islands, governments are moving to conserve fuel,…

It’s a rare and profound honour when an institution dedicated to the word bestows its highest recognition upon a guardian of the sword. On the occasion of its special convocation ceremony yesterday, Wednesday April 15, the Nigerian Institute of Journalism conferred its prestigious fellowship award on the Comptroller-General of the Nigeria Customs Service, Dr Adewale Adeniyi. This tribute celebrates a man whose distinguished career not only fits the demands of his office but goes beyond them, embodying a leadership philosophy where communication and action are inseparable. The NIJ has recognised a public servant whose understanding of governance knows no bounds,…

Enugu State in southeastern Nigeria says it is planning an artificial intelligence institute intended to prepare graduates for roles in global digital markets. Arinze Chilo-Offiah, the governor’s special adviser on digital economy and Micro, Small, and Medium Enterprises, who leads the project, frames it within a broader economic argument. “If you look at (diaspora) remittances, they rival what we earn from crude,” he told TechCabal on Tuesday during a visit to his Enugu office.  “So the question becomes, what is our real competitive advantage?” He argues that talents, particularly in specialised fields such as artificial intelligence, cloud computing, cybersecurity, and software…