Author: Prima News

OPay has withdrawn its planned $304 million initial public offering (IPO) on the New York Stock Exchange following a regulatory inquiry in an undisclosed foreign jurisdiction. The SoftBank-backed payments company had priced 16 million American depositary shares at $19 each, valuing the business at approximately $4 billion ahead of its anticipated trading debut on Friday, October 30, 2026. However, the company subsequently decided against proceeding with the offering after consultations with its underwriters. OPay confirmed that it had reached a mutual agreement with the underwriters to terminate the underwriting agreement dated October 29, meaning its shares would no longer begin…

By Ozioruva Aliu  WHEN Governor Monday Okpebholo was sworn-in on November 12, 2024, he was said to have confided in a close aide that there were two things he detested and would not allow them fester in Edo State: Thugerry and cultism. Closely related to this was kidnapping and other violent crimes. To show that he was prepared to check these challenges, Okpebholo approached the state House of Assembly to strengthen the anti-cultism and anti-kidnapping laws which now provide that any building linked to kidnapping and cultism would be demolished while convicted kidnappers would face the death penalty. To make…

For many residents of the Federal Capital Territory (FCT), securing a roof over their heads can mean raising hundreds of thousands, and sometimes millions, of naira at once. Beyond the annual rent itself, prospective tenants often have to contend with agency, agreement and caution fees, while existing tenants face rent increases that can force them to move to less expensive and sometimes more distant communities. It is against this backdrop that the House of Representatives has begun consideration of a new bill seeking to regulate advance rent payments and protect tenants from what it describes as unlawful rental practices. The…

News » Premier League news » Arsenal newsOctober 31, 2026 19:57 GMT (UK), by Sri Aswin View Arsenal transfer targets Arsenal handed double boost vs Liverpool Arsenal are set for a double attacking boost ahead of the Premier League clash against Liverpool on the road tomorrow. The Gunners are currently just goal difference behind leaders Manchester City, but they have a game in hand against the Cityzens.They have a big opportunity to go ahead of the Cityzens in the standings, but it won’t be easy due to their poor record at Anfield.The Gunners have not won at the stadium since September 2012, and they…

By Victor Ayeni To a large extent, many people are familiar with high blood pressure (hypertension) – a chronic medical condition where blood pushes too forcefully against the artery walls. But many seem unaware of how to manage another condition known as low blood pressure (hypotension). Recently, a gospel singer, Olayemi Bolaji, popularly known as Toluwanisings, passed away after suffering a sudden medical emergency and slumping at his home in Ibadan, Oyo State. Although there has been no official confirmation of the cause of death, online discussions and medical commentary linked his collapse to acute low blood pressure, cardiac arrest,…

Verve, Nigeria’s largest card scheme, plans to let customers pay by tapping their phones and, eventually, to let AI assistants make payments on their behalf, its chief executive, Vincent Ogbunude, said on Thursday. Speaking on the Big Tech and Enterprise Stage at Moonshot by TechCabal on 29 October, Ogbunude described the plans as the next step in removing friction from payments. “The greatest cost in payments is friction,” he said. Every extra step, from typing an account number to retrying a failed transfer, adds cost, he argued. The plans build on a push Verve began last year. TechCabal reported in…

Troops of Sector 3, Joint Task Force Operation Whirl Stroke, killed two suspected bandits during an intelligence-led ambush along the Adankolo–Apata Road in Kogi State on Saturday. According a post by the Acting Media Information Officer, HQ JTF Operation Whirl Stroke on Saturday posted on the Nigerian Army’s X handle, the operation followed credible intelligence about the movement of suspected criminals around communities in Kabba-Bunu and Lokoja Local Government Areas. Troops set up an ambush on a suspected supply route, made contact with the group, and forced them to flee. “Later the same morning, during a follow-up search, troops recovered…

By Adedapo Adesanya SoftBank-backed digital payments company, OPay, has withdrawn its planned $304 million initial public offering (IPO) in the United States following a regulatory inquiry by an unidentified foreign jurisdiction. The Nigeria-focused fintech company announced the withdrawal on Friday, hours after disclosing that it had priced 16 million American depositary shares at $19 each, the lower end of its proposed price range of $19 to $21 per share. The offering was expected to value the company at approximately $4 billion. In a statement, OPay said the decision followed a regulatory inquiry involving a foreign jurisdiction which it described as…

President Bola Tinubu has commended the Economic and Financial Crimes Commission (EFCC) for its role in the extradition of two Nigerians accused of sexually exploiting and extorting teenage boys in the United States. The commendation followed a letter from FBI Director Kash Patel to EFCC Chairman Ola Olukoyede, praising the commission’s assistance in an investigation into criminal networks involved in financially motivated sextortion. The investigation, known as Operation Artemis, led to the extradition of Mudasiru Afeez Olawale and Adebola Festus Adekunle to the US in August. In his letter, Mr Patel said the cooperation of the Nigerian agency was crucial…

File: England and Bayern Munich forward Harry Kane kisses the trophy on stage after receiving the Ballon d’Or award for the best male footballer during the 2026 Ballon d’Or France Football award ceremony at the Palladium Theatre in London on October 26, 2026. Photo by FRANCK FIFE / AFP. Fabio Silva’s 89th-minute goal earned Borussia Dortmund a 2-2 draw at Bayern Munich after Harry Kane missed a penalty in a see-saw Bundesliga clash on Saturday. Read Also: How Kane edged Mbappe to Ballon d’Or win Bayern were 1-0 up when Kane, playing his first match since winning the Ballon d’Or on…