Author: Prima News

President Tinubu has come under pressure to sack Power Minister Adebayo Adelabu over persistent blackouts.   NewsOnline Nigeria reports that persistent electricity blackouts across several Nigerian states have intensified public calls for the removal of Adebayo Adelabu as Minister of Power by President Bola Ahmed Tinubu.   Over the past four months, electricity supply has remained highly unstable, with power generation fluctuating between 2,000 and 4,000 megawatts, far below the demand of Nigeria’s population of more than 250 million people. As of March 29, 2026, electricity distribution companies received only 2,855 megawatts, highlighting the severity of the supply deficit.  …

UAC of Nigeria Plc has proposed a final dividend of ₦1.00 per ordinary share of 50 kobo for the financial year ended December 31, 2025, subject to shareholder approval at its upcoming Annual General Meeting (AGM). The company disclosed that shareholders whose names appear on the register as of June 11, 2026, will qualify for the dividend payment. The register of members is scheduled to close from June 12 to June 18, 2026. According to the notice, the dividend will be paid electronically on June 26, 2026, to shareholders who have completed their e-dividend registration and mandated the registrar to…

Gift cards for cash are becoming popular in both Nigeria and Ghana, with more people using digital payments as gifts, salary, or promotions. But instead of using them most, a lot of people prefer to convert them to cash. Even though this sounds easy, many people still face problems like delayed payments, low rates, and, sadly, scams are still very common. The good news is that there is a better and safer way to sell your gift cards, even if you are new to selling gift cards. In this guide, you will discover the best platform to sell gift cards…

Napoli striker, Romelu Lukaku, is facing disciplinary action for skipping training as the Serie A giants released a statement. Antonio Conte’s side is considering taking legal action against Lukaku after the Belgian failed to report for training today. As a result, there have now been tensions between both parties after the former Chelsea star spent the international break in Belgium while recovering from injury. “SSC Napoli can confirm that Romelu Lukaku did not respond to today’s call to return to training,” Napoli’s statement read on Tuesday. “The club reserves the right to consider taking the appropriate disciplinary action. “As well…

News » Premier League news » Chelsea newsMarch 30, 2026 20:55 GMT (UK), by Sri Aswin Lacroix to Chelsea? Chelsea are reportedly exploring a deal for Crystal Palace defence Maxence Lacroix during the summer transfer window. The Blues are expected to bolster their central defensive department this summer with the prospect of multiple exits.Axel Disasi and Benoit Badiashile are poised to be offloaded, while they are doubts over the future of Wesley Fofana.Amidst this, Teamtalk claim that the Blues are one of the clubs monitoring Lacroix, who has been a key player for Palace.The Frenchman recently earned his maiden cap with his national side and…

“Just over a month ago, Sudan reached a horrific milestone: 1,000 days of a brutal war that has nearly destroyed the third largest country in Africa,” Rosemary DiCarlo, Under-Secretary-General for Political Affairs said.  It has been “1,000 days of staggering violence and unimaginable suffering” and “1,000 days of total impunity for the perpetrators of a long list of atrocities and war crimes.”As the conflict approaches its third anniversary in April, fighting continues to spread. Ms. DiCarlo said front lines have fluctuated in North Darfur, North Kordofan, South Kordofan and Blue Nile states, with drone attacks and aerial strikes by both…

Angola is not a market that often comes up in African venture capital conversations. It does not appear in the funding trackers or the ecosystem rankings, nor is it typically represented on the conference panels. BFA Asset Management is trying to change that.  The Luanda-based firm, a spin-off from Banco de Fomento Angola (BFA)—the country’s second-largest private bank by assets—manages $600 million across public and private markets. Last year, BFA’s parent completed a $239 million IPO on the local stock exchange, the largest in Angolan history, drawing demand five times the shares available. In 2024, Angola’s sovereign wealth fund, FSDEA,…

Zenith Bank and Ford Foundation has honoured 19 Nigerian Women with Inaugural ‘Woman of Power’ Award.   NewsOnline Nigeria reports that Zenith Bank Plc, in partnership with the Ford Foundation, has honoured 19 outstanding Nigerian women with the inaugural Woman of Power Award in recognition of their resilience, leadership, and impact within their communities.   The awards ceremony, held on Saturday, March 28, 2026, at The Civic Centre in Lagos, marked the grand finale of Zenith Bank’s month-long activities commemorating Women’s Month. Earlier in the month, the bank had hosted an International Women’s Day seminar at the same venue.  …

Nigeria’s small and medium-sized enterprises (SMEs) are facing a widening financing gap estimated at ₦48 trillion, a shortfall that continues to constrain business expansion, limit job creation and weaken overall economic growth. According to data, access to affordable credit remains a major challenge for SMEs despite their critical role in the economy. The sector accounts for a significant share of employment and contributes meaningfully to national output, yet many businesses remain locked out of formal financing. The funding gap reflects a persistent mismatch between the capital required by SMEs and what is available through the banking system. As a result,…