Author: Prima News

Odu’a Investment Company Limited, owned by six South-West states, is targeting N1t in total assets by 2030 following the launch of its “30 by 2030” growth strategy, a roadmap officially known as SRC 2.0 (2026–2030). The company also declared N23.58bn Profit Before Tax for the 2025 fiscal year. This was announced by the former Chairman of the company, Bimbo Ashiru, during the 44th Annual General Meeting held at the newly redeveloped Premier Hotel in Ibadan, Oyo State, on Saturday. He said, “During the 2025 fiscal year, the company grew its revenue base by 78 per cent, which amounts to N20.22bn,…

The Inspector General of Police, IGP, Tunji Disu, has commended the Governor Peter Mbah Administration for setting up what he described as a state-of-the-art Command and Control Centre for effective surveillance of the state. Mr Disu, who expressed surprise at the sophistication of the security infrastructure, wished every other state could come over to understudy the Command and Control Centre and set up one to boost security of lives and property in every part of the country. The IGP spoke during a tour of the facility on the sidelines of the inauguration of the Centre for DNA Forensics and Criminal…

The Ogun State Police Command has arrested seven suspected criminals for offences ranging from armed robbery and “one-chance” robbery to cultism, unlawful possession of firearms and obtaining money by false pretences. The command also recovered a stolen Toyota Venza, three locally made firearms, a Toyota Camry allegedly used by a one-chance robbery syndicate, 17 stolen mobile phones, an HP EliteBook laptop and N1.1m traced to an alleged travel scam. The suspects were identified as Bola Salau, 42; Segun Balogun, 25; Emmanuel Friday; Tunde Abioye; Ankpa James; Tunde Ogunseye, 41; and Owodunni Seun, 36. The state Police Public Relations Officer, DSP…

Co-hosts Canada made history on Sunday after defeating South Africa 1-0 in dramatic fashion to qualify for the FIFA World Cup last 16 for the first time ever. Stephen Eustaquio’s stunning strike in the second minute of stoppage time secured a famous victory for Jesse Marsch’s side in Los Angeles, ending South Africa’s World Cup campaign. Here are five key lessons learned from the historic encounter: 1. Belief and Persistence Can Change History Canada entered this tournament having lost all six of their previous FIFA World Cup matches. However, Jesse Marsch’s team refused to be defined by their past failures.…

Popular Nigerian film director, Ibidunni Oladayo’s television commercial for Unilever’s Vaseline emerged as a winner in five categories at the 2026 Cannes Lions International Festival of Creativity. A statement he shared with PUNCH Online on Sunday noted that the commercial, produced by Ama Psalmist Visuals, received one Gold award in the Social & Creator category and four Bronze awards in the Media, Health & Wellness, Brand Experience, and Social & Creator – Healthcare categories. The campaign, which sought to challenge the long-standing “Nigerian Prince” scam stereotype while promoting the authentication of Vaseline products in Nigeria, was also recognised for its…

The death toll continues to rise, while a preliminary assessment estimates the direct physical damage caused by the disaster at $6.7 billion.At the request of the Venezuelan Government, 44 international urban search and rescue teams, known as USAR, have deployed 2,245 specialists and 140 search dogs to extract possible survivors from collapsed structures and provide initial medical care, the UN Office for the Coordination of Humanitarian Affairs (OCHA) reported on Saturday .OCHA has activated its emergency response mechanisms and is supporting the arrival and coordination of teams in the country.The rescuers come from Argentina, Brazil, Canada, Chile, Colombia, Ecuador, El Salvador, Guatemala, Mexico,…

The First Lady, Senator Oluremi Tinubu’s recent charge to Nigerian women to embrace productivity — by engaging in businesses like akara, kulikuli, and corn roasting — is not trivial. It is appropriate, practical, and deeply patriotic. We mock what is small until we see what it becomes. Today, many of Nigeria’s biggest eateries and food brands began as hawkers. Some sold akara on street corners. Others hawked bread, amala, or even ‘eba kolobe’ — eba without soup. Those little drops have built empires. Take Ibadan, for instance. Amala Sky, now one of the most popular amala joints in the country…

In 2018, Amazon brought me in as the lead UX Sound Designer for Astro, its first consumer home robot. Astro used cameras and other sensors to map and navigate your home and workplace, and could proactively patrol, check up on loved ones, and transport small items using its built-in cargo bin. While there was a well-defined feature set and form factor, initially there was no character direction. In fact, even before Astro had a name, there were two main questions—was it simply Alexa on wheels, or was it a robot with its own character?The Astro team was divided. One option…

Tinubu Government has secured $1.5 billion from $5 billion UAE Financing Deal to refinance debt. NewsOnline Nigeria reports that Nigeria has accessed the first tranche of its $5 billion derivatives-based financing arrangement with the United Arab Emirates’ largest lender, First Abu Dhabi Bank (FAB), as the Federal Government steps up efforts to refinance expensive debt and bridge its budget financing gap. According to a Bloomberg report published on Friday, the Federal Government drew approximately $1.5 billion over the past two weeks through a Total Return Swap (TRS) transaction with First Abu Dhabi Bank. The drawdown represents the first disbursement under the $5 billion…

The Small and Medium Enterprises Development Agency of Nigeria has secured a $12m commitment from the South Korean Government to establish a world-class Skills Acquisition Centre in Abuja as part of efforts to deepen entrepreneurship, tackle unemployment and strengthen Nigeria’s small business ecosystem. The Director-General and Chief Executive Officer of SMEDAN, Charles Odii, disclosed this in a statement on Sunday to mark the 2026 World MSME Day, themed “Empowering MSMEs through Innovation and Sustainable Industrial Development.” Odii said the proposed centre would provide vocational and entrepreneurial training to thousands of young Nigerians and improve the productive capacity of Micro, Small…