Author: Prima News

Nigerian National Petroleum Company Limited has secured President Bola Ahmed Tinubu’s approval for a $20 billion final investment in the Bonga Southwest Aparo deepwater project. The state-owned oil firm spokesperson, John Odey, disclosed this in a statement on Tuesday. The project is estimated to attract about $20 billion in foreign direct investment and position Nigeria for deepwater production. The presidential approval comes after months of technical and commercial negotiations involving NNPC Limited as the concessionaire, the Nigeria Revenue Service (NRS), the Special Adviser to the President on Energy, Olu Verheijen, and the Shell CEO, Mr. Wael Sawan. Commenting on the…

Former Real Madrid forward Hugo Duro has praised Super Eagles striker Sadiq Umar following his strong performances for Valencia in recent weeks. Sadiq joined Valencia from Real Sociedad in a permanent deal during the January transfer window. After a slow start at the club, the Nigerian striker has begun to show his quality at the Mestalla Stadium. At first, competition for places in the attack limited his playing time. However, his situation improved after mid-February when he started getting more minutes on the pitch. His breakthrough came when he scored an important goal in Valencia’s 2–0 victory over Levante. Since…

Afrobeats star Tiwa Savage has selected 100 young talents for specialised training under the newly unveiled Tiwa Savage Music Foundation. Savage unveiled the foundation on Monday evening in Lagos as part of efforts to develop young music talents and strengthen infrastructure within Nigeria’s creative industry. The News Agency of Nigeria reports that the launch event, held at The Delborough Lagos, attracted celebrities, industry stakeholders and government officials. Notable guests included Don Jazzy, Mo Abudu, Johnny Drille and Cobhams Asuquo. Other dignitaries were Gov. Babajide Sanwo-Olu, Sen. Florence Ita-Giwa, Daisy Danjuma and Shade Okoya. Speaking on the red carpet, Savage said…

Presidential spokesperson, Femi Adesina, has revealed why the President, Major General Muhammadu Buhari (retd.) refrained from imposing or naming a consensus candidate for the All Progressives Congress as his successor. He said the ruling party’s special convention and presidential primary that produced the former Lagos State governor, Bola Tinubu, as the party’s flagbearer was a litmus test for the President, hence his neutrality. Adesina, who is the Special Adviser to the President on Media and Publicity, stated these in a piece titled, ‘Knock, Knock! Who’s there?’. The presidential spokesman said despite his indication that he had a favourite candidate, the…

The Computer-Based Test Centres Proprietors Association of Nigeria has raised the alarm over the N700 Computer-Based Test Centre Registration Service Charge for candidates registering for the Unified Tertiary Matriculation Examination, describing it as “grossly inadequate” amid rising operational costs and logistical challenges. The association’s President, Austin Ohaekelem, spoke to The PUNCH on Monday shortly after the Joint Admissions and Matriculation Board announced the disbursement of N1.57bn to accredited CBT centres for the 2026 UTME registration exercise. In a bulletin on Monday, JAMB, through its Public Communication Advisor, Fabian Benjamin, said the payment represents the N700 fee collected from candidates on…

Three global music distribution giants—Empire, Sony, and Universal Music Group—accounted for 68% of Nigeria’s total streaming volume in 2025, underscoring how deeply foreign distributors have embedded themselves at the centre of Africa’s most valuable music market. Empire, an independent American distribution and publishing company, led the pack with 1.2 billion streams, representing 32.88% of all Nigerian Spotify consumption, according to a new report by Creator Economy IQ, a data intelligence organisation. Empire’s partnerships with Nigerian music labels, such as Dangbana Republik, placed it in a unique position as the leading company in streaming numbers. California-headquartered Universal came second with 786.4…

FirstBank is making home ownership possible for Nigerians with single-digit interest rate loan. For many Nigerians, owning a home has remained an elusive goal amid rising property prices, persistent inflation, and high commercial lending rates. However, a new mortgage initiative by First Bank of Nigeria is beginning to change that narrative by making housing finance more accessible and affordable. The bank, in partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), has introduced a mortgage facility aimed at expanding homeownership opportunities across the country. The initiative is backed by the Federal Government’s N1 trillion mortgage intervention fund,…

More than 100,000 airport access cards have been issued to motorists across the country as part of efforts to implement the Federal Government’s cashless policy at airport tollgates, the Managing Director of the Federal Airports Authority of Nigeria, Mrs Olubunmi Kuku, has disclosed. Kuku revealed on Monday that 62,000 of the cards were issued within just three days of enforcing the cashless policy at airports, a development that turned chaotic as the rollout of the policy at major airports triggered disruptions. The development comes as motorists have continued to enjoy free access into Nigerian airports for the past five days…

A former Senate President, Bukola Saraki, has urged leaders and stakeholders of the Peoples Democratic Party to end ongoing litigations over the party’s disputed national convention and focus on organising a fresh one that complies with electoral guidelines. Saraki made the appeal on Tuesday in a statement on Facebook signed by Head, Bukola Saraki Media Office, Yusuph Olaniyonu, while reacting to the judgement of the Court of Appeal which upheld earlier rulings invalidating the PDP national convention held in Ibadan, Oyo State, in November 2025. The former Kwara State governor said the party must accept the verdict and move quickly…

A former Senate President, Bukola Saraki, has urged leaders and stakeholders of the Peoples Democratic Party to end ongoing litigations over the party’s disputed national convention and focus on organising a fresh one that complies with electoral guidelines. Saraki made the appeal on Tuesday in a statement on Facebook signed by Head, Bukola Saraki Media Office, Yusuph Olaniyonu, while reacting to the judgement of the Court of Appeal which upheld earlier rulings invalidating the PDP national convention held in Ibadan, Oyo State, in November 2025. The former Kwara State governor said the party must accept the verdict and move quickly…