Author: Prima News
Global oil prices declined on Friday after Omani authorities confirmed that crude export activities at the country’s key Mina al Fahal terminal were continuing without disruption. Brent crude oil, against which Nigerian crude oil is priced, fell by 84 cents to $94.19 per barrel, while U.S. West Texas Intermediate (WTI) crude dropped $1.13 to $91.91 per barrel as traders reacted to the clarification from Oman. The market had earlier been unsettled by reports of an explosion near mooring facilities at Mina al Fahal, one of Oman’s most important crude export terminals. Initial concerns raised fears of potential loading disruptions that…
The Nigeria Democratic Congress (NDC) says the party handles disputes arising from its just concluded primaries through “an established stakeholder leadership structure.” The National Secretary of the NDC, Ikenna Enekweizu, disclosed this in a statement on Thursday night. The NDC held its primaries on 29 May ahead of the 2027 general elections although the party has yet to announce results of the exercise amid allegations of manipulations by aspirants. Mr Enekweizu explained that the party’s “established stakeholder leadership structure” has what he termed “caucus heads” in all states of Nigeria. “These leaders were entrusted with conducting stakeholder consultations, building consensus,…
The Kaduna State Police Command has rescued three kidnapped victims who spent more than 40 days in captivity and arrested five suspected informants linked to a kidnapping syndicate. The Command’s Public Relations Officer, DSP Mansir Hassan, disclosed this in a statement issued on Saturday in Kaduna. Hassan said the rescue operation was carried out by a joint security team led by personnel from Fushin Kada, in collaboration with the Divisional Police Officer (DPO) in Hunkuyi. According to him, the operation followed sustained intelligence gathering, strategic surveillance, and coordinated security efforts that led operatives to a suspected bandits’ hideout. “Upon sighting…
FIFA said Friday it will allow fans to bring one “soft, plastic” disposable water bottle into World Cup venues after its ban on refillable bottles sparked an outcry. “All fans will be permitted to bring in one, soft, plastic 20 ounces (590ml), factory sealed disposable water bottle into any FIFA World Cup 2026 match in the USA and Canada,” World Cup chief operating officer Heimo Schirgi, said in a video posted on FIFA’s X account. The announcement, which FIFA called a “clarification” of its water bottle policy, came two days after FIFA said that refillable water bottles wouldn’t be allowed.…
Popular actor and singer, Gabriel Afolayan, has said the growing recognition of Yoruba-language films is a natural outcome of consistency, hard work, and dedication within the industry. Reacting to the increasing visibility of Yoruba films, he said there was nothing unusual about the development, noting that sustained effort within the industry was finally yielding results. “There is nothing strange about it because we have put in the work. If one works hard, one should get the dividends for it. If we are seeing the feedback, it’s worth it. So there is nothing strange about it because we have put in…
Speaking in Geneva on Tuesday, UNHCR spokesperson Babar Baloch warned that sharp reductions in humanitarian and development funding are putting essential services at risk for one of the world’s largest refugee populations. “The generous support from Bangladesh and the international community has been critical in meeting their basic needs and providing protection,” he told journalists. The largest influx of Rohingya refugees occurred in August 2017, when around 750,000 people fled violence in Myanmar’s Rakhine State and crossed into Bangladesh. UNHCR noted that support from Bangladesh and donors has been vital in meeting basic needs and providing protection ever since.Funding pressures mountThe…
Tomorrow, June 6, Pastor William Folorunsho Kumuyi is turning 85. Now, if your idea of an 85-year-old involves rocking chairs, early bedtimes, and complete confusion over how to use a smartphone, you clearly have not met the convener of the Global Crusade with Kumuyi. As a part of his digital strategy team, I have a front-row seat to some part of his daily life. Let me let you in on a secret: the man operates at a speed that puts Gen Z to shame. We do not worship him, and we definitely do not idolise him, because he would be…
There is a type of entrepreneurs who start a company because they have seen a gap in the market. Then there is the kind who start one because they are trying to make sense of the world around them. When I met Eric Asuma, founder of The Kenyan Wall Street, he struck me as belonging to the second group. He grew up watching his parents run small businesses, where every shilling mattered, and every decision carried far-reaching consequences. Long before he became a founder, he had a front-row seat to the realities of building a company from scratch. He credits…
Thirty-five-year-old Ms Jennifer Atsar, whose 16-year-old son, Sesugh, was allegedly murdered by operatives of the Economic and Financial Crimes Commission in Makurdi on May 23, 2026, shares with JOHN CHARLES her pain over losing her child and the need for her son’s killer to be punished Could you introduce yourself? My name is Jennifer Atsar. I am 35 years old and live in Kanshio, Makurdi. I am the mother of Sesugh, who was killed by operatives of the EFCC. What do you do for a living? I fry and sell garri. It is from the proceeds that I take care…
Sovereign Trust Insurance Plc (STI) has strengthened its capital position after completing the mandatory statutory deposit of N1.5 billion with the Central Bank of Nigeria (CBN) ahead of the regulatory deadline set by the National Insurance Commission (NAICOM). The deposit was made in compliance with the provisions of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, which requires insurance companies to maintain a statutory deposit equivalent to 10 percent of the applicable minimum regulatory capital with the apex bank. As a non-life insurance company, Sovereign Trust Insurance fulfilled the requirement before the May 31, 2026 deadline, positioning the company among…
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