Author: Prima News
Dangote Petroleum Refinery could open its long-awaited initial public offering within the next 10 to 12 days as billionaire industrialist Aliko Dangote moves to raise fresh capital for an ambitious expansion that would double the facility’s processing capacity. Dangote disclosed the timeline while speaking to investors and analysts in Botswana, bringing Africa’s largest refinery closer to a public listing after months of preparations and growing interest from institutional investors across the continent. The offering is expected to target around $5 billion, a size that could make it the largest initial public offering ever undertaken in Africa. The final amount to…
The African Democratic Congress (ADC) has released the names of its governorship and deputy governorship candidates for the 2027 elections in 28 states. The list, signed by the party’s National Publicity Secretary, Bolaji Abdullahi, includes several prominent politicians and former public officials seeking to contest the poll. “These men and women will carry the ADC banner and our commitment to offer Nigerians credible leadership and a real alternative,” Mr Abdullahi wrote in a post on X on Friday. The Independent National Electoral Commission (INEC) has scheduled the governorship elections for 6 February, 2027. It will hold alongside the state House…
Real Madrid striker, Kylian Mbappe, was not allowed to retake a late penalty against Real Betis on Friday night, even though Marc Batra encroached the area. As a result, Los Blancos suffered their first LaLiga defeat of the season, losing 1-0 at La Cartuja. Referee Alejandro Jose Hernandez Hernandez had awarded the kick in the 93rd minute after a foul on Vinicius Junior. Mbappe stepped up with the chance to rescue a point for Jose Mourinho’s side, but the France captain saw his effort pushed aside by goalkeeper Alvaro Valles. Recommended However, VAR reviewed the actions around the penalty, as Bartra appeared…
NEW YORK, NEW YORK – SEPTEMBER 04: Carlos Alcaraz of Spain celebrates a point against Yibing Wu of China during their Men’s Singles Third Round match on Day Six of the 2026 US Open at USTA Billie Jean King National Tennis Center on September 04, 2026 in the Flushing neighborhood of the Queens borough of New York City. (Photo by Sarah Stier/Getty Images) Carlos Alcaraz is into the second week of the US Open after beating Yibing Wu 6-3, 6-4, 6-1 on Friday. The defending champion is now into the fourth round at Flushing Meadows for the fifth time in…
The report said military, police and other forces deployed during Israel’s Operation Iron Wall offensive killed civilians, destroyed hundreds of homes, damaged roads and other infrastructure, cut off water and electricity, and blocked humanitarian access to the Jenin, Nur Shams and Tulkarem refugee camps. Israeli forces went door to door ordering residents to leave.Some displaced Palestinians told OHCHR that Israeli officers said there would be no more refugee camps and that they should “all go to Jordan”. Widespread destructionBy October 2025, 52 per cent of structures in Jenin refugee camp, 48 per cent in Nur Shams and 36 per cent in…
In January 2016, Uber ran what the ride-hailing company called a cash experiment in Lagos where riders could pay drivers in naira notes. Lagos was the third African city to try it, after Nairobi and Cairo, and Nairobi had been only the second city anywhere in the world to test cash on the platform. Uber’s then Sub-Saharan Africa general manager, Alon Lits, told Quartz at the time that Nairobi’s business tripled during the pilot and that African innovations had shaped the company’s global operations. Cash payments eventually became standard across Uber’s markets globally. A decade later, on Wednesday, September 2,…
Alexander Isak struck twice in the opening 10 minutes as Liverpool delivered a first win for new manager Andoni Iraola with a 2-0 victory at Ipswich on Friday. Isak’s Premier League record £125 million ($169 million) move from Newcastle was matched this week by Manchester City’s signing of Enzo Fernandez, but 12 months on the Swede is finally beginning to deliver on his price tag. Ipswich never recovered from a disastrous start as Liverpool cruised to victory at Portman Road with their latest £100 million signing Bradley Barcola making his debut as a second-half substitute. Victory lifts the Reds to…
Nigeria could double investment flowing into its energy sector within the next five years as global supply disruptions increase demand for reliable energy-producing countries, according to International Energy Agency (IEA) Executive Director Fatih Birol. Birol said Nigeria’s closer relationship with the Paris-based energy watchdog could help attract fresh capital into oil, natural gas, electricity and renewable energy while strengthening the country’s position in global energy markets. Speaking during a visit to Abuja, the IEA chief said his goal is to see energy investment into Nigeria at least double within five years, supported by the country’s substantial resource base and changing…
Presidential candidates Peter Obi of the Nigeria Democratic Congress (NDC) and Donald Duke of the Peoples Redemption Party (PRP) were among prominent Nigerians who joined former Governor Rotimi Amaechi of Rivers State at a memorial vigil Mass for his late mother, Mary Orduah-Amaechi, in Port Harcourt on Friday. The Mass was held at the Corpus Christi Cathedral of the Catholic Church in Port Harcourt ahead of the burial of Mrs Amaechi, who died at the age of 89. Mr Amaechi, a former Minister of Transportation, is the African Democratic Congress (ADC) vice-presidential candidate for the 2027 election. Other dignitaries spotted at the…
The United Nations General Assembly has voted to encourage governments, schools, and tech companies worldwide to stop using maps that make Africa look smaller than it is. Adopted on Friday, the resolution is the culmination of an African-led campaign against the 16th-century Mercator projection, the most widely used map in the world. Only the United States voted against the decision supported by 164 member states. Six countries – Estonia, Georgia, Lithuania, Moldova, Serbia, and Ukraine – abstained. Togo led negotiations, building on an African Union-backed campaign. Foreign Minister Robert Dussey said a fair map does not change the world’s geography, “it…
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