Author: Prima News

By Adedapo Adesanya The Naira depreciated further against the United States Dollar by N1.76 or 0.13 per cent on Friday in the Nigerian Autonomous Foreign Exchange Market (NAFEX) to close at N1,33.42/$1, in contrast to the N1,353.66/$1 it was exchanged a day earlier. However, the Naira appreciated against the Pound Sterling in the same market window yesterday by N5.05 to trade at N1,844.59 versus Thursday’s closing price of N1,849.64/£1, and against the Euro, it improved by 75 Kobo to quote at N1,60/€1 versus the previous day’s N1,608.68/€1. At the GTBank FX desk, the domestic currency lost N6 on the US…

When the Senate passed the 2022 Amendment Act Bill recently, many Nigerians, political activists, CSO and opposition politicians expected it to close the various gaps exposed in the 2023 general elections. Many Nigerians earnestly look forward to a major reform of the electoral act to a legal backing for “real time” transmission of results but the Upper legislative chamber rejected “realtime” transmission of election results thereby extinguishing the expectations of the Nigerian people and accountability framework. This rejection by the Senate caused a public uproar, outrage and reopen distrust, transparency and credibility of future elections. Critics and opposition political parties…

MicroVision, a solid-state sensor technology company located in Redmond, Wash., says it has designed a solid-state automotive lidar sensor intended to reach production pricing below US $200. That’s less than half of typical prices now, and it’s not even the full extent of the company’s ambition. The company says its longer-term goal is $100 per unit. MicroVision’s claim, which, if realized, would place lidar within reach of advanced driver-assistance systems (ADAS) rather than limiting it to high-end autonomous vehicle programs. Lidar’s limited market penetration comes down to one issue: cost.Comparable mechanical lidars from multiple suppliers now sell in the $10,000…

Speaking to reporters from Madagascar’s capital Antananarivo, WFP Country Director Tania Goossens said some 400,000 people are facing acute humanitarian needs after the island was hit by back-to-back cyclones in the space of three weeks.Ms. Goossens recently returned from a mission to the port city Toamasina (also known as Tamatave), the country’s second largest urban centre, where Gezani made landfall on Tuesday evening with wind gusts of up to 250 kilometres per hour.“The scale of the destruction is really overwhelming,” Ms. Goossens insisted.Nearly 40 deathsShe said that according to the authorities, 80 per cent of the city has suffered damage…

The critically acclaimed drama series “Shogun” has dominated the Emmy award nominations announced on Wednesday, earning an impressive 25 nods and transporting viewers back to early 17th-century Japan. The series, adapted from James Clavell’s historical fiction novel, has captivated audiences with its portrayal of the intricate and deadly court politics of feudal Japan. “The Bear” set a new record in the comedy category with 23 nominations, surpassing “Only Murders in the Building,” which garnered 21 nods. In the limited or anthology series section, “True Detective: Night Country,” starring Jodie Foster, led the pack with 19 nominations. How my Husband died…

Anna Kalinskaya has spoken openly about her early development years, revealing that intense training demands during her time at the Mouratoglou Tennis Academy led to a recurring back injury that still affects her career today. Kalinskaya shared her experience on the BB Tennis podcast while speaking with former doubles world No. 1 Elena Vesnina earlier in the week. She acknowledged the quality of the academy’s facilities but said the physical demands placed on players were overwhelming for her at that stage. “I went to the Mouratoglou Academy; they had good facilities, lots of courts and an amazing gym. I stayed…

By Adeola Badru Pan-Yoruba socio-political organisation, Afenifere, has expressed grave concern over persistent terrorist attacks in states bordering the South-West, warning that the development is heightening fears of a full-scale incursion into Yorubaland. In a statement issued by its National Publicity Secretary, Jare Ajayi, the organisation said repeated attacks in Kwara, Kogi and Niger states, alongside recent kidnappings in Ondo, Ekiti and Oyo states, presented a deeply troubling security trajectory. Afenifere recalled that heavily armed bandits who invaded Woro and Nuku communities in Kaiama Local Government Area of Kwara State penultimate week reportedly killed nearly 200 people and abducted several…

By Adedapo Adesanya The Naira depreciated further against the United States Dollar by N1.76 or 0.13 per cent on Friday in the Nigerian Autonomous Foreign Exchange Market (NAFEX) to close at N1,33.42/$1, in contrast to the N1,353.66/$1 it was exchanged a day earlier. However, the Naira appreciated against the Pound Sterling in the same market window yesterday by N5.05 to trade at N1,844.59 versus Thursday’s closing price of N1,849.64/£1, and against the Euro, it improved by 75 Kobo to quote at N1,60/€1 versus the previous day’s N1,608.68/€1. At the GTBank FX desk, the domestic currency lost N6 on the US…

INEC has announced 2027 presidential election date and released full timetable. NewsOnline Nigeria reports that the Independent National Electoral Commission (INEC) has officially announced the timetable and schedule of activities for the 2027 general elections. Speaking at a press conference in Abuja on Friday, INEC Chairman, Prof. Joash Amupitan, dismissed earlier reports suggesting that the Commission had already released the election timetable, clarifying that the official notice is being formally issued in accordance with constitutional provisions. According to him, Presidential and National Assembly elections will hold on February 20, 2027, while Governorship and State House of Assembly elections are scheduled…

In 2025, Selar, an e-commerce startup that helps creators sell products, paid out over ₦18 billion ($12.8 million) to its African users. While the numbers might look good in isolation, the added context that this came within a decade of the startup’s launch and is almost double 2024’s ₦9 billion ($6.6 million) in payouts shows how far the bootstrapped startup has come.  Like many African startups, reaching these milestones was far from straightforward. Douglas Kendyson, the company’s founder and CEO, told TechCabal that when he launched the business, he had no fixed blueprint for what it would become. Instead, constant…