Author: Prima News

The Special Offences Court in Lagos has admitted fresh documentary evidence in the ongoing trial of a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and four others over an alleged N76 billion and $31.5 million fraud. Mr Kuru is being prosecuted alongside Kamilu Omokide, Roy Ilegbodu, Union Bank of Nigeria Plc and Super Bravo Limited by the Economic and Financial Crimes Commission (EFCC). According to EFCC spokesperson Dele Oyewale in a statement on Wednesday, the defendants face a six-count bordering on conspiracy, stealing and abuse of office. The trial judge Mojisola Dada presided over…

Galatasaray striker, Victor Osimhen, scored the decisive goal for his team as they eliminated Juventus from the Champions League on Wednesday night. The Turkish champions travelled to Turin with a comfortable 5-2 advantage from the first leg. But it was the hosts who took control of the second leg. Manuel Locatelli’s penalty in the 37th minute gave Juventus the lead, before Federico Gatti doubled their advantage in the 70th minute. Weston McKennie’s late header forced the game into extra time. As the first half ended, Victor Osimhen got on the end of a pass to put Galatasaray ahead in the…

Victor Osimhen continued his remarkable UEFA Champions League campaign with his seventh goal of the season as Galatasaray S.K. sealed a commanding 7-5 aggregate victory over Juventus F.C. in their knockout play-off clash. Holding a 5-2 advantage from the first leg, Galatasaray were made to work at a packed Turk Telekom Arena, where 49,977 fans witnessed a thrilling 5-2 win on the night to complete the job in style. Although the hosts had built a healthy cushion in the tie, Osimhen once again underlined his importance on Europe’s biggest stage. The Nigerian striker was a constant menace to the Juventus…

The Managing Director of Elites Logistics Group of Companies, Otunba David Adesanya, the Director General of the Nigerian Television Authority, Salihu Abdulhamid Dembos and the Managing Director of African Independent Television Mrs. Oluwatosin Dokpesi were some of the awardees as the Actors Guild of Nigeria, FCT Chapter hosted the maiden edition of the Nollywood Awards at a Gala Night that was dotted with pomp and pageantry.  Otunba David Adesanya bagged the Nollywood most dynamic and innovative CEO in renewable energy and job creation Award, the DG of NTA took home the Nollywood most Supportive media Executive of the…

“Four years ago, people in Europe woke up in another world because generations like mine have always had the privilege to live a life in peace,” Ms. Baerbock told journalists in Geneva. “But this changed four years ago with the full invasion [by] Russia, of the neighbouring country of Ukraine.”Echoing the UN Secretary-General’s assessment that the ongoing war “is a stain on our collective consciousness”, UN aid officials emphasised the immense human and economic toll of the conflict, while also appealing to the world to “never get used to war”. Reports on Tuesday indicated that Russian drone attacks injured at least five…

There is no election that does not matter to serious politicians. For the focused and strategic ones, every election — whether at the grassroots or at the national level — is seen and approached as a test of political strength. That is why whenever elections approach, words like “capturing” and “do-or-die”, among others, are used so loosely in our political lexicon. Last weekend’s elections in the Federal Capital Territory’s area councils, as well as the contests in Kano and Rivers states, were not exceptions. They may have been local in scope, but they were national in implication. In Nigeria, no…

South Africa’s National Treasury plans to accelerate data centre growth and strengthen the country’s position as a digital infrastructure hub for the continent. Finance Minister Enoch Godongwana said the government now views data infrastructure as essential to the economy, comparing it to electricity, ports, and transport networks. “The use of data and artificial intelligence has become critical for the future development of economies worldwide,” Godongwana said in his 2026 budget speech on Wednesday. “Data infrastructure should be considered as critical as electricity, ports and transport networks.” The minister added that the National Treasury would explore options to help data centres…

The Ogun State Government has officially inaugurated a 15-member Joint Monitoring Committee in a move to eliminate environmental pollution and address the alarming reports of lead poisoning in the Ogijo axis. The committee, according to a statement issued on Wednesday, is tasked with providing localised oversight and serving as a critical watchdog over the operations of Used Lead Acid Batteries (ULAB) recycling facilities within the community. A group photograph of participants at a meeting of the 15-member Joint Monitoring Committee to tackle lead poisoning in Ogun State, Wednesday, February 25, 2026. | Credit: Ogun State Ministry of Environment. Inaugurating the…

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark interest rate to 26.5 per cent, a move members of the Organised Private Sector described as minimal but a positive signal for businesses and the broader economy. At the end of its 304th meeting in Abuja, the MPC cut the Monetary Policy Rate by 50 basis points from 27 per cent to 26.5 per cent. All 11 members of the committee were in attendance. The CBN Governor, Olayemi Cardoso, announced the decision on Tuesday. “The committee decided to reduce the monetary policy rate by 50 basis…

Four witnesses gave their evidence virtually on Wednesday in the Federal High Court in Abuja in the opening trial of former Minister of Petroleum Diezani Alison-Madueke at Southwark Crown Court in the UK. The proceeding was taken virtually by Justice James Omotosho in accordance with the Mutual Assistance in Criminal Matters Act, 2018, and other applicable laws. The hearing was based on a request from the UK Central Authorities for witnesses to testify from Nigeria to the trial court where Mrs Justice Thornton is the presiding judge. The News Agency of Nigeria (NAN) reports that the charge, marked CS/72/2026, on…