Author: Prima News

Nigeria’s foreign exchange utilisation rose to $18.34 billion in the second quarter of 2026 with financial services accounting for more than half of total demand. The increase comes as the Central Bank of Nigeria (CBN) reduces its direct dollar sales, leaving autonomous foreign exchange inflows to play a greater role in meeting demand from banks, businesses and other market participants. According to foreign exchange market data compiled from CBN records, total utilisation increased by 12.84% from $16.25 billion in the first quarter and 52.42% from $12.03 billion in the corresponding period of 2025. At $18.34 billion, quarterly utilisation reached its…

The Nigerian Safety Investigation Bureau (NSIB) has begun an investigation into an incident involving a foreign-registered aircraft operated by Triton Aviation after the airline’s crew reported that a door of the aircraft opened mid-air shortly after taking off from Abuja on Thursday. The Challenger 604 aircraft, with registration number T7-SEI, departed the Nnamdi Azikiwe International Airport on Thursday for Lagos. It was about three nautical miles from the airport, climbing through 3,500 feet, when its crew declared a Mayday emergency, according to the NSIB. The aircraft returned to Abuja and landed safely on Runway 22 at 16:34 Coordinated Universal Time…

Świątek had to work harder in the opening set, with Li putting up a fight before the world-class Polish player pulled ahead to claim it 6-4. However, the second set was a more one-sided affair as Świątek raised her level and took control of the match, winning 6-1 to complete the victory in straight sets. The result highlighted Świątek’s ability to adjust during a match and turn a competitive contest into a convincing performance. Her aggressive baseline game, consistency, and ability to apply pressure proved decisive as she moved one step closer to the Wuhan title. Reaching her 25th WTA…

Benefiting from these changes often requires specialised skills and access to the latest technologies, putting disadvantaged groups at risk of being left behind.Women, young people, older persons, persons with disabilities, migrants, Indigenous Peoples and low-income communities are particularly vulnerable, the report stresses, outlining recommendations for governments to ensure these transformations benefit everyone. Inclusion is a priority Social inclusion is a moral imperative, but it is also an economic necessity, the report from the UN Department of Economic and Social Affairs (DESA) underlined.It found that expanding opportunities to marginalised groups enlarges the productive workforce, strengthens human capital, increases innovation and entrepreneurship, improves labour…

One of the singular features of Baotou, an industrial city of 2 million people in Inner Mongolia, is a 10-square-kilometer (4-square-mile) lake that is among the most polluted in the world. The artificial lake, referred to by the name of the dam associated with it, Weikuang Dam (or Baogang Tailings Dam), has for decades collected the effluent from minerals processing for China’s globally dominant iron, steel, and rare-earths industries.Built in the late 1950s, the lake contains a highly toxic stew of industrial chemicals with substantial amounts of radioactive thorium, the latter resulting primarily from the processing of monazite ores for…

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone A, has called for stronger collaboration with the Nigeria Police Force and other security agencies to combat smuggling and other trans-border crimes. The Acting Comptroller of FOU Zone A, Deputy Comptroller Oladapo Olukayode Afeni, made the call during a familiarisation visit to the Lagos State Police Command Headquarters, Ikeja, as part of efforts to strengthen inter-agency cooperation. According to a statement issued by the unit’s Public Relations Officer, Chief Superintendent of Customs Hussaini Abdullahi, on Friday, the visit commenced on Wednesday, October 14, 2026, and formed part of a broader…

By Adedapo Adesanya Nigerian businessman, Mr Tony Elumelu, is seeking to boost his investments in the energy sector through a proposed $15 billion infrastructure pipeline for West Africa. The investment pipeline, developed under the West Africa Infrastructure Investment Summit (WAIIS), covers energy, trade, industrialisation, strategic minerals, agriculture and digital infrastructure. According to reports, 170 project proposals were submitted from more than 10 countries, with 26 projects valued at over $10 billion shortlisted for further consideration. The portfolio is expected to grow to more than $15 billion as additional projects are developed. The WAIIS summit, convened by Sierra Leone’s President Julius…

Some Nigerians on social media have threatened to boycott Davido’s three December concerts in Lagos after Osun State Governor Ademola Adeleke endorsed President Bola Tinubu for a second term. The backlash followed Mr Adeleke’s appointment as the Osun coordinator of Mr Tinubu’s 2027 presidential campaign, a development that surprised some supporters because the governor belongs to the Accord Party. PREMIUM TIMES earlier reported that Mr Adeleke pledged his support for the president during the All Progressives Congress Presidential Campaign Council inauguration at the State House in Abuja on Wednesday. The governor said Mr Tinubu needed another four years to consolidate…

News » Premier League news » Arsenal newsOctober 15, 2026 22:27 GMT (UK), by Sri Aswin View Arsenal transfer targets Nusa to the Gunners in Jan? Arsenal are weighing up a move for RB Leipzig winger Antonio Nusa as they look to bolster their left-wing department, according to Football Insider. The Gunners were eager to land a marquee winger in the last transfer window, but were unsuccessful in their pursuit. Morgan Rogers was the first target for the club, but he ended up joining Chelsea from Aston Villa.The London giants then focused on landing Real Madrid star Vinicius, but he ended up signing a…

UN agency heads are calling for emergency support to stem the crisis, as a separate report details serious human rights violations – from public floggings to a new ban on demonstrations.Key points15.9 million Afghans are facing acute food insecurity3.4 million are experiencing emergency food insecurity conditions, which precedes famine, and conditions are expected to worsenNew UN report on human rights in Afghanistan reveals serious violations, from public floggings to a fresh ban on demonstrations Crisis-level hungerRecord acute malnutrition levels for the August–October period have seen hunger levels grow for millions of Afghans – according to the Integrated Food Security Phase Classification (IPC), a…