Author: Prima News

The Dollar to Naira black market exchange rate edged higher on Friday, May 8th, 2026, as renewed demand for foreign currency resurfaced across Nigeria’s parallel foreign exchange market at the close of the week. As of today, black market operators are buying the United States Dollar at ₦1,390 and selling at ₦1,400, reflecting a ₦10 spread between the buying and selling rates. The movement represents a modest increase compared to the previous session and signals continued volatility within the informal forex segment. The Dollar to Naira exchange rate remains one of the most searched financial indicators in Nigeria due to…

Chidozie Awaziem endured a heartbreaking night on Friday after FC Nantes were officially relegated from Ligue 1 following a painful 1-0 defeat to RC Lens at the Stade Bollaert-Delelis. The result confirmed Nantes’ drop into Ligue 2 with one match still remaining this season, ending the club’s 13-year stay in the French top flight since earning promotion during the 2012-13 campaign. Despite their rich history as eight-time French champions, Nantes could not escape the relegation battle after a disastrous league campaign left them stranded on 23 points; five behind AJ Auxerre in the relegation play-off position, making survival mathematically impossible.…

The Association of Industrial Pharmacists of Nigeria has called for deeper collaboration among industry players, regulators and investors to strengthen local pharmaceutical manufacturing and reduce the country’s growing dependence on imported medicines. The association made this known on Tuesday at a press conference in Lagos, where it announced its 29th Annual National Conference and Training, scheduled to hold in Ilorin, Kwara State. The chairman of the association, Pharm Bankole Ezebulu, said the four-day event, themed “Collaboration and Innovation: Building Local Solutions for the Future of the Nigerian Pharmaceutical Industry,” would bring together government officials, regulators, investors, academics and pharmaceutical stakeholders…

Nigerian music star Burna Boy is set to appear on one of football’s biggest global stages after joining Colombian pop star Shakira on the official song for the 2026 FIFA World Cup. Shakira on Thursday shared short clips of the new World Cup anthem titled Dai Dai, with the full song expected to be released on May 14 ahead of the tournament. The expanded competition will be hosted by Mexico, the United States and Canada from June 11 to July 19, 2026. The teaser video, shared on Instagram from the Maracanã Stadium, showed Shakira and Burna Boy performing with dancers…

The winner of the 2023 edition of Big Brother Naija All Stars, Ilebaye Odiniya, sparked concern among fans after appearing in an emotional live video in the early hours of Saturday, showing her being assaulted by some men. In the video circulating on social media, the reality TV star was seen crying and pleading for help while displaying visible swelling on her face. Ilebaye repeatedly called on people to come to her aid as the disturbing incident unfolded during the livestream. “Come and open the door, I want to be going,” she was heard saying in part, while at other…

It comes after the DPRK – more commonly known as North Korea – launched a new five-year military development plan this year, which is in violation of multiple Security Council resolutions, noted Under Secretary-General Rosemary DiCarlo.‘New arsenals’Pyongyang’s strategy to keep developing “new secret arsenals” and assets is also a challenge to global nuclear disarmament efforts, including the Treaty on the Non-Proliferation of Nuclear Weapons, she told ambassadors.Security Council resolution 1718 (2006) provided a framework for targeted sanctions on North Korea including an arms embargo. However, support for sanctions from the international community remains in doubt after permanent member Russia vetoed a Security Council…

Speaking to the press against the backdrop of Pope Leo’s visit to the African continent recently, the Cardinal of the Catholic Church, Rabat, Morocco, Cristóbal López Romero, made an observation. He says the small number of members in North Africa is never a bad thing; if they do what their faith requires of them, then small is good. I nodded in agreement. The cardinal compares the situation in North Africa to the large numbers of religionists throughout Europe that, according to him, live in a state of “calamity, because there is a decline in those who adhere” to the faith.…

Nigeria is now Airtel Africa’s second-biggest market by revenue earned from each subscriber, as higher telecom tariffs boosted earnings in the company’s largest African market.  Airtel Africa, which operates in 14 countries, grew its average revenue per user (ARPU) in Nigeria by 41.18% for the financial year ended March 2026, according to the company’s financial results released on Friday.  ARPU measures how much telecom operators earn per subscriber and is a key indicator of whether revenue is sufficient to cover operating costs and fund network investments.  The rise in revenue earned from each subscriber marks a reversal for Airtel Africa…

APC Governors has splitted as rival factions emerge in Progressive Governors Forum. NewsOnline Nigeria reports that fresh cracks have reportedly emerged within the ruling All Progressives Congress following the alleged factionalisation of the Progressive Governors Forum (PGF). The division reportedly surfaced after the forum’s chairman and Governor of Imo State, Hope Uzodimma, was said to have been removed from his position on Thursday.  Despite the reports, Uzodimma has reportedly maintained that he remains the authentic chairman of the PGF. Meanwhile, Governors Dapo Abiodun of Ogun State and AbdulRahman AbdulRazaq of Kwara State are said to be leading a separate faction within the forum. Reports indicated…

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