Author: Prima News

The Central Bank of Nigeria (CBN) took N4.72 trillion from investors through Open Market Operations in two days after demand for its short-term securities reached N8.62 trillion, more than four times the N2 trillion initially placed on offer. The scale of the bids recorded on August 26 and 27 showed the depth of funds seeking high-yielding naira assets as the apex bank intensified efforts to keep excess money from building up in the financial system. Four maturities were sold during the period, ranging from 96 to 152 days with rates between 19.32 percent and 19.90 percent. Demand was particularly concentrated…

The Nigeria Immigration Service (NIS) has announced a special passport intervention exercise for Nigerians living in the United Kingdom. The exercise will allow Nigerians residing in the UK to access passport services at specific locations over a period of time. According to the NIS, the exercise aims to help Nigerians obtain new passports, renew existing ones, and resolve pending passport applications. The agency disclosed in a statement on Monday that the services are scheduled to take place in London, Manchester, Aberdeen and Cardiff in September. In London, the exercise will be held in Layali Lounge, Trent Park, Bramley Road, London…

Bukayo Saka scored the only goal of the match as Arsenal defeated Aston Villa 1-0 in the Premier League on Monday night. The Gunners had lost 2-1 at Villa Park last season and arrived in the Midlands looking to exact revenge. Mikel Arteta’s men opened their campaign with a 3-0 thrashing of Coventry City, but had to battle for maximum points against Villa. The first half ended without goals, as both sides failed to record any shot on target. Recommended Saka bundled home the winner after a fine move down the left side of attack. Arsenal are now joint-top of…

Bukayo Saka scored the only goal of the game as Arsenal secured a narrow 1-0 victory over Aston Villa. The Gunners had to work hard for the three points, with Villa defending well for long periods before Saka finally broke the deadlock in the second half. Saka was one of Arsenal’s best players on the night and received a rating of 8/10 from BBC Sport, alongside left-back Riccardo Calafiori, who also earned an 8 after providing the assist for the winning goal. Calafiori was praised for his attacking contribution, while Saka was described as a key player for Arsenal despite…

Key pointsUN agencies concerned about deadly attacks in civilian areasIsraeli strikes destroyed over $770,000 in nutrition supplies and damaged critical water infrastructure serving thousands, the UN Children’s Fund (UNICEF) reportedThe World Health Organization (WHO) evacuated 106 patients and 132 companions from Gaza in the past week, but thousands more await medical evacuationAccording to UNICEF, the four children – aged two to 16 – were reportedly killed in separate strikes, including one who died of wounds sustained last week.On Tuesday, five children – aged eight to 17 – were reported hit by live fire or shrapnel following strikes and suffered life-changing…

Allawee, a Nigerian card-issuing fintech, will close its business and personal account services on December 1, 2026, after Paystack acquired the company in 2025 in a deal that was not publicly announced, according to emails sent to Allawee customers. In two emails seen by TechCabal, Allawee said its technology now operates within Paystack and told customers that “any payment sent to your Allawee account number from December 1 will fail,” adding that its cards will stop working regardless of the expiry date printed on them. Allawee is the second fintech brand Paystack has acquired and folded into its operations this…

IIF is set to host 9th Impact Investing Summit on unlocking institutional capital for Nigeria’s economy. NewsOnline Nigeria reports that the Impact Investors Foundation will convene investors, policymakers, entrepreneurs and development institutions in Lagos to explore strategies for unlocking institutional capital for Nigeria’s impact economy.The ninth Annual Convening on Impact Investing is scheduled for November 25 and 26, 2026, and will bring together philanthropists, academics, financial institutions and other stakeholders in the impact-investing ecosystem.Themed “Unlocking Institutional Capital for Nigeria’s Impact Economy,” the summit will address the limited participation of large domestic institutional investors in financing businesses and sectors capable of driving…

By Adedapo Adesanya Nigeria’s economy grew by 4.43 per cent year-on-year in ​the second quarter of 2026 ‌from the 3.89 per cent recorded in the preceding quarter. According to data from the National Bureau of Statistics (NBS) on Monday, the country’s Gross Domestic Product (GDP) was buoyed by growth in ​both the oil and non-oil sectors ​compared with the first quarter of the year. The country’s economy expanded by 3.87 per cent in real terms in 2025 compared with 3.38 per cent in 2024. ​The 4.43 per cent print was higher than the 4.23 per cent recorded in the second…

By Efe Onodjae Former Super Eagles striker, Obafemi Martins, has expressed confidence in Seyi Tinubu’s leadership potential, suggesting that the Nigerian businessman could one day become president of the Nigeria Football Federation, NFF. Martins made the remarks while speaking on the Mikel Obi podcast, where he described Seyi as young and someone who understands what Nigerians want. According to Martins, although Seyi is not currently the president of the NFF, he believes the businessman is already making efforts that could position him for a leadership role in Nigerian football. “I think Seyi Tinubu can be the president of NFF. He’s…

The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has questioned why President Bola Tinubu is seeking to withhold records concerning his past from a foreign court, saying Nigerians deserve answers on matters of public interest. Obi raised the issue in a statement posted on his official social media page on Monday, August 31, 2026, where he expressed concern over the reported legal move and issues surrounding the President’s educational records. The presidential candidate said a sitting President should have the courage to confront questions about his past rather than prevent such records from being subjected to legitimate scrutiny.…