Author: Prima News

Picture this: A man buys land somewhere in Lagos. He pays in full, takes possession, and begins building. After some years, he tries to use the property as collateral for a business loan. The bank’s solicitors raise a problem: the governor’s consent was never obtained for the original transaction. His title is vulnerable, his ability to mortgage the property is impaired, and the transaction that he has built his financial life around exists in a legal grey zone that arguably should never have existed in the first place. He is not a victim of fraud; rather, he is a victim…

Artificial intelligence is the transformative, strategic technology of the early 21st century. It is significantly reshaping practically every aspect of our lives, including in ways that probably no one anticipated. Its rate of adoption and impact have been unprecedented when compared with other technologies.AI as a distinct field was formally established in 1956 at the Dartmouth Summer Research Project on Artificial Intelligence, proposed by John McCarthy, Marvin Minsky, Nathaniel Rochester, and Claude Shannon. In their August 1955 proposal for the research project, the scientists introduced the term artificial intelligence and envisioned machines capable of simulating human intelligence.AI is the “science…

Nigeria’s largest lenders spent more than N119bn on information technology, software, and related digital infrastructure in the first three months of 2026, indicating the growing importance of technology investments as banks deepen digital transformation efforts. An analysis of the first-quarter financial statements of four tier-one lenders—Guaranty Trust Holding Company Plc, Zenith Bank Plc, United Bank for Africa Plc and Access Bank Plc—by The PUNCH showed that their combined spending on technology rose to about N119.03bn in the period ended March 31, 2026, from N83.15bn in the corresponding period of 2025. The increase of N35.88bn represents a 43.2 per cent year-on-year…

SpaceX has secured $25 billion in fresh funding through a bond offering, extending its access to capital markets just days after a blockbuster stock market debut that underscored strong investor appetite for the aerospace company. The financing transaction comes shortly after the company completed a historic initial public offering that attracted significant attention from institutional and retail investors worldwide. The latest debt raise demonstrates SpaceX’s ability to access multiple funding channels as it pursues ambitious expansion plans across satellite communications, launch services, deep-space exploration, and next-generation technology development. Market participants said investor demand for the offering was exceptionally strong, reflecting…

…Says Africa Must Look Inward, End Raw Mineral Exports By Gabriel Ewepu ABUJA — President Bola Tinubu on Wednesday called for a united African approach to the development of the continent’s vast solid mineral resources, urging African nations to move beyond the export of raw materials and embrace value addition, industrialisation and regional collaboration. Speaking at the opening of the 2026 African Natural Resources and Energy Investment Summit (AFNIS) in Abuja, themed “One Africa, One Resource Vision,” Tinubu, represented by the Minister of Solid Minerals Development, Dr. Dele Alake, said Africa must take charge of its mineral wealth and leverage…

The National Agency for the Control of AIDS has said Nigeria is now better positioned to respond to future disease outbreaks following strategic investments made under the Global Fund’s COVID-19 Response Mechanism between 2021 and 2025. NACA stated that the intervention, which was introduced to support countries during the COVID-19 pandemic, has left behind stronger disease surveillance systems, improved laboratory networks, enhanced emergency response mechanisms and a more resilient health infrastructure capable of responding to future public health threats. The agency made this known ahead of a national close-out meeting convened in collaboration with the Global Fund and key implementing…

News » Premier League news » Manchester United newsJune 24, 2026 21:10 GMT (UK), by Sri Aswin View Man Utd summer 2026 transfer targets Spurs agree terms with Fernandes for transfer Tottenham Hotspur have now agreed personal terms with Manchester United target Mateus Fernandes ahead of a possible transfer this summer. The Portuguese has been tipped to leave West Ham United after their relegation from the Premier League. Man Utd were leading the pursuit earlier this month, but they have been reluctant to meet the £85m price tag.Spurs have now moved into pole position as they are willing to pay closer to the reported valuation.…

Gospel singer, Joshua Bamiloye has defended the faith-based film ministry founded by his father, Mike Bamiloye, insisting that Mount Zion Films does not demonise Yoruba culture or spirituality. Joshua made the remarks in a post on X on Wednesday after the announcement that Agbara Nla, one of Mount Zion’s most popular films, will return to cinemas 34 years after its original release. His response followed criticism by an X user, identified as Ìfẹ́ṣọlá (@kootujirian), who accused Mount Zion of portraying Yoruba spirituality as evil while promoting Christianity. In the post, the user wrote, “Here we go again with the same…

“You don’t know when the war will end; you don’t know when the vessel can safely pass the Strait, so it is very difficult,” Third Officer Clarisse Bangga explained (read her testimony below).   The evacuation plan is directly linked to ongoing talks between Iran and the United States on ending their conflict, in line with a Memorandum of Understanding signed by both countries last week. If successful, it will see the number of ships transiting through the Strait return to pre-war levels of around 130 per day, as opposed to the high twenties and thirties of recent three days. “Transits…

The celebration of Senator Solomon Olamilekan Adeola (Yayi)’s third anniversary as the Senator representing Ogun West Senatorial District presents an opportunity not only to reflect on his achievements but also to examine the future of our dear Ogun State and the role young people must play in shaping it. Leadership is best measured not by the number of years spent in office but by the impact made in the lives of the people. Over the last three years, Yayi has demonstrated a style of representation that is visible, people-oriented, and development-driven. Through educational support programmes, scholarships, bursaries, youth empowerment initiatives,…