Author: Prima News

The British pound weakened on Monday as political uncertainty in the United Kingdom combined with rising expectations of further interest rate cuts to pressure the currency across major pairs. Sterling fell sharply against the euro, sliding to 87.22 pence from around 86.80 pence earlier in the session, its weakest level in nearly two weeks. The move reflected growing investor caution as political developments in London unsettled UK assets. Against the U.S. dollar, the pound dipped to $1.3607, down from approximately $1.3635 before selling pressure emerged. While the decline against the dollar was more modest, traders said sentiment toward sterling remained…

The Alaafin of Oyo, Oba Akeem Owoade, has been summoned to appear in person or through legal representation in a suit instituted against him by some princes of Oyo at the Oyo State High Court sitting in Oyo town. The claimants, Ladigbolu Adegboyega, Owoade Tesleem, Adeyemi Adesina and Adeyemi Adebayo, filed the suit marked HOY/18/2026, seeking several declaratory and injunctive reliefs against the monarch. In the suit, the princes are asking the court to grant an order of perpetual injunction restraining the Alaafin, “either by himself, his servants, privies or any other person or persons whosoever,” from appearing at, attending,…

The Federal Government has begun implementing key welfare provisions of its renegotiated agreement with the Academic Staff Union of Universities, including salary-related allowances. This was contained in a statement issued on Monday by the Director of Press and Public Relations at the Federal Ministry of Education, Boriowo Folasade. According to the statement, the implementation reflects President Bola Tinubu’s commitment to agreements reached with stakeholders in the education sector and to sustaining industrial harmony in public universities. The statement noted that the Minister of Education, Dr Tunji Alausa, announced that the government had commenced the 40 per cent increase in the…

The identities of the Nigerian Army commander, three officers, and 12 soldiers who were killed by attackers in Delta community have been revealed. The Defence Headquarters shared their photos and names on X account on Monday. The fallen soldiers, serving with the 181 Amphibious Battalion, were on a peace-keeping mission to quell community clashes in Bomadi Local Government of Delta State when the incident occurred. Their names are: – LT COL AH ALI COMMAND OFFICER 181 AMPHIBIOUS BATTALION NIGERIAN ARMY – Maj SD Shafa (N/13976) – Maj DE Obi (N/14395) – Capt U Zakari (N/16348) – SSgt Yahaya Saidu (#3NA/36/2974)…

Nigerian music star Ayodeji Ibrahim Balogun, popularly known as Wizkid, has unveiled the tracklist for his much-anticipated sixth studio album, Morayo. The album, a follow-up to his 2022 release More Love, Less Ego, is deeply personal, serving as a tribute to his late mother, Morayo, who passed away in 2023. Scheduled for release on November 22, 2024, the project reflects Wizkid’s heartfelt connection to family and his evolution as an artist. The album features great artistes globally such as Asake, Brent Faiyaz, Tiakola, Anais and Jazmine Sullivan. Ahead of the album’s debut, Wizkid has already treated fans to two standout…

Wikki Tourists Technical Adviser Abdul Maikaba has stepped down from his role with immediate effect, citing internal disunity and concerns for his personal safety. In a resignation letter dated February 9, 2026, and addressed to the club chairman, Maikaba said constant disagreements among stakeholders made it difficult for the team to achieve its objectives. The experienced coach also revealed that he had received several threats to his life while carrying out his duties, both through physical confrontations and on social media. He said the hostile environment forced him to resign after consulting with his family. According to Maikaba, the situation…

By Shina Abubakar, Osogbo Following allegations trending on social media that the Independent National Electoral Commission, INEC, registered some underage students as voters, the commission has denied the story, saying its staff registered prospective voters solely on the provision of the law. INEC spokesperson in Osun State, Musa Olurode, in a statement on Monday, described the trending video of some students being registered in Ede North Local Government Area of the State as a ruse, saying staff did not register any underage students. “The Commission wishes to categorically refute this allegation as false and misleading. While it is correct that…

The African Democratic Congress has vowed to wrest power from the ruling All Progressives Congress in Yobe State and at the national level in the 2027 general elections. A former Minister of Police Affairs and ADC leader in Yobe State, Adamu Waziri, made the declaration on Monday while commissioning the party’s zonal and local government secretariats in Damaturu, Tarmuwa, and Bursari Local Government Areas of the state. According to Waziri, the commissioning of the secretariats is part of a wider strategy to strengthen the party’s grassroots structures and position the ADC as a credible alternative to the APC. He said…

South Korean regulators have launched an investigation into a major cryptocurrency exchange after a system malfunction temporarily showed users holding Bitcoin worth more than $40 billion that did not actually exist, raising fresh concerns about internal controls in the country’s digital asset market. Authorities said the incident stemmed from a technical error that caused account balances to reflect large quantities of Bitcoin that were never issued or backed by real assets. The phantom holdings, described by regulators as “ghost Bitcoin,” appeared during a promotional activity and were visible to users before the error was identified and corrected. The probe is…

A total of 34,060 amounting to over 50 per cent of candidates who sat for the National Business and Technical Examinations Board  November/December 2025 examinations passed with credits in English Language and Mathematics. Speaking during the release of the examination results in Benin City, Edo State on Monday, the Registrar and Chief Executive Officer of NABTEB, Dr. Mohammed Mohammed, said the National Business Certificate and National Technical Certificate (NBC/NTC), as well as the Advanced National Business Certificate and Advanced National Technical Certificate (ANBC/ANTC) examinations, were conducted in 2,079 centres across the country from Monday, November 3, 2025 to Saturday, December…