Author: Prima News

While walking to school as a child, Jernej Barbič would marvel at how beautiful his home was. He was born and raised in a picturesque village in northwestern Slovenia (formerly Yugoslavia), located in the European Alps. Surrounded by alpine and beech trees, Barbic dreamed of replicating their swaying in the wind for others to enjoy.At the time, he didn’t have the tools or the knowledge to create a system that could do that, but it sparked his interest in computer graphics, he says. Jernej Barbič Employer University of Southern California, in Los AngelesTitle Professor of computer scienceMember grade Senior memberAlma…

FairMoney Microfinance Bank says it is embedding regulatory compliance, data privacy and consumer protection into the design and lifecycle of its financial products as Nigerian regulators intensify oversight of digital lending and financial technology operators.Speaking during an interview attended by a NewsOnline Editor on Thursday, James Edeh, Head of Compliance at FairMoney Microfinance Bank, said the institution’s approach goes beyond responding to regulatory requirements after products have been developed.According to him, compliance, legal, risk-management, data-protection and consumer-protection considerations are incorporated from the product-development stage through customer onboarding, service delivery, complaints resolution and periodic review.  The approach aligns FairMoney’s operations with the…

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has offered whistleblowers up to five per cent of recovered assets for actionable information leading to the recovery of Nigerian assets stashed abroad. The Chairman of the anti-graft agency, Mr Ola Olukoyede, announced the incentive while delivering a lecture at the 43rd International Symposium on Economic Crime at Cambridge, United Kingdom. Mr Olukoyede urged individuals with information on monetary and non-monetary assets allegedly stolen from Nigeria and kept outside the country to approach the Commission, promising financial rewards upon successful recovery. “If any one of you is privy to where Nigerian…

By Udeme Akpan, Energy Editor A Nigerian chemical engineer, Godswill Chidiebere Agomuo, has called for increased local formulation and production of specialised oilfield chemicals, saying the move could reduce operating costs, promote technology transfer and strengthen Nigeria’s technical capacity in the oil and gas industry. At an estimated average of about $40 per barrel, Nigeria’s crude oil production costs are among the highest in the OPEC+ group, far above the bloc’s roughly $10-per-barrel average. However, Agomuo, Technical Manager at Pacegate Energy & Resources Ltd (PEARL), who has more than two decades of experience in production chemistry, said locally formulated production…

By Samuel Oyadongha, Yenagoa The Academic Staff Union of Universities (ASUU), Niger Delta University (NDU) branch, has suspended its indefinite strike following an agreement with the Bayelsa State Government on the implementation of outstanding allowances and wage award arrears. The union had embarked on the strike over the state government’s delay in implementing the Consolidated Academic Tools Allowance (CATA) and Professional Allowance. Addressing journalists on Friday in Yenagoa, the ASUU-NDU Chairperson, Lucky Bebeteidoh, said the strike was suspended following the signing of a Collective Bargaining Agreement (CBA) between the union and the state government. “The Academic Staff Union of Universities,…

Shooting Stars Sports Club made a winning start to the 2026/27 Nigeria Premier Football League (NPFL) season after beating Inter Lagos 2-1 at the Lekan Salami Stadium on Friday evening. The Oluyole Warriors started brightly and took the lead in the 14th minute through Lucky Emmanuel. The forward showed good skill inside the box after receiving the ball from a throw-in on the right. He beat his marker before firing a powerful shot past the Inter Lagos goalkeeper. Inter Lagos FC quickly responded and levelled the score just seven minutes later. Adigun Damilare connected with a well-delivered cross and made…

Key pointsHundreds remain missing after devastating floods in Nepal and China $2 million funding released by UN emergency relief chief World Health Organization (WHO) sends medicines, supplies and tents An initial $2 million has been released from the United Nations Global Emergency Fund (CERF) “to save lives with emergency medical care, shelter, water”, the UN’s relief chief Tom Fletcher said on X.In Nepal, immediate humanitarian needs are huge in the districts of Rasuwa, Nuwakot and Dhading and communities face immense challenges as families cope with loss, displacement and disruption to essential services.The UN chief pledged swift support.“The United Nations is mobilising supplies and humanitarian teams…

Scammers have always tried to trick us into handing over our hard-earned money and personal information. But generative AI is making it even easier for them. Now, with the click of a button, they can create pretty decent content that looks and sounds just like us. This is called AI impersonation, and it’s a growing problem. Celebrities, public figures and politicians are all high-profile deepfake targets. As we approach what is likely to be consequential and controversial midterm elections in November, we need to prepare now. AI-generated or synthetic media is the new norm, thanks to tech companies like OpenAI,…

The Minister of Works, Senator David Umahi, has sanctioned Hartland Construction Company and ordered the arrest of its Managing Director over incomplete performance despite receiving funding. Umahi gave the directive during a recent on-the-spot inspection of the Summit Junction-to-Head Bridge section of the Benin-Onitsha Expressway, expressing anger over the severe traffic congestion and hardship inflicted on commuters due to slow progress on the route. In a video of the inspection shared on X by user Imranmuhdz on Friday, the minister disclosed that the Federal Government paid the firm to complete 11 kilometres of road alongside channelisation and hydraulic structures, but the…

Big market moves are hard to miss. Prices spike or plunge, headlines explode, social media goes wild with hot takes, and anyone watching starts to wonder, “Am I missing something huge?” But then you see some successful traders just sit and watch. No sudden trades, no jumping in. To someone newer, it seems unwise. Why let an obvious money-maker slip by? The thing is, experience changes the way you see these wild price moves. Just because something looks exciting does not mean it is a good trade. Sometimes, doing nothing is actually the smartest move you can make. Not Every…