Author: Prima News
According to Bloomberg, U.S. Commerce Secretary Howard Lutnick has, in a series of recent meetings, told senior ASML executives he’s concerned that one of the Dutch chipmaker’s extreme ultraviolet lithography machines — the EUV systems that are the only tools on Earth capable of printing the most advanced semiconductor patterns — may have ended up in China. That would be a major breach of export controls that have barred ASML from selling EUV to China since the first Trump administration. It’s a serious claim. Senior administration officials told Bloomberg they have evidence that ASML shipped EUV-related components and transport equipment…
NGX Raises Trading Thresholds For Price Changes In Premium Stocks Under New Rule Amendments
The Nigerian Exchange Limited (NGX) has introduced amendments to its dealing members’ rules that could significantly alter how share prices are determined in the equities market, particularly for high-value stocks. The revised framework increases the minimum volume of shares required to influence the quoted market price of certain equities, a move aimed at strengthening price discovery, improving market integrity and reducing the impact of insignificant trades on stock valuations. Under the amendments, equities listed on the Exchange will continue to be classified into three categories based on their market prices. However, the threshold for transactions capable of changing the published…
President Bola Tinubu has announced that Nigeria has secured more than 449,000 metric tonnes of fertiliser inputs—equivalent to about nine million bags—to support agricultural production and strengthen food security across the country. The president disclosed this in a statement posted on his official X account on Thursday, describing the development as part of broader measures by his administration to fulfil its commitment to making Nigeria food-secure. “As of May 2026, more than 449,000 metric tonnes of fertiliser inputs, equivalent to about nine million bags, had been secured, with 10 vessels discharged or in transit,” Mr Tinubu said. He recalled that…
The Kwara State Government has prohibited all public and private schools in the state from organising or conducting graduation, valedictory or similar end-of-session ceremonies for students. The directive is contained in a letter signed by a director in the Ministry of Education and Human Capital Development, Mrs Bunmi Osanupin, on behalf of the commissioner, Dr Lawal Olohungbebe. The letter was addressed to the Chairman, State Universal Education Board (SUBEB), Prof. Raheem Adaramaja and made available to the News Agency of Nigeria (NAN) on Friday in Ilorin. According to the letter, the decision was taken in view of the prevailing security…
News » Premier League news » Chelsea newsJune 18, 2026 19:42 GMT (UK), by Sri Aswin View Chelsea summer 2026 transfer targets Chelsea want to land Cambiaso Chelsea have entered talks with Juventus over the potential transfer of full-back Andrea Cambiaso, according to Corriere dello Sport. The Blues recently parted ways with Marc Cucurella. The left-back returned to Spain with Real Madrid in a deal worth £52 million.There is also speculation that Malo Gusto could leave for the right price. The Frenchman is not considered an indispensable figure.Amidst this, Corriere dello Sport reveal that the Blues have opened talks with the Bianconeri over Cambiaso, who can…
Global fisheries and aquaculture production reached a record 188.2 million tonnes in 2024, cementing seafood’s role as a critical source of nutrition and income for billions of people, according to The State of World Fisheries and Aquaculture 2026.For the first time, aquaculture now accounts for the majority of fish destined for human consumption, a historic shift with profound implications for food security and environmental sustainability. The study shows that aquatic foods supply essential proteins, omega-3 fatty acids, vitamins and minerals that are difficult to obtain from other sources, particularly for vulnerable populations in low-income countries.Aquaculture’s ascentPer capita fish consumption has…
Women Empowerment and Legal Aid has called for a comprehensive audit of funds allocated to the Safe Schools Initiative, questioning the programme’s effectiveness more than a decade after its launch. In a statement on Thursday by its Chairperson, Funmi Falana (SAN), the group expressed concern over the recurring attacks on schools and the abduction of students, saying Nigerians deserve an account of how funds earmarked for school security have been utilised. In 2014, the Safe Schools Initiative was established by the Federal Government in collaboration with private sector stakeholders and international partners following the abduction of 276 schoolgirls from Government…
A new global study has revealed a widening gap between ambition and execution in the push towards industrial digital ecosystems, with most organisations prioritising collaboration but struggling to share data effectively. According to the inaugural Industrial Intelligence Report on Digital Ecosystems and the Future of Connected Industries, launched by AVEVA in collaboration with the IMD Business School, 74 per cent of industry leaders consider digital ecosystems a top strategic priority. However, only 27 per cent report sharing data extensively with ecosystem partners. The report, which draws on insights from more than 275 senior leaders across 12 industry sectors, highlights a…
The Maltina Teacher of the Year 2025, Serah Yusuf, has unveiled a new initiative aimed at improving access to quality education for children in underserved and slum communities. The Sustainable Education and Empowerment through Digital Foundation, unveiled in Abuja, according to Yusuf, is a platform focused on transforming slum communities through education, digital literacy, mentorship, leadership development and empowerment programmes. Serah of Wisdom International School of Excellence in Abuja was, in November 2025, announced as the winner of the N10m grand prize at the grand finale of the 11th edition of the Maltina Teacher of the Year competition, held in…
Rand Merchant Bank has concluded a landmark cross-border infrastructure project deal to finance critical regional transport assets from Nigeria to the Niger Republic. The bank acted as the Global Coordinator and initial Mandated Lead Arranger for the provision of $1.8bn to the Ministry of Finance for the development, construction and commissioning of the 374km Kano-Maradi railway project. The project team, according to the bank’s statement, worked alongside the ministry to arrange funding from multiple sources, including development finance institutions and local currency financiers. The Executive Director and Head of Investment Banking at RMB Nigeria, Chidi Iwuchukwu, said, “This pivotal transaction…
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