Author: Prima News

By Dipo Olowookere The chief executive of the Nigerian Exchange (NGX) Limited has stressed the need to broaden women’s involvement in the capital market. Speaking on Tuesday at the closing gong ceremony to commemorate International Women’s Day 2026 in Lagos, he submitted that, “When more women participate in the market as investors and professionals, we deepen the market and strengthen the foundation for sustainable growth.” The NGX Group Plc partnered with the Central Securities Clearing System (CSCS) Plc, and the Women in Management, Business and Public Service (WIMBIZ) to observe the global Ring the Bell for Gender Equality initiative in…

Among the countless blessings of Ramadan, none is greater or more spiritually significant than Laylatul Qadr—the Night of Decree or the Night of Majesty. This sacred night embodies the vast mercy of Allah and represents an extraordinary opportunity for believers to seek forgiveness, renewal, and divine blessings.Allah highlights the greatness of this night in the Qur’an: “Indeed, We sent it [the Qur’an] down during the Night of Decree. And what will make you know what the Night of Decree is? The Night of Decree is better than a thousand months.” (Qur’an 97:1–3)The revelation of the Qur’an began on this night,…

As petroleum product prices continue to surge on the back of the ongoing Middle East crisis, Minister of Finance Wale Edun has defended the hike, describing current prices as a reflection of market realities and urging Nigerians to be grateful that the country now possesses the capacity to refine crude oil locally. Edun made the remarks during an exclusive interview aired on Wednesday’s edition of Channels Television’s Politics Today, as rising fuel costs continue to drive up transportation expenses and compound the economic pressures faced by ordinary Nigerians. “The market price for petroleum products is what has been instilled by…

Holders Paris Saint-Germain produced a strong performance to defeat Chelsea FC 5–2 in the first leg of their UEFA Champions League Round of 16 tie on Wednesday night. In another big match, Real Madrid CF also took a big step towards the quarter-finals after beating Manchester City FC 3–0, with captain Federico Valverde scoring all three goals. Norwegian club Bodø/Glimt continued their impressive run with a 3–0 victory over Sporting CP, while Arsenal FC were held to a 1–1 draw away to Bayer 04 Leverkusen. PSG 5–2 Chelsea PSG took a big advantage into the second leg after two late…

The report to the Human Rights Council called on the Government, led by partners in marriage and politics, Daniel Ortega and Rosario Murillo, to ensure accountability, restore civic space, and take meaningful measures to guarantee the rights of all Nicaraguans – including those in exile.”Repression and institutional corruption have become the governing method in Nicaragua under the control of the Ortega-Murillo family,” said Jan-Michael Simon, Chair of the Group of Independent Human Rights Experts.  “Political persecution is financed by the State, executed through its institutions, and extended across borders to ensure that no one – absolutely no one – stands in…

WhatsApp has launched parent-managed accounts designed for children under the age of 13, helping guardians better protect how younger users access the messaging platform. The company said the new accounts will limit pre-teens to basic messaging and calling features. They will not receive adverts and will not have access to several functions available on standard accounts. WhatsApp rates its service for users aged 13 and above on app stores. However, many younger children already use the app to stay in touch with their parents and family members. The company said the new system was created after hearing from parents who…

Reps has imposed a jail term and ₦10m fine for dual party membership in the amended Electoral Act 2026.   NewsOnline Nigeria reports that the House of Representatives has amended the Electoral Act 2026 to criminalise dual membership of political parties in Nigeria. Under the new provision approved during Wednesday’s plenary, any individual found guilty of belonging to more than one political party at the same time will face a fine of ₦10 million. Lawmakers also introduced a custodial penalty for offenders, prescribing a maximum prison term of two years for anyone convicted under the provision.   The amendment was…

The Central Bank of Nigeria (CBN) has directed deposit money banks to adopt automated anti-money laundering monitoring systems within the next 18 months as part of a broader regulatory effort to strengthen oversight of financial transactions across the country’s banking sector. The directive forms part of a new compliance framework designed to enhance the detection of illicit financial activities and reinforce Nigeria’s financial crime prevention architecture. Under the new guideline issued by the apex bank, commercial banks are required to transition to technology-based monitoring platforms capable of automatically analysing large volumes of financial transactions and identifying patterns that may suggest…

Introduction From Productivity to Predation One of the most uncomfortable truths about Nigeria’s economy is that a large share of wealth creation is no longer anchored in productivity, innovation, or value creation. Instead, it is driven by access, deception, the systematic extraction of public resources and fleecing of fellow citizens. Scams are no longer fringe criminal activities; they are embedded in how institutions function, how governments generate revenue, and how many citizens navigate everyday economic life. Scams now take many forms, from obstruction of due process; deliberate creation of bureaucratic bottlenecks to extract bribes; sabotage of government functions to create…

Arsenal boss, Mikel Arteta has identified forward Kai Havertz as an honest and humble player. Arteta expressed his admiration for the Germany international, stating, “You can’t help but love Kai.” “It is impossible not to love Kai,” the Spaniard told TNT Sports. “He so humble, honest and hard-working. “When you meet his family, you quickly understand how he was raised and what truly matters to him. “In terms of character, it is difficult to find anyone better than Kai in the football world.” Source link