Author: Prima News

Nigeria’s broad money supply moderated to approximately ₦123 trillion, reflecting a slight adjustment in liquidity within the country’s financial system amid ongoing monetary tightening efforts. The development comes as the volume of currency held outside the banking sector recorded a decline of about three percent, indicating a reduction in physical cash circulating within the economy. Financial analysts say the movement suggests that more funds may be returning to the formal banking system while overall liquidity conditions remain relatively constrained. Broad money supply, commonly referred to as M2, represents the total stock of money available within an economy, including cash in…

The colonial currency, the CFA Franc, remains useful in Francophone African countries despite widespread criticism, the French Ambassador to Nigeria, Marc Fonbaustier, has said. In an exclusive interview with PREMIUM TIMES, Mr Fonbaustier said the colonial currency provides monetary stability, low inflation, and a reliable peg to the Euro, which facilitates trade and investment both within the Francophone region and with Europe. Mr Fonbaustier said these benefits contribute to the decision of some Francophone countries, including members of the AES, who are “bullish on colonialism” to continue using the CFA. The AES countries – Niger, Mali and Burkina Faso –…

News » Premier League news » Arsenal newsMarch 8, 2026 20:55 GMT (UK), by Sri Aswin Goretzka open to move abroad Arsenal and Tottenham Hotspur have been handed a boost in signing Bayern Munich midfielder Leon Goretzka during the summer transfer window. The German has entered the last six months of his contract with the Bundesliga holders. He has confirmed that he will leave on a free transfer.Arsenal and Spurs were linked with a mid-season move for the former Schalke man, but he decided to see out the campaign with Bayern.It is now reported that Goretzka sees his future away from Germany and has…

Briefing the Security Council on Wednesday, Special Representative Valentine Rugwabiza said the 28 December 2025 polls marked “an important milestone in the consolidation of the peace process and State authority.”The combined presidential, legislative, regional and municipal elections – including the first municipal polls since 1988 – represented “the most extensive electoral operations ever undertaken in the Central African Republic,” she said.Voting was conducted “in a peaceful and secure manner across most of the country, despite isolated security incidents.”Incumbent President Faustin-Archange Touadéra secured an outright majority and won a third term in office.UN support for the electionsThe UN peacekeeping mission, MINUSCA,…

When to watch India vs. New ZealandSunday, March 8 at 8:30 a.m. ET (5:30 a.m. PT)Where to watch India vs. New ZealandIndia vs. New Zealand will air in the US on Willow TV. 73% off with 2yr plan (+4 free months). Now only $3.49/month See more details See at Now Watch the 2026 T20 World Cup in the UK from £15 Now See at Sky Watch the Black Caps vs. India live in New Zealand Sky Sport Show more (2 items) After a month of top-class white-ball cricket, it all comes down to Sunday’s showdown at the Narendra Modi Stadium…

Nigeria is confronting a troubling and rapidly escalating crisis: the rise of drug abuse among under-age children. What was once a problem largely associated with adults and hardened street users has quietly crept into schools, neighborhoods, and communities, placing the nation’s young generation under serious threat. Across many parts of the country, children who should be focused on education, character building, and personal development are increasingly exposed to dangerous substances such as tramadol, codeine syrup, cannabis, and other illicit drugs. The spread of this trend has become so pervasive that parents, teachers, and community leaders are sounding the alarm over…

FirstBank of Nigeria has introduced the Mortgage Refinance and Equity Investment Fund (MREIF) Home Loan, a mortgage financing solution designed to expand access to homeownership for Nigerians, particularly middle-income earners seeking more affordable financing options. The initiative is aimed at addressing the country’s housing affordability challenge by offering mortgage financing at a single-digit interest rate while lowering the entry barrier for prospective homeowners. Under the scheme, eligible applicants can access mortgage financing at an interest rate of 9.75 percent per annum, a significant departure from the double-digit lending rates commonly associated with mortgage financing in Nigeria. Industry analysts say the…

Victor Ndoma-Egba (SAN). One of the humbling moments of my life in my journey of a privileged relationship with Victor is when he introduces me to people — especially when he was a senator. He would tell them: “Sam and I have come a long way. In fact, I have known him all my working life.“ I have told him repeatedly to translate that into cash and bridge the gap between us. That was in the mid-80s. I was a cub-reporter — an intern at the Nigerian Chronicle in Calabar. That day, I was assigned to cover proceedings at the…

“Judge not, that you be not judged. For with what judgment you judge, you will be judged….” – Matthew 7:1-2 (NKJV) In the first six months of 1986, Nigeria’s Supreme Court delivered two judgments with far reaching consequences for the lives and careers of two senior judges of the High Court. If the facts were to recur today, forty years later, neither of these cases would come to trial. This fact says a lot about how the standards of judicial conduct and ethics as well as accountability for both have evolved – for worse – over the intervening period. Donald…

News » Premier League news » Liverpool newsMarch 7, 2026 21:09 GMT (UK), by Sri Aswin Thuram to Liverpool? Liverpool are reportedly keen on landing Juventus midfielder Khephren Thuram ahead of Manchester United this summer. The Merseyside giants are expected to bolster their midfield department this summer with the possibility of multiple departures.Wataru Endo is widely fancied to head for the exit door, while Curtis Jones could likewise pursue a new challenge away from the Reds.Amidst this, Tuttosport claim that the Anfield heavyweights are weighing up a move for Thuram and could compete with the Red Devils.Thuram signed for the Bianconeri for just 20…