Author: Prima News
Unity Bank has officially cleared the air regarding its recapitalisation status, confirming that its strategic merger with Providus Bank has pushed the combined entity’s capital base well beyond the ₦200 billion threshold required for a national banking licence.The clarification comes as the March 31, 2026, Central Bank of Nigeria (CBN) deadline approaches, amid media speculation regarding the bank’s compliance.Financial Accommodation Converted to Tier-1 CapitalIn a statement providing technical clarity on the transaction, a source at the Bank explained that a pivotal financial accommodation previously approved by the CBN has now been converted into Tier-1 capital.This accounting move is the cornerstone of…
The volume buttons on the side of your iPhone can change the volume of whatever music or podcast you’re listening to without unlocking your device. Those buttons can increase or decrease your volume a set amount, but they could leave you choosing between a volume that is slightly too loud or a bit too quiet. Thankfully, you can bring the volume bar back to your device’s lock screen, giving you more precise control over your iPhone’s volume without unlocking your device. Apple removed the volume bar from your lock screen when the company released iOS 16 in 2022. But when the company…
Katsina State Governor, Dikko Radda, has declared that the state’s newly established model smart schools are designed to provide children from rural and disadvantaged backgrounds with world-class education—completely free of charge. The governor made the declaration on Sunday when he led 17 European Union envoys on a visit to Dumurkul Model Secondary School in Daura, one of three modern schools his administration has established across the state’s three political zones. “These schools provide opportunities for children from rural and disadvantaged backgrounds. Admission is merit-based, focusing on students from public schools and rural communities. “The aim is to build the future…
By Modupe Gbadeyanka President Bola Tinubu on Sunday expressed concerns over the negative impact the crisis in the Middle East would have on the Nigerian economy. While addressing the Vice President, Mr Kashim Shettima, and 23 state governors who visited him in Lagos at the weekend, he said efforts are being made to ensure the citizens, especially the vulnerable, are catered to by the government. “I know this Middle East crisis will spike inflation and affect our purchasing power. The labour union and others will be gearing to ask us to support more due to the effect of the Middle…
The Zamfara State Governor, Dauda Lawal, has directed all council members who intend to run for political office in the 2027 general elections to resign from their positions. The governor issued the directive on Monday during the State Executive Council meeting at the Government House in Gusau. According to a statement by the governor’s spokesperson, Sulaiman Idris, the move is in line with the Electoral Act, recently signed into law by President Bola Tinubu, and the Independent National Electoral Commission’s release of the 2027 election timetable. The statement read in part, “Today, Governor Dauda Lawal presided over the 64th Executive…
The Director-General of the National Agency for the Control of AIDS, Temitope Ilori, has clarified that the newly introduced long-acting HIV prevention injection, Lenacapavir (LenPrEP), is not recommended for use among pregnant women. Ilori made this known on Monday during a media parley organised by the National HIV, Viral Hepatitis and STDs Control Programme under the Federal Ministry of Health and Social Welfare in Abuja. She explained that although global clinical studies have shown a high safety margin for the drug, its use in pregnancy remains restricted due to insufficient evidence on its effects in that population. “Even though LenPrEP…
Global sportswear giant Nike has officially released the new home and away jerseys for Nigeria’s national football team, the Super Eagles. The unveiling, announced on the team’s X handle on Monday, comes as fans continue to process the team’s failure to qualify for the 2026 FIFA World Cup. The home kit features a vibrant light green base with darker green panels and a subtle dotted fade pattern, accented by the Nigeria Football Federation crest and Nike swoosh. “This kit continues their tradition of street-ready designs that make a statement far beyond the field,” the product description of the kit reads…
Media personality and content creator Oluwabukunmi Adeaga, popularly known as KieKie, has explained why she keeps parts of her personal life private while building her brand online. Speaking at The Creative Blueprint hosted by actress and producer Funke Akindele, she noted that she has mastered the balance between personal life and public content. In a video from the event which she shared on Instagram on Monday, Kiekie said, “If you pay attention to my content, you’ll realise that I have mastered the art of sharing. I’ve created a very thick line between what is personal to me as Oluwabukunmi…
Mrs Chibuzor Nwagwu, the wife of late Ezechiyere Nwagwu, who was killed by her brother-in-law during an argument over a bunch of plantain, shares her pain with CHUKWUDI AKASIKE on how she would cope after her husband’s demise and the need to get the suspect arrested and prosecuted Where are you from? I am from Umuezeala Nsu, in Ehime Mbano Local Government Area of Imo State. Can you recall the circumstances that led to the killing of your husband? It happened on March 8 this year. It was on a Sunday. Chukwudi, my brother-in-law, went into our plantain garden and…
The Federal Government has announced plans to scrap the Junior Secondary School Common Entrance Examination and introduce a Learner Identification Number to track pupils from primary school through their academic journey. The Minister of Education, Tunji Alausa, disclosed this during an interactive session with journalists in Lagos on Saturday. According to Tribune, the Minister explained that the proposed reforms are aimed at improving access to education and ensuring better tracking of pupils across the country. He noted that the common entrance examination would be phased out and replaced with a more comprehensive evaluation system. He said, “It will be replaced…
Subscribe to Updates
Get the latest news from PRIMA NEWS about politics, art, design and business.
