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Insights - Page 14

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The SEDC Will Need Protection from Political Extortion

By Chidi Anselm Odinkalu When he presented his budget proposals for 2024 to Nigeria’s National Assembly, the first full year of appropriations under his presidency, President Bola Ahmed Tinubu identified as his priorities human asset development, poverty reduction and fighting insecurity. Last

February 8, 2026

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Ambition

Business·Insights

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Plan

The Central Bank of Nigeria (CBN) has reported that Nigeria’s foreign reserves dropped to $33.98 billion on Wednesday, 19 July. This is the lowest level since August 2021 when the external reserves climbed to $34.01 billion during President Muhammadu Buhari’s tenure. Recall that

July 21, 2023

Business·Insights

Data War Analysis: Globacom Loses Data Market Share, Over 300,000 Subscribers Stop Using 9mobile Internet Service

MTN Nigeria and Airtel outperformed Globacom and 9mobile in the first five months of 2022, as the telecommunications industry recorded a 4.76 million increase in the number of active data subscribers. The number of active subscribers for internet services rose 3.08 per

July 20, 2023

Business·Insights

Golden Brew Leads Guinness, Others In Return On Investments, Brewers’ Valuation Hits N821bn

Majority of the Nigerian brewing companies in the stock market recorded an impressive return on investments for their shareholders in the first half (H1) of 2023. Nigerian Breweries, Guinness, International Breweries and Golden Brew shareholders were rewarded with N78.85 billion gain for holding

July 18, 2023

Insights·Top Stories

Hope Rises For Alzheimer’s Patients As New Drug Shows Promise

Patients suffering from Alzheimer’s disease may now heave a sigh of relief following the promise found in a new drug called Donanemab which slows down by 36 per cent the mental decline that results from the disease. Alzheimer’s disease is a degenerative

July 18, 2023

Insights·Top Stories

The Ethical Odds Of Disaster Reporting – Dr Marcel Mbamalu

Almost every day, humanity confronts emergencies in forms of natural and man-made disasters. Disasters are so named because of the scale of impacts on human lives and environment, property, finances and future.Earthquakes, landslides, floods, rainstorms, disease emergencies, among others have become the

July 15, 2023

Business·Insights

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

What began as a blessing in disguise for FBN Holdings’ shareholders and the company might end up becoming a nightmare that would cost stakeholders billions of naira, Prime Business Africa has learnt. In the first week of July, when reports began to

July 14, 2023

Business·Insights·Opinion

Stimulating Private Sector Investments Towards Nigeria’s Net Zero Ambitions

Nigeria announced its commitment to net zero by 2060 at COP26 in Glasgow. To deliver this, the country has approved an Energy Transition Plan (ETP), “a home-grown, data-backed, multipronged strategy developed for the achievement of net-zero emissions in terms of the nation’s

July 12, 2023

Insights

Artificial Ripening Of Fruits With Carbide Can Cause Cancer, Kidney Failure, NAFDAC Warns

The National Agency for Food and Drug Administration and Control (NAFDAC) has warned that the consumption of fruits ripened artificially with some agents such as calcium carbide can cause cancer, kidney, heart and liver failures. Director General of the agency, Prof Adeyeye,

July 11, 2023

Business·Insights

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks

Nigerian bank stocks were one of the best investable assets in the capital market in the first half (H1) of 2023, Prime Business Africa’s analysis has revealed. High demand for bank shares raised investors’ investments significantly, as shareholders of the 12 Deposit

July 10, 2023

NDLEA Recruitment: All You Need To Get Ready

Insights·Top Stories

Nigeria Civil Defence Recruitment: All You Need To Get Ready

Are you looking forward to making a career in serving the country in the military? The Nigeria Security and Civil Defence Corps (NSCDC), a paramilitary organisation established by Act 3 of 2003, with a number of responsibilities in internal security, conducts recruitment

July 9, 2023

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Insights - Page 14

The SEDC Will Need Protection from Political Extortion

External Reserves Fall To Two-Year Low, To Affect Tinubu’s N200/$1 Rate Plan

Data War Analysis: Globacom Loses Data Market Share, Over 300,000 Subscribers Stop Using 9mobile Internet Service

Golden Brew Leads Guinness, Others In Return On Investments, Brewers’ Valuation Hits N821bn

Hope Rises For Alzheimer’s Patients As New Drug Shows Promise

The Ethical Odds Of Disaster Reporting – Dr Marcel Mbamalu

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

Stimulating Private Sector Investments Towards Nigeria’s Net Zero Ambitions

Artificial Ripening Of Fruits With Carbide Can Cause Cancer, Kidney Failure, NAFDAC Warns

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks

Nigeria Civil Defence Recruitment: All You Need To Get Ready

Featured Stories

The SEDC Will Need Protection from Political Extortion

Kwara Tragedy and Politics Over Lives: Nigeria’s Priorities in the Shadow of 2027

PAT Utomi – Leadership and Governance in Africa: Lessons from a Lifetime of Service

Giants Real Madrid Becoming Teeters

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Tinubu to Undertake Historic State Visit to UK, First in 37 Years

The SEDC Will Need Protection from Political Extortion

Information Sovereignty, Global Tech Giants, and Democracy in Africa

NCDMB Maps Path for Nigeria’s Energy Sector to Access $3.4tn AfCFTA Market

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Tinubu to Undertake Historic State Visit to UK, First in 37 Years

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Insights - Page 14

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