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Insights - Page 26

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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

Insights·News·Top Stories

Answer To Prime Business Africa Christmas Quiz – Our Winners

Last week, as part of our Christmas celebrations, we brought to you a Christmas Quiz. To refresh your memories, the quiz was: Mr Okoro was a Nigerian businessman. A fortnight ago, he was driving down from Kaduna to Ilorin to attend a

December 20, 2022

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business·Insights·Markets

How Femi Otedola’s Decision To Sell Geregu Stake Cost Shareholders N60.50 billion

Shareholders of Geregu Power, the company owned by Femi Otedola, will have little or nothing to celebrate this Christmas season, having lost most of the returns on their investment within two weeks. On October 5, Geregu was listed on the Nigerian stock

December 20, 2022

Insights

World’s Most Expensive Drug Is $3.5 million Per Single Dose

Certain people have an inherited bleeding condition called haemophilia. This is a condition whereby the blood does not clot as properly as those of others. The cause of this is a deficiency of proteins called clotting factors, which help stop bleeding. READ

December 18, 2022

Producers Of Dulux, Berger Paints Losing Revenue To Inflation, Meyer Suffers N26.79m Loss

Business·Insights

Paint Companies Lose Big Revenue To Inflation

Nigerian paint companies are bleeding cash due to rise in cost of production, as inflation ate into their net profit between January to September 2022. According to Prime Business Africa (PBA) analysis of three major paint manufacturers, CAP Plc, Berger Paints and

December 15, 2022

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

Business·Insights

Data War: 9mobile Loses Over 970,000 Data Subscribers, As Airtel Outperforms MTN, Glo

In the first nine months of 2022, 9mobile suffered a significant loss in its internet subscriber base, with Airtel Africa recording the highest growth compared to MTN Nigeria and Globacom. As the data war hots up, 9mobile lost 974,543 internet subscribers between

December 13, 2022

Insights

Cannabis-laced Milk Coming Soon To A Supermarket Near You

The hemp plant is of same species as marijuana. They both belong to the genus, Cannabis, and are commonly referred to as Cannabis sativa. While hemp contains high concentrations of cannabidiol or CBD and less of tetrahydrocannabinol or THC, marijuana is high

December 4, 2022

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency·Insights

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

In the first half of 2022, the Central Bank of Nigeria (CBN) sold $9.4 billion to the foreign exchange market to control dollar rate, despite international creditors advising against such intervention. Why CBN’s forex intervention matters? The CBN’s $9.4 billion intervention in

December 2, 2022

Insights·News

Babcock University Offers Undergraduate Scholarship Opportunities

There are some scholarship opportunities available for Nigerian students interested in pursuing their education in Babcock University. Babcock University has five financial aid opportunities available for qualified students. They are in the form of both full and partial scholarships.The following available schemes

November 30, 2022

Africa·Insights·News

What Does It Mean To Be A Global African? Eliot Clarke, Oyinsan, Mbamalu, Wolfe, Omari For Sankofa Live Webinar

Sankofa Pan African Series is organising a virtual conference to raise awareness around the need for effective global African movement. The conference, themed ‘What does it mean to be a Global African in the 21st Century’, will be held on Monday, December

November 29, 2022

MTN Investors Earn N944bn In Three Months As Airtel’s Shareholders Record Zero

Business·FEATURES·Insights

Airtel Outperforms MTN As Investors Make N941 billion In 5 Days

Airtel Africa outperformed MTN Nigeria in the Nigerian Stock Exchange last week, giving its investors more to celebrate than the ‘y’ello network’ gave its shareholders. During trading last week, Prime Business Africa (PBA) learnt investors at Airtel and MTN made a whopping

November 28, 2022

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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 26

The SEDC Will Need Protection from Political Extortion

Answer To Prime Business Africa Christmas Quiz – Our Winners

How Femi Otedola’s Decision To Sell Geregu Stake Cost Shareholders N60.50 billion

World’s Most Expensive Drug Is $3.5 million Per Single Dose

Paint Companies Lose Big Revenue To Inflation

Data War: 9mobile Loses Over 970,000 Data Subscribers, As Airtel Outperforms MTN, Glo

Cannabis-laced Milk Coming Soon To A Supermarket Near You

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

Babcock University Offers Undergraduate Scholarship Opportunities

What Does It Mean To Be A Global African? Eliot Clarke, Oyinsan, Mbamalu, Wolfe, Omari For Sankofa Live Webinar

Airtel Outperforms MTN As Investors Make N941 billion In 5 Days

Featured Stories

When ‘Reform’ Looks Like Punishment – The Enugu Passport Center Question

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

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Nkem Owoh at 71: The Enduring Laughter of Nollywood’s ‘Osuofia’

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When ‘Reform’ Looks Like Punishment – The Enugu Passport Center Question

UK-Based Nigerian Footballer Dies After Suffering Severe Brain Injury

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

Nkem Owoh at 71: The Enduring Laughter of Nollywood’s ‘Osuofia’

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Insights - Page 26

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