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Insights - Page 28

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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

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Business·Insights

Access Bank GMD, Herbert Wigwe, Suffers Investment Loss, Tightens Control Over Firm

The value of investment owned in Access Bank by the Group Managing Director/Chief Executive Officer, Herbert Wigwe, has fallen despite increasing his stake. As of December 31, 2021, Wigwe owned 1.51 billion shares of Access Bank worth N14.11 billion, however, the banker

November 8, 2022

2023 Elections·Insights·News·Top Stories

Keep Tabs On 2023 Elections, Experts Charge Researchers, Journalists

Research experts and scholars have advised journalists and Communication researchers to pay close attention to every activity regarding Nigeria’s 2023 elections with a view to analyzing the dynamics of the messages and their impacts on political, economic and social well being of

November 6, 2022

Executive Director of Foundation for Peace Professionals, Abdulrazaq Hamzat,in this exchange with Prime Business Africa, offers some nuggets for journalists reporting conflicts.

Insights·Opinion

5 Things Journalists Shouldn’t Do When Reporting Conflicts

You are a journalist probably reporting conflicts in Nigeria’s Northeast, North Central, Northwest or any part of the country. Are you in Ukraine covering the Russia onslaught or anywhere in Africa and the Middle East reporting civil unrest and other upheavals? Below

November 5, 2022

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

Business·FEATURES·Insights

High Operating Costs: BUA, Dangote, Lafarge Record Loss, Despite N526.52 billion Cement Revenue

Three major cement companies in Nigeria – Dangote Cement, Lafarge Africa and BUA Cement- failed to grow their net profit in Q3 2022, despite hike in revenue generated for the period. Prime Business Africa’s industry review shows that Nigerians spent about N526.52

October 31, 2022

Insights·Opinion

The Legacy Of Igun Street In The Age Of EMOWAA – Toni Kan

In this age of EMOWAA, most visitors to Holland, even those making a brief stop-over at Schiphol Airport, almost always leave with a porcelain ceramic souvenir. The favourite is usually a pair of blue and white clogs. Farmers favoured the clogs known

October 30, 2022

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Insights

GTBank, Zenith Bank, Others’ N3.14 trillion Revenue Threatened, As CBN Suspends Deposit Charge

The Central Bank of Nigeria (CBN) has suspended deposit fee or bank charge, and this will serve a huge blow on the revenue of over 10 commercial banks operating in the country. CBN Governor, Godwin Emefiele, had disclosed the suspension during a

October 27, 2022

Business·Insights

Elon Musk Makes N1.14 trillion Two Days To Acquisition Of Twitter

The wealth of Tesla majority shareholder and Chief Executive Officer, Elon Musk, rose by 1.18 per cent on Wednesday, two days to the deadline issued to him to buy Twitter. Musk has until October 28, 2022, to acquire Twitter or face trial

October 26, 2022

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

Business·Insights

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Within five days of trading, shareholders of telecommunications companies, Airtel Nigeria and MTN Nigeria lost a whopping sum of N1.93 trillion. Prime Business Africa (PBA) gathered that investment held in the only quoted network providers by Nigerian and foreign shareholders fell by

October 24, 2022

$471 million Lost To Nigeria’s Naira Devaluation – Airtel Africa Reveals

Business·Insights

Airtel Africa Shareholders Lose N1.28 trillion In 2 Days

Airtel Africa investors have lost -19 per cent of their investment in just two days amid meltdown experienced in the Nigerian stock exchange. The Nigerian stock exchange depreciated by -4.85 per cent, with the bourse’s stock value falling from 47,569.04 ASI to

October 19, 2022

Insights·News

Maastricht University Offers €30,000 Scholarships

Every academic year, the Maastricht University’s (UM) Holland-High Potential Scholarship program awards 24 full scholarships of €30,000 to highly talented students from outside the European Union (EU) who have been admitted to a Master’s programme at UM. This scholarship package includes tuition

October 15, 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 28

The SEDC Will Need Protection from Political Extortion

Access Bank GMD, Herbert Wigwe, Suffers Investment Loss, Tightens Control Over Firm

Keep Tabs On 2023 Elections, Experts Charge Researchers, Journalists

5 Things Journalists Shouldn’t Do When Reporting Conflicts

High Operating Costs: BUA, Dangote, Lafarge Record Loss, Despite N526.52 billion Cement Revenue

The Legacy Of Igun Street In The Age Of EMOWAA – Toni Kan

GTBank, Zenith Bank, Others’ N3.14 trillion Revenue Threatened, As CBN Suspends Deposit Charge

Elon Musk Makes N1.14 trillion Two Days To Acquisition Of Twitter

Investment Crash: Nigerian Investors In MTN, Airtel Lose Over N1.93 trillion

Airtel Africa Shareholders Lose N1.28 trillion In 2 Days

Maastricht University Offers €30,000 Scholarships

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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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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

NCDMB Issues New NCEC Guidance Notes, Bars Transfer of Certificates

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Insights - Page 28

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