Prime Business Africa

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8 Ways Reduced Cash Circulation Could Affect Nigerian Businesses

March 19, 2026

Nigeria’s gradual transition toward a cash-lite economy is reshaping how businesses operate, transact, and manage liquidity. The shift has been driven by policies of the Central Bank of Nigeria, rapid fintech growth, and rising adoption of electronic payments. While the move toward

Business News·Top Stories

From Peak To Dip: How Presco’s Shareholders Lost N716bn In Investments In One Month

March 19, 2026

After Presco’s share price hit an all-time high (ATH) on February 19, the company’s share price has been on a decline, according to Prime Business Africa’s analysis of the firm’s stock market performance in the last one month. On February 19, Presco’s

Business News·Top Stories

Black Market Dollar Rate Heads Towards Otedola, Dangote Predictions

March 19, 2026

During trading in the black market on Thursday, March 19, the value of the United States dollar (USD) dropped by N9.2 kobo, while the naira appreciated by 0.65 percent. The value dropped after the foreign exchange (FX) rate for the dollar dropped

How Cement Dealers Frustrated Plans To Slash Cement Price To N3,500 - BUA Boss

Business News·Top Stories

Foreign Investors Reduce Shares In Abdul Samad Rabiu’s BUA Cement

March 19, 2026

Foreign investors in Abdul Samad Rabiu’s BUA Cement reduced their investment in the company in 2025, milking the significant growth recorded by the manufacturer’s share. Prime Business Africa’s analysis showed that the number of shares held by foreign investors dropped by 26,458,

News·Top Stories·World News

Iran Names Former Defence Minister Hossein Dehghan as National Security Chief

March 19, 2026

Iran has reportedly appointed Brigadier General Hossein Dehghan, a former defence minister and senior military adviser, as Secretary of the Supreme National Security Council (SNSC) following the death of Ali Larijani in an Israeli airstrike. Larijani, who had been SNSC secretary since

fuel scarcity stranded petrol tankers in Lagos

FEATURES·Finance & Economy

6 Reasons Labour Unions Are Demanding Tax Relief Over Fuel Prices

March 19, 2026

Labour unions in Nigeria, led by the Nigeria Labour Congress (NLC), have renewed calls for urgent tax relief as the country grapples with rising fuel prices and a mounting cost-of-living crisis. The unions warn that soaring petrol costs are straining household budgets,

FEATURES·Health

How the Strait of Hormuz Threatens Global Medicine Supply

March 19, 2026

A narrow 21-mile waterway is quietly threatening the world’s medicine cabinets. The Strait of Hormuz, long seen as a lifeline for oil, also carries the petrochemical feedstocks, solvents, and plastics essential for the production and delivery of life-saving drugs. Analyst Perera warns

News·Top Stories·World News

Drone Attack Triggers Fire at Kuwait’s Mina Al-Ahmadi Refinery

March 19, 2026

A fire broke out at Kuwait’s Mina Al-Ahmadi Refinery on Thursday morning following a reported drone strike, according to the Kuwait News Agency (KUNA). The Kuwait Petroleum Corporation confirmed that one of the operational units at the refinery, located within Al-Ahmadi Port

Diaspora·News·Top Stories

Tinubu Reaffirms Nigeria–UK Ties, Seeks Stronger Partnership at Windsor Castle Banquet

March 19, 2026

President Tinubu has reaffirmed that the longstanding relationship between Nigeria and the United Kingdom will continue to deepen, underscoring shared history, democratic values, and strategic cooperation between both nations. Speaking at a state banquet hosted in his honour by King Charles III

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Latest

8 Ways Reduced Cash Circulation Could Affect Nigerian Businesses

From Peak To Dip: How Presco’s Shareholders Lost N716bn In Investments In One Month

Black Market Dollar Rate Heads Towards Otedola, Dangote Predictions

Foreign Investors Reduce Shares In Abdul Samad Rabiu’s BUA Cement

Iran Names Former Defence Minister Hossein Dehghan as National Security Chief

6 Reasons Labour Unions Are Demanding Tax Relief Over Fuel Prices

How the Strait of Hormuz Threatens Global Medicine Supply

Drone Attack Triggers Fire at Kuwait’s Mina Al-Ahmadi Refinery

Tinubu Reaffirms Nigeria–UK Ties, Seeks Stronger Partnership at Windsor Castle Banquet

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