Prime Business Africa

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Alphabet Threatens TikTok Growth, As Over 1.5 billion Users Visit YouTube Shorts

June 16, 2022

YouTube Shorts is affecting the dominance of TikTok in the short clip videostreaming market, after the Alphabet-owned company reported 1.5 billion people viewed videos on the segment monthly. The growth of the YouTube Shorts has been tremendous considering the product was launched

Business News·Technology

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

June 16, 2022

Apple is on the verge of losing its $2 trillion market capitalisation, as shareholders dump the technology firm’s stock amid fear of projected U.S economy entering recession in the second half of this year. Investors are offloading tech stocks, to reduce exposure

Business News

Air Peace Founder, Allen Onyema, Cries Out Over Rising Dollar Rate, Aviation Fuel

June 16, 2022

The Vice Chairman of Airline Operators of Nigeria (AON), Allen Onyema, has warned that airline operators in the country might shutdown due to the hike in aviation fuel, known as Jet A1, in the global market. Onyeama said the high cost of

Sports·News

Premier League Releases 2022/2023 Season Fixtures

June 16, 2022

Champions Manchester City will begin their Premier League title defence with a fixture against West Ham away on the opening weekend of a 2022-23 Premier League campaign that will include a mid-season break for the World Cup in Qatar.

Politics·News

Reno Omokri Laments Online Abuse By Peter Obi’s ‘Supporters’

June 16, 2022

Nigerian lawyer and human right activist, Reno Omokri has spoken out about the incessant verbal abuse he receives from the supporters of Labour Party's Presidential candidate Peter Obi.

Sports·Business News·News

Arsenal Set To Splash ₦68.2B On Osimhen, Jesus

June 16, 2022

Arsenal are preparing audacious moves in the transfer market for Nigeria international Victor Osimhen and Brazil/Manchester City's Gabriel Jesus with the of sum of £135.5m (about ₦68.2B) reports Prime Business Africa.

Business News·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

June 16, 2022

The Nigerian currency, Naira, fell to the dollar on Wednesday, in the black market segment of the foreign exchange channels, depreciating by -0.2% at the end of trading activities in the peer-to-peer market. On Tuesday, the Naira had closed at N615 to

Politics·News

PDP Picks Okowa As Vice Presidential Candidate For Atiku

June 16, 2022

Despite media reports that made the rounds over the selection of Rivers State Governor Nyesom Wike as the running mate to Peoples Democratic Party aspirant Atiku Abubakar on Tuesday evening, Delta state Governor Ifeanyi Okowa has emerged as the chosen one Thursday

Business News·Insights

Wema Bank Grows Profit 108.3% On N1trn Assets

June 16, 2022

Wema Bank PLC has announced its unaudited financial results for 2021 full-year (FY) ended December 31, recording 108.3 per cent growth in profit before tax (PBT) and total assets in excess of N1 trillion. It’s resilience, Prime Business Africa reports, was on

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Latest

Alphabet Threatens TikTok Growth, As Over 1.5 billion Users Visit YouTube Shorts

Apple’s $2 trillion Market Cap Under Threat, Loses $800 billion In Six Months

Air Peace Founder, Allen Onyema, Cries Out Over Rising Dollar Rate, Aviation Fuel

Premier League Releases 2022/2023 Season Fixtures

Reno Omokri Laments Online Abuse By Peter Obi’s ‘Supporters’

Arsenal Set To Splash ₦68.2B On Osimhen, Jesus

Black Market Dollar To Naira Exchange Rate Today: Nigerians Now Pay Over N600 To Get $1

PDP Picks Okowa As Vice Presidential Candidate For Atiku

Wema Bank Grows Profit 108.3% On N1trn Assets

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