Prime Business AfricaHere again, we present to you the Prime Business Africa top headlines of the week on business and economy, health insights, politics, and entertainment among others.
5 Practices To Avoid For Healthy And Radiant Skin
In the pursuit of attaining flawless and vibrant skin, it’s important to tread carefully and stop practices that could compromise one’s health and beauty.
Cultivating a mindful skincare regimen is paramount, and here are five prevalent practices that should be omitted from your skincare routine… Read more.
Top 15 African Countries With Strongest Currency Exchange Rate
Many African currencies have over the years suffered from weak value in the global exchange market due to dynamics in the economies of the countries. According to an International Monetary Fund (IMF) report in May 2023, many African countries have weak currencies due to heavy dependence on imports and less domestic production.
However, there are countries in the continent whose currencies still have strong values when compared to the United States Dollar (USD) which remains the global benchmark when ranking currencies. Read more
Top 15 African Countries With Strongest Currency Exchange Rate
How To Make A Living Out Of Death
Times obituary writer, Damian Arnold speaks to FutureGazette’s Killian Faith-Keith on how to make a living out of writing obituaries. Disturbing? Intriguing! Sit back and relish. Read more
Vaginal Fluid Is Good For C-section Babies
Naturally born babies are coated with their mother’s vaginal fluids as they pass through the vagina during birth. This helps in the development of the baby’s microbiome and immune function, thus, lowering the risk of infections. Vaginally delivered babies acquire microbial communities akin to those found in their mother’s vagina.. read more
Dangote, BUA, Lafarge Cement Losing Revenue To Rising Costs Of Raw Materials, Labour, Others
Nigerian Cement companies, Dangote, BUA and Lafarge Cement are losing their earnings to the rising cost of sales, Prime Business Africa analysis showed.
In the first half (H1) of 2023, the cement industry saw the cost of sales rise by 16.03 per cent, surpassing revenue, which grew by 15.75 per cent. Read More
Dangote, BUA, Lafarge Cement Losing Revenue To Rising Costs Of Raw Materials, Labour, Others
Why Investors Are Jostling For GSK Nigeria’s Shares Despite Impending Shutdown
Shareholders of Glaxo SmilthKline (GSK) Consumer Nigeria saw their investments in the pharmaceutical company increase by 20.27 per cent after the firm announced its plan to cease operation.
GSK Nigeria disclosed on Thursday that the healthcare company will shut down its operation after its parent company and manufacturer of its vaccines and medicines, GSK UK, decided to terminate their business relationship. Read more
Why Investors Are Jostling For GSK Nigeria’s Shares Despite Impending Shutdown
35 New And Profitable Business Ideas For Students In Nigeria
At a period Nigerian parents and their children in tertiary institutions are in a dilemma due to the hike in tuition fees, earning a living as a student has become crucial to the continuation of education in many households…
To reduce the financial burden on parents, there are several small businesses that students can operate while in school to earn income without the need for substantial startup capital. Read more
35 New And Profitable Business Ideas For Students In Nigeria
Why Threads is Already Dead
In the fast-paced realm of social media, innovation and imitation often collide, leading to both breakthrough successes and resounding failures. Such is the case with Meta’s latest offering, Threads, a platform that burst onto the scene with staggering numbers only to fade into obscurity almost as quickly. What seemed like a promising contender to challenge Twitter’s dominance has left many questioning its viability and underlying purpose. Read more.
China Slips Into Economic Deflation, First Time In 2 Years
China’s economy has fallen into deflation as consumer prices contracted for the first time in over two years, according to the National Bureau of Statistics on Wednesday. Consumer price index (CPI) fell 0.3 per cent year on year in July as opposed to zero change recorded in the previous month. Read more
The Trouble With Education In Nigeria
After the flat failure of public primary and secondary schools in Nigeria, tertiary education is also in line for a catastrophic collapse. High student enrolment, crass inadequacy of resources, poor teacher motivation and reward, student disenchantment, dying academic values, poor funding, industrial actions, and the like create a bleak future for higher education in Nigeria, especially universities. Read more.
AI And Nigerian Varsity Students
“If not for Wikipedia, google and copy and paste, I would not have graduated.” These were the words of a graduating student of one of the tertiary institutions in Nigeria. This statement makes obvious the fact that a large number of students (especially those in tertiary institutions) have come to depend on the internet not as a means of obtaining relevant information and learning but as a medium that provides easy access to peoples’ intellectual properties for plagiarism which subsequently fuels the collapse of copyright laws. Read more
Promoting Competitive Advantages Of Southeast States
The Southeast region is endowed with mineral resources, arable land and talented human capital. However, it will not be in the overall interest of the region for each component state to become a ‘be all’ state. The states should focus on their respective economic areas of core competence and competitive advantage. That way, duplicity and wastages in economic efforts will be avoided. Read more.
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