Top PBA Headlines Of The Week August 26, 2023

8 mins read

Here 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.


Varsity Fee Hike: More Students To Drop Out, Others Take Up Part-time Jobs For Survival

Students across Nigeria’s tertiary institutions have continued to express their concerns and frustrations regarding the recent school fee hike by their schools. Read more


BRICS: Why Nigeria Was Snubbed

In a week full of high drama on the international scene – the murder of Yevgeny Prigozhin in Russia; Donald Trump’s mug shot in a Georgia prison; India landing a spacecraft on the moon and the cable car rescue in Pakistan – the 15th Summit of the BRICS nations in South Africa managed to grab a few headlines. Read more


Colorectal Cancer In Nigeria: Crucial Step For Prevention, Early Detection

Cancer arising from the colon and rectum (colorectal cancer, aka ‘CRC’) is a truly devastating, killer. Current global estimates put it as the second most common cause of cancer-related deaths and the third most frequently diagnosed cancer. Read more


How To Find Caregiver Jobs With Visa Sponsorship In The UK

For individuals seeking meaningful work in the care-giving field while exploring opportunities abroad, the United Kingdom offers a promising destination. Finding caregiver jobs with visa sponsorship in the UK can be a transformational experience, combining the fulfillment of helping others with the chance to immerse oneself in a new culture. Here’s a guide to help you navigate the process. Read more


2 Years Of BDC Ban: Dollar Hoarders Made Whopping 80% Gain From Emefiele’s Infamous Decision

Seven days ago, the Central Bank of Nigeria (CBN) lifted the restriction placed on sales of foreign exchange to the Bureau De Change operators by the apex Bank’s suspended chief, Godwin Emefiele.

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Since his suspension, the CBN’s acting governor, Fola Shonubi, has been dismantling the policies under Emefiele, with the latest being the ban on sales of forex to the BDC operators. Read more

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

The persisting foreign exchange crisis in Nigeria which has seen the naira fall to a record low, especially in recent time, will continue unless the country comes up with an effective strategy to boost production and increase exports, says Pat Utomi, a Professor of Political Economy.

The recent Foreign Exchange (FX) reforms involved the unification of the exchange windows and floating of the naira. The naira float in the FX market which devalued the currency leading to what some economic analysts described as a “free fall”, has raised serious concern from policymakers, monetary authorities, the organised private sector, foreign investors, and the general Nigerian public. Read more


Top 15 Tools Necessary For Content Creation

Content creation is perceived to be a digital goldmine in vogue and it allows for flexibility. It is an open market that does not require a certificate or high technical skills to engage in it; just one’s talent and passion.

Based on a Forbes’ July 2022 report, the content economy has an estimated $100 billion dollars worth of revenue generated. Read more


How To Check BVN On UBA Platform

Bank Verification Number (BVN) is an identity-based security measure introduced by the Central Bank of Nigeria (CBN) in 2015 to curb fraudulent transactions in the banking system.

BVN is an 11-digit number that is unique to each individual but uniformly used across all bank institutions for the same individual.

The BVN system which works by recording fingerprints and a facial photograph of a bank customer, helps to curb cases of identity theft in the banking system. Read more

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Fighting The World’s ‘Deadliest Killer’ – Mosquitoes

Mosquitoes are small creatures but deadly in their impact on human health as they are responsible for various diseases that kill thousands of people globally every year.

Every August 20th, the world commemorates World Mosquito Day, dedicated to honouring Sir Ronald Ross, who in 1897, made the groundbreaking discovery linking Malaria to the female Anopheles mosquito. Read more


Unveiling The Crisis In Nigeria’s Tertiary Education: ‘ECOMOG’ Syndrome, Financial Corruption And Management Deficiencies

In a shocking exposé, it has come to light that the Nigerian tertiary education system is entangled in a web of corruption, dubious accreditation practices, and a deficit of competent management. What follows underneath is a harrowing reality of financial corruption, the detrimental “ECOMOG” syndrome surrounding the National University Commission (NUC) accreditation, and the severe lack of management skills plaguing Nigeria’s public tertiary education. The repercussions of these systemic failures are detrimental to students and the country’s future as a knowledge-driven nation. Read more


CBN And The Exchange Rate Challenge

The importance of exchange rate as a major macro-economic variable cannot be overemphasized. Exchange rate is the price of one currency in terms of another, and which helps to determine a nation’s economic health and well-being of citizens. Countries earn foreign exchange through the production and export of goods and services, and the levels of foreign exchange and external reserves influence the exchange rate. Read more


Wagner’s Yevgeny Prigozhin: Gone For Better Or For Worse?

Considering the controversial and shady nature of the relationship between President Vladimir Putin and Yevgeny Prigozhin, the head of Wagner, Prigozhin’s alleged death in a plane crash inside Russia today raises many questions. Read more


From Office-Centric To Hybrid: Transforming Work In Modern Era

The alternative work model, better known as hybrid work or remote work, is fast becoming essential to every business’s survival and continuity post-COVID-19. Read more

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iPhone 15 Series To Come With 35W Fast Wired Charging USB

The much-awaited iPhone 15 series is expected to make its debut on September 12, sparking excitement among Apple enthusiasts. This series is projected to deliver a host of enhancements over its predecessor, the iPhone 14 lineup, including having a higher charging speed capability. Read more



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