Prime Business AfricaHere are the top stories in Prime Business Africa for the week on business and economy, politics, health insights, and entertainment.
Kaduna Farmers Sell Houses For Bandits’ Permission-to-harvest Levies, Others Abandon Farmlands Despite security agencies’ efforts
Despite security agencies’ efforts in raiding bandits’ camps in Kaduna State, the terrorists have continued to make the lives of villagers in Kaduna local government areas of Igabi, Giwa, and Birnin Gwari miserable by imposing exorbitant levies that have forced poor farmers to ditch their farmlands. Read more
Join our WhatsApp ChannelGender Activism An Economic Necessity In Africa [PBA Editorial]
The United Nations is currently running a campaign tagged: ’16 Days of Activism against Gender-Based Violence’. It’s meant to raise awareness and implement strategies to combat gender-based violence across the globe. The ongoing annual 16 Days of Activism Against Gender-based Violence awareness, which runs from 25th of November to 10th of December, is a reminder that gender-based violence is not just cruel and traumatizing for women and girls but also damaging to societies and economies. This year’s theme, “Invest to prevent violence against women and girls”, spotlights the economic cost of gender-based violence and the significant benefits of investing to address it. Read more
Behold Top 10 Richest Politicians In Africa 2023
Politics in African society, seems to be one of the most lucrative professions even though it is an avenue for offering public service.
Some politicians make their wealth with a combination of investment in businesses and earnings from political offices held. Read more
Redefining The Operations Of CBN
The new Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has set out a new agenda that aims to redefine the operations of the apex bank, strengthen the banking system and tackle inflation among other strategic plans towards engendering a better economy. Read more
Cardoso Indicts Buhari, Past CBN Governors
On November 24, 2023, the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, gave a resounding speech at the Chartered Institute of Bankers of Nigeria’s (CIBN) 58th Annual Bankers’ Dinner and Grand Finale of the Institute’s 60th Anniversary at the Eko Hotels and Suites, Victoria Island, Lagos. That speech was a wonderful explanation or reply to many questions arising from the travails of Nigerians in the hands of government’s heavy-handed monetary policies, especially the floating of the naira in June. It also betrayed a lot about successive governments’ alarming poor sense of economic direction. Read more
Let’s Not Deceive Ourselves, Many People Don’t Believe In Nigeria – Obasanjo
Former president, Chief Olusegun Obasanjo yesterday charged Nigerian youths to have a national discourse on Nigeria’s democracy, stressing that no one else will resolve critical questions about the country’s future for them. Read more
Chinese Man Conducts Impeccable Hausa Interview With Igbo In Shanghai [WATCH]
A Chinese man who goes by the name northern Nigerian name, Murtala has engaged with an Enugu-born Nigerian in a one-on-one interview where they among other things discussed about the China International Import Expo (CIIE) taking place in Shanghai. Below is the English translation of what they said in Hausa language: Read more
100 Days In Captivity: The Story Of The Abducted Corps Members
On Saturday, August 17, 2023, some eight young men and women travelling from Uyo, Akwa Ibom State to Sokoto to begin their yearlong national youth service were kidnapped in Zamfara State. They have been in captivity for over 100 days now in the forests of Zamfara State, and as I write, Akwa Ibom State government, the federal government and NYSC management has not made any public comment on the matter to indicate its willingness to fight for the release of these youngsters. Read more
How Tinubu’s Naira Floatation Makes Ordinary Nigerians Forex Experts
One of the major fallouts or advantages of the harsh economic reality in Nigeria is that many people are becoming far more knowledgeable about exchange rates matters, which used to be hard-nosed economics. The groundnut seller is ready for answers about why a cup of groundnut is N350, up from 150 less than 24 hours before. The dollar exchange rate to the naira just increased. And so the wriggly dance of the feeble naira has continued since the federal government decided to float Nigeria’s currency in June 2023, adding to a fuel subsidy removal less than one month before. Hardship has multiplied, with many asking if government really means well. Read more
End of Progressive Politics
The National Working Committee (NWC) of the All Progressives Congress (APC), on Wednesday, November 22, 2023, announced the dissolution of the Rivers State Executives of the party at all levels and appointed a seven-member Caretaker Committee led by Chief Tony Okocha to steer the party’s affairs in the state for the next six months. Read more
I Am The Child Voice Behind PSquare’s Hit Song ‘Story’ – Helen Paul
Stand-up comedienne, Helen Paul has revealed that she was the voice that said, ‘Uncle, please, tell us a story’, in Psquare’s hit song ‘Story’. A song released in 2005 by the sensational twins, Peter and Paul Okoye. Read more
Oil Theft Continues To Frustrate Nigeria’s Efforts To Ramp Up Production
Increasing crude oil production output which provides over 90 per cent of Nigeria’s revenue has continued to elude the country due to theft.
Oil theft in Nigeria has been a long-standing issue, with billions of dollars worth of crude oil stolen from pipelines and infrastructure every year. The theft, often carried out by criminal syndicates, has devastating effects on the country’s economy and environment. Read more
7 Nollywood Movies Coming To The Cinemas This December
As the year 2023 draws to a close, Nollywood, is gearing up to treat audiences to a spectacular array of cinematic delights this December.
From exciting dramas to romantic tales, there’s something for everyone, making this holiday season an unforgettable one for movie lovers. Read more
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