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Nigeria Stockwatch

REVIEW: NIGERIA IN 2021

5 inflation highlights that trended in 2021

As the tension and panic that associated the COVID-19 pandemic in the earlier parts of the year began easing off…

How rising insecurity affected the economy in 2021

Nigerians cheered when new service chiefs were appointed in the first month of 2021 to fight the rising insecurity…

OUTLOOK: NIGERIA IN 2022

Cautious optimism reinforces analysts’ stance of another positive year

Nigeria's equities market ended the year 2021 with an impressive positive return of 6.7percent amid remarkable…

Nigeria will need more than oil to lift economy

Nigeria will get another chance this year to lay the building blocks of a long-touted transition away from oil and…

CLIMATE/ ENVIRONMENT

How to unlock, mobilise private capital for climate change action

As the world faces extreme weather conditions that underpin climate change, the need to mobilise private capital…

Global coal demand set to hit new high stirring fresh climate concerns

One month after the world pledged to abandon coal at COP 26, global demand for the commodity is set to hit an…

Climate change: Businesses, Nonprofits leading momentum towards net-zero

The enthusiasm among non-Party stakeholders around the globe towards achieving a net-zero, resilient future…

Days after COP26 deal, oil producers angle to pump more

While the ink on which the climate change agreement was written has barely dried, oil producers gathered at a…

Videos

We have supported thousands of farmers to double yields, farm sizes –…

Dimeari Von Kemedi, managing director of Alluvial, a company that supports smallholder farmers with inputs, #finance, and access to market,…

Inspiring Woman Series – The journey so far

Inspiring Woman Series

What’s News Today

Watch the review, in reference to reports from the Lagos Judicial Panel, on how the Nigerian army covered up the Lekki toll gate massacre…

Des Amey is guest on The Exclusive with Kemi Ajumobi

DES AMEY, Founder/CEO, Amey Finance Academy was recently in Nigeria to connect project owners with potential investors. In this exclusive…

Airtel Africa could double mobile money revenues with Nigeria operations

Airtel, Nigeria’s second-largest telco by number of subscribers, could make an additional $405 million a year from mobile money operations…

What’s News Today

Watch this week's summary report on trending stories on our BusinessDay website.

Dr. Ogho Okiti – Managing Director, BusinessDay Media talks about…

"Don't think too much about economics as the Macro, just think of your personal situation"

Think Business with Dr. Ogho Okiti

Dr. Ogho Okiti - Managing Director, BusinessDay Media talks about Nigeria's economic recovery. "Don't think too much about economics as…

What’s News Today

BusinessDay introduces you to 'What's News Today'- a summary report on trending stories on our BusinessDay website. Watch today's recap in…

The Shift: Why WhatsApp, Facebook, Instagram shutdown for 6hrs Monday

Private and personal information of over 1.5 billion Facebook users is being sold on a popular hacking-related forum, potentially enabling…

BusinessDay Diary (EP 11: Inside a Lagos factory changing the game in ice…

In today's episode of BusinessDay Diary, Kikelomo Adeniji, CEO, Iceplace Millennial, explains how she meets the demand for edible ice in the…

BD Weekender

Interview with the producers of Binti

Alinda and Angela Ruhinda are Tanzanian sisters who have made history by producing Binti’, the first Tanzanian…

Some Lessons can only be learned during difficult times – A review of…

Title: Built for the Storm Author: Bridget Oyefeso-Odusami Publisher: S W Advantage Resources Year of…

Locked up

I was 19 years old in 1981 when I met Titus. He was an apprentice at an electrical workshop. He was a very…

Netflix reviews for the week

ARMY OF THIEVES (2021) I have had this movie on my list for such a long while, I was glad I finally made out time…

Entrepreneur

How government policies push Nigeria’s 1.8m MSMEs to the brink

Apart from the coronavirus outbreak which adversely impacted the business activities of Micro, Small and Medium…

Bamidele Idris: Entrepreneur helping job seekers secure jobs

Many entrepreneurs are driven by a passion to solve societal problems. For Bamidele Idris, founder of Getjobs, his…

Tunde Coker: Building agribusiness for health-conscious Nigerians

Tunde Coker is the founder of True Call Farms, a startup focused on organic agriculture. The young entrepreneur is…

Meet Benjamin Aduroja, startup providing smart financial advice

If there's anything Benjamin Aduroja detests, it is seeing people lose hard earned money to scams or wrong…

Sponsored

‘Biodun and Ibikunle Foundation names Oriyomi Adebare-Anthony as PRESIDENT…

Lagos, Nigeria (January 17, 2022) - ‘Biodun and Ibikunle Foundation today announced Oriyomi Adebare-Anthony as its…

How Iroham is making waves in Nigeria’s energy space

Faith Iroham FCPAN, FIOGR is the founder and managing director/CEO of Gove Energy. Gove Energy is an indigenous Oil…

Fairway partners Punuka consulting to unveil investment opportunities

The Fairway Group in conjunction with PUNUKA Consulting Inc. will be hosting a webinar on January 20, 2022, to…

2021 in Review: vivo strengthens its global presence with user-oriented…

Global smartphone maker vivo has concluded an exceptional year, redoubling its efforts to deliver exciting new…

Technology

Cyber risks biggest concern for companies in Nigeria, Africa, Middle East…

Cyber perils are the biggest concern for companies in Nigeria, other African countries, the Middle East and around…

Nigerian foodtech Orda raises $1.1m pre-seed to build software for African…

Orda, a Nigerian start-up, formally known as StarKitchen has raised $1.1Million in pre-seed round to build software…

LSPR launches in Nigeria to broaden the PR landscape

The London school of public relations (LSPR) Nigeria has been launched to further broaden and add competency to the…

Canadian fintech eyes Africa’s credit market as it launches in…

The availability of domestic credit is a key requirement for consistent economic growth in developing countries. To…

Economy

EXPLAINER: Why Nigeria’s inflation rate grew in the last 9 Decembers

One of the most consistent features associated with Nigeria's inflation rate in the last decade (10 years) is its…

Naira to face pressure on low oil output, rising interest rates

Economists have said the devaluation of Nigeria's currency, naira, is inevitable in 2022 as lower oil production…

Pre-election spending to spur inflationary pressure in 2022

Inflationary pressure is expected to bounce strongly in 2022, driven by pre-election spending and resulting in a…

Attract more investment, borrow less – experts tell FG

Economic experts have cautioned the Federal Government against the use of debt and additional tax burden on…

Energy

Nigeria to struggle despite $90 oil price

As global oil prices edged-up to the highest mark since 2014 when Goodluck Jonathan was President, Nigeria is…

FG to partner Egypt on electricity supply

The Federal government, in an effort to boost electricity supply including renewable energy has disclosed plans to…

How Nigeria wasted $9.5bn on decrepit refineries – Labour

Senior of Nigeria’s leading trade unions have bemoaned how the country spent a staggering ten billion dollars…

Oil racing to $90 a barrel after explosion at crucial Iraqi pipeline

Oil is racing towards ninety dollars a barrel after extending gains in Asia Wednesday from the highest close since…

Markets

Nigeria’s SEC lauds NGX, CSCS, others on market development

The Securities and Exchange Commission (SEC) has applauded the Nigerian Exchange Limited (NGX), the Central…

Airtel, Seplat, other stocks push market value higher by N417bn.

Nigeria’s stock market increased further on Wednesday by 1.73percent or N417billion, which helped push higher the…

Share buyback: What you need to know

What is share buyback? A share buyback or repurchase is a decision by a company to buy back its own shares from…

Equities gain N138bn as Dangote Sugar, Berger Paints, others reroute market…

Nigeria’s equities market increased by 0.58percent or N138billion on Tuesday, which helped reroute the market from…

Interview

2023: I want to be president to restore the dignity of Nigerians –…

Chukwuka Monye is aspiring to succeed President Muhammadu Buhari in 2023. In this interview monitored on Channels…

With AfCTFA, every Nigerian company, state should see itself in Africa –…

With a 1.3billion market, an ambitious African Continental Free Trade Area (AfCFTA) agreement was launched one year…

2023: Nigeria will witness functional, efficient, accessible education…

Ambassador Funmilayo Adesanya-Davies is a frontline female Presidential aspirant on the platform of the People’s…

Lagos State is committed to universal and reliable electricity access to…

Recently, the Lagos State Governor, Babajide Sanwo-Olu unveiled the ‘Lagos State Electricity Policy’, a policy…

Compaines

Unity Bank partners RIFAN mega rice pyramid for support to Farmers

Agric-focused lender, Unity Bank Plc has partnered Nigerian rice farmers under the aegis of Rice Farmers…

Premium Pension MD Umar reappointed for another term

The Board of Directors of Premium Pension Limited has approved the reappointment of Umar Sanda Mairami as the…

Cedar Advisory Partners becomes largest shareholder in Union Diagnostics

Cedar Advisory Partners, an investment company that specialises in the healthcare ecosystem has become the largest…

Devt activity in Lagos real estate market rises 19% amid subdued demand

In what is clearly a significant shift in development cycle, the commercial real estate market in Lagos state has…

Politics

Nnamdi Kanu: FG’s poor compliance record raises doubt

Given past records, analysts say they are not optimistic about Federal Government’s compliance with the ruling by…

Atiku condoles Tambuwal over elder brother’s death

Former Vice President of Nigeria, Atiku Abubakar has expressed his sympathy to Governor Aminu Waziri Tambuwal of…

Abia 2023 and the Abaribe phenomenon

As 2021 was winding down, Senate Minority Leader and former deputy governor of Abia State, Senator Enyinnaya…

Why I do not support Tinubu’s presidential ambition – Buhari’s…

Babafemi Ojudu, special adviser to the President on Political matters says his decision not to support the…

Women in Business

Bunmi Adeniba, this top-notch marketing professional is on to higher…

Bunmi Adeniba is an experienced marketing professional and commercial operator with a strong bias for using…

Inimfon Etuk, Founder She Forum Africa

Inimfon Etuk is a versatile and resilient person driven by purpose and a plan. A 2015 alumna of the International…

Adenike Olumide- Emmanuel, MD/CEO at Shea Baby Brand

Adenike Olumide-Emmanuel, is an entrepreneur and a young global leader with several years of productive experience…

Dorothy Jeff-Nnamani, MD/CEO Novo Health Africa Ltd

Dorothy is the MD/CEO of Novo Health Africa Ltd. Novo Health Africa is a National Health Maintenance Organisation…

Toon of the Day

Podcast

Life + Art

Shatta-Burna Boy feud: Ajisebutu urges African artists to unite

Following recent rifts between Nigerian and Ghanian music artists, Ayo Manuel Ajisebutu, an entrepreneur and…

Nigerian Breweries sponsors major #DettyDecember Concerts for Christmas

The memories of Christmas still lingers as Nigerian Breweries, supported musical concerts that took place across…

Ten most rated Nigerian movies on Netflix in 2021

Since its official expansion into Nigeria’s film industry in 2020, Netflix, an American subscription streaming…

Ten Nigerian music albums that made waves in 2021

The year 2021 was a good year for Nigerian music, despite the economic effect of COVID 19 as the music industry…

Africa

Africa in race to buy Pfizer’s COVID-19 pills

The Africa Centres for Disease Control and Prevention is seeking to work with Pfizer to supply its COVID-19 oral…

Tanzania’s $1.9bn with Turkey to deliver 368km of rail tract

Tanzania is turning away from China as it seeks to rebuild its vital railway links and has instead turn to Turkey…

South Africa dither to impose lockdown as omicron surge subsides

South Africa has decided not to impose a lockdown or other major restrictions on its residents as a huge wave of…

Ebola outbreak over in Democratic Republic of Congo

The World Health Organisation (WHO) on Thursday declared over the Ebola outbreak that erupted in the Democratic…

World

US 5G problem: Airlines worldwide hasten to change flights

Airlines across the world rushed on Wednesday, January 19 to cancel or change flights heading into the United…

Copper shortage to hit 6m tons by 2030 threatening energy transitions

Global demand for copper in the international market will surpass supply by more than 6 million tonnes by 2030, a…

Ex-Ukrainian president ready to appear in court

Petro Poroshenko, the former Ukrainian president has returned to Ukraine on Monday, January 17, 2022, to face court…

Djokovic faces deportation from Australia Open, visa revoked again

Novak Djokovic faces expulsion from the Australian Open and deportation after the Australian government revoked his…

Recent

COLUMNISTS

OPINION

In Other News

Ikpeazu condemns reprisal attack on Abia community by soldiers

Governor Okezie Ikpeazu of Abia state has expressed concerns over the ongoing reprisal attack in Owaza, in Ukwa…

Today's E-paper

2021 IN REVIEW: Four force majeures that shut down Nigeria’s oil production in…

Nigeria’s struggles to stem falling oil production suffered four major force majeure in 2021. They happened for…

Industry to see uniform reporting of PFAs’ performance

In 2022, contributors and retirees would begin to see clearly the difference in performance of all the registered…

2023: I want to be president to restore the dignity of Nigerians – Monye

Chukwuka Monye is aspiring to succeed President Muhammadu Buhari in 2023. In this interview monitored on Channels…

CLIMATE/ ENVIRONMENT

How to unlock, mobilise private capital for climate change action

As the world faces extreme weather conditions that underpin climate change, the need to mobilise private capital…

Global coal demand set to hit new high stirring fresh climate concerns

One month after the world pledged to abandon coal at COP 26, global demand for the commodity is set to hit an…

Climate change: Businesses, Nonprofits leading momentum towards net-zero

The enthusiasm among non-Party stakeholders around the globe towards achieving a net-zero, resilient future…

Days after COP26 deal, oil producers angle to pump more

While the ink on which the climate change agreement was written has barely dried, oil producers gathered at a…

Coronavirus

Africa in race to buy Pfizer’s COVID-19 pills

The Africa Centres for Disease Control and Prevention is seeking to work with Pfizer to supply its COVID-19 oral…

Why Lagos ranks low despite hitting highest COVID-19 vaccination volume

Rating the fraction of the target population vaccinated over the absolute amount of individuals vaccinated from the…

COVID-19: WHO to decide on extending public health emergency

The World Health Organisation (WHO) will consider whether to extend the global public health emergency on Thursday…

COVID 90% less contagious within 20 minutes in air – new study

Coronavirus loses 90 percent of its ability to infect within 20 minutes of becoming airborne with the majority of…

COVID-19 VACCINE TRACKER

BD Weekender

Interview with the producers of Binti

Alinda and Angela Ruhinda are Tanzanian sisters who have made history by producing Binti’, the first Tanzanian…

Videos

We have supported thousands of farmers to double yields, farm sizes – Alluvial CEO

Dimeari Von Kemedi, managing director of Alluvial, a company that supports smallholder farmers with inputs,…

Premium

Businessday Investigates

Poor hearts in barrels of harmful oils

As unbridled access to unhealthy fats consumption increasingly hurts the human heart, thousands of Nigerians die…

Podcast

Magazines

More Stories

Cyber risks biggest threat to companies

Cyber perils are the biggest concern for companies in Nigeria, other African countries, the Middle East, and around…

Onuigbo seeks residents support to realisation of Umuahia-Umudike Ikot Ekpene road

Sam Onuigbo, member, representing Ikwuano/Umuahia North/Umuahia South federal constituency in the House of…

Trading, eating of donkey is illegal – FG

The Federal Government has warned Nigerians to desist from slaughtering, sales and consumption of donkeys,…

Unity Bank partners RIFAN mega rice pyramid for support to Farmers

Agric-focused lender, Unity Bank Plc has partnered Nigerian rice farmers under the aegis of Rice Farmers…

Premium Pension MD Umar reappointed for another term

The Board of Directors of Premium Pension Limited has approved the reappointment of Umar Sanda Mairami as the…

FG to tackle erosion in six geo-political zones

The Federal Executive Council (FEC) on Wednesday approved various contracts covering transportation and erosion…