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Nigeria Stock Watch

COVID-19 vaccines pre-orders open for 55 African Union member States

The Africa Medical Supplies Platform (AMSP), on behalf of the Africa Centres for Disease Control and Prevention…

FG develops Covid-19 vaccine deployment, vaccination plan

The Federal Government has developed a comprehensive National Covid-19 vaccine deployment and vaccination plan and…

COVID-19: FG releases N10bn for local production of vaccines

The federal government, through the Ministry of Finance has released N10 billion to support local production of…

COVID: 19 World heading for catastrophic moral failure over vaccines…

The hoarding of Covid-19 vaccines by rich countries is not only unethical but will also prolong the pandemic,…

Recession Watch

More Nigerians lose job, fall back on pension savings for survival

Incidences in Nigeria in 2020, particularly Covid-19 pandemic, #EndSARS protest and eventual nose-diving into…

Nigeria may not wriggle out of recession in first quarter of this year –…

Johnson Chukwu, an economic/ financial expert, has said that Nigeria cannot wriggle out of the present recession in…

The perils of being an economist

The year 2020 was a rather tumultuous one for the world economy. The spread of the novel coronavirus from the…

Leadership: Addressing the challenges of a Recession

While the COVID-19 pandemic has caused a virulent recession in many countries globally, Nigeria's case is a bit…

Top Videos

Tips for setting financial goals in 2021

Our financial experiences can change if only we are willing to change our approach. Here are a few tips to help you…

What to know before you delete your #WhatsApp

Here are something's you should consider that WhatsApp is not doing with your data

What did Nigeria gain from Border Closure?

After 16 months of shutting the country's land borders, they are now being reopened but the reasons for which they…

5 Reasons why Bitcoin prices fluctuate

When it comes to cryptocurrencies like Bitcoin if there is one thing you can be sure of, it is that the prices can…

#EndSars

233,000 candidates miss NECO exams due to ENDSARS protest

A total of 233,000 candidates could not write the National Examination Council (NECO) Senior School Certificate…

#EndSARS protest: How best to mitigate the losses at least in the future

The chickens have finally come home to roost nationwide as the dusts raised by the #EndSARS crisis settle – at…

#EndSARS losses: What assets, business owners need to do to have adequate…

The aftermath of October 2020 #EndSARS protest in Nigeria and subsequent loss experienced by businesses and…

EndSARS protest: The youth rage that defined 2020

The EndSARS protest that rocked Nigeria in early October 2020 was perhaps the most significant event that shaped…

AFRICA

Uncertainty dots Africa’s COVID recovery but AfCFTA could hold key

Africa’s path to economic recovery from the global COVID-19 pandemic is uncertain and fragile, investment experts…

Museveni wins Uganda disputed presidential poll

President Yoweri Museveni has been announced as the winner of Uganda’s presidential election to continue his…

AFC secures $250 million loan to bridge Africa’s infrastructure deficit

Africa Finance Corporation (AFC) one of Africa’s leading infrastructure solution providers has secured tier-2…

Foreign holding in Egypt’s debt jumps to $24bn

Foreign holdings of Egypt’s debt have ballooned to near twenty five billion dollars in a spectacular come back that…

PREMIUM

Start-Up Journal

Kehinde Muibi: Entrepreneur building a successful construction business

In the highly competitive world of the construction industry, it is traditionally difficult for young entrepreneurs…

How Oluyemi left pharmacy to build a successful catering business

The name Oluyemi Ogedengbe became popular recently, when a video which had renowned Lagos Pastor - Tunde Bakare,…

Riding on Covid-19 gains these Nigerian tech start-ups top 2021 watch list

Despite it been a tough 2020 for businesses, the tech start-up space in Nigeria has shown great strength as…

FBN deepens financial inclusion with largest agent banking network,…

At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a…

Sponsored

Pensioncentral.ng is currently helping employers fulfill their monthly…

The Pension remittance space in Nigeria is filled with so much great promise, but still faced with inefficiencies…

The Payday Revolution from Fidelity Bank is here

Yomi needed to pay his Son’s school fees, send money to Mama and pay for a flight booking all before 12 pm. But he…

New Year, New Investment Opportunities

The new year often brings resolutions to improve one’s health, to travel more of the world and to elevate one’s…

One Doctor’s business model is solving global healthcare problems for free

In the business world today, many companies focus on making good revenue without offering a scaled-down free…

Women in Business

Women in Business: Abiodun Mamora

Abiodun Mamora is the Executive Director, Finance at Construction Kaiser Limited, a highly reputable construction…

Women in Business: Deborah Nicol-Omeruah

Deborah Nicol-Omeruah is an accomplished C-Level Executive and Director with over 20 years’ experience in real…

Nigeria’s first Cardiac Physiologist, FOLARINLE T. AKINRINLOLA is nobly…

Folarinle T. Akinrinlola is the Channels Sales Director at General Electric Health Care. She is a graduate of the…

For Iman Sulaiman-ibrahim, as DG of NAPTIP, it is a NO to human…

Iman Sulaiman-Ibrahim is a new generation multi-award winning business executive par excellence with core expertise…

Interview

It would be difficult to get good governance, responsive leaders in current…

Stakeholders have continued to express concerns over the lingering challenges plaguing Nigeria’s electoral system,…

‘The second wave of Covid-19 in Nigeria could wreak more havoc than the…

Year 2020 was one hell of a year. The outbreak of the novel Coronavirus (Covid-19) pandemic, hit the world…

‘Our big vision at MDaaS is to shift African healthcare from sick care to…

Amid challenges, the 2020 Africa’s Business Heroes (ABH) prize hosted its grand finale on November 28, 2020 and…

How Nigerian economy can exit present economic recession – Financial Expert

Philip Nto is the provost, Abia State College of Education (Technical) Arochukwu. A financial expert, World Bank…

Companies

Glo customers to enjoy multiple rewards with cashtoken season II

Leading telecommunications company, Globacom, has unveiled a new season of its recharge-based loyalty program,…

Sanwo-olu highlights $2bn Lagos opportunities for UK business community

In a move expected to yield returns in 2021, Lagos State Governor, Babajide SanwoOlu, has enumerated opportunities…

Nigeria’s inflation at 15.75% in December surpasses CBN year-end target

Nigeria’s December inflation, which quickened to a three- year high, surpassed the yearend target set by the…

Pension fund investment in bonds increases 51.8%, T-bills fall 69.7% in one…

Nigeria’s biggest institutional investors, the Pension Fund Administrators (PFAs) are increasing their exposure in…

Economy

Macroeconomic stability major growth driver in 2021, says Doyin Salami

Nigeria, which is currently in recession, requires massive investment to grow in 2021 and to achieve this, it needs…

Fitch sees oil rally lifting Nigeria’s external reserves to 16-month high

Global rating agency, Fitch, sees the external reserves of Africa's biggest economy rising to $42 billion by the…

Nigeria’s inflation soars further to 15.75% as economy struggles towards…

Pushed majorly by soaring food prices, Nigeria’s inflation hastened by 15.75 percent (year-on-year) in December…

Nigeria saves N18.3bn from T-bills interest payment as lower yields crash…

Nigeria is riding on the gains of a repressed yield to bring down the cost of servicing domestic debt, but analysts…

Energy

What exports of first crude cargo from Anyala oil field means for Nigerian

Africa’s biggest oil-producing country is expected to get output boost from the start-up of Anyala-Madu fields in…

Nigeria’s 1m LPG consumption pushes it closer to 5m target –…

The Petroleum Product Pricing Regulatory Agency (PPPRA), on Tuesday, said Nigeria's record of 1 million metric tons…

What you need to know about Heirs Holding’s newly acquired oil asset

The acquisition of a 45 percent participating interest in OML 17 by Heirs Holdings, in partnership with…

Gas stays relevant despite race to green hydrogen

Two offshoots of Siemens, a German tech conglomerate are pulling resources to push green technology by developing…

Politics

INEC fixes Anambra governorhip election for Nov. 6

The Independent National Electoral Commission (INEC) has fixed November 6th, 2021 as the date for the conduct of…

Bayelsa Assembly debunks Diri’s impeachment rumour

Bayelsa State House of Assembly has debunked rumours that it was making moves to impeach Governor Douye Diri.…

Ndubuisi Kanu: Demise of a gallant soldier, democrat and builder

Last Wednesday the nation was thrown into mourning following the death of former military administrator of Imo and…

Markets

These stocks rerouted NSE to the green zone

Equities market of Africa’s biggest economy on Wednesday January 20 halted its record two-day negative closes amid…

Onyema highlights NSE’s performance in 2020, provides outlook for 2021

The Nigerian Stock Exchange (NSE) on Tuesday January 19 hosted its annual 2020 Market Recap and 2021 Outlook.…

Stock market dips slightly by 0.07% as profit taking wanes

Nigerian’s equities market decreased marginally by 0.07percent on Tuesday January 19, signally waning profit taking…

Access Bank set for HoldCo structure to optimize opportunities

In a move to capture and optimize opportunities in line with its Africa expansion strategy, Access Bank Plc will be…

Technology

Tizeti unveils 4G LTE network in Edo State

Tizeti, a solar-based internet service provider has rolled out its 4G LTE network in Edo State with monthly fixed…

Tech4Dev targets 1000 learners in Nigeria’s rural clusters with digital…

Technology for Social Development (Tech4Dev) is planning to impact 1000 learners over a twelve-week period in ten…

Telcos face more subscriber losses as NIMC pulls plug on unlinked SIMs

Operators in the telecommunication sector are facing an uncertain future - at least for the first quarter of 2021 -…

Why Silicon Valley VCs are failing to replicate success in Africa

Venture capital funding has led the most investments on the African continent since 2016. Even with COVID-19…

Life and Culture

BusinessDay’s Desmond Okon wins reporting grant by Maternal Figures

Maternal Figures has selected Desmond Okon, a reporter with BusinessDay for a reporting grant, for an investigation…

Art icons celebrate Nike Davies Okundaye at launch of her biography

For the first time, Nike Davies-Okundaye, Nigeria’s textile queen and internationally renowned artist, is sharing…

Hembadoon releases culturally inspired track Kule Kule Hemba Ayem

Singer and Songwriter, Hembadoon, is following up her music offerings with a new single written and fully rendered…

Government, wealthy Nigerians need to support art workshops, extra-tertiary…

If art workshops and extra-tertiary art institutions are given the necessary support by both the government and…

Market Intelligence

Shell, Wike and OML 11 – reaching a compromise

A news story in The Sun newspaper of Friday November 27th, 2020 was trigger for this piece. The headline – “Supreme…

Nigerian Banks groan under huge write offs

As 2020 dawned, bankers were digging out of the harsh regulatory environment and a stock market rout that sent…

Zenith Bank is Nigeria’s largest lender by total asset as valuations remain…

Zenith Bank Plc is Nigeria’s largest lender by total assets as valuations remain attractive even amid a punitive…

Cement makers’ earnings surge during pandemic as economy slumps

The coronavirus pandemic and a difficult business environment have sent the economy in a tailspin, and a recession…

Columnists

Recent

Coronavirus

COVID-19: Wearing of facemasks now mandatory in Adamawa

Adamawa State Government has made the wearing of facemasks mandatory in government offices to stem the spread of…

COVID-19: At 111,305 confirmed cases Nigeria records 1,301 new infection

The Nigeria Centre for Disease Control (NCDC) on Tuesday shows that Nigeria recorded 1,301 new cases of COVID-19 as…

COVID-19 spike pushes oxygen demand in Lagos to levels never seen before

The number of coronavirus patients needing oxygen to survive has risen fivefold as a second wave of the pandemic…

Consider malaria-like symptoms as COVID-19 until proven otherwise –…

As new cases of Covid-19 continue to in the country, Lagos State governor, Babajide Sanwo-Olu has asked citizens to…

Recession

More Nigerians lose job, fall back on pension savings for survival

Incidences in Nigeria in 2020, particularly Covid-19 pandemic, #EndSARS protest and eventual nose-diving into…

Nigeria may not wriggle out of recession in first quarter of this year –…

Johnson Chukwu, an economic/ financial expert, has said that Nigeria cannot wriggle out of the present recession in…

The perils of being an economist

The year 2020 was a rather tumultuous one for the world economy. The spread of the novel coronavirus from the…

Leadership: Addressing the challenges of a Recession

While the COVID-19 pandemic has caused a virulent recession in many countries globally, Nigeria's case is a bit…

Top Videos

Tips for setting financial goals in 2021

Our financial experiences can change if only we are willing to change our approach. Here are a few tips to help you…

Today's E-paper

Businessday Investigates

Ticketing corruption by railway staff, soldiers, policemen derailing Abuja-Kaduna rail project (2)

‘Army general buys 30 tickets’ I step out of the train knowing, without being told, that…

Nigeria Stock Watch

Premium

Opinion

The year 2020 and economic outlook for 2021

Everyone agrees that 2020 was a peculiar year. Economies across the globe experienced turbulent economic…

Podcast

Magazines

More Stories

NDLEA seizes 15,253kg of illicit drugs in Edo

Edo State Command of the National Drug Law Enforcement Agency (NDLEA) says it seized a total of 15, 253.82kg of…

Ground handlers seek waiver of 5% concession fees

Association of Ground Handlers of Nigeria (AGHAN) has appealed to the Federal Government to adjust and waive the…

Nigeria inches closer to 65yrs retirement age for teachers

The Federal Executive Council (FEC) on Wednesday approved the Harmonized Retirement Age for Teachers Bill, 2021, to…

PwC survey scores Osinbajo-led PEBEC low

A Cost of Compliance survey conducted by the PricewaterhouseCoopers (PwC) has revealed persistent corruption,…

My BTC Nigeria and “NEPA BOYS” renew contracts after their first successful signed partnership

On Saturday 16th January, 2021, at the company’s head office, leading cryptocurrency exchange platform,…

COVID-19: Wearing of facemasks now mandatory in Adamawa

Adamawa State Government has made the wearing of facemasks mandatory in government offices to stem the spread of…