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Nigeria Equities Market:   Top gainers: UNITYBNK (+9.1%) , LINKASSURE (+7.7%) and ROYALEX (+7.3%) ,   Top losers: HONYFLOUR (-9.1%), PRESTIGE (-8.7%) and PRESCO (-6.2%).

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Report on voting pattern

NigeriaDecides2023

2023: Nigerians anxiously asking for violence-free election

As political campaigns intensify and enter a crucial stage ahead of the 2023 general election in Nigeria, there are…

Enugu PDP guber candidate, Mbah, woos investors towards $30bn economy

The Governorship Candidate of the Peoples Democratic Party (PDP) in Enugu State, Peter Mbah has rallied foreign…

Northern Christians divided over Obi’s endorsement

Indications emerged weekend that the growing popularity of the Labour Party (LP)’s Presidential Candidate, Peter…

Osun tribunal says INEC must produce Adeleke’s certificates

Osun State Election Petitions Tribunal has issued a fresh order, directing the National Chairman of the Independent…

Cost of Living Crisis

Cost of living crisis hits small business operators

Africa’s biggest economy is facing a fresh cost of doing business crisis as energy prices and production costs…

Nigeria’s food imports hit N464.5bn in 6months

Despite efforts by the Federal Government to boost food security in Africa’s most populous country, Nigeria spent a…

RUSSIA - UKRAINE CONFLICT

Missile explodes in Poland-Ukraine border

Poland said what was likely a “Russian-made missile” crashed on a town in the country's east on Tuesday, killing…

Russia resumes Ukraine grain shipments despite Black Sea attack

Russia and Turkey on Wednesday announced that shipments of grains from Ukraine through the Black Sea corridor will…

VOTER CARDS REGISTRATION TRACKER

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Video: You can become the next president

You can become the next president

Video: I won’t kill the naira

I won't kill the naira

Weekly Market Update

For last week's trading session, the domestic equity market closed in red declining by 109bps week-to-date (WTD). Sectors under our purview…

Weekly market update

For last week’s trading session, the domestic equity market closed in red declining by 667bps or 6.7% week-to-date (WTD). Sectors under…

Video: Weekly market update

First off, Otedola’s new company, Geregu Power Plc, led top gainers back-to-back on two consecutive trading days. The company was listed on…

Video: Weekly market update

The Nigerian equity market closed last week's trading session with a contraction, declining by 33bps as the NGX-ASI closed at 49,026.62…

BD Weekender

When desperation turns into self-discovery-A Review of Lizzie Damilola…

Title: Yinka, Where Is Your Huzband? Author: Lizzie Damilola Blackburn Publisher: Narrative Landscape Press…

The Power of Creating a Compelling Brand Vibe

We humans are very proud of our ability to think rationally. This cognitive power not only lets us understand and…

The future of work: Borderlessness, Human Cloud, Gig Economy.

I studied Geography in my first degree so I understand the role of Geography not just in terms of space, climate,…

Lagos welcomes Mazimi – Asian-Fusion restaurant

The City of Lagos is ever-evolving and always adding new locations to its ever-bubbly hospitality scene. There’s…

Sponsored

Syinix launches swallow-maker into Nigeria market

Syinix Electronics, the global smart home appliance brand has announced the launch of its first entry point…

Raedial Holdings kicks off operations in Lagos

Raedial Holdings Limited, a holding company with subsidiaries in the agricultural, finance and hospitality sector…

Here is why Asake’s ticket prices are expensive [Pulse Explainer]

Background: On Friday, November 18, 2022, Flytime Promotions announced the 2022 edition of Flytime Fest. The…

TAAH expands market for visual artists in Africa and diaspora

The African Art Hub (TAAH) is a United Kingdom-based art market platform and agency that promotes contemporary…

Technology

Naira redesign to boost fintech adoption, cashless transactions

The redesigned Naira notes by the central bank of Nigeria (CBN} is set to increase cashless transactions and…

Kenyan agencies drop money laundering charges against Kandon

Kandon Technologies, a Nigerian-based liquidity management startup, has been cleared of money laundering…

Cleantech startup, others win N56m at Zenith Tech

Ecotutu, a cleantech company, emerged as the winner of the hackathon at the Zenith Tech Fair, securing N20 million…

Africa Holds More Opportunities for Fintech Growth in Africa, says…

Despite the pandemic-driven growth recorded by the Fintech industry across Africa, there’s still more opportunity…

Economy

From $3bn to zero, FX earnings into reserves dries up – Emefiele 

The official foreign exchange receipt from crude oil sales into Nigeria's official reserves has dried up steadily…

Nigeria’s debt service soars as local borrowing costs spike

The chicken is coming home to roost for Nigeria's President Muhammadu Buhari as government borrowing costs on local…

Emefiele sees inflation slowing to 15% by 2023

The Central Bank of Nigeria (CBN) on Friday projected that persistent inflation rate, which has impacted the…

Nigerian students’ dependants in UK up 3,157% in 3yrs

The number of the dependants of Nigerian students in the United Kingdom surged by 3,156.5 percent to 51,648 in…

Energy

Fuel queues: Dollar shortage crimps petrol imports, subsidy payments

Commercial bus fares have risen by as much as 50 percent across many parts of Lagos including on ride-hailing apps,…

Oil in northern Nigeria to produce 50,000 bpd, attracts $3bn investment

President Muhammadu Buhari on Tuesday flagged off the oil exploration of the Kolmani Integrated Development Project…

Oil quest in Northern Nigeria to set off 13% derivation demand

President Muhammadu Buhari has flagged off the crude oil drilling on Kolmani Oil Prospecting Licence 809 and 810 at…

Fuel queues return in Lagos as scarcity bites

Queues to buy petrol formed in many filling stations across Lagos on Tuesday, worsening traffic situation and…

Markets

Nigeria stock market rises further on increased bargain

For the fourth time this week, Nigeria's equities market closed in the positive region, rising by 0.81 percent at…

Dangote Cement, BUA Cement stocks cause market to sustain gain despite rate…

Nigeria's equities market closed in the positive region on Wednesday, the third time this week, despite Tuesday's…

New Naira: banks begin extension of operating hours to 6pm

Nigerian banks are expected to follow suit as Fidelity Bank Plc has temporarily extended its operating hours to…

Nigeria’s finance minister to launch revised Capital Market Master…

Zainab Ahmed, Minister of Finance, Budget and National Planning is to launch the Revised Capital Market Master Plan…

Interview

Tech, data crucial to tackling climate change – GM, IBM’s sustainability…

KAREEM YUSUF is the general manager of sustainability software at IBM. In this interview with JOSEPHINE OKOJIE, he…

‘Canadian curriculum provides learners with technology-enabled…

Maple Canadian College (MCC) is one of the leading colleges offering Canadian curriculum in Nigeria. The Principal…

NOELLA COURSARIS MUSUNKA is changing lives through Malaika

Noella Coursaris Musunka is a Congolese/Cypriot philanthropist, an international model, and Founder & CEO of…

Mokutima Ajileye – Managing Director at Procter & Gamble Nigeria

Mokutima Ajileye is the Managing Director at Procter & Gamble Nigeria. She is the first female and first…

Companies

IWFI, Lagos Business School host HR delegates to scale 21st century…

As the world evolved from the pandemic and the imminent rise of Gen Zs taking up more roles in places of work…

Detail and Avedia becomes member of Nigerian-British Chamber of Commerce

Detail and Avedia, a business-to-business media consulting firm in Lagos, has been inducted into the…

Hospitality business drives Transcorp’s profit by 41%, highest in 11…

Despite rising macroeconomic challenges such as gas supply constraints, foreign exchange volatility, and rising…

Local contents will make housing affordable, reduce deficits – Dexta…

Olamide Ojo, the CEO of Dexta Africa has said that the usage of local building materials and contents as well as…

CLIMATE/ ENVIRONMENT

LBS executive programme members turn thrashed tyres to income source

In the last decade, Africa’s biggest economy has experienced a surge in population growth and urbanization, which…

The danger of choosing to ignore impact of climate change in Nigeria

Nigeria, like other nations to the United Nations Framework Convention on Climate Change (UNFCCC) and other…

Osinbajo leads FG’s team to launch energy transition plan in August

The Federal Government of Nigeria will on Wednesday, August 24, 2022, launch its Energy Transition Plan, tailored…

Nigeria commits to UN water treaty

Africa’s most populous country has taken a significant step towards ensuring the sustainable management of its…

Toon of the day

Niger Delta Gets The Middle Finger

Podcast

Life + Art

Bagging a first class honours, 2 best graduating student positions, it can…

I never saw it coming, not with how hectic my final year was, graduating with a first class as best graduating…

Exercise and the role it plays in promoting your personal health

Ms. Adama, a 32-year-old entrepreneur visited her HMO for headache which she has been having for 3days. During her…

Kizz Daniel, new talents to share spotlight at Benin live show

The month of December comes with festivities for Nigerians and music concerts have become a culture to celebrate…

A day in a Nigerian film school

In today's world, being captivated by entertainment media is rapidly becoming more of a career path for aspiring…

Africa

Plane crash in Tanzania leaves at least 19 dead

At least 19 people have been confirmed dead and 26 others rescued from a plane crash on Sunday in Tanzania. The…

Zimbabwean President, Mnangagwa, points the way to Africa’s economic…

The President of Zimbabwe, Emmerson Mnangagwa has said that African countries must begin to make their people…

Mogadishu twin bomb blasts kill over 100, wounds 300

Two bombs went off in Mogadishu, the capital of Somalia on Saturday morning and the al-Shabab militant group has…

Eleven crushed to death in Congo concert stampede

It was a black Sunday in Kinshasa, the capital of Democratic Republic of Congo where eleven people were crushed to…

World

Man Utd take steps to reposition for future success

Manchester United Football Club has said it is taking steps to explore strategic alternatives for the growth of the…

Curtain closes on Ronaldo as Man Utd pulls plug off his contract

Manchester United have terminated their contract with Cristiano Ronaldo. The three-time European Champions League…

5.6 magnitude earthquake hit Indonesia

Java, the largest island in Indonesia, was shaken by an earthquake that destroyed dozens of structures and killed…

Missile explodes in Poland-Ukraine border

Poland said what was likely a “Russian-made missile” crashed on a town in the country's east on Tuesday, killing…

Top Stories

2023: Nigerians anxiously asking for violence-free election

As political campaigns intensify and enter a crucial stage ahead of the 2023 general election in Nigeria, there are…

Recent

COLUMNISTS

Today's E-paper

OPINION

News

Naira redesign to boost fintech adoption, cashless transactions

The redesigned Naira notes by the central bank of Nigeria (CBN} is set to increase cashless transactions and…

Big Story

How corrupt, tardy process prolongs passport pickup

Many Nigerians have been waiting for months to get the passports they applied for as corruption and inefficiency…

NigeriaDecides2023

2023: Nigerians anxiously asking for violence-free election

As political campaigns intensify and enter a crucial stage ahead of the 2023 general election in Nigeria, there are…

Enugu PDP guber candidate, Mbah, woos investors towards $30bn economy

The Governorship Candidate of the Peoples Democratic Party (PDP) in Enugu State, Peter Mbah has rallied foreign…

Northern Christians divided over Obi’s endorsement

Indications emerged weekend that the growing popularity of the Labour Party (LP)’s Presidential Candidate, Peter…

‘Many Nigerians living with diabetes unaware’, says DAN

The Diabetes Association of Nigeria (DAN) has raised the alarm over the increase of peoples living with diabetes in…

TOON OF THE DAY

Niger Delta Gets The Middle Finger

Udom clears air on alleged witch hunting of guber candidate in Akwa Ibom

Governor Udom Emmanuel of Akwa Ibom State has cleared the air on allegations of witch-hunting a governorship…

Cost of Living crisis

Cost of living crisis hits small business operators

Africa’s biggest economy is facing a fresh cost of doing business crisis as energy prices and production costs…

Coronavirus

NSSF to support more states to ramp up COVID-19 vaccination

The intervention by the Nigeria Solidarity Support Fund (NSSF), a private sector-led not-for-profit organisation is…

VOTER CARDS REGISTRATION TRACKER

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

From $3bn to zero, FX earnings into reserves dries up – Emefiele 

The official foreign exchange receipt from crude oil sales into Nigeria's official reserves has dried up steadily…

Explainer: Streaming farms, black market of music business

Afrobeats music artists, BNXN (aka Buju) and Ruger, traded words on Twitter over who was the bigger star.…

Nigeria’s debt service soars as local borrowing costs spike

The chicken is coming home to roost for Nigeria's President Muhammadu Buhari as government borrowing costs on local…

Naira redesign to boost fintech adoption, cashless transactions

The redesigned Naira notes by the central bank of Nigeria (CBN} is set to increase cashless transactions and…

Honoris has enhanced infrastructure, staff development at Nile University – VC

Since the acquisition of Nile University by Honoris United Universities, the largest pan-African private higher…

Content premieres, pitch sessions dominate as Paramount Africa hosts International Film Festival

Paramount Africa, a television and multi-media broadcast organisation, has hosted content pitch for filmmakers at…