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Nigeria Stock Watch

N/Assembly orders minister to suspend N10bn COVID-19 vaccine production

Not satisfied with explanation from the Federal Ministry of Health, the National Assembly Joint Committee on Health…

Moderna’s fresh trials find vaccine still protects against emerging…

Results from Moderna’s latest clinical trial on how its vaccine reacts against emerging variants of COVID-19 has…

COVID-19: FG extends guidelines for another one month

The Federal Government on Monday announced the extension of the extant measures prescribed in the guidelines for…

Osinbajo raises hope for Nigeria-made COVID-19 vaccine

Vice President Yemi Osinbajo on Friday said Nigerian scientists are currently engaged in ground-breaking research…

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 some things 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

Dangote retains spot as richest man in Africa for 10th time -Forbes

For the 10th time in a row, Aliko Dangote, chairman of Dangote Group, retained his spot as being the wealthiest man…

Nigeria offers $100m to ECOWAS anti-terrorism action plans

President Muhammadu Buhari has directed the immediate remittance of $100 million to support the Economic Community…

Gambia’s ex-vice president nominated for AU Commission deputy…

Republic of The Gambia has named former vice president, Fatoumata CM Jallow Tambajang, as the nation’s candidate…

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…

PREMIUM

Start-Up Journal

SMEs in baking industry urged to embrace innovation to scale

Experts have urged operators of small and medium scale enterprises (SMEs) in the country’s baking and confectionery…

Ngozi Ikemefuna: Passionate about making memorable events for clients

Like the mother hen, completely immersed in the affairs of her chick, Ngozi Ikemefuna once desired a complete…

Meet Maryann, entrepreneur redefining Nigeria’s luxury and lifestyle…

Over the last decade, Nigeria’s with its growing consumer class has represented exciting and vast marketing…

Kehinde Muibi: Entrepreneur building a successful construction business

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

Sponsored

The payday revolution is here

Now you can pay yourself! Come and experience this USSD based service which allows you to pay yourself as…

Otunba Subomi Balogun officially Hands over Otunba Tunwase National…

The Founder of FCMB Group and notable philanthropist, Otunba Olasubomi Balogun (CON), has formally handed over his…

Fidelity Bank Hosts National Capacity Building Webinar For SMEs

Fidelity Bank Plc, top Nigerian lender, is set to organise a National Capacity Building Webinar For Small Medium…

Top Reasons to Invest in Grenada

Investors looking for a solid, international real estate investment should consider the unique opportunity…

Women in Business

Esther Longe, a story of determination, focus and commitment to impact…

Esther Longe (PhD) is a transformative leader, pioneering the new movement of the 7000 audaciously. She is…

Women in Business: Carolyn Seaman

Carolyn is a development professional highly experienced in program design and management with bias in girl-centred…

Women in Business: Doris Okechukwu Mbadiwe

Doris Okechukwu Mbadiwe is the Executive Director at InterBau Construction Ltd, a leading indigenous construction…

Women in Business: Abiodun Mamora

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

Interview

‘Lekki Port needs better road, rail infrastructure to be successful’

Du Ruogang is the chief executive officer, Lekki Port LFTZ Enterprise Limited, a Special Purpose Vehicle (SPV)…

Telecommunication Companies: Driving Broad Band Penetration In Nigeria

Biodun Omoniyi is the Managing Director/chief Executive Officer of VDT Communications Limited, one of the leading…

‘Concentration of Nigeria’s wealth in the hand of a few people, bane of…

Fijeh Roseline Aadum is a renowned corporate trainer, an enterprise and human capital development expert. In this…

‘Transport industry has capacity to generate more revenue to Nigeria if…

Dr Bayero Salih-Farah was appointed Director-General/Chief Executive Officer Nigerian Institute of Transport…

Companies

Company taxes paid via e-channels surge to most in 5yrs

Companies operating in Nigeria paid the highest amount of taxes via e-channels since 2015 last year. Although…

Olam rated employer of choice in Africa

Olam, foremost food and agribusiness conglomerate, has been rated as an employer of choice in the African region,…

Nigerian Islamic finance industry nascent but with growth potential—Fitch

Nigeria’s Islamic finance industry remains nascent and in its early stages of development, but potentials for…

AVCA appoints new CEO

The African Private Equity and Venture Capital Association (AVCA) has appointed Abi Mustapha-Maduakor as its new…

Economy

From health to tech: COVID-19 opens opportunities for investment

Despite the relentless growth in the transmission of COVID-19 in Nigeria, some enterprising Nigerians are using the…

Nigeria’s VAT is growing, but here is why it’s still not enough

Africa's biggest economy may have raked in the most revenue from value added tax (VAT) in the last five years in…

CBN holds rates, defends financing of FG

The Central Bank of Nigeria (CBN) has signalled intentions to continue financing the Federal Government through…

CBN votes to retain MPR, citing inflation concerns

In line with wide expectations by analysts, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria…

Energy

200,000 bpd at risk as PENGASSAN threatens to shut Agip Oil operations

At a time Nigeria is still struggling with low oil prices and economic recession occasioned by the coronavirus…

Oil rises, driven by hopes of improving demand in Asia and US data

Oil prices are up Wednesday after industry data showed US crude stockpiles fell unexpectedly last week and China,…

Oil Companies fear Nigerian plan may deter offshore investment

International energy companies working in Nigeria are worried that proposals in the country’s long-delayed oil…

Electric Cars’ Looming Recycling Problem

In September, Tesla announced that it would be phasing out the use of cobalt in its batteries, in an effort to…

Politics

Reps will pass PIB in April, says Gbajabiamila

The House of Representatives will pass the Petroleum Industry Bill (PIB) into law in April this year, House Speaker…

Disappointment, excitement as Buhari bows to pressure on service chiefs

Perhaps, for many Nigerians the news of the appointments of new service chiefs Tuesday by President Muhammadu…

Nigeria on course despite COVID-19, security, economic challenges –…

Governor Ifeanyi Okowa of Delta State, says Nigeria as a nation is on course despite the COVID-19 pandemic,…

Markets

Naira reverses loss, strengthens by 0.42% on black market

Nigeria’s currency on Wednesday appreciated by 0.42 percent to N478 per dollar after weakening to N480/$ on Tuesday…

Stock market rally masks Nigeria’s wobbling economy

Nigerian stocks are rallying at a time when the economy is gasping for breath. No year better captures the growing…

Naira falls by 0.63% to N480 on strong demand for dollar

Nigeria’s currency on Tuesday depreciated by 0.63 percent as the dollar traded at N480, weaker than N477 traded on…

Nigeria’s Collective Investment Scheme now worth N1.512trn

The value of Nigeria’s Collective Investment Scheme (CIS) increased to N1.512 trillion as at week ended January 15,…

Technology

Value locked in DeFi rise 75% in January amid drop in crypto market…

The total value locked in decentralised finance (DeFi) has grown by 75 percent to sit at $26.3 billion since…

FirstCheck launches to level equity field for women founders

Eloho Omame, managing director, Endeavor Nigeria, and Odunayo Eweniyi, co-founder and COO, Piggyvest have launched…

How exchanges’ investment in crypto education is paying off in Nigeria

The cryptocurrency market has gained popularity in Nigeria no thanks to persistent economic headwinds that have…

Cybersafe Foundation, UK government take cyber hygiene to 10m Nigerians

Over 10 million Nigerians have benefited from the campaign to digitally equip vulnerable groups and small and…

Life and Culture

The Jimi Tewe company to showcase income, investment windows in millionaire…

For thousands of employees who daily struggle with indecision on how to invest, what to invest in, and where to…

At 87, Legendary Larry King is dead

Larry King, the host of the show Larry King Live is dead. Larry, the 87-year-old was previously admitted into a…

Joe Biden and Kamala Harris, historic inauguration, all shades of…

I was in America when President Obama became the President of America. I couldn’t sleep a day before…the anxiety…

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…

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

N/Assembly orders minister to suspend N10bn COVID-19 vaccine production

Not satisfied with explanation from the Federal Ministry of Health, the National Assembly Joint Committee on Health…

Moderna’s fresh trials find vaccine still protects against emerging…

Results from Moderna’s latest clinical trial on how its vaccine reacts against emerging variants of COVID-19 has…

CACOVID supplies oxygen to isolation centres as COVID-19 second wave rages

The private sector-led Coalition Against COVID-19 (CACOVID) has again stepped up the fight against the pandemic…

COVID-19: FG extends guidelines for another one month

The Federal Government on Monday announced the extension of the extant measures prescribed in the guidelines for…

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

Podcast

Women In Business

Esther Longe, a story of determination, focus and commitment to impact humanity

Esther Longe (PhD) is a transformative leader, pioneering the new movement of the 7000 audaciously. She is…

Companies & Market

Naira reverses loss, strengthens by 0.42% on black market

Nigeria’s currency on Wednesday appreciated by 0.42 percent to N478 per dollar after weakening to N480/$ on Tuesday…

Magazines

More Stories

N/Assembly orders minister to suspend N10bn COVID-19 vaccine production

Not satisfied with explanation from the Federal Ministry of Health, the National Assembly Joint Committee on Health…

Nigeria’s N50bn floating dockyard remains unused 31 months after

Every year, Nigerian ship operators spend an estimated N36 billion due to lack of dry-docking facilities, as it…

Opportunities beckon on investors in Africa’s used-car market

Low hanging fruits are available for prospective Nigerian investors in the country’s and continent’s growing…

Stock market rally masks Nigeria’s wobbling economy

Nigerian stocks are rallying at a time when the economy is gasping for breath. No year better captures the growing…

Insecurity: We are in a State of emergency- Buhari

President Muhammad Buhari Wednesday said the country is currently in “ a state of emergency , following the…

Sanwo-Olu honors Fashola, names Iponri LagosHOMS

Lagos State governor, Babajide Sanwo-Olu, on Wednesday, honoured the former governor of the state, Babatunde…