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Pressure mounts one day to old naira deadline

There is increasing pressure on the Federal Government and Central Bank of Nigeria (CBN) to ease palpable tension across the land as a result of the naira redesign policy which has brought untold hardship to the people. Yesterday, the Supreme Court overruled the central bank on the February 10 deadline for old naira to cease to be legal tender…
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Report on voting pattern

NigeriaDecides2023

INEC apologies for liking post criticizing presidential candidate

The Independent National Electoral Commission (INEC) on Wednesday issued a public apology via its Twitter handle…

Naira redesign: Policy affects politicians, vote buyers more than masses —…

Mike Ozekhome, a professor of law and senior advocate of Nigeria (SAN), said on Wednesday that the naira redesign…

PDP laments alleged attacks, destruction of property in C/River

The Peoples Democratic Party (PDP) in Cross River has called for action from security agencies against alleged…

Kano, 21 others classified as high risk for election manipulation — YIAGA

Ahead of the February 25 and March 11 general elections in Nigeria, Kano State and 21 other states have been…

Cost of Living Crisis

Rising cost of living furthers exodus of Nigerian doctors, nurses

The rising cost of living in Africa’s most populous nation is one of the major factors furthering the exodus of…

Money worries force Nigerians to cut back on social life

Once known for its vibrant social scene, cost conscious Nigerians are now cutting down on their social life over…

RUSSIA - UKRAINE CONFLICT

Zelensky insists talk with Putin possible only after Russian troops…

Ukrainian President Volodymyr Zelensky has reiterated his rejection of negotiations with Russia before a withdrawal…

Russian warship with hypersonic missiles to join drills with China, South…

A Russian warship armed with new-generation hypersonic cruise weapons will participate in joint exercises with the…

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Why Many Women Are Not Wealthy -A Review of Solape Akinpelu’s Stripped

Title: Stripped: An African Woman’s Guide to Building Generational Wealth Author: Solape Akinpelu Publisher:…

Part 1 – The art of gifting: key considerations

This digest is brought to you by Patrons MCAA. Patrons is a full-suite art advisory firm that helps private and…

All things not bright and beautiful

I grew up in a very loving home. My parents were the perfect example of how couples should live. I never saw them…

Can you handle help?: A Guide on achieving professional, home management…

Many have had to resign from their jobs when they start bearing children because they are unable to combine their…

Sponsored

Incite Enterprises Group announces Deborah Yemi-Oladayo as new MD

Incite Enterprises Group, the parent company of leading HR and Management consulting firm, Proten International and…

Big Eyes Coin, one of the biggest presales in recent history – Solana…

The market has had several downtrends in the previous year, and those who are enthusiastic about the future of…

Self-awareness, panacea for organisational success – Professor Paul…

Professor Paul Griffith, World’s first professor of Management to lead a team to launch a rocket to space. Abuja,…

Veritasi Homes hosts largest realtors conference in Africa

Veritasi Homes, a foremost real estate company in Nigeria, recently concluded its annual, highly-anticipated…

Technology

ThriveAgric secures $1m as regional winner of 2022 AYuTe Africa Challenge

ThriveAgric, an agricultural technology company has been announced as the West African winner of the annual AYuTe…

UK-based company secures CBN PSSP license

Ceviant, a UK-based financial technology company delivering treasury and trade solutions to corporates, has…

Big tech firms leave Yaba for Ikoyi on infrastructure need

In 2015 and till recently, many foreign tech investors who were visiting Nigeria wanted to see the budding Yaba…

Explainer: What constitutes a tech hub?

Technology is driving change and development in almost every industry and area of life. It is a critical factor for…

Economy

World Bank chiefs rush to Abuja over fears of Azura’s $100m default

A team of senior World Bank chiefs came to Abuja last week amid rising worries over an impending default on payment…

Scarcity forces traders to sell naira to PoS agents at premium

As scarcity of naira notes persists in the country, Point of Sales (PoS) operators have turned to market men/women…

Nigerians flock to Opay, Palmpay, others amid naira crunch

While the banking public face double whammy of naira notes scarcity and electronic transaction failures, some…

Emerging market rally eludes Nigerian stocks, naira

First, it was the oil price rally that did not benefit Africa’s largest oil producer, and now, it is a rally in…

Energy

NNPC promises to end fuel scarcity in one week

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has, on…

Gas flares fall 52% on declining oil production

Nigeria’s gas flares have declined by 52 percent from 2018 to 2022 largely due to lower oil exploration and gas…

How EU embargo on Russia will impact diesel prices in Nigeria

Diesel prices in Nigeria may see a decline as Russia turns to Africa and some Asian countries offering generous…

IPMAN suspends planned strike, promises petrol availability

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has suspended its plan to halt the sale of…

Markets

Stocks gain N69bn on investors cherry-picking actions

At the close of trading session on Wednesday, Nigeria's equities market closed in the positive region, rising by…

UACN, FCMB, others cause market to see first dip this week

The stock market of Africa’s largest economy on Tuesday saw its first decline this week, shedding 0.13 percent of…

These stocks spurred market’s 3.88% rise in January

The 3.88percent growth in Nigeria’s equities market last month came as investors took position in stocks that…

Stock market rises by 0.29% as week opens

Nigeria’s stock market furthered its bullish streak on Monday, February 6 as investors continued to take positions…

Interview

‘We make life easier for residential communities by optimizing their energy…

The growth of residential communities across Nigerian cities means there is need for solutions and innovative ways…

Nigeria’s endanger species bill is game-changer in wildlife conservation…

Wild Africa Fund, a leading environmental conservation group, is partnering with media organisations across Africa…

Construction work on AKK pipelines proceeding despite funding challenges…

There have been concerns about the financing of the Abuja-Kaduna-Kano pipelines after reports revealed setbacks in…

What Chartered Risk Management Institute means for Nigeria’s economy…

Recently, President Muhammadu Buhari signed into law, the Chartered Risk Management Institute of Nigeria (CRMI),…

Companies

Sterling Bank denies stashing cash in vault

Sterling Bank has refuted the claims made by the Independent Corrupt Practices Commission (ICPC) over the newly…

Eden Zero sees new app providing solution for greener future

Eden Zero has launched a revolutionary new carbon offsetting app that helps users take meaningful steps towards…

Naira scarcity: Sterling Bank waives transfer fees for customers

Sterling Bank has suspended transaction fees for all of its personal account holders and would be giving out free…

Guinness profit drops by 54% on higher finance costs, OPEX

Guinness Nigeria Plc, a subsidiary of Diageo Plc, in its recently released half-year (H1) financial results for the…

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

The Fifth Columnists

Podcast

Life + Art

Tems make history as Burna Boy miss out at 65th Grammy awards

At music’s biggest night Temilade Openiyi, professionally known as Tems became the first-ever Nigerian female…

Tems takes home first Grammy Award

Temilade Openiyi, popularly known as Tems, won her first-ever Grammy Award at the 2023 Grammy Awards gala ceremony.…

How to celebrate valentine’s day on a budget

Although February is the month of love, a lot of Nigerians can't see beyond the present chaos, the rise in the…

Malta to host second edition of Nigerian Contemporary Art Exhibition

In a bid to promote African arts all around the world, Malta is set to host the second edition of the Nigerian…

Africa

IMF staff, Cameroon reach $74.6m staff-level ECF,EFF agreement

The International Monetary Fund (IMF) staff and the Cameroonian authorities have reached a $74.6 million…

Pope Francis visit DR Cong, sues for forgiveness

Pope Francis has arrived in Africa for his visit to the nations of DR Congo and South Sudan. This is his fifth…

Attack on Burkina Faso military leaves at least 28 soldiers dead

Rebel fighters on Sunday and Monday launched series of attacks against military officers in Burkina Faso which led…

African leaders, the reason why democracy is underdeveloped — Afrobarometer

The African continent's leaders have been blamed for the underdevelopment of democracy in Africa. This…

World

The world needs Ukraine’s bravery, freedom will win – Volodymyr Zelenskiy

Volodymyr Zelenskiy, Ukraine president in a speech to the members of the parliament on Wednesday in Westminster…

Death toll in Turkey, Syria earthquake surpases 7000

As search for casualties of the early Monday earthquake in Turkey and Syria continues, more lifeless bodies are…

Deadly earthquake in Turkey, Syria leaves scores dead

Many are feared dead as a deadly earthquake hit south-eastern Turkey near the Syrian border on Monday causing many…

CPI 2022: Nigeria improves slightly in corruption-driven violence index

The corruption perception index (CPI) of Nigeria has marginally improved by four points, according to the latest…

Top Stories

Pressure mounts one day to old naira deadline

There is increasing pressure on the Federal Government and Central Bank of Nigeria (CBN) to ease palpable tension…

Recent

COLUMNISTS

Today's E-paper

OPINION

News

Sterling Bank denies stashing cash in vault

Sterling Bank has refuted the claims made by the Independent Corrupt Practices Commission (ICPC) over the newly…

Big Story

Big tech firms leave Yaba for Ikoyi on infrastructure need

In 2015 and till recently, many foreign tech investors who were visiting Nigeria wanted to see the budding Yaba…

NigeriaDecides2023

INEC apologies for liking post criticizing presidential candidate

The Independent National Electoral Commission (INEC) on Wednesday issued a public apology via its Twitter handle…

Naira redesign: Policy affects politicians, vote buyers more than masses —…

Mike Ozekhome, a professor of law and senior advocate of Nigeria (SAN), said on Wednesday that the naira redesign…

PDP laments alleged attacks, destruction of property in C/River

The Peoples Democratic Party (PDP) in Cross River has called for action from security agencies against alleged…

TOON OF THE DAY

The Fifth Columnists

PPC Nigeria says poor plumbing cause building collapse

Poor engineering design and improper installation of plumbing systems can lead to structural weakness of buildings…

Cost of Living crisis

Rising cost of living furthers exodus of Nigerian doctors, nurses

The rising cost of living in Africa’s most populous nation is one of the major factors furthering the exodus of…

VOTER CARDS REGISTRATION TRACKER

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Poor hearts in barrels of harmful oils

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

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The choice before Nigerians

In about a fortnight, Nigerians will have the opportunity to decide who becomes the president of the…

Post-election scenario assessment and possible political risks: How businesses can mitigate it

Nigeria is in an electoral season which encompasses electioneering campaigns, election, post-election and…

Five things to know to start your Thursday

Sanwo-Olu announces 50% reduction in Lagos transport fare Governor Babajide Sanwo-Olu of Lagos State announced a…

Pressure mounts one day to old naira deadline

There is increasing pressure on the Federal Government and Central Bank of Nigeria (CBN) to ease palpable tension…

Driving business success in 2023: The role of CEOs

Distinguished Ladies and Gentlemen. It is an honour to be here with all of you today. I thank Business…

Sterling Bank denies stashing cash in vault

Sterling Bank has refuted the claims made by the Independent Corrupt Practices Commission (ICPC) over the newly…