BusinessDay

Ticker Tape by TradingView

Nigeria Equities Market:   Top gainers: GUINNESS (+9.9%) , CAVERTON (+9.8%) and TRANSCORP (+8.7%) ,   Top losers: CHIPLC (-7.7%), UNILEVER (-7.2%) and SOVRENINS (-7.1%).

TOP STORIES

Recent

Columnists

Opinion

NEWS

Today's E-paper

Report on voting pattern

uk

Politics

Proposed electoral offences commission gets mixed reactions

Political stakeholders have expressed divergent views on the proposed electoral offences commission, which would be…

I will form a government of national unity – Atiku Abubakar

Former Vice President and People’s Democratic Party (PDP) presidential candidate, Atiku Abubakar, has declared that…

Can Friday Nwanozie Nwosu fix Abia APC?

When Senator Abdullahi Adamu, National Chairman of All Progressives Congress, APC, told the Abia State chapter to…

2023: I left APC to work against Abiodun re-election as Ogun governor…

Rotimi Paseda, a two-time governorship candidate in Ogun State has declared his intention to team up with other…

Cost of Living Crisis

Households cost of living crisis intensifies as inflation hits 17yr high

Africa’s biggest economy is facing the highest rates of inflation since October 2005, with households suffering the…

Cooking oils, egg see fastest spike in prices on surging demand

Vegetable oil, palm oil, eggs, bread, and wheat flour have been identified to be the current major drivers of the…

RUSSIA - UKRAINE CONFLICT

UN report shows magnitude of war’s toll on Ukrainian civilians

The UN Human Rights Office has outlined a litany of abuses and possible war crimes carried out by Russian forces in…

How Russia-Ukraine war may stress Nigerians, others beyond 2022

There are fears that the Russia-Ukraine war will likely drive economic instability in Nigeria and other countries…

VOTER CARDS REGISTRATION TRACKER

Big Story

To curb oil theft, NNPC adopts Saudi Aramco’s model…

Oladehinde Oladipo

FG shifts to cautious mode on 2023 oil projections

Isaac Anyaogu

NNPC to outsource refinery management after repairs

Isaac Anyaogu

Coronavirus Watch

Only 24.4% of eligible Nigerians vaccinated so far- FG

Anthony Ailemen

COVID-19 vaccine supply now sufficient but demand lacking – WHO

Godsgift Onyedinefu

COVID-19 cases rise in Africa driven by South Africa – WHO

NAN

Videos

Video: IMF bailout animation

IMF bailout animated

Weekly market update 22nd-26th August 2022

The Nigerian equities market declined 4bps or 0.04% as the NGX-ASI closed at 49,682.15 points. Accordingly, the Year-To-Date (YTD) return of…

Video: Market update for 22nd August 2022

Video: Half year financial result of Lafarge cement on the Nigerian…

Half year financial result of Lafarge cement on the Nigerian Exchange Group

Video: BUA Cement half year Financial result

The ‘bad’, bad & ugly: Four charts showing Nigeria’s…

The "bad", bad & Ugly: Four charts showing Nigeria's fiscal performance between January & April 2022

Cocoa’s rise and fall as Nigeria’s top export

Cocoa was one of the main sources of income in Nigeria prior to Independence, but that changed following the exportation of crude oil in…

Jailbreaks in Nigeria since 2016: Timelines and numbers

Jailbreaks in Nigeria since 2016: Timelines and numbers

Olawale Fasanya, SMEDAN’s DG/CEO, is committed to helping SMEs grow

OLAWALE FASANYA, SMEDAN’s DG/CEO, is committed to helping SMEs grow

How to make money from stocks amid rising interest rates

How to make money from stocks amid rising interest rates

Watch how to calculate your personal inflation rate

How to Calculate Your Personal Inflation Rate

Animation: Comparing Nigeria’s economy in 2015 and 2022

The comparison of total debt, the cost of a plane ticket, the cost of household items (palm oil, gas, four, pasta, bread, fish, rice),…

BD Weekender

Book review: Man above death

BusinessDay
Title: MAN ABOVE DEATH Author: Princewill Aghimien Publisher: Skitz Records Year of publication: 2022…

Is loving a damaged person a form of self-destruction? -A Review of…

Titilade Oyemade
Title: Broken Author: Ufuomaee Year of Publication: 2021 Number of Pages: 124 Category: Fiction…

Creative Team: Bringing Marketing Strategies to Life

Feyisitan Ijimakinwa
For brands to have an impact, marketing ideas need to make it out of the strategy meeting and into the real world.…

News Roundup: Nigeria, six others home to half of world’s unbanked…

Ebunoluwa Ladipo
Nigeria, six others home to half of the world's unbanked population According to the World Bank's 2021 Global…

Sponsored

Financial goals: Investment Instruments versus Life Insurance

Sponsored Post
To invest or not to invest, is that even a question? It’s a well-known fact that when you invest, your money works…

Grenada – The best Citizenship-by-Investment Program

Sponsored Post
For the world’s super-rich and influential high-net-worth-individuals, ensuring that there are multiple streams of…

Asana – The leading work management platform

Sponsored Post
As individuals and organisations worldwide cope with the new norm and working structure due to the impact of…

Eyowo Launches digital first mastercard amid growing demand for digitally…

Sponsored Post
.As one of the first partner in Nigeria to join Mastercard’s Digital First Card Program, Eyowo delivers…

Technology

Eyowo unveils digital-first Mastercard to boosts money management solutions

Chinwe Michael
Eyowo, an integrated payment company, and microfinance bank has unveiled its digital-first payment offering in the…

Anchor launches public beta API to provide financial products in Nigeria

Chinwe Michael
Anchor, a banking-as-a-service (BaaS) platform has launched its public beta Application Programming Interface (API)…

DSN unveils AI-powered education platform to boosts future of work

Chinwe Michael
Data Scientists Network (formerly known as Data Science Nigeria DSN), an Artificial Intelligence technology…

AMS-IX, MDXI to launch neutral internet exchange services in Nigeria

Francis Onyemachi
AMS-IX, Internet Exchange operator and MainData Nigeria Limited (MDXI), an Equinix company, have signed a…

Economy

2023 elections may affect investor sentiments – PwC

Eniola Olatunji
The 2023 elections in Nigeria might affect investor sentiments across all markets, PwC Nigeria has said…

Households cost of living crisis intensifies as inflation hits 17yr high

Bunmi Bailey
Africa’s biggest economy is facing the highest rates of inflation since October 2005, with households suffering the…

Explainer: How CBN violates own law to finance FG

Teliat Sule
The debt owed by the Federal Government of Nigeria (FGN) to the Central Bank of Nigeria (CBN) has ballooned in…

FG to borrow N11.3trn as 2023 budget deficit jumps

James Kwen
The federal government plans to spend N19.76 trillion in 2023, a 15.37 percent increase from the amount earmarked…

Energy

Nigeria faces tough choice of N6trn petrol subsidy in 2023

Isaac Anyaogu
The Nigerian government has the difficult prospect of spending over N6 trillion on petrol subsidies next year…

All On, Mobile Power sign £1m investment, deepen pay-per-use battery…

Chinedu Ndigwe
Shell-funded impact investment company, All On has announced a £ 1 million investment in Mobile Power Limited, to…

Fuel subsidy presents Nigeria tough choice of burning N6trillion in 2023

Isaac Anyaogu
The Nigerian government has the difficult prospect of burning over N6trillion on petrol subsidies next year amidst…

To curb oil theft, NNPC adopts Saudi Aramco’s model…

Oladehinde Oladipo
With oil theft and pipeline vandalism overwhelming Nigeria’s oil business in recent weeks, the Nigerian National…

Markets

Market sees first gain this week as Guinness, NGX Group, others rally

Iheanyi Nwachukwu
Nigeria’s equities market on Wednesday booked its first gain since this week, rising by about N105billion or…

FMDQ Exchange approves registration of Infinity Microfinance Bank N5bn…

Iheanyi Nwachukwu
Having successfully met the FMDQ Exchange Commercial Paper (CP) Quotation requirements and following the subsequent…

Market moves further south as Cadbury, others drive N19bn loss

Iheanyi Nwachukwu
Nigeria’s equities market closed further in the red zone on Tuesday August 30 as investors remained cautious about…

Nigerian Breweries, Caverton, others cause market’s N2bn loss as week opens

Iheanyi Nwachukwu
Nigeria’s equities market kicked-off this new week on a negative note amid bearish bias that trails the local…
women's hub
See Past Editions
Download
Download
screenshot_20210129-162433
Download
weekender
See Past Editions

Interview

Nigeria must address its weak economy and insecurity, to curb brain drain-…

Charles Ogwo
Tijani Musa Isah, 58th President of the Institute of Chartered Accountants of Nigeria (ICAN) bares his mind on how…

Targeted by US, labelled with fraud by media, Ping Express ex-CEO tells his…

Caleb Ojewale
Recently, when news platforms in Nigeria broke some stories of fintech companies with Nigerian ownership facing…

Meet Obi, a tech entrepreneur providing cybercrime solutions

Charles Ogwo
David Obi is a tech entrepreneur and the co-founder of the compliance and security infrastructure platform known as…

Chuks Ekwueme: A serial entrepreneur promoting STEM initiative

Josephine Okojie
Chuks Ekwueme is a specialist in tech and a pioneer cum entrepreneur with interdisciplinary experience and a…

Companies

Fidelity Bank to pay N2.89bn interim dividend as half year PBT hits…

Iheanyi Nwachukwu
Fidelity Bank Plc has released its financial statements for the half-year (H1) period ended June 30. Highlights…

Presco: sustaining momentum amidst rising cost of fertilisers, energy

Favour Ashinze
With half-year profit at a 10-year high, Presco Plc has shown resilience in the first half (H1) of 2022 despite…

Polo introduces Franck Muller to Nigerian market

Emelike Obinna
Polo has announced its partnership with Franck Muller, leading Swiss watch brand, as the brand’s official partner…

How Flutterwave makes shopping in local African stores easy for people…

Abubakar Ibrahim
Flutterwave has made buying and paying for items in African local stores easy for shoppers abroad, according to the…

CLIMATE/ ENVIRONMENT

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

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

Nigeria commits to UN water treaty

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

How to curb the flood menace in Lagos

Chinedu Ndigwe
As the rainy season emerged during the first week of March, residents of Satellite Town, Lagos have been troubled…

Reps ask NNPC to put out ‘unending’ fire at Caritas University

James Kwen
The House of Representatives has called on the Nigerian National Petroleum Company Ltd (NNPC) and its subsidiaries,…

Toon of the day

The World of Debt

Podcast

Life + Art

Court stops NBC from shutting down the media houses

Usoro Glory Esther
The Federal High Court in Lagos on Monday, 29th August, stopped President Muhammadu Buhari, and the National…

Nigeria’s entertainment consumption revenue among world’s top…

Usoro Glory Esther
PricewaterhouseCoopers (PwC), a global consulting firm in the world, has projected that Nigeria’s consumer revenue…

Palestinians urge African creative market to reject Israeli film funds

Usoro Glory Esther
The Palestinian civil society on Friday, 26 August urged the Africa Creative Market (ACM) to drop the complicit…

Emerging Nigerian movie studio to debut workplace dramedy on Netflix

Anthony Udugba
Bolu & Emmanuel Essien, founders of Evolving Light Studios, Nigeria are set to debut their 6-part dramedy…

Africa

Electricity workers suspend strike

Kelvin Okojie
Electricity workers under the umbrella of the National Union of Electricity Employees (NUEE) have suspended their…

William Ruto: From campaign team treasurer to president

Faith Omoboye
United Democratic Alliance’s Yellow flooded the streets of Kenya as the electorate rejoiced at the announcement of…

US outlines new sub-Saharan Africa policy

Iwok Iniobong
The United States has outlined new strategy for sub-Saharan Africa targeted at boosting economy and deepening…

AfDB to help Ivory Coast achieve all-inclusive economic growth

Kelvin Okojie
The African Development Bank (AfDB) has promised to continue its partnership with the government of Ivory Coast and…

World

Mikhail Gorbachev, Soviet Union’s last leader dies at 91

Temitope Oladeji
Mikhail Gorbachev is dead. He was the last leader of the Soviet Union before the Union's collapse in 1991. He was…

20 die in fresh Iraq clashes as US officials leave Baghdad embassy via…

Oladeji Temitope
Fresh fighting has erupted in the green zone area of Baghdad, the capital of Iraq, between the personal militia of…

Pakistan: Flood leaves 1000 dead and nearly 1m homeless

Faith Omoboye
For over eight weeks Pakistan has been facing unending torrential rainfall that has submerged one-third of its land…

Darya Dugina: She died for Russia, says father, Alexander

Faith Omoboye
Hundreds of mourners gathered for the memorial ceremony of Darya Dugina the daughter of Alexander Dugina, Russia's…

Top Stories

Lower JAMB cut-off marks seen as threat to education

Charles Ogwo
The lowering of the cut-off marks for admission into universities and other higher institutions in Nigeria poses a…

Banks’ interest income jumps in H1 on rate hike

Proposed electoral offences commission gets mixed reactions

Recent

How top universities comply with JAMB cut-off mark

Nigeria faces tough choice of N6trn petrol subsidy in 2023

New Pharmacy Act aims to cripple multibillion open drug market

Oil theft claims outrageous, says Navy chief

COLUMNISTS

Satanic verses or a journey towards hope (2)

Babs Olugbemi

Lightening the mood: Laughter is still the best medicine (2)

I.K Muo

Nigeria has no heroes

Chris Akor

How to build the right teams for your organisational success

Taopheek Babayeju

Border closure economics: The amazing longevity of bad ideas

David Hundeyin

Today's E-paper

OPINION

A legal introspection into trademark rights in Nigeria: Sabinus’ as a…

Oluwatimilehin Olowoyo

Will writing: Myths and misconceptions

Bunkaya Bitrus Gana

Improving access to finance for MSMEs: Issues, challenges, and…

Tunde Mabawonku

News

Sports in brief : Nadal progresses to US Open, transfer news

Temitope Oladeji
The Spaniard and four times champion Rafael Nadal took centre stage against Rinky Hijikata on Tuesday at the US…

Railway line thieves arrested in Kwara State

Big Story

To curb oil theft, NNPC adopts Saudi Aramco’s model…

Oladehinde Oladipo
With oil theft and pipeline vandalism overwhelming Nigeria’s oil business in recent weeks, the Nigerian National…

FG shifts to cautious mode on 2023 oil projections

Politics

Proposed electoral offences commission gets mixed reactions

Political stakeholders have expressed divergent views on the proposed electoral offences commission, which would be…

I will form a government of national unity – Atiku Abubakar

Former Vice President and People’s Democratic Party (PDP) presidential candidate, Atiku Abubakar, has declared that…

Can Friday Nwanozie Nwosu fix Abia APC?

When Senator Abdullahi Adamu, National Chairman of All Progressives Congress, APC, told the Abia State chapter to…
uk

EPL review : Chelsea bows to the resurgent Saints

Temitope Oladeji
Southampton hosted Chelsea on Tuesday night with the aim of bouncing back from their home defeat to Manchester…

Osun election: Adeleke, PDP, INEC hire 8 SANs, 45 lawyers to tackle…

To curb oil theft, NNPC adopts Saudi Aramco’s model…

NNPC to outsource refinery management after repairs

TOON OF THE DAY

The World of Debt

Why now is good time to invest in real estate amid bad economy

Chuka Uroko
Despite the poor state of Nigeria’s economy as reflected in a galloping inflation that peaked at 19.64 percent in…

Nigeria’s 95% digital literacy by 2030 promising – Pantami

Reps chide AGF over failure to monitor MDAs’ revenue

EPL week 4 review

Cost of Living crisis

Households cost of living crisis intensifies as inflation hits 17yr high

Bunmi Bailey
Africa’s biggest economy is facing the highest rates of inflation since October 2005, with households suffering the…

Cooking oils, egg see fastest spike in prices on surging demand

Coronavirus

Only 24.4% of eligible Nigerians vaccinated so far- FG

The federal government on Monday said the present record of only 24.4% of the total eligible population fully…

VOTER CARDS REGISTRATION TRACKER

BD Weekender

Book review: Man above death

BusinessDay
Title: MAN ABOVE DEATH Author: Princewill Aghimien Publisher: Skitz Records Year of publication: 2022…

Is loving a damaged person a form of self-destruction? -A Review of…

Creative Team: Bringing Marketing Strategies to Life

News Roundup: Nigeria, six others home to half of world’s…

Start-Up Journal

Meet Obi, a tech entrepreneur providing cybercrime solutions

Charles Ogwo
David Obi is a tech entrepreneur and the co-founder of the compliance and security infrastructure platform known as…

Chuks Ekwueme: A serial entrepreneur promoting STEM initiative

Adequate finance, innovative ideas not enough to grow sustainable…

Videos

Video: IMF bailout animation

BusinessDay
IMF bailout animated

Weekly market update 22nd-26th August 2022

Video: Market update for 22nd August 2022

Video: Half year financial result of Lafarge cement on the Nigerian…

Financial goals: Investment Instruments versus Life Insurance

Sponsored Post
To invest or not to invest, is that even a question? It’s a well-known fact that when you invest, your money works…

Grenada – The best Citizenship-by-Investment Program

Asana – The leading work management platform

Eyowo Launches digital first mastercard amid growing demand for…

Simplified by Cowrywise: Agriculture needs patient capital, not short…

Interview

Nigeria must address its weak economy and insecurity, to curb brain drain- Isah

Charles Ogwo
Tijani Musa Isah, 58th President of the Institute of Chartered Accountants of Nigeria (ICAN) bares his mind on how…

Targeted by US, labelled with fraud by media, Ping Express ex-CEO…

Meet Obi, a tech entrepreneur providing cybercrime solutions

Technology

Eyowo unveils digital-first Mastercard to boosts money management solutions

Chinwe Michael
Eyowo, an integrated payment company, and microfinance bank has unveiled its digital-first payment offering in the…

Anchor launches public beta API to provide financial products in…

DSN unveils AI-powered education platform to boosts future of work

AMS-IX, MDXI to launch neutral internet exchange services in Nigeria

LinkedIn Local Lagos 3.0 features career talks to boost offline…

Economy

Nigeria faces tough choice of N6trn petrol subsidy in 2023

Isaac Anyaogu
The Nigerian government has the difficult prospect of spending over N6 trillion on petrol subsidies next year…

All On, Mobile Power sign £1m investment, deepen pay-per-use battery…

Fuel subsidy presents Nigeria tough choice of burning N6trillion in…

To curb oil theft, NNPC adopts Saudi Aramco’s model…

FG shifts to cautious mode on 2023 oil projections

Markets

Market sees first gain this week as Guinness, NGX Group, others rally

Iheanyi Nwachukwu
Nigeria’s equities market on Wednesday booked its first gain since this week, rising by about N105billion or…

FMDQ Exchange approves registration of Infinity Microfinance Bank N5bn…

Market moves further south as Cadbury, others drive N19bn loss

Nigerian Breweries, Caverton, others cause market’s N2bn loss as week…

Stocks gain N167bn in one week on increased bargain

Premium

Lower JAMB cut-off marks seen as threat to education

Charles Ogwo
The lowering of the cut-off marks for admission into universities and other higher institutions in Nigeria poses a…

Banks’ interest income jumps in H1 on rate hike

Proposed electoral offences commission gets mixed reactions

Peter Obi wants Nigerians linked to oil theft punished

Only 35% of Nigerian hospitals have basic hygiene service

Africa

South Africa license first locally produced rapid antigen test kit for Covid

Our Reporter
South Africa’s Health Products Regulatory Authority (Sahpra) has approved the first locally developed antigen test…

South African scientists lash out at countries imposing travel bans…

Omicron variant: AfDB postpones Africa investment forum

Danish military kills four pirates off Nigeria coast

Businessday Investigates

Poor hearts in barrels of harmful oils

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

Podcast

Women In Business

Continuous improvement is better than delayed perfection

BusinessDay
“Sis, when are you starting the new fitness plan that you discussed with your lifestyle consultant? It’s already…

7 tips to strengthen your personal finance in the remaining months of…

Why you should stop running to win the rat race

Treat people as you wish to be treated

Magazines

More Stories

Banks’ interest income jumps in H1 on rate hike

Opeyemi Kalejaiye
The interest income of Nigerian banks rose in the first half of 2022 after a much-needed boost from higher interest…

Proposed electoral offences commission gets mixed reactions

Iwok Iniobong
Political stakeholders have expressed divergent views on the proposed electoral offences commission, which would be…

A legal introspection into trademark rights in Nigeria: Sabinus’ as a case study

Oluwatimilehin Olowoyo
Trademarks are signs, slogans, symbols and logos that a person creates for themselves or another. These elements…

Satanic verses or a journey towards hope (2)

Babs Olugbemi
Nigeria is better as one big united country with a greater diversity of culture and people. That was my latent…

Will writing: Myths and misconceptions

Bunkaya Bitrus Gana
A Will is an acknowledgement of mortality - a physical reminder that we are after all mortals. A Will is often…

Lightening the mood: Laughter is still the best medicine (2)

I.K Muo
I continue with last week’s intervention by berthing in the political arena. Alhaji Shetima, the APC VP candidate…