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Businessday Investigates

Covid-19 adds to misery of homeless Nigerians in Lagos

IBRAHIM ADEYEMI spent three nights with some homeless Nigerians in Lagos, to have a front-row…

Short Takes

Five things to start your day

The domestic equities market yesterday sustained its bullish streak for the…

5 reasons a fund manager is your plug in a declining yield environment 

The uncertainty in Nigeria’s investment environment, heightened by the outbreak…

Here’s why Shoprite is leaving Nigeria after 15 years

Africa's largest food retailer, Shoprite Group of Companies, said in…

Updated: COVID-19: FG extends protocols for another four weeks

Federal government said it will maintain the COVID-19 protocols which are currently in operation for managing…

Only 1.2% Nigerians enjoyed government’s COVID-19 palliatives – SBM…

The Federal Government’s effort to cushion the impact of economic and health crisis brought about by the COVID-19…

Covid-19: Governor Diri lifts ban on midweek church services in Bayelsa

Governor Douye Diri of Bayelsa State has lifted the ban on midweek church services, which he imposed as part of…

Kwara deputy governor’s wife tests positive for COVID-19 

The Kwara State Deputy Governor and Chairman of the state Technical Committee, Kayode Alabi and his wife, Abieyuwa…

COLUMNISTS

PREMIUM

Start-Up Journal

‘Savvy fellowship’ launched to groom fresh entrepreneurs, calls…

A global fellowship program has been launched to impact 10,000 professionals through an initiative called “Savvy…

Benedicta Enodiana: Building successful fashion business

Benedicta Enodiana, founder, Dreamy Fabrics &More, is among the few female entrepreneurs that are building…

How Dunnice became successful brand in event industry

Dunnice is one of the successful brands in Nigeria’s event industry. But its success did not come overnight. It…

GEEP: Timely intervention for Nigeria’s bottom of the pyramid

It is indisputable that the Government Enterprise & Empowerment Program (GEEP) came at the appropriate time.…

Sponsored

FCMB Group Records Impressive Half Year Results as Profit Before Tax Rose…

FCMB Group Plc has again proved its resilience and capability to deliver outstanding performance and returns to…

CLOUD set to drive Africa’s inclusive AI future

JOHANNESBURG, July 2020 – Cloud computing offers unique opportunities to drive inclusive growth and economic…

Optimising the Cloud journey

Cloud services are critical for SMEs in the current environment, but they require experienced advisory…

Why study Business in 2021?

Prof Bill Russell, an Economist and Associate Dean for International in the School of Business, at the University…

Third Mainland Bridge Closure

Only 25 percent of vehicles on 3rd Mainland Bridge being diverted- FRSC

Only 25 percent of total daily vehicular traffic on the partially closed Third Mainland Bridge are being diverted.…

Why motorists spend longer hours on Eko Bridge

The Federal Government has explained why motorists on Eko Bridge in Lagos have had to endure pains and stress of…

Third Mainland Bridge closure: Here are alternative routes for you

Don't get trapped in the heavy traffic build-ups that have become the order of the day on Third Mainland Bridge…

Fashola assures motorists of improved traffic situation on Third Mainland…

Minister of Works and Housing, Babatunde Fashola, has assured the motoring public that the traffic…

Women in Business

H.E Bisi Adeleye-Fayemi, the social entrepreneur and gender development…

Her Excellency, Erelu Bisi Adeleye-Fayemi is the First Lady of Ekiti state. She is a feminist activist,…

Women groups want G20 members to recognise women as drivers of economic…

While the COVID-19 pandemic is expected to cause an unprecedented global economic downturn, UN Women, the UN arm…

BUKKY GEORGE, on scaling HealthPlus Pharmacy, surviving COVID-19 and…

Bukky George is the Founder & CEO of HealthPlus Limited, Nigeria’s first integrative pharmacy, the…

Women in Business: Binta Masi Garba

Binta Masi Garba is a Nigerian politician, businesswoman and administrator. She served the Federal House of…

Interview

How I-invest can help to build wealth from stock market, by Oluseye Olusoga

Sterling Bank Plc, in collaboration with Parthian Partners, launched a new mobile banking application known as…

Covid Hero interview with Bola Atta

The Covid Hero campaign by The Luxury Network Nigeria, in partnership with Business Day, and Robert Taylor Media…

‘Child labour education will reduce use of underage domestic staff’

Elizabeth Ajetunmobi is the chief executive officer of Aymie Staffing Solutions and the president of the…

Companies

FBN Holdings to inject N25bn into FirstBank

FBN Holdings Plc said it is injecting N25 billion capital into the group commercial banking arm, FirstBank Limited.…

NOVA Merchant bond issuance to increase earnings capacity, CFO says

Nova Merchant Bank Limited said the derby bond issuance will increase earnings capacity and help build a more…

FCMB Group records impressive half Year 2020 results as PBT rose by 26%

FCMB Group Plc has again proved its resilience and capability to deliver outstanding performance and returns to…

Financial Times

How to close the gender pay gap

Women around the world will have to wait another two centuries for the global gender gap to fully close. That’s…

TikTok deal tests Microsoft’s decades of China experience

More than two decades of efforts by Microsoft to put down roots in China may soon bring a partial pay-off, if it…

Beirut explosion: Blast bares failings of a ‘collapsing’ system

The traders and shippers who spent their days cutting deals and counting containers in Beirut’s port knew there was…

Economy

Ortom signs fiscal responsibility, three other laws

In fulfillment of his promise to ensure transparency and accountability in government, Benue State Governor, Samuel…

Lagos engages stakeholders on 2021 budget

Lagos State government has begun engagement with stakeholders to get their inputs into the making of the 2021…

A guide into Nigeria’s multiple exchange rate

Besides the official exchange rate, used mainly for government transactions and the budget, Nigeria maintains a…

Energy

Port Harcourt joins to sell fuel at N150 per litre

Port Harcourt has joined in adjusting their pumps to N150 per litre flat for fuel. The Petroleum Products Marketing…

NNPC wants to become an integrated energy company, what does it really…

The Nigerian National Petroleum Corporation (NNPC) says its on-going reform is geared towards transforming the…

ENI says allegations against it in respect of OPL245 were all false

Eni one of the companies that is involved in the controversial OPL245 has debunked the allegations that were levied…

Politics

Edo Assembly invasion: We don’t control the police, says APC

The Edo State chapter of the All Progressives Congress (APC) says it has no control over the activities of the…

Groups condemn Thursday invasion of Edo Assembly Complex

The failed attempt, Thursday, to forcefully take over the Edo State House of Assembly Complex at Ring Road, Benin…

Only leadership with integrity can guarantee a prosperous nation –…

Governor Seyi Makinde has said that Nigeria would become prosperous when its leadership begins to demonstrate…

Markets

Volume of dollar sales at I&E forex window falls to $937.27m

The volume of dollars traded in the Investors and Exporters (I&E) FX window fell by 6 percent to $937.27…

Bargain hunting puts over N120bn in Nigeria stock investors pockets

Within just four trading days into this week, Nigeria's stock investors have pocketed about N123billion as capital…

Stocks close another trading session in green as investors buy Mobil, CAP,…

Nigeria’s stock market witnessed positive close for the third time this week, thanks to investors that bought…

Technology

NCC says Nigerian banks owe telcos N17billion for USSD transactions

The Nigerian Communications Commission (NCC) has said that commercial banks in Nigeria are currently in debt of…

Luno inks Genesis partnership to enable crypto holders earn interest from…

Luno’s over 4 million customers across the world will now be able to earn interest from their cryptocurrency…

Google Pay speed up US launch with 6 new partners 

Google’s plan to launch a digital banking service may be accelerating with the recruitment of six banking partners…

New survey reveals financial and lifestyle impact of COVID-19 on Gig…

The COVID-19 pandemic has revealed the struggles and lapses in sectors of different economies globally. Earlier in…

Life and Culture

Lilo, Ka3na speak on relationship with housemates 

Big Brother Naija Lockdown housemates witnessed their very first Eviction Night show on Sunday, August 2, 2020.…

Bayegun (Woli Arole) changing his narrative with film production

Oluwatoyin Bayegun, Known as Woli Arole, is a Nigerian comedian, actor and on-air personality. He was born on…

Online social platform ‘mentoring her’ set to empower women

‘Mentoring Her’, an online social platform that virtually connects female mentors and mentees where they can…

EbonyLife TV pulls plug on DSTV, to begin life as streaming service

Weeks after it announced that it was ending its service on DSTV, EbonyLife TV has finally pulled the plug on the…

Top Videos

Podcast

Market Intelligence

The paradox of lower yield but higher risk

It is amazing how everyone looked forward to 2020 as the “magic year” only for the yearning aspirations to be…

Unilever see share price and gross profit drop by 60 percent in 3 years

Unilever Nigeria has seen their share price decline by around 63 percent as investors repriced the company…

Nigeria’s Stock Market adds 4,000 points since hitting multiyear lows in…

Since falling to multi-year lows in April, the Nigerian Stock Market All Share Index has now jumped around 4,000…

Aswath Damodaran: Valuations: Key lessons to take away

The Second edition of the Coronation Capital Masterclass which discussed "Corporate Finance and Business Valuation"…

Backpage

Nigeria’s free fall into China’s debt trap!

Quote: “A dog that refuses to heed the warning call from the hunter’s whistle will end up missing.”…

Assessing performance of Nigeria’s industrial plan

In early 2014, economic and development experts gathered in Abuja to launch the National Industrial Revolution Plan…

Adewunmi Ogunsanya – Visionary behind MultiChoice success story in…

MultiChoice Nigeria Limited, a leading entertainment company and operator of DStv and Gotv is a success story that…

Climate change: asset managers join forces with the eco-warriors

As 2020 kicked off, Dan Gocher at the Australasian Centre for Corporate Responsibility, a shareholder advocacy…

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In Other News

Today's E-paper

Columnists

Businessday Investigates

Covid-19 adds to misery of homeless Nigerians in Lagos

IBRAHIM ADEYEMI spent three nights with some homeless Nigerians in Lagos, to have a front-row experience of how…

Premium

Sponsored

FCMB Group Records Impressive Half Year Results as Profit Before Tax Rose by 26%…

FCMB Group Plc has again proved its resilience and capability to deliver outstanding performance and returns to…

Podcast

Magazines

More Stories

COVID-19: Sambus Geospatial Ltd donates N5m worth software to government

As part of measures to combat COVID-19 spread through Geographical Information System (GIS) solutions, Sambus…

Edo Assembly invasion: We don’t control the police, says APC

The Edo State chapter of the All Progressives Congress (APC) says it has no control over the activities of the…

Debt Management Office to resume Savings Bond offer

The Debt Management Office (DMO) has announced the resumption of its Offer of the Federal Government of Nigeria…

Groups condemn Thursday invasion of Edo Assembly Complex

The failed attempt, Thursday, to forcefully take over the Edo State House of Assembly Complex at Ring Road, Benin…

FBN Holdings to inject N25bn into FirstBank

FBN Holdings Plc said it is injecting N25 billion capital into the group commercial banking arm, FirstBank Limited.…

NCC says Nigerian banks owe telcos N17billion for USSD transactions

The Nigerian Communications Commission (NCC) has said that commercial banks in Nigeria are currently in debt of…