Coronavirus : Live Updates
Abule-ado: The collapse of a community
By a pile of shattered pillars and slabs that had rapidly changed from wearing grey to smoky black,…
Here’s what S&P’s downgrade on Nigeria means for you
Global rating agency Standard & Poor’s has downgraded Nigeria’s credit…
Coronavirus cases in Nigeria hits 51
Five new cases of Coronavirus (covid-19)…
17 things we learnt from Seplat’s 2019 financial report
Nigerian independent oil and gas company, Seplat has released its 2019 audited…
Coronavirus: Eleven listed firms postpone board, annual general meetings
Following the directives from the Nigerian authorities managing the novel coronavirus
(COVID-19), eleven listed…
Nigeria adds 14 to Coronavirus cases, taking total to 111
The number of Coronavirus cases in Nigeria grew by 14 new cases Sunday evening ,taking the country’s total to 111,…
Tinubu donates N200m to fight Coronavirus
Former governor of Lagos State, Bola Ahmed Tinubu has donated N200 million towards the fight against the…
OIL PRICE CRASHES, ECONOMY IN TURMOIL
Nigeria sells its crude at discount to undercut rivals in bruising oil…
Nigeria seems to be carving out front in the North Sea market covering the Norwegian sea by offering its crude at…
Dollar sells for N400 at black market after CBN adjusted FX
The foreign exchange pressure resumed on Monday, as the dollar sells at N400 at the black market after the Central…
Stock market to remain volatile
The Nigerian stock market will remain volatile today Monday March 23 given the circumstances surrounding the…
Nigeria’s external reserves slip below $36bn, lowest in 29 months
Nigeria’s external reserves on Wednesday fell below $36 billion mark, touching its lowest levels in 29 months.
The…
PREMIUM
Buhari’s legacy in jeopardy as Nigeria risks second recession in 5 years
A second recession in five years could upend President Muhammadu Buhari’s legacy and become the enduring symbol of…
Nigeria awaits tsunami of jobless as coronavirus hits businesses
With economic activities in the country almost grinding to a halt due to the coronavirus pandemic, Nigeria could…
EDITORIAL
As GTBank leads in giving for Corona
GTBank scores a major positive for corporate Nigeria today with the opening of a new 100-bed hospital it has built…
Climbing coronavirus cases will test Nigeria’s poor healthcare system
Many poor Nigerians can't afford to fall ill, much less survive the coronavirus pandemic or a total lockdown to…
Coronavirus crisis will test CBN’s balance sheet
As Nigeria faces perhaps its biggest economic test in decades, the move by the Central Bank of Nigeria (CBN) to…
Containing the spread of coronavirus
As the number of cases with Covid-19, the novel coronavirus, rises in Nigeria implementing measures required to…
Wealth And Investing
Low priced stocks offer entry points for investors
Global stocks rebounded on Friday as investors appeared willing to put their faith in vast stimulus moves from central banks and governments to shore up economies against the fast-spreading…
In Focus
Insight
Infograph of the week
Women in Business
Women in Business: Sharon Ikeazor
Sharon Ikeazor (born August 28, 1961) is a Nigerian lawyer, politician and management consultant. She is the former…
Women in Business: Anino Emuwa
Anino Enuwa is the founder and managing director of Avandis Consulting in France which has a subsidiary in Nigeria.…
Women in Business: Oluwakemi Okusanya
Visa is a global payments technology company working to enable consumers, businesses, banks and governments to use…
Women in Business: Chinwe Esimai
Chinwe Esimai is a Thought leader, trailblazing corporate executive, inspiring immigrant women leaders to…
Sponsored
A Call to President Buhari to Save the Investors at LADOL Free Zone
We call upon Mr President to save foreign investments in LADOL; we call upon Mr President to act fast for the sake…
The Need to Break LADOL’s Monopoly to Attract Investors in Lagos Free Zone
The Federal Government of Nigeria had set up the free zones to attract foreign direct investment (FDI), generate…
Abbey strategic deal with VFD to facilitate bank’s growth plan,…
Abbey Mortgage Bank Plc has announced that the strategic partnership with VFD Group Plc would enable the company…
Companies
Coronavirus: APM Terminals’ commits N100m to contain outbreak in…
In the wake of the Coronavirus pandemic, APM Terminals Nigeria has earmarked N100 million to support the efforts of…
Coronavirus: Air Peace evacuates 274 Israelis to Tel-Aviv
Nigeria’s biggest carrier, Air Peace evacuated about 274 Israelis from the Murtala Muhammed International Airport…
Economy
Global economy slips into recession on Coronavirus impact says IMF
Ravaging Coronavirus pandemic which began as a health crisis has now pushed the global economy into a recession -…
Fitch slams downgrade on Nigerian lenders after Moody’s warned about banks’…
Fitch Ratings has downgraded the three-highest rated banks in Nigeria to Long-Term Issuer Default Rating (IDR) 'B'…
S&P downgrades Nigeria deeper into junk over oil price decline
Global rating agency Standard & Poor’s has downgraded Nigeria’s credit rating further into junk territory on…
Energy
NNPC assures of robust Petroleum products supply amid Coronavirus scare
The Nigerian National Petroleum Corporation (NNPC) has advised against panic buying from the people assuring…
Oil market volatility box Nigeria to a corner
Crude oil prices have fallen significantly since the beginning of 2020, largely driven by the economic contraction…
Russia wants enlarged new deal with OPEC to tackle oil collapse
There might be a new turn in sight as Russia pushes for a new OPEC+ deal to balance oil markets.
On…
Politics
Coronavirus: PDP attacks Buhari, says address empty, failed to address…
The Peoples Democratic Party (PDP) has described President Muhammadu Buhari’s long awaited address on the…
Tinubu represents our unifying, rallying point – APC Governors
All Progressives Congress (APC) Governors under the auspices of the Progressive Governors Forum (PGF) said the…
Nigeria’s economy in jeopardy as closure of NASS affects passage of…
As the National Assembly recently shut down to prevent the spread of the dreaded coronavirus, the closure of the…
APC hails Ministers for donating 50% of March salary to contain coronvirus
The ruling All Progressives Congress (APC) has commended Ministers for the gesture of donating 50 percent of their…
Life and Culture
International Breweries backs Tuface’s e-concert to curtail coronavirus…
Innocent Idibia, popularly known as Tuface, will on April 12 hold an e-concert in a bid to slow the spread of the…
Africa partners UNWTO on tourism investment, security
Tourism ministers across the African continent are seeking further partnerships with the United Nations World…
‘2020 is a year of acceleration for Radisson Hotel Group’
The last four years have recorded strong growth for the Radisson Hotel Group in Africa. Within the…
Man Enough showing at Terra Kulture Arena every Sunday in February
Man Enough is the voice of man crying to be heard, yelling to be saved from a world that thinks he is ‘Super Man’;…
Technology
Ventures Platform, LASRIC draft seven health startups in fight against…
Seven health startups have successfully made it through the #COVID19InnovationChallenge and have been…
Coronavirus: Telcos didn’t support us until Pandemic outbreak –…
Chikwe Ihekweazu, the CEO of the Nigeria Centre for Disease Control has said that Telecommunications companies in…
Versatility in financial services through technology
Players in the financial services sector have increasingly seen the need to converge the customer’s needs into one…
Is Nigeria’s payment system ready for a coronavirus lockdown?
While the possibility of a lockdown is becoming a closer reality as the number of coronavirus cases rise in Nigeria…
Top Videos
Podcast
Market Intelligence
Coronavirus proves lethal to 3 year old Trump rally in US Markets
The fatality rate of coronavirus may be among the lowest of any health pandemics but for the Trump tax cut rally,…
Nigeria’s low market Cap to GDP ratio shows stocks are cheap
As of today, the Total Market Index is at $30 billion or N13.50 trillion, which is about 8.76 percent of the last…
Consumer goods firms aren’t efficient as gross margins slump
As a result of a result of weak discretionary consumer spending, rising inflation, and a slow growing economy,…
Nigerian big Banks’ profit hits N4.27 trillion in 7 years
In the last seven years, Nigerian largest banks have raked in a total profit of N4.27 trillion despite turbulence…
Financial Times
Trump and Xi speak after US and China trade barbs on coronavirus
Donald Trump and Xi Jinping spoke by telephone on Friday, signalling a potential thaw in relations between the…
European stocks fall after record Wall Street run
European stocks fell on Friday, undermining a record rally in US stocks the previous day, reflecting persistent…
The new wartime economy in the era of coronavirus
In the dog days of July 1938, amid German rumblings in Czechoslovakia’s Sudetenland, the British government led by…
US shale bust wrecks hopes for energy independence
The shale revolution that made the US the world’s biggest oil and gas producer and offered the prospect of energy…
Nigeria adds 14 to Coronavirus cases, taking total to 111
The number of Coronavirus cases in Nigeria grew by 14 new cases Sunday evening ,taking the country’s total to 111,…
Abule-ado: The collapse of a community
By a pile of shattered pillars and slabs that had rapidly changed from wearing grey to smoky black, Mrs. Ojo stood…
Coronavirus: Eleven listed firms postpone board, annual general meetings
Following the directives from the Nigerian authorities managing the novel coronavirus
(COVID-19), eleven listed…
Here’s what S&P’s downgrade on Nigeria means for you
Global rating agency Standard & Poor’s has downgraded Nigeria’s credit rating further into junk territory on…
OIL PRICE CRASHES, ECONOMY IN TURMOIL
Nigeria sells its crude at discount to undercut rivals in bruising oil price war
Nigeria seems to be carving out front in the North Sea market covering the Norwegian sea by offering its crude at…
Buhari’s legacy in jeopardy as Nigeria risks second recession in 5 years
A second recession in five years could upend President Muhammadu Buhari’s legacy and become the enduring symbol of…
INSIGHT
Wealth And Investing
Low priced stocks offer entry points for investors
Global stocks rebounded on Friday as investors appeared willing to put their faith in vast stimulus moves from…
Women In Business
Women in Business: Sharon Ikeazor
Sharon Ikeazor (born August 28, 1961) is a Nigerian lawyer, politician and management consultant. She is the former…
Magazines
Companies & Market
Coronavirus: APM Terminals’ commits N100m to contain outbreak in Nigeria
In the wake of the Coronavirus pandemic, APM Terminals Nigeria has earmarked N100 million to support the efforts of…
Economy & Politics
Coronavirus: PDP attacks Buhari, says address empty, failed to address concerns
The Peoples Democratic Party (PDP) has described President Muhammadu Buhari’s long awaited address on the…
Energy & Technology
NNPC assures of robust Petroleum products supply amid Coronavirus scare
The Nigerian National Petroleum Corporation (NNPC) has advised against panic buying from the people assuring…
Financial Times
Trump and Xi speak after US and China trade barbs on coronavirus
Donald Trump and Xi Jinping spoke by telephone on Friday, signalling a potential thaw in relations between the…