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Projects worth N12trn abandoned across Nigeria

Rising security challenges in Nigeria, which have impacted all businesses, are taking a deadlier toll on the hospitality sector, especially in the northern part the country, with dwindling investment in the sector due to perceived unsafe business…

The Week Ahead

e-naira set for release in the week ahead Nigerians should be set for an exciting week as the Central Bank of Nigeria (CBN) has said that it has concluded plans for the launch of its Central Bank Digital Currency (CBDC), the e-Naira on the 1st of…

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Videos

BusinessDay Diary (EP 11: Inside a Lagos factory changing the game in ice…

In today's episode of BusinessDay Diary, Kikelomo Adeniji, CEO, Iceplace Millennial, explains how she meets the demand for edible ice in the…

Businessday Diary Ep 10: Beyond the lens: The life, art of a Nigerian…

Today’s episode of BusinessDay Diary captures the life and art of Ayokunle, the CEO of Klala Photography. “The first person that booked us…

Businessday Diary Ep 9: How Olufon is helping businesses step up…

On today's episode of BusinessDay Dairy, Toyin Olufon, Principal Consultant, Lefort Consulting, speaks on managing finance, data analytics…

BusinessDay Diary Ep 8: Savenhart Technology Limited’s contribution…

On today’s episode of BusinessDay Media, Tolu Williams, founder of Savenhart Technology Limited talks about his contribution in renewable…

Announcing The Invincible Hands Exhibition

The Yemisi Shyllon Museum of Art is pleased to announce The Invincible Hands exhibition opening from August 28, 2021 – January 18, 2022.…

BusinessDay Diary (Ep 7): Farinu calls for more investment in digitisation,…

Today on BusinessDay Diary, the CEO of Swifta Systems and Services Limited Ayotunde Farinu speaks on digitization and automation. He also…

BusinessDay Diary (Ep 6): E’sorae Luxury on turning problems into profit

Today on BusinessDay Diary, Ewaen Sorae, CEO, E’sorae Luxury, shares insights on the hospitality business and how businesses can thrive in…

BusinessDay Diary (Ep 5): Surviving as an online meat vendor, Fola Balogun

In this episode of BusinessDay diary, Fola Balogun, founder of Ibile Treats, talks about key ingredients to thrive as an online meat vendor.…

BusinessDay Diary (Ep 4): With the CEO of Reals Pharmaceutical, Mr. Ade…

Mr. Ade Popoola, CEO, Reals Pharmaceutical, talks about the pharmaceutical sector and Nigeria’s chances of producing Covid-19 vaccines.

BD Weekender

Parenting in Nigeria

As Nigerians, our parents and grandparents told us tales of the good old days, when the dollar and naira were at…

Design fashion Africa, DFA, announces it’s season 3 top 10 countries

Africa is bustling with creative talents and innovative spirits; all looking for platforms that'll enable them to…

Could forests can help solve Africa’s housing challenges?

From Forest to Frame: Affordable Mass timber Housing: There is an African proverb, “home is not where you live,…

Netflix reviews for weekender weeks 5

“Smart Money Woman” Now trending as no 1 on Netflix, the amazing movie produced by “Arese Ugwu” is one that would…

Entrepreneur

Olufemi Oguntamu named Outstanding Young Media Brand Entrepreneur of the…

Olufemi Oguntamu, lead consultant and founder of Penzaarville Africa, has been has been honored with the…

Okowa launches NG-CARES in Delta for MSMEs

Ifeanyi Okowa, Delta State Governor on Wednesday lauded the Federal Government and the World Bank for partnering on…

Abia to provide cluster for shoemakers, tailors in Aba

The Abia State Government has signed a memorandum of understanding with Total Value Integrated Services Nigeria…

Ruth Damar’s unexpected journey to becoming businesswoman

24-year-old Ruth Damar started her spice making business about six years ago, while still an undergraduate at the…
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Sponsored

Eystone Development Launches Gemstone Estate

Eystone Development, a property investment company in Lagos, recently launched its new Estate -- Gemstone Estate.…

OctaFX presents its Show Your Mastery giveaway

Hundreds of prizes are up for grabs ––from brand new laptops to data vouchers. This September, OctaFX has…

Galaxy digital CEO, Mike Novogratz, others, partner with XEND finance to…

Xend Finance, a leading financial technology company in Nigeria, has set out a $100,000 fund exclusively for the…

What Makes the OneBank App All the Rave

Imagine you just arrived at the bank and you see a long queue spilling outside its doors. To make matters worse,…

Technology

LCCI, experts urge collaboration to tap $29bn opportunities in blockchain

Better collaboration between the private sector and regulators can help Nigeria tap a $29 billion opportunity in…

Entrepreneurship crucial to sustainable digital economy – NITDA boss

Digital entrepreneurship has been described as a crucial element necessary in ensuring sustainable digital economy…

How $90m funding raise by Zola Electric can light up millions of homes in…

Janet Martins resides in Ibafo community, a local government close to Nigeria’s commercial capital. Like many…

Why Evergrande bankruptcy is causing anxiety in crypto market

The past few days have seen the price of major cryptocurrencies suffer declines on the news of an impending…

Economy

Projects worth N12trn abandoned across Nigeria

Rising security challenges in Nigeria, which have impacted all businesses, are taking a deadlier toll on the…

Before 2020, Nigeria earned more from company income tax than VAT

Nigeria has earned cumulatively more from Company Income Tax (CIT) than Value Added Tax (VAT) since the past 10…

How Nigerian banks can achieve low default rate with MSME credit

Credit accessibility and affordability have remained a challenge for businesses particularly the Micro, Small, and…

No foreigners no problem, as Nigeria holds another successful local bond…

The Debt Management Office (DMO) held another successful auction of Federal government bonds on Wednesday, when it…

Energy

NLNG’s plan to sell liquefied gas locally opens opportunity for investors

The first molecule of domestic liquefied natural gas from Nigeria LNG Limited is billed to come into the Nigerian…

Oil’s price surge goes on as Goldman forecasts $90 a barrel on cold winter

Oil is poised for a fifth weekly gain in a market tightened by a global energy crunch that’s set to increase demand…

Why benefits of rising oil prices keep eluding Nigeria

Nigeria is struggling to swing the current rally in oil prices in its favour due to the inability to attract…

Nigeria fails to meet OPEC quota as oil price soars near $76 a barrel

Oil prices rose further Thursday, but cash strapped Nigeria is again facing the curious dilemma arising from its…

Markets

Nigeria’s stocks market closes week in green

Nigeria’s stock market closed the week ended Friday September 24 in green (+0.05percent) as investors routed for…

Stock market halts bearish run with N11bn gain

Nigeria's stock market on Thursday failed to sustain previous days bearish pattern as investors moved to buy up…

GTCO: BUY rating maintained as H1 shows earning capacity remains strong

Guaranty Trust HoldCo (GTCO) recently released its audited financial results for the half-year (H1) period ended…

Naira strengthens after Nigeria issues Eurobond

Naira, Nigeria's legally approved means of exchange on Wednesday recorded marginal appreciation at the official…

Interview

Digital literacy unlocks new economic opportunities – Amao

Ibilola Amao is the principal consultant of Lonadek Global Services, a multi-award-winning company. In this…

Celebrating Ibukun Awosika for her outstanding feats

On the 19th of September, female leaders honoured Founder/CEO, The Chair Centre Group, IBUKUN AWOSIKA, with a…

Strong will, not money, matters more in building infrastructure – COREN…

A BusinessDay and NSE team comprising ADEMOLA OLORUNFEMI (NSE), UKEME PETERS (NSE-Alpahmead) and TELIAT SULE…

Young people must be intentional about personal development – Niyi Yusuf

Niyi Yusuf is the Board Chairman, Junior Achievement Nigeria, and Managing Partner at Verraki, a business and…

Compaines

Fidelity Bank to develop SMEs capacity in non-oil exports sector

In furtherance of its resolve to help Nigerian businesses build sustainable export capabilities, leading Nigerian…

Juli Plc’s half-year profit slows to N15.65m in 2021

Juli Plc, marketers of a range of pharmaceutical products to wholesale and retail sectors in Nigeria, reported a…

LAPO Microfinance signs agreement with SAKL for tricycles financing

LAPO Microfinance Bank Limited and Stallion Auto Keke Limited (SAKL) have signed a Memorandum of Understanding…

BluDive targets increased productivity in IT ecosystem

BluDive Technologies Limited (BluDive), an Enterprise IT solutions company, has commenced its paid Graduate…

Politics

Anambra guber: The battle of moneybags and intellectuals

Anambra elections have always been for moneybags. Big boys showcase their war chest. It is about, if you do not…

Hope dims on Obaseki’s promises 365 days after re-election

It is already a year since Governor Godwin Obaseki, his deputy, Philip Shaibu, as well as their campaign train…

Sigh of relief in Edo, but pessimism lingers over Obaseki’s slow pace after…

There was sigh of relief in all corners of Edo State Friday evening as Governor Godwin Obaseki eventually released…

Those opposed to restructuring Nigeria do not mean well for the country…

Ebenezer Babatope is a former minister of Transport and chieftain of the main opposition People’s Democratic Party…

Women in Business

Amaka Nsofor, Executive Director, Debt Capital Markets at Standard…

Amaka is one of the leading debt capital markets professionals in Africa with global experience spanning Africa,…

Angela Kyerematen-Jimoh, Regional Head, IBM North, East and West Africa

Angela is the Executive Director/Regional Head for IBM North, East and West Africa. She is the first woman and the…

Barbara Salami, Vice President, Digital for commercial at Moderna

Barbara Salami is a customer experience leader and advocate with proven record of success shaping and shaping…

Ada Osademey-Udechukwu, Gender & Economic Inclusion Specialist at IIFC

Ada Osademey-Udechukwu is a gender specialist and finance professional with a demonstrated history of working in…

Toon of the Day

Podcast

Life + Art

Entertainment industry has rebounded from 2020 Covid-19 crisis –…

Nigerian comedian LinoMrLion who is effortlessly making a huge success from his base in Turkey said the…

‘Confident’ by Savage hits 14m streams across musical digital platforms…

Warri born Nigerian Afro-beat singer, Godson Ogaga Essi better known by the stage name 'Savage' has hit a befitting…

Edo-born British-trained surgeon, Aisien, dies at 91

Ekhaguosa Aisien, a retired British-trained surgeon who hailed from Oben community in Orhionmwon Local Government…

BellaNaija leads talks on industrialisation of Africa’s fashion…

Nigeria's leading fashion and lifestyle destination, BellaNaija Style hosted experts and global thought leaders in…

Africa

After fall of Bashir, Sudan closes door on support for Hamas

Sudanese authorities have taken control of lucrative assets that for years provided backing for Hamas, shedding…

Isono, BET Africa’s first original drama series, celebrates 200th episode

Isono, BET Africa’s first original daily drama, marked its 200th episode milestone since its launch last year…

Multiplicity of banking systems, policies limit innovation in African…

OMONIYI KOLADE is founder and CEO of SeerBit, a payment solutions provider with tailored solutions for…

54gene raises $25m Series B to push drug discovery research in Africa

Africa lags behind the rest of the world in drug discovery research despite being the region that is most affected…

World

The U.S. authorises third Pfizer dose, Thailand reduces quarantine

The United States of America (USA) regulators have authorised a booster dose of Pfizer Inc.’s Covid-19 vaccine for…

German election race tightens three days before vote

The German election race heated up on Thursday as the lead of the centre-left Social Democrats (SPD) over…

Biden signs executive order authorizing Ethiopia sanctions

Joe Biden, President of the United States has signed an executive order authorizing sanctions against those…

Anne Hidalgo runs for France presidency

Anne Hidalgo, Europe’s most famous mayor is set to run for the French presidency. The Spanish-French politician…

Top Stories

Projects worth N12trn abandoned across Nigeria

Rising security challenges in Nigeria, which have impacted all businesses, are taking a deadlier toll on the…

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COLUMNISTS

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Today's E-paper

Coronavirus

WHO allays fears of global recognition of COVID-19 vaccine cardholders

The World Health Organization has assured that discussions are ongoing to ensure that measures reportedly…

Coronavirus: WHO recommends 1st preventive therapy

The World Health Organisation (WHO) has for the first time recommended a combination of drugs to prevent severe…

The U.S. authorises third Pfizer dose, Thailand reduces quarantine

The United States of America (USA) regulators have authorised a booster dose of Pfizer Inc.’s Covid-19 vaccine for…

With time passing, Covid-19 will end up causing mere cold, says Oxford…

The new coronavirus bringing misery and death is unlikely to mutate into a variant that can evade vaccines because…

COVID-19 VACCINE TRACKER

BD Weekender

Parenting in Nigeria

As Nigerians, our parents and grandparents told us tales of the good old days, when the dollar and naira were at…

Premium

Businessday Investigates

Poor hearts in barrels of harmful oils

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

Podcast

Magazines

More Stories

Palton Morgan kick-starts development of Claren Villas, signs contract with BCL

Palton Morgan, a parent brand of Grenadines Homes and Oceanna, has recently signed a contract with Business…

Global Citizen concert: Finance minister, Sanwo-Olu, Wigwe move against climate change, poverty

The Minister of Finance, Budget and National Planning, Zainab Ahmed; Governor Babajide Sanwo-Olu of Lagos State and…

The Week Ahead

e-naira set for release in the week ahead Nigerians should be set for an exciting week as the Central Bank of…

Entertainment industry has rebounded from 2020 Covid-19 crisis – LinoMrLion

Nigerian comedian LinoMrLion who is effortlessly making a huge success from his base in Turkey said the…

Coca-Cola, RecyclePoints clean-up community markets across Nigeria, recovers 557kg of plastic waste

In commemoration of the 2021 World Cleanup Day, The Coca-Cola System, comprising Coca-Cola Nigeria Limited and…

Presbyterian Church celebrates achievements, 175th anniversary in Nigeria

The Presbyterian Church of Nigeria (PCN) has celebrated the 175th anniversary of Church’s witness in Nigeria. In…