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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

Here’re 5 implications on Nigeria’s economy as MPC trims MPR by 100bp

In a bid to salvage Nigeria’s economy from the negative impact of COVID-19, the…

In six charts, how prices of staple food items in Nigeria have fared in four years

A hike or fall in food prices directly affects Nigerians as a whole but…

Nigeria’s biggest beer makers record first loss in 7 years

Nigeria’s biggest beer makers posted their first combined loss in seven years in…

COVID-19 vaccine: Johnson & Johnson begins huge trial testing one-dose…

A huge international study of a COVID-19 vaccine that aims to work with just one dose is underway as Johnson &…

WHO seeks collaboration with FCTA to mitigate effects of COVID-19

The World Health Organization (WHO) has called for collaboration between the organisation and the Federal Capital…

PTF gives N1bn each to states to support Covid-19 fight

The Presidential Task Force (PTF) on Covid-19 Monday said 34 states across the country had received N1billion each…

COVID-19: Why we cannot celebrate drop in rates now- FG

Federal government on Monday said current drop in the cases of those who test positive for the Coronavirus is not a…

REST OF AFRICA

Nigeria, Congo are among worst hotspots for hunger – Bloomberg

The Democratic Republic of Congo and the continent’s giant, Nigeria are emerging as countries with the world’s…

Exporters explore sea option to reach West, Central African market

Nigerian non-oil exporters are tapping sea transport to reach the neighbouring west and central African markets as…

How have major African currencies performed this year?

Africa’s top currencies have been hit greatly this year as a result of the coronavirus pandemic, but the Egyptian…

Ghana’s treatment of Nigerian traders raises red flag ahead AfCFTA

The recent closure of shops belonging to Nigerian traders in Ghana highlights major hurdles to cross ahead of the…

COLUMNISTS

PREMIUM

Start-Up Journal

Ogun trains SMEs to boost chances of winning govt contracts

The Ogun state government has released guidelines it hopes will increase the participation of Small and Medium…

UNITeS Cisco launches virtual graduate internship program

Against the background of high unemployment rate in the country, UNITeS Cisco Networking Academy has launched the…

Ibe: Mobilising African entrepreneurs to tap $12bn digital opportunity

Like Tony Elumelu, young Just Omomo Ibe is mobilising African youths to re-think, re-focus and re-strategise while…

SunTrust walks lending talk as 6 SMEs get 46m each

SunTrust Bank is walking its talk of increasing lending towards Nigeria’s budding entrepreneurship projects with…

Sponsored

Remitano Launches Mission, a New Online Job Market for Crypto Lovers

Remitano, global P2P crypto exchange, has just launched a new online job market - MIssion, the platform's latest…

How do you get 10k followers on Instagram?

According to Stormlikes Review, you can get a lot of Instagram followers if you buy Instagram likes or buy…

Best Free Bitcoin Wallet Address In Nigeria – Cardtonic

Everyone knows trading bitcoin can not be separated from a bitcoin wallet address. Peradventure you do not know…

Huawei Connect 2020

Technologies like cloud, AI, and 5G are giving new momentum to digital and intelligent transformation, triggering…

Top Videos

Nigeria’s food reserves are almost empty

AT the beginning of 2020, Nigeria had about 100,000 metric tonnes (MT) of different grains in the strategic food…

Become a Millionaire with Gold ETF in Nigeria

In the first episode of the Ultimate Money Show, Business Day’s Lolade Akinmurele talks about the investment…

Women’s Hub celebrates role in Nigeria’s Development

NOMINATE YOUR WOMEN CHAMPIONS In celebration of Nigeria’s 60th independence, BusinessDay’s WOMEN’S HUB presents…

CBN gives official nod to telecom operators to offer mobile money service

West Africa's most authoritative business daily, a diversified provider of superior business, financial and…

Wealth And Investing

Government commends X3M Ideas on community engagements, urges organisations to emulate…

As it has become an annual ritual for the echelon of the Lagos State government, especially the ministry of education to converge every August at the behest of Lagos agency, X3M Ideas to commission…

Cartoon and Graphics

Women in Business

Women In Business: Pearlena Igbokwe

Pearlena Igbokwe is the Chairman of Universal Studio Group, a division of NBC Universal. She is responsible for all…

Women In Business: Simi Fajemirokun

Simi Fajemirokun is a distinguished visionary offering a diverse career in driving significant and profitable…

TIMIPRE WOLO, leading honourable initiatives in the Niger-delta, tackling…

Timipre Wolo is the visionary and CEO of TFN Energy Limited, an indigenous new entrant into the Nigerian energy…

First Lady Of Niger State, AMINA ABUBAKAR BELLO, empowering women, solving…

Childhood Memories I had an average childhood. I have a very large extended family and growing up, we had a lot…

Interview

Delivering affordable housing as a national priority – FMBN MD/CEO

In this exclusive interview with BusinessDay’s GM, Northern Operations, Bashir Ibrahim Hassan, the Managing…

PFAs face ‘reinvestment risk’ due to the negative real interest rate

Real return on assets has remained largely below inflation after a policy by the Central Bank restricted non-bank…

Despite opposition, Peace Corps Bill will be passed, assented to by Buhari’

The National Commandant of the Peace Corps of Nigeria, Dickson Akor, has expressed confidence that despite the…

Companies

Fitch affirms Afreximbank’s BBB- credit rating with stable outlook

Fitch Ratings, an American credit rating agency, has affirmed African Export-Import Bank (Afreximbank)’s long-term…

Julius Berger says diversifying into Agro-processing

Julius Berger Nigeria Plc has notified the Nigerian Stock Exchange (NSE) and the capital market community that the…

Access Bank emphasises need for private-public sector collaboration on SDGS

In a recent interview on CNBC Africa’s ‘Closing Bell’, Access Bank’s head, Sustainability, Omobolanle Victor-…

Financial Times

Thailand: youthful protesters break the kingdom’s biggest political taboo

As darkness fell on August 10, a 21-yearold student stood in front of a crowd of up to 10,000 pro-democracy…

Trump says Biden would bring chaos and socialism to America

Donald Trump said Joe Biden would bring chaos to US cities and spread socialism across the nation, as he used his…

Shinzo Abe to step down as Japanese prime minister

Shinzo Abe will stand down as prime minister of Japan on Friday evening because of a worsening medical condition,…

Economy

333,000 artisans, transporters to benefit from Nigeria’s MSME…

To commemorate Nigeria's 60th Independence Anniversary, the Federal Government is ready to disburse about N300…

In four charts, why Nigeria’s revenues need quick turnaround

Between January and May 2020, total government revenue generated was below total government expenditure by 59.1…

New wave of planned economic development in Onitsha rides on social…

From a spontaneous fight against coronavirus, the Onitsha community, on the east bank of river Niger in eastern…

Energy

Siemens reaffirms support for Nigeria industrialisation as it clocks 50…

Siemens Energy has reaffirmed its support for Nigeria in achieving its potential in the energy space that would…

Five start-up companies get NCDMB’S US$50,000, for Product Devt

Five innovative teams have been selected as the winners of the Nigerian Oil and Gas Technology ( NOGTECH) Hackathon…

Shell reiterates commitment to Nigeria’s quest for energy sufficiency,…

Shell Petroleum Development Company (SPDC) has reiterates its commitment to the Assa North Gas Project and to…

Politics

N4.3bn Scam: You can drag me to court, Ondo deputy gov, Ajayi, dares…

Ondo state deputy governor, Agboola Ajayi and candidate of Zenith Labour Party in the coming governorship election,…

We will work on lapses observed in Edo election in Ondo governorship poll…

The Independent National Electoral Commission (INEC), on Thursday promised that it would work on the lapses…

Obaseki not behind alleged arrest of APC members – Osagie

Special Adviser to the Edo State Governor on Media and Communication Strategy, Crusoe Osagie, has said that the…

Lokoja tanker explosion: PDP blames FG, Kogi for poor response

The Senate President, Ahmed Lawan, and the Peoples Democratic Party (PDP) have expressed sadness over the Wednesday…

Markets

FX turnover decrease to $9.76bn in August as liquidity challenges persist

Nigeria’s total foreign exchange (FX) market turnover in August 2020 decreased by 9.80 percent to $9.76 billion…

Nigeria stock investors gain N107bn following increased bargains

Nigeria's stock market continued its upward movement on Thursday September 24, gaining about N107billion as…

Nigeria’s Fixed Income, Currency markets turnover drops by N8.95trn…

The turnover in Nigeria’s Fixed Income and Currency (FIC) markets for the month ended August 31, 2020 was…

Large cap stocks lift Nigeria’s market further high

Nigeria’s stock market moved further into the positive territory at the close of the trading session on Wednesday,…

Technology

Is it time to leverage blockchain technology for your business?

Doing business has been quite hard over the past few months. Many firms have lost their competitive edge they might…

ICT industry experts identify untapped opportunities in sector

Information and Communications Technology (ICT) stakeholders and players in both public and private sectors have…

MTN, 9Mobile are building chatbots: Why it matters

The chatbot market in Nigeria will soon get two new entrants, according to an industry source familiar with the…

How Nigeria’s slow internet speed undermines push for online learning…

In the first week of June 2020, Andrew Oginyi, a 46-year-old hotel manager received a mail from his daughter’s…

Life and Culture

Fashion enthusiast, Noble Igwe, seals ambassadorial deal with ‘Wear It All…

Popular fashion enthusiast, Noble Igwe, has clinched yet another ambassadorial deal with a leading fashion brand in…

Nollywood remake of Tunde Leye’s ‘Finding Hubby’ hits cinemas soon

The Nollywood remake of Tunde Leye’s viral story ‘Finding Hubby’ is set to hit the cinemas in November, the movie…

AAToy unveils online store in move to enhance consumers’ experience

AAToy Shop, a Nigerian-based retail shop for toys has opened an online store designed to boost its business in…

Irefin Palace in Ibadan to rival Buckingham Palace says Oyo Govt

Oyo State government says the historical Irefin Palace in Ibadan has been positioned to rival the Buckingham Palace…

Market Intelligence

Naira weakens marginally against dollar despite strong oil price rally

The Nigerian market has been filled with a lot of ups and downs in the past week but none of the news have been…

How IDSL is spearheading NNPC’S moves for $10 oil production cost

For Integrated Data Services Limited (IDSL), a subsidiary of the Nigerian National Petroleum Corporation (NNPC),…

Zenith Bank consolidates earnings and profitability amid Covid-19 shock

Zenith Bank Nigeria Plc gives more money to investors in form of dividend than its peers in Emerging and Frontier…

The Sanusis and Soludo were superior managers of Nigeria’s exchange rate

If you were to guess the one economic problem that every Nigerian and business has struggled with regardless of…

Backpage

How policy inconsistencies hamper Nigeria’s industrial targets

For more than four decades, Nigeria’s industrial policies have been dangerously inconsistent. And investors,…

When will Nigeria fix age-old problems hurting industrial prosperity?

It is a crying shame that some of the issues hurting Nigeria’s industrial prosperity in 1980s and 1990s are still…

FX scarcity: Time to promote non-oil exports 

The Central Bank of Nigeria (CBN) is investing efforts in managing Nigeria’s foreign exchange (FX) crisis to…

Industrialisation: Lessons from India’s model

Nigeria must begin to mimic worthy examples to exit high poverty rate and become an industrialised nation. One of…

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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

Remitano Launches Mission, a New Online Job Market for Crypto Lovers

Remitano, global P2P crypto exchange, has just launched a new online job market - MIssion, the platform's latest…

Podcast

Women In Business

Women In Business: Pearlena Igbokwe

Pearlena Igbokwe is the Chairman of Universal Studio Group, a division of NBC Universal. She is responsible for all…

Magazines

More Stories

N4.3bn Scam: You can drag me to court, Ondo deputy gov, Ajayi, dares Akeredolu’s son

Ondo state deputy governor, Agboola Ajayi and candidate of Zenith Labour Party in the coming governorship election,…

We will work on lapses observed in Edo election in Ondo governorship poll – INEC

The Independent National Electoral Commission (INEC), on Thursday promised that it would work on the lapses…

FG unveils national policy to reposition science, technology education

The federal government on Thursday unveiled a national policy to reposition science and Technology Education, drive…

Okowa bemoans Nigeria’s status as lowest country in public health financing

Governor ifeanyi Okowa of Delta State, Thursday, bemoaned the abysmal 0.5 percent of Nigeria's Gross Domestic…

Samsung deepens next-generation customers viewing experiences with new product offering

South Korean leading producers of electronic devices, Samsung Electronics Company determined to deepen the…

Nigeria to celebrate 60th independence anniversary low-key

Nigeria will keep its 60th independence anniversary celebration low-key on account of the Covid-19 global pandemic,…