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Businessday Investigates

‘Ignoring The Bigger Picture’… Why Buhari Cancelled The Metroline Project That Hurts Lagos Till Date

When peers around the continent are mulling an expansion of the metro systems designed in the early…

Short Takes

Explainer: Why printing more Naira won’t solve Nigeria’s problems

If you have been following the news closely, you should be aware that Nigeria…

Five interesting insights on Nigeria’s Covid-19 pandemic

From the strange decline in “Coronavirus” searches in Nigeria despite a surge in…

Lockdown continues: Five things to start your day

McKinsey projects 3.4% contraction for Nigeria economy in 2020 Even if…

Coronavirus Watch

Lagos state discharges four more Coronavirus patients 

Nigeria may well be on its way to overcoming the deadly Coronavirus pandemic, as additional four patients have been…

Ondo records first confirmed case of coronavirus 

The Ondo State government has recorded first confirmed positive case of coronavirus (COVID-19). The governor,…

Coronavirus case climbs to 210 as Nigeria records two more deaths

Nigeria reported 20 new Coronavirus cases late Friday, taking the total to 210. The new Coronavirus cases were…

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

EDITORIAL

Nigerian political elite and Dubai property market

The Nigerian political elite are a special breed who, after contesting and winning elections, become affluent,…

The arrogance and impunity of Nigerian political elite

When in 1998 Olusegun Obasanjo was asked why he was seeking political office as president after leaving office 20…

Nigeria equities in the time of coronavirus

If a devaluation of the naira was the sole factor that decided the price of stocks on the exchange, foreign and…

Making the most of the lockdown for citizens

Nigerians enter this Monday the first week of the lockdown declared across the country. It commenced on Thursday 26…

Wealth And Investing

3 survival tips for Nigerian businesses in a corona economy

As the coronavirus outbreak is gradually bringing economic activities in Nigeria to a standstill, the possibility of companies recording poor revenue is becoming a closer reality. With the…

In Focus

Insight

Infograph of the week

Highlights

Women in Business

Women in Business: Natasha Akpoti

Natasha Hadiza Akpoti (born in 1979) is a Nigerian barrister, social entrepreneur and politician. She ran for the…

Women in Business: Irene Ochem

Irene Ochem is the founder and CEO of AWIEF, a premier Pan-African organisation bringing leading women…

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.…

Sponsored

Four Ways To Optimise Your Hiring Process as Your Organization Transitions…

Our world has suddenly been plunged into uncertainty by the COVID-19 crisis. And as markets and industries are…

FCMB Group Records N188bn Revenue, Grows Profit to N20.1bn

FCMB Group Plc has announced its financial results for the year ended December 31, 2019. The audited results showed…

Tangerine Term Life insurance plan: Protecting your loved ones in uncertain…

In times of uncertainty, like the world is facing now, it is important to protect ourselves and the people we love.…

Companies

Coronavirus: Minister hands over 5 ambulances to PTF

Timipre Sylva, the Minister of State for Petroleum Resources, has handed over five ambulances to Secretary to…

Coronavirus: Two indigenous companies partner to boost local production of…

Two Nigerian companies, Xirea Apparel and Buphalo Active Gear, have announced their collaboration as part of…

Huawei posts 19% revenue growth in 2019

Huawei says it grew global sales revenue in 2019 to CNY858.8 billion ($122.97bn), up 19.1% year-on-year,  while its…

Economy

Coronavirus: Osinbajo inaugurates economic committee

Vice President Yemi Osinbajo has inaugurated the Federal government Economic Sustainability Committee focused on…

How coronavirus threatens 75% of Nigerian economy

Africa’s biggest economy, Nigeria, recorded its first case of the novel disease, coronavirus on the 27 th of…

Nigeria must prepare for a big hit in a prolonged recession, say UK experts

Members of a webinar panel of experts organised by the Financial Times yesterday said Nigeria would take a big hit…

Energy

Gencos express concern on gas supply as suppliers demand upfront payment

Power Generation Companies (Gencos) have expressed concern on the capacity to meet up with gas supply needed to…

Monday’s OPEC+ meeting delayed for three days following new Saudi, Russian…

OPEC+ delayed a meeting aimed at ending the oil price war, as Riyadh and Moscow trade barbs about who’s to blame…

Oil moves near $35 as expectation rises ahead of Monday’s OPEC meeting

Oil price rallied near $35 per barrel late on Friday, as prospects brightened for Monday meeting scheduled between…
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Magazines

Politics

Buhari felicitates with Oshiomhole at 68

President Muhammadu Buhari on Friday sent warm greetings to the National  Chairman of the All Progressives Congress…

PDP, BMO lock horns over ‘palliatives’ in Buhari’s broadcast  

The parable over the variegated definitions of an elephant as given by ten blind men appears to be repeating itself…

Coronavirus: Oyo state should be given same treatment as Lagos, Ogun…

President Muhammadu Buhari has been asked to include Oyo State and other states with confirmed cases of Covid-19 in…

Coronavirus: APC asks Makinde to lockdown Oyo, or resign

Oyo State chapter of All Progressives Congress (APC) has urged Governor Seyi Makinde to lock down the state due to…

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

 FG says No Licence has been Issued for 5G in Nigeria

The Federal government on Saturday said it had not issued a licence for the deployment of 5G technology to any…

We’ve not issued licence for 5G in Nigeria – Pantami

Ali Isa Pantami, the Minister of Communication and Digital Economy said the ministry has not issued licence for the…

How online lenders can ease pressure on borrowers amid coronavirus

These are not the best of times to be an online lender nor a borrower. With countries and economies around the…

Rocket Internet sells all shares in Jumia

Rocket Internet, the German investor behind ecommerce company, Jumia has sold its stake in the company according to…

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Market Intelligence

Why Nigerian banks might struggle to create risk assets in 2020

The Central Bank of Nigeria’s (CBN) reiteration of the 65 percent Loan-to Deposit ratio (LDR) means banks must…

Large caps maintain dominance as profits jump

Nigeria’s largest stocks are maintaining their dominance in the local bourse as they recorded improvement in profit…

Why revision 2.0 on national budget and crude oil price benchmark remains a…

Crude oil price decline can’t seem to find a bottom and Nigerian government revenue stream appears to be…

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,…

Financial Times

America shuts the barn door too late on the epidemic

Everyone knows the drill about the barn door closing after the horse has bolted. From Italy to Britain and the US,…

Banks stand to make billions from US small business rescue

Banks stand to collect billions of dollars in fees on the $350bn in loans that are being offered to US small…

Coronavirus sell-off leaves investors keeping their distance

A new quarter has brought a fresh jolt of volatility to global equity markets, with stocks in Europe and Asia…

Stocks retreat after worst quarter since 2008 financial crisis

A new quarter has brought a fresh jolt of volatility to global equity markets, with stocks in Europe and Asia…
Get The Latest Updates On The Coronavirus Pandemic And How It Affects You.

live updates  Newsletter

Coping with the lockdown

Lead Stories

Recent

Today's E-paper

Businessday Investigates

‘Ignoring The Bigger Picture’… Why Buhari Cancelled The Metroline Project That Hurts Lagos Till Date

When peers around the continent are mulling an expansion of the metro systems designed in the early 1980s — the…

Columnists

Coronavirus watch

Lagos state discharges four more Coronavirus patients 

Nigeria may well be on its way to overcoming the deadly Coronavirus pandemic, as additional four patients have been…

Short Takes

OIL PRICE CRASHES, ECONOMY IN TURMOIL

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Wealth And Investing

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Lagos, Abuja, Ogun get most of Jack Ma’s relief materials to fight coronavirus

Lagos, Abuja and Ogun State got the highest number of medical relief materials donated to Nigeria by Chinese…

These 3 real estate segments are most at risk of coronavirus impact

Like other real estate industries globally, Nigeria’s property market is not immune to the heat from the…

McKinsey expects 3.5% slump in Nigeria GDP for 2020

In a situation where Nigeria is able to contain the outbreak of coronavirus, the economy could still go on to…

Nigerian doctors battling Covid-19 urge full compliance with lockdown to avert health disaster  

The special centres springing up in Lagos to manage the deadly coronavirus might be empty today while the total…

Women In Business

Women in Business: Natasha Akpoti

Natasha Hadiza Akpoti (born in 1979) is a Nigerian barrister, social entrepreneur and politician. She ran for the…

Magazines

Companies & Market

Coronavirus: Minister hands over 5 ambulances to PTF

Timipre Sylva, the Minister of State for Petroleum Resources, has handed over five ambulances to Secretary to…

Economy & Politics

Buhari felicitates with Oshiomhole at 68

President Muhammadu Buhari on Friday sent warm greetings to the National  Chairman of the All Progressives Congress…

Energy & Technology

zenth bank

Financial Times

More Stories

Coronavirus: Minister hands over 5 ambulances to PTF

Timipre Sylva, the Minister of State for Petroleum Resources, has handed over five ambulances to Secretary to…

Coronavirus: Ondo confirmed case is military officer- Akeredolu

Governor Oluwarotimi Akeredolu of Ondo state on Saturday said the confirmed index case recorded in the state on…

Opinion: The pandemic is no time for fiscal distancing

These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic.…

Lagos discharges one more Coronavirus patient, rolls out healthcare palliatives

One more patient of Coronavirus has been discharged by the Lagos State government from the isolation centre of the…

COVID-19: Landmark Africa Group moves to support local communities 

Landmark Africa Group, developers of the ambitious mixed use Landmark Village in Lagos, Nigeria, has joined the…

Nigeria to set up $1.39bn health crisis intervention fund

Nigeria says is to create a 500 billion naira ($1.39 billion) coronavirus fund to strengthen its healthcare…