BusinessDay

Nigeria Equities Market:   Top gainers: UNITYBNK (+9.1%) , LINKASSURE (+7.7%) and ROYALEX (+7.3%) ,   Top losers: HONYFLOUR (-9.1%), PRESTIGE (-8.7%) and PRESCO (-6.2%).

Nigeria’s oil bid process leaves investors in doubt

Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to investors but old problems involving regulatory concerns have investors worried. It is the first bid round since the passage of the Petroleum Industry Act (PIA) - a law that Nigeria is yet to fully implement its provisions or develop enough…

Big Story

Nigeria’s oil bid process leaves investors in doubt

Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to investors but old problems involving regulatory concerns have investors worried. It is the first bid round since the passage of the Petroleum Industry Act (PIA) - a law that Nigeria is yet to fully implement its provisions or develop enough…
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TOP STORIES

Chaos looms as old naira notes phase out nears

The scarcity of the redesigned naira notes intensified over the weekend, frustrating many Nigerians and businesses as they scrambled to replace their old naira notes with the new ones. Small business operators and malls were rejecting old naira notes from customers as the deadline for their expiration drew nearer, while many Automated Teller…
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Report on voting pattern

NigeriaDecides2023

Between 2019 and 2023: Reflections on APC’s Abeokuta rallies

On Wednesday, January 25, the All Progressives Congress (APC) presidential campaign train stopped at Abeokuta, the…

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2023: Igbo group endorses Abe for governor Rivers State

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Cost of Living Crisis

Remote work request surges over rising cost of living

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Businesses adapt to survive as cost surges

More businesses in Nigeria, especially in the fast-moving consumer goods (FMCG) industry, are embracing…

RUSSIA - UKRAINE CONFLICT

Zelensky insists talk with Putin possible only after Russian troops…

Ukrainian President Volodymyr Zelensky has reiterated his rejection of negotiations with Russia before a withdrawal…

Russian warship with hypersonic missiles to join drills with China, South…

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VOTER CARDS REGISTRATION TRACKER

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Economy

Worst-ever Moody’s rating sends Nigerian bonds tumbling

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Chaos looms as old naira notes phase out nears

The scarcity of the redesigned naira notes intensified over the weekend, frustrating many Nigerians and businesses…

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Energy

Nigeria’s oil bid process leaves investors in doubt

Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to…

EXPLAINER: How deep offshore licencing bid round will unfold

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Companies

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CLIMATE/ ENVIRONMENT

LBS executive programme members turn thrashed tyres to income source

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Africa

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Big Story

Nigeria’s oil bid process leaves investors in doubt

Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to…

Top Stories

Worst-ever Moody’s rating sends Nigerian bonds tumbling

Nigeria’s government bonds fell sharply on Monday after ratings agency Moody's slashed the country’s credit rating…

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COLUMNISTS

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OPINION

News

Phobia for old naira notes cripple businesses in Tafawa-Balewa market

Traders in the Tafawa-Balewa market, like other markets in Nigeria, have refused to accept old naira notes from…

Big Story

Nigeria’s oil bid process leaves investors in doubt

Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to…

NigeriaDecides2023

Between 2019 and 2023: Reflections on APC’s Abeokuta rallies

On Wednesday, January 25, the All Progressives Congress (APC) presidential campaign train stopped at Abeokuta, the…

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The expulsion of Ita Enang, a chieftain of the All Progressives Congress (APC), former member of the National…

2023: Igbo group endorses Abe for governor Rivers State

Governorship candidate of the Social Democratic Party (SDP) in Rivers State, Senator Magnus Ngei Abe, has said that…

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Cost of Living crisis

Remote work request surges over rising cost of living

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VOTER CARDS REGISTRATION TRACKER

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Phobia for old naira notes cripple businesses in Tafawa-Balewa market

Traders in the Tafawa-Balewa market, like other markets in Nigeria, have refused to accept old naira notes from…

AUN matriculates new students for Spring 2023 Semester

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Geregu, Nahco, May & Baker top advancers as market opens week in green

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