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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 are 4 major takeaways from Lagos’ reformed Land Use Charge 2020

Following the agitation and public outcry that trailed the new Lagos Land Use…

Here’s why NNPC intervened in disputes over Oil Mining Lease 130

Last Thursday Nigeria’s national oil company, the Nigerian National…

15 key reforms from Nigeria’s first revision of corporate law in 30yrs

Nigerian President Muhammadu Buhari on Friday assented to the Companies and…

COVID-19: US donates 200 ventilators to Nigeria

The United States (US) government on Tuesday donated 200 ventilators to support Nigeria's fight against COVID-19.…

COVID-19: FG yet to carry out tests in 85 LGAs in 20 states- Mustapha

Federal government on Monday revealed that it is yet to commence the Coronavirus tests in 85 local government Areas…

Edo govt urges strict adherence to COVID-19 protocols as schools resume…

As secondary schools in Edo State open for exit examination classes Monday, August 10, 2020, the government has…

COLUMNISTS

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Start-Up Journal

Osoniyi, still thriving after 4yrs, amidst business challenges

Olujide Osoniyi is the creative director of Jidehaute, a Lagos-based fashion line outfit that produces unisex…

Amid economic downturn, Idowu Kikelomo finds gold in event industry

Kikelomo Olayeni Idowu has found a multi-million naira opportunity in the event industry.  Her journey of success…

Phillips Consulting to empower entrepreneurs, startups with new micro…

Rob Taiwo, managing director of Philips Consulting, is planning to empower entrepreneurs with new micro courses.…

GEEP provides COVID-19 relief to 87,614 petty traders

The Government Enterprise and Empowerment Program (GEEP) has provided palliative microloans for 87,614 petty…

Sponsored

Opera launches Opera For Business and announce new partnership with Google…

New offering will help 40 million small and medium sized businesses in Nigeria improve their online presence.…

FCMB sustains new strengths in Q2

First City Monument Bank sustained new strengths in operations in the second quarter despite the challenges of the…

Tech and the Cloud will drive the post-pandemic revival

The COVID-19 pandemic has had such a fundamentally destabilising impact on the planet that it transcends public…

FCMB Group Records Impressive Half Year Results as Profit Before Tax Rose…

FCMB Group Plc has again proved its resilience and capability to deliver outstanding performance and returns to…

Third Mainland Bridge Closure

Only 25% of vehicles on 3rd Mainland Bridge being diverted – FRSC

Only 25 percent of total daily vehicular traffic on the partially closed Third Mainland Bridge are being diverted.…

Why motorists spend longer hours on Eko Bridge

The Federal Government has explained why motorists on Eko Bridge in Lagos have had to endure pains and stress of…

Third Mainland Bridge closure: Here are alternative routes for you

Don't get trapped in the heavy traffic build-ups that have become the order of the day on Third Mainland Bridge…

Fashola assures motorists of improved traffic situation on Third Mainland…

Minister of Works and Housing, Babatunde Fashola, has assured the motoring public that the traffic…

Women in Business

‘We aim to enhance knowledge on child labour and transform social attitudes…

Elizabeth Ajetunmobi is the chief executive officer of Aymie Staffing Solutions and the president of the…

Women in Business: Constance Iloh

Described as a “higher education powerhouse” by Diverse: Issues in Higher Education, Professor Iloh is an…

Women in Business: Affiong Williams

Affiong Williams is the CEO/ Founder of Reelfruit, a topmost fruit processing, packaging and marketing company in…

H.E Bisi Adeleye-Fayemi, the social entrepreneur and gender development…

Her Excellency, Erelu Bisi Adeleye-Fayemi is the First Lady of Ekiti state. She is a feminist activist,…

Interview

‘Nigeria needs evolved regulation, governance to protect our national…

Esigie Aguele is the CEO and co-founder of VerifyMe Nigeria, a verification platform that enables seamless,…

‘Businesses need to develop risk strategies that promote payment security’

Online transactions have increased in recent months as both consumers and businesses shift online in conforming to…

Persistent flood may trigger severe food crisis across Nigeria –…

Most parts of the country are currently being ravaged by flood due to heavy rainfalls. In this interview with JOHN…

Companies

ICMS makes new appointments 

Integrated Cash Management Services Limited (ICMS), one of the licenced cash processing companies operating in…

Kian Smith set to enhance gold value-chain with launch of ‘Kano Gold…

Kian Smith Trade & Co. Limited, a gold exploration, mining and processing company has pledged to enhance gold…

Flour Mills of Nigeria: Reaping investment benefits as Agro-allied business…

Despite prevailing economic headwinds and the difficult operating terrain of Apapa, Flour Mills of Nigeria (FMN)…

Financial Times

Spies, lies and dormant ties: how to use and abuse LinkedIn

Dickson loved LinkedIn. He checked the professional social network almost every day for new contacts. It was…

Uber and Lyft told to treat drivers as employees in California

A judge in California has ordered Uber and Lyft to reclassify their drivers as employees, in what would be the most…

Global shares rally as investors bet on new stimulus

Shares across Europe and the Asia-Pacific region rallied as investors pinned their hopes on Washington pushing…

Economy

Nigeria’s states are sinking in a sea of N4trn domestic debt

The economies of Nigeria’s states are sinking under the suffocating weight of domestic debt owed by the states and…

FG releases details on MSMEs support scheme,with N200bn loan support

The Federal Government has released new details on the Micro Small and Medium Enterprises (MSMEs) support scheme…

Osun flirts with insolvency, spends 91% of FAAC servicing debt in Q1

For every N100 shared to the Osun State government as revenue allocation from the federation account (FAAC), N91…

Energy

Stakeholders demand early delivery of AKK gas pipeline project

Key stakeholders in the Nigerian economy have demanded urgent realisation of the Ajaokuta-Kaduna-Kano (AKK)…

NNPC pledges to boost gas delivery to domestic market

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners…

National Gas Transportation Network Code will spur investments in gas…

The National Gas Transportation Network Code launched in February, by Timipre Sylva, minister of state for…

Politics

Makinde presents cash donation to late politician’s widow

Governor Seyi Makinde, on Tuesday, presented a cash donation to the family of the late Peoples Democratic Party…

Oyo Assembly confirms Oyeleke as commissioner designate

The Oyo State House of Assembly on Tuesday confirmed Lateef Idowu Oyeleke as commissioner designate. Governor Seyi…

Edo poll: Oshiomhole’s former aide supports Obaseki’s re-election with N5m

A former aide to Adams Oshiomhole, former national chairman of the All Progressives Congress, Andrew Momodu, on…

Markets

CBN to rollover N144.8bn maturing Government instruments Wednesday

The financial market liquidity will improve as the Central Bank of Nigeria (CBN) is expected to rollover maturing…

Dangote Cement leads laggards as stock market falls further

Nigeria’s stock market recorded another session of negative close on Tuesday August 11, driven by decline in prices…

Local capital markets provide succour to Nigerian corporates amidst…

The Nigerian debt capital market (DCM) has continued to demonstrate buoyancy and resilience in the face of the…

Technology

FG Commissions eleven projects to aid digital Economy

The Federal government has commissioned eleven projects to aid implementation of digital Economy in the country.…

‘Nigeria needs evolved regulation, governance to protect our national…

Esigie Aguele is the CEO and co-founder of VerifyMe Nigeria, a verification platform that enables seamless,…

Bitcoin shrugs off dump fears as price soar above $12,000

The price of bitcoin jumped above $12,000 on Monday morning for the second time in recent weeks rising from $11,750…

Bitcoin offers Nigerian diaspora new ways of remitting money home

Bitcoin is offering Nigerians in diaspora new ways sidestepping multiple exchange rates, high and sometimes hidden…

Life and Culture

Envoy Hotel still offers premium services

In March 2018, a new entrant debuted in the Nigerian hospitality market with a promise to make a difference,…

Lilo, Ka3na speak on relationship with housemates 

Big Brother Naija Lockdown housemates witnessed their very first Eviction Night show on Sunday, August 2, 2020.…

Bayegun (Woli Arole) changing his narrative with film production

Oluwatoyin Bayegun, Known as Woli Arole, is a Nigerian comedian, actor and on-air personality. He was born on…

Online social platform ‘mentoring her’ set to empower women

‘Mentoring Her’, an online social platform that virtually connects female mentors and mentees where they can…

Top Videos

Podcast

Market Intelligence

Cement makers’ costs balloon on currency devaluation

The devaluation of the currency by the central bank to protect the external reserves led to spiralling cost of …

The paradox of lower yield but higher risk

It is amazing how everyone looked forward to 2020 as the “magic year” only for the yearning aspirations to be…

Unilever see share price and gross profit drop by 60 percent in 3 years

Unilever Nigeria has seen their share price decline by around 63 percent as investors repriced the company…

Nigeria’s Stock Market adds 4,000 points since hitting multiyear lows in…

Since falling to multi-year lows in April, the Nigerian Stock Market All Share Index has now jumped around 4,000…

Backpage

Nigeria’s free fall into China’s debt trap!

Quote: “A dog that refuses to heed the warning call from the hunter’s whistle will end up missing.”…

Assessing performance of Nigeria’s industrial plan

In early 2014, economic and development experts gathered in Abuja to launch the National Industrial Revolution Plan…

Adewunmi Ogunsanya – Visionary behind MultiChoice success story in…

MultiChoice Nigeria Limited, a leading entertainment company and operator of DStv and Gotv is a success story that…

Climate change: asset managers join forces with the eco-warriors

As 2020 kicked off, Dan Gocher at the Australasian Centre for Corporate Responsibility, a shareholder advocacy…

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In Other News

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

Opinion

How COVID-19 has changed economic thinking

COVID-19 isn’t merely hurting lives and livelihood, it is weakening economic ideologies too. The current…

Podcast

Magazines

More Stories

UNICEF seeks end to harmful cultural practices in Ebonyi communities

The United Nations Children's Fund (UNICEF), has called on traditional rulers in Ebonyi communities to end all the…

FG Commissions eleven projects to aid digital Economy

The Federal government has commissioned eleven projects to aid implementation of digital Economy in the country.…

Champions League: Battle of the titans as 8 teams fight for spots in the semis

The UEFA Champions League quarter-finals get underway in Lisbon on Wednesday, four months later than scheduled…

Akeredolu inaugurates Amotekun Corps

Ondo State Governor, Oluwarotimi Akeredolu, on Tuesday said his administration would not tolerate any form of…

COVID-19: US donates 200 ventilators to Nigeria

The United States (US) government on Tuesday donated 200 ventilators to support Nigeria's fight against COVID-19.…

Edo govt urges strict compliance to COVID-19 protocols amid electioneering campaign

The Edo State government has urged residents to ensure strict compliance to set guidelines to prevent the spread of…