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How we survived the lockdown

Celina Agbor is a 45-year old woman that deals on clothing materials in a popular Iyana-Oba market located at the Ojo area of Lagos State. Agbor, who manages to fend for her family through the clothing business, nearly lost her children to hunger…

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Businessday Investigates

LEFT TO SUFFER (II): From Boko Haram’s Bedroom Plaything To IDP Camps’ Forgotten Citizens

In the second part of this series, IBRAHIM ADEYEMI tells the story of women who regained their…

Short Takes

Explainer: How Akinwumi Adesina’s probe at AfDB eats away independence

Three days ago, former President Olusegun Obasanjo wrote a letter to fourteen…

Explainer: Why Nigeria’s Voluntary Offshore Assets Regularisation Scheme matters

Last Friday, President Muhammadu Buhari signed an amendment to Executive Order…

Here are Nigeria’s four best-performing sectors in Q1’2020

In the first three months of 2020, the Nigerian economy reported its worst…

Gbajabiamila, Abayomi, others seek more synergy among states in tackling…

Femi Gbajabiamila, Speaker of the House of Representatives, has called for more synergy among states and agencies…

EU urges Trump to reconsider decision to end US relationship with WHO

The European Union (EU) has urged President Donald Trump to rethink his decision to terminate the US relationship…

As Nigeria’s covid-19 deaths mount, a north-south divide also shows

There is an emerging divergence in the number of coronavirus deaths recorded in the North and South of Nigeria…

Start-Up Journal

Doctoora: How a Nigerian start-up is re-defining healthcare service…

When Emeka visited Nigeria from Germany to spend the Christmas holiday with his family, he did not plan to come…

What start-ups need to attract investors

It is important as a start-up to ask yourself whose money you will use in the process of making your business idea…

Fostering Productive Entrepreneurship Communities

Entrepreneurs play a critical role in cities and nations as they create new jobs, generate economic growth, and…

DBN sets up credit guarantee company to boost lending to MSMEs

The Development Bank of Nigeria (DBN) has set up a Credit Guarantee Subsidiary in order to push more lending to the…

Sponsored

Aston University Offers Between £3000 – £8,000 Scholarship to…

Aston University, one of UK’s most prestigious University is still accepting applications for September 2020.…

Nile University Ensures Education Continuity Amid COVID-19 Pandemic

Following the arrival of the COVID-19 pandemic in Nigeria and the realization that the country would need to go on…

Axxela achieves landmark 5 million LTI-Free man-hours

May 4, 2020 (Lagos, Nigeria) — Axxela Limited (“Axxela”), sub-Saharan Africa’s preferred fast-growing gas &…

GroupFarma cultivates 2,500 hectares of premium rice

Groupfarma, a brand owned by Timesellers Limited, an Agritech Company, is cultivating a total of 2,500 hectares of…

OIL PRICE CRASHES, ECONOMY IN TURMOIL

Explainer: What wave of bankruptcies in US shale industry means for…

There is light at the end of the tunnel for Nigeria and OPEC+ countries as the biggest independent shale oil groups…

The many faces of dollar shortage in Nigeria

In Africa’s biggest economy, naira wealth doesn’t guarantee access to dollars. The Central Bank of Nigeria has…

Explainer: Why has the pump price of diesel remained same despite oil…

Within the past three months, the oil market has been hit by the twin combination of a price war among producers…

Oil faces stuttering, uneven return to normality

Just one month ago, US oil prices turned negative for the first time in history. Today, oil is back above $30 a…

PREMIUM

EDITORIAL

How COVID-19 is unraveling Nigeria’s deepest problems

Over the past few weeks, governors in some northern Nigerian states have been pawning destitute children across…

Nigeria’s lockdown easing must protect lives and livelihood

The persistent surge in the number of COVID-19 patients in Nigeria should prompt a proactive response to…

Nigerian scientists’ COVID-19 advances promising for Africa 

Nigeria, often derided as the big for nothing giant of Africa has made two major scientific breakthroughs since the…

A crisis not to be wasted

The confluence of COVID-19 and an oil market collapse means that our oil boom is well and truly over. We have no…

Insight

Infograph of the week

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Highlights

Women in Business

Bola Preye Ayo, the exceptional political lobbyist on top of her grind

Bola Preye Ayo is a Lawyer by profession with a specification in International Relations, International Business…

Women in Business: Jane Amuta

Jane quit banking six years ago and ventured into private business as a fitness, health and beauty entrepreneur,…

Women in Business: Mofolusade Sonaike

Mofolusade Sonaike is the MD/CEO of Mumpreneur.ng. and Trezorlandia Limited. She is popularly referred to as the…

Abimbola Banu-Ogundere, inspiring a generation of impactful education…

Abimbola Banu- Ogundere is an education advocate and education leadership expert whose life's work is to create a…

Companies

Afreximbank mulls establishment of 500-bed Centre in Abuja

Healthcare service delivery in the Federal Capital Territory (FCT) will soon receive a major boost with the planned…

Edo Will not mix Politics with COVID-19, says Shaibu

Edo State Government  over the weekend said it would not mix politics with the  Coronavirus (COVID-19) pandemic in…

11 Plc, Ardova post N1.8bn profit in first quarter 2020

11 Plc, formerly Mobil Nigeria Plc, and Ardova Plc, formerly Forte Oil Plc, both recorded double-digit growth in…

Economy

Reps express concern over effects of COVID-19 on economy

The Speaker of the House of Representatives, Rep Femi Gbajabiamila has at the weekend expressed concern over the…

At Aregbesola’s Colloquium, stakeholders suggest keys to unlocking…

Experts and stakeholders have said that better governance, development of innovative framework, investment in…

Life after COVID-19…Diversification, tax cuts key to sustain economy…

Coronavirus, a global health emergency, otherwise called Covid-19, has changed the world fundamentally and almost…

Energy

Buhari reconstitutes NNPC Board

President Muhammadu Buhari has approved the reconstitution of the Board of the Nigerian National Petroleum…

Explainer: What wave of bankruptcies in US shale industry means for…

There is light at the end of the tunnel for Nigeria and OPEC+ countries as the biggest independent shale oil groups…

Siemens report gives damning verdict on power generation in Nigeria

Siemens has given a damning verdict on power generation in Nigeria in its Technical and Commercial report where it…

Politics

Edo guber: APC local govt bosses, group back Obaseki on indirect primary…

Chairmen of the All Progressives Congress (APC) in the 18 local government areas of Edo State have thrown their…

Reps express concern over effects of COVID-19 on economy

The Speaker of the House of Representatives, Rep Femi Gbajabiamila has at the weekend expressed concern over the…

Ondo, Edo guber: What direct primary may mean for Akeredolu, Obaseki

As preparation for the gubernatorial elections in Ondo and Edo State gathers momentum, political gladiators in the…
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Technology

Microsoft Paper outlines steps to drive Nigeria’s digital transformation

Technology is changing our lives at spectacular speed. Advances in medicine, education, communication, and…

Mara Phones donates 10,000 face masks as plans for factory in Nigeria…

Mara Phones said it has donated 10,000 face masks to the Nigerian government as part of its commitment to help…

Why merchants still experience payout delays from payment providers in…

Over the weekend, Sam Ireke, a legal practitioner and founder of an online legal resources firm, received payments…

Hunt for Africa’s fintech unicorn back to zero as Interswitch loses…

Lagos-based fintech company, Interswitch did not make the May 2020 Unicorn Startups List of more than 470 private…

Life and Culture

Hotels business to go contactless post pandemic

While the hospitality industry awaits the full easing of the lockdown, many hoteliers are beginning to be creative…

DJ Cuppy hosts Apple’s first ever African radio show in big dollar deal

Biggest company in the world, Apple Music, is launching its first radio show in Africa on Sunday and DJ Cuppy,…

Clergyman urges politicians to Make God their dwelling place, as Oyo…

The Conference Pastor of the New Covenant Church, Odo-Ona, Ibadan, Reverend Kunle Balogun, said on Thursday that…

Obasanjo, Abiodun, Amosun mourn as Ogun Muslims head, Orunsolu, dies at 98

Former President Olusegun Obasanjo, ex-Governor Ibikunle Amosun and Governor Dapo Abiodun of Ogun State have…

Top Videos

Podcast

Market Intelligence

Zenith General Insurance’s underlying earnings surges

If Zenith General Insurance Company Limited was a quoted company, then its shares would be rallying following the…

Why CBN $100m weekly dollar sales is not enough to end dollar scarcity

After CBN announced last April that it was going to resume sales of around $100m to Small and Medium…

Despite period of volatility, Airtel Africa delivers strong earnings growth

Airtel Africa Plc is taking advantage of the country’s population growth and the need for increased connectivity…

Lagos could lose almost N133bn everyday if it implements a total lockdown

Lagos State is unarguably the most populous and prosperity city in Nigeria and accounts for up to one third of the…

Financial Times

The chain of events that led to Germany’s change over Europe’s recovery…

When German chancellor Angela Merkel announced one of the biggest U-turns of her career this week, the declaration…

China approves plan to impose national security laws on Hong Kong

China has formally approved a plan to impose national security laws on Hong Kong, despite a US declaration that the…

Tencent launches $6bn bond in record Asia fundraising rush

Tencent has raised $6bn in the latest big-ticket dollar bond sale in Asia, where issuers have tapped markets for a…

Designing insurance for the next pandemic

The grade II-listed Blackpool Grand Theatre has seen a lot in its 126 years, from the town’s rise as a booming…

Recent

Today's E-paper

Businessday Investigates

LEFT TO SUFFER (II): From Boko Haram’s Bedroom Plaything To IDP Camps’ Forgotten Citizens

In the second part of this series, IBRAHIM ADEYEMI tells the story of women who regained their freedom from Boko…

Columnists

OIL PRICE CRASHES, ECONOMY IN TURMOIL

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Wealth And Investing

Money Is A Tool, Not A Noose

In anticipation of this week’s article, people who follow @findreach on social media were asked to select what they…

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Patients shun hospitals on coronavirus fears

Kachi, 30, was finally going to part with a relationship of inconvenience with ovarian torsion, a condition that…

Gambari in quiet push to re-direct the presidency and make it work better

The new Chief of Staff to the President, Ibrahim Gambari, has begun a quiet operation to redefine the mode of…

Maturing OMO, NT-bills to push system liquidity to N955.9bn

The financial market liquidity which stood at N590.8 billion on Monday morning will further rise to N955.9 billion…

Kaduna’s IGR revolution is fast-paced and it’s bearing results

There is a fast-paced push to revolutionise internally generated revenues in Kaduna State, northwest Nigeria, and…

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More Stories

Gbajabiamila, Abayomi, others seek more synergy among states in tackling pandemic

Femi Gbajabiamila, Speaker of the House of Representatives, has called for more synergy among states and agencies…

Edo Will not mix Politics with COVID-19, says Shaibu

Edo State Government  over the weekend said it would not mix politics with the  Coronavirus (COVID-19) pandemic in…

Ondo, Edo guber: What direct primary may mean for Akeredolu, Obaseki

As preparation for the gubernatorial elections in Ondo and Edo State gathers momentum, political gladiators in the…

Life after COVID-19…Diversification, tax cuts key to sustain economy – LCCI, NECA DGs

Coronavirus, a global health emergency, otherwise called Covid-19, has changed the world fundamentally and almost…

21 years of democratic experiment: Whither Nigeria?

Last Friday, Nigeria did not witness the usual razzmatazz that hallmarks the celebration of Democracy Day in…

Ultra-modern Iwo Road Bus Terminal to improve state’s socioeconomic activities – Makinde

To enhance the socioeconomic activities of the state and ease the movement of people and vehicles, Oyo State…