BusinessDay

Nigeria Equities Market:   Top gainers: CHAMS (+8.0%) , ARDOVA (+7.4%) and SOVRENINS (+3.6%) ,   Top losers: JAPAULGOLD (-10.0%), FCMB (-9.8%) and CHIPLC (-8.6%).

TOP STORIES

Obi, Tinubu, Kwankwaso yet to unveil manifestos

Peter Obi, the presidential candidate of the Labour Party; Bola Tinubu of the All Progressives Congress (APC); and Rabiu Kwankwaso of the New Nigeria People’s Party (NNPP) have yet to unveil their manifestos, even as electioneering is picking up…

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Columnists

Today's E-paper

Report on voting pattern

NigeriaDecides2023

Petet Obi, most popular candidate in race to become president plans budget…

A third-party presidential candidate trying to capitalize on widespread discontent in Nigeria said he’ll scrap…

Obi lists insecurity, huge debt, high inflation, poverty as dark clouds…

Peter Obi, the Labour party presidential candidate has said that the next president of Nigeria will be faced with…

Why we returned N122.4m alleged bribe money – PDP NWC members

The crises rocking the People’s Democratic Party (PDP) deepened on Thursday, with the return of N122.4m by four…

Obi, Tinubu, Kwankwaso yet to unveil manifestos

Peter Obi, the presidential candidate of the Labour Party; Bola Tinubu of the All Progressives Congress (APC); and…

Cost of Living Crisis

How SMEs are coping with cost of doing business crisis

As Nigeria faces a fresh cost-of-doing-business crisis, a large chunk of the country’s 41.5 million small and…

Consumers seek cheaper variants of drugs as prices surge

The high cost of medicines is forcing Nigerians to seek cheaper variants of drugs as prices surge, a development…

RUSSIA - UKRAINE CONFLICT

UN report shows magnitude of war’s toll on Ukrainian civilians

The UN Human Rights Office has outlined a litany of abuses and possible war crimes carried out by Russian forces in…

How Russia-Ukraine war may stress Nigerians, others beyond 2022

There are fears that the Russia-Ukraine war will likely drive economic instability in Nigeria and other countries…

VOTER CARDS REGISTRATION TRACKER

Videos

Video: Weekly market update

The Nigerian equity market closed last week's trading session with a contraction, declining by 33bps as the NGX-ASI closed at 49,026.62…

Video: Weekly market updates

In last week's trading session, the Nigerian equity market experienced a largely bearish performance as all indices under our coverage…

Weekly market update

Top gainers on the last trading session of the week were led by NEM (+7.6%), CHAMS (+6.9%) and FCMB (+6.1%), while HONYFLOUR (-10.00%),…

Obituary: Times Queen Elizabeth II was also Queen of Nigeria

Video- In Memoriam: Times Queen Elizabeth II was also Queen of Nigeria

The missing barrels

Watch a short summary of the oil theft phenomenon that Nigeria is yet to unravel despite being largely an oil dependent economy.

Video: IMF bailout animation

IMF bailout animated

Weekly market update 22nd-26th August 2022

The Nigerian equities market declined 4bps or 0.04% as the NGX-ASI closed at 49,682.15 points. Accordingly, the Year-To-Date (YTD) return of…

Video: Half year financial result of Lafarge cement on the Nigerian…

Half year financial result of Lafarge cement on the Nigerian Exchange Group

The ‘bad’, bad & ugly: Four charts showing Nigeria’s…

The "bad", bad & Ugly: Four charts showing Nigeria's fiscal performance between January & April 2022

BD Weekender

News Roundup: Putin won’t attend Queen Elizabeth’s funeral, 20,000 Nigerian…

Putin won’t attend Queen Elizabeth’s funeral – Kremlin Vladimir Putin, Russian President, is not planning on…

What could be causing your child’s bad behaviour in school? – A…

Title: I am not a Troublemaker Author: Tolu' A. Akinyemi Illustrator: Ishika Sharma Publisher: The Roaring…

Essentials of Marketing Collaterals

Successful marketing starts with a consistent brand and a compelling message. But how do you get your brand and…

To live or not to leave

I knew from an early age that my father could disown me if I ever did contrary to his instructions. He was a very…

Sponsored

Bitcoin and Inflation: Everything you need to know

The idea behind the frequent promotion of Bitcoin (BTC) as an inflation hedge is the belief that fiat money would…

A Q&A with BusinessDay about Studying in Ireland

Why is Ireland an ideal study destination for Nigerian students? Ireland is an English-speaking country with a…

Most sought-after programmes for Nigerian students in Ireland

Ireland has progressively emerged as a desirable study destination for Nigerian students. The country offers an…

Spacefinish partners with a global company to help African businesses adapt…

The way we live and work has transformed since the COVID-19 pandemic and even as activities may have gained…

Technology

Bitget offers exclusive bonuses to support Zero Fee Trading

Bitget, a global crypto exchange platform has announced exclusive bonuses, including a prize pool of $300,000 and a…

9Mobile grows voice as data subscribers drop below 5m

9Mobile, the fourth largest mobile network operator has seen a significant jump in the number of voice subscribers…

NCC-CSIRT urges update after Lenovo found vulnerabilities in own products

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT has informed the…

Building a network for everyone

The impact connectivity has had on the Nigerian economy and the everyday lives of Nigerians cannot be…

Economy

DBN disburses N512bn loans in 5 years to MSMEs

The Development Bank of Nigeria (DBN) has successfully disbursed over N512 billion in loans to no less than 225,000…

FG’s N435-$1 for 2023 budget ‘unrealistic’

Analysts and other stakeholders in the Nigerian economy have described the proposed naira-US dollar exchange rate…

Demand pressure pushes naira to new low of N740 per dollar

Naira on Thursday fell to a record new low of N740 per dollar at the parallel market due to increased demand for…

How SMEs are coping with cost of doing business crisis

As Nigeria faces a fresh cost-of-doing-business crisis, a large chunk of the country’s 41.5 million small and…

Energy

Oil theft bites deeper as NLNG gas supply drops 38%

The rising crude oil theft overwhelming Nigeria’s energy business is biting deeper as the volume of gas the Nigeria…

Some local producers exporting LPG amidst scarcity – NLNG

While the Nigerian LNG Limited has kept faith with its commitment last year to supply all the Liquefied…

Russia’s oil pipeline leak stokes fear of possible sabotage

On Tuesday, European nations investigated a mysterious leak in two Russian gas pipelines that cross the Baltic Sea…

Daystar targets 400MW capacity after Shell acquisition

With many global firms signed up to 2030 clean energy targets, more companies are turning to mergers and…

Markets

Stock market fails to sustain gain

Nigeria's equities market on Thursday failed to sustain previous day's gain as it dropped by 0.42percent or…

Nigeria’s SEC exposes new rule on Shariah Advisory Services

Nigeria's Securities and Exchange Commission (SEC) has exposed new rules on Shariah Advisory Services for…

Stocks gain N14bn as investors hunt for bargain

The stock market of Africa’s largest economy routed slightly northward on Wednesday as investors bought shares of…

Nigeria’s equities return fails to beat inflation

Investors who to date hold the shares of Nigeria’s listed companies are trodden by inflation-adjusted negative…

Interview

NIGERIA at 62, so far so good?

As we celebrate the 62nd independence of Nigeria, Associate Editor, KEMI AJUMOBI spoke with women in various fields…

Omokehinde Ojomuyide Adebanjo – Senior Vice President and Merchants…

Omokehinde Ojomuyide Adebanjo is a seasoned business executive with international corporate strategy, innovation,…

Afie Braimoh – Hon. Commissioner, Ministry of Industry, Trade &…

Afie is an accomplished program manager with over 20 years’ experience and a proven track record in project…

New NHIA Act will increase investments in the health sector – AVON…

The recently passed National Health Insurance Act (NHIA) has new provisions that will help transform Nigeria’s…

Companies

CWG new firm, FifthLab bolsters digital transformation

CWG Plc’s new subsidiary, FifthLab, a financial technology company is set to bolster digital transformation for the…

CIBN asks banks to support Ehingbeti summit

The Chartered Institute of Bankers of Nigeria (CIBN) has called on all members of the banking community to support…

Ardova Group declares 10.71% revenue growth for 2021 fiscal year

Ardova Plc, one of the leading Nigerian integrated energy companies, has declared a 10.71 percent revenue growth…

Mojec unveils 24/7 vending power solutions for estates

As part of efforts to mitigate challenges and offer a stress-free solution to energy customers, MOJEC International…

CLIMATE/ ENVIRONMENT

The danger of choosing to ignore impact of climate change in Nigeria

Nigeria, like other nations to the United Nations Framework Convention on Climate Change (UNFCCC) and other…

Osinbajo leads FG’s team to launch energy transition plan in August

The Federal Government of Nigeria will on Wednesday, August 24, 2022, launch its Energy Transition Plan, tailored…

Nigeria commits to UN water treaty

Africa’s most populous country has taken a significant step towards ensuring the sustainable management of its…

How to curb the flood menace in Lagos

As the rainy season emerged during the first week of March, residents of Satellite Town, Lagos have been troubled…

Toon of the day

The Truth, Nothing But The Truth

Podcast

Life + Art

Why Lagos remains the 21st-century real estate hub

Shelter is one of man's basic needs, therefore it goes without saying that a city with the fifth-largest economy in…

NIGERIA@62 – By now, free access to mental health services should be…

Any country's most valuable resource is its human resource. Therefore, it should come as no surprise that any…

Married but living on purpose, here is how to live positively independent

The title "Mrs" always brings a lot of various seasons for women. For some, it is the fact that they now have their…

Seriously speaking, you need good people in your corner

Tope visited a new church that was quite a distance from where she lived. The spiritual atmosphere was charged. The…

Africa

AfDB, Cameroon govt partner to boost agricultural value chains with €115.05…

The African Development Bank (AfDB) on Thursday entered into a strategically viable partnership with Cameroon that…

William Ruto sworn in as Kenya’s President

William Ruto has been officially sworn in as the fifth president of Kenya. Thousands gathered in the Kasarani…

Buhari meets former president Jonathan

President Muhammadu Buhari on Wednesday, received former President Goodluck Jonathan, at the Presidential Villa,…

ECOWAS launches forum to boost research, innovation

The Economic Community of West African States (ECOWAS), on Tuesday, launched a forum that is aimed at boosting the…

World

Russia’s brand value down $144bn on invasion of Ukraine – Report

Following its invasion of Ukraine, Russia has recorded the largest fall in brand value among all the world’s nation…

Britain unveils first coin with image of King Charles

The first British coins to feature the image of King Charles have been unveiled by the Royal Mint on Friday,…

Light out in Cuba, Florida as Hurricane Ian rages

About 2.5 million people have been ordered to evacuate their homes to be sheltered in safer locations as a result…

Russia’s oil pipeline leak stokes fear of possible sabotage

On Tuesday, European nations investigated a mysterious leak in two Russian gas pipelines that cross the Baltic Sea…

Top Stories

Petet Obi, most popular candidate in race to become president plans budget revamp…

A third-party presidential candidate trying to capitalize on widespread discontent in Nigeria said he’ll scrap…

Recent

COLUMNISTS

Today's E-paper

OPINION

News

Manchester United dominate EPL September awards

English Premier League fans Friday crowned Manchester United manager, Erik ten Hag, the best Premier league manager…

Big Story

Pension for mortgage seen as ‘massive’

The guidelines released by the National Pension Commission (PenCom) that allows pension contributors access to…

NigeriaDecides2023

Petet Obi, most popular candidate in race to become president plans budget…

A third-party presidential candidate trying to capitalize on widespread discontent in Nigeria said he’ll scrap…

Obi lists insecurity, huge debt, high inflation, poverty as dark clouds…

Peter Obi, the Labour party presidential candidate has said that the next president of Nigeria will be faced with…

Why we returned N122.4m alleged bribe money – PDP NWC members

The crises rocking the People’s Democratic Party (PDP) deepened on Thursday, with the return of N122.4m by four…

TOON OF THE DAY

The Truth, Nothing But The Truth

Cost of Living crisis

How SMEs are coping with cost of doing business crisis

As Nigeria faces a fresh cost-of-doing-business crisis, a large chunk of the country’s 41.5 million small and…

Coronavirus

Private Health Alliance, Sanofi team up to assess Covid-19 vaccine…

Concerned about the low uptake of COVID-19 vaccines in Nigeria despite the availability of supply, the Private…

VOTER CARDS REGISTRATION TRACKER

Videos

Video: Weekly market update

The Nigerian equity market closed last week's trading session with a contraction, declining by 33bps as the NGX-ASI…

Interview

NIGERIA at 62, so far so good?

As we celebrate the 62nd independence of Nigeria, Associate Editor, KEMI AJUMOBI spoke with women in various fields…

Premium

Businessday Investigates

Poor hearts in barrels of harmful oils

As unbridled access to unhealthy fats consumption increasingly hurts the human heart, thousands of Nigerians die…

Podcast

Magazines

More Stories

Manchester United dominate EPL September awards

English Premier League fans Friday crowned Manchester United manager, Erik ten Hag, the best Premier league manager…

Sony launches cinema line in Nigeria for filmmakers

Sony Middle East and Africa in collaboration with Kontakt Pro Nigeria Ltd launched and exhibited its Sony’s…

‘NigeriaDecides2023’ could be decided in places where no voting can occur

When it eventually occurred on 23 February 2019, Nigeria’s presidential election was not without suspense.…

Russia’s brand value down $144bn on invasion of Ukraine – Report

Following its invasion of Ukraine, Russia has recorded the largest fall in brand value among all the world’s nation…

CWG new firm, FifthLab bolsters digital transformation

CWG Plc’s new subsidiary, FifthLab, a financial technology company is set to bolster digital transformation for the…

Britain unveils first coin with image of King Charles

The first British coins to feature the image of King Charles have been unveiled by the Royal Mint on Friday,…