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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

Mid-week wrap-up: Five Things to know as Lagos fights COVID-19

The Epicenter Lagos, Nigeria’s commercial capital as of Wednesday accounted…

Here’s what it could cost FG to provide Nigerians 2 months of free electricity

The Federal Government of Nigeria would have to pay electricity suppliers an…

Five things to start your day

Nigeria sacrificed health, defence, education for fuel subsidy, in past 4 years…

Coronavirus Watch

Lockdown working in S. Africa as infection rate slows, President Ramaphosa…

The lockdown is working and has slowed the infection rate of SA’s Covid-19 outbreak, President Cyril Ramaphosa said…

Nigeria records 14 new Coronavirus cases, NCDC says total now 288

Fourteen new cases of Covid-19 were reported in Nigeria late Thursday, which the Nigeria Centre for Disease Control…

Mid-week wrap-up: Five Things to know as Lagos fights COVID-19

The Epicenter Lagos, Nigeria’s commercial capital as of Wednesday accounted for 52.5% of the total confirmed…

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

Managing Nigeria’s funds in the coronavirus era

Alongside talk of the coronavirus, all citizens seem to hear nowadays is a deluge of cash chasing the cause. There…

Coronavirus a challenge to Nigerian pharmacy and manufacturing

Vitamin A is an essential micronutrient in drug manufacturing and for human and animal nutrition. China and India…

FG, do not let this Coronavirus crisis go to waste

With the shutdown of Lagos, Abuja and Ogun States and many others, on account of COVID-19, the Nigerian economy is…

On borders, boundaries and the lockdown

Two days into the lockdown of three territories, the Federal Government reversed itself virtually by allowing four…

Wealth And Investing

COVID-19 might mean salary cuts. Here’s how to cope

The impact of Covid-19 has affected or is affecting the financial strength of most companies globally, which has resulted companies to either lay off or do a salary cut for its employee. Although…

In Focus

Insight

Infograph of the week

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Highlights

Women in Business

COVID-19, its effect on our businesses

Folake Coker Founder/Artistic Director, Tiffany Amber On the 27th of February when it was announced that we…

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…

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

Iron Capital announces partnership with Australian government

Iron Capital, an Africa-focused corporate finance and financial advisory firm, has announced its partnership with…

FBN Holdings to sell insurance stake to South African Sanlam

FBNHoldings is in talks with its Salam partners that may lead to sale of its insurance arm, FBNInsurance to the…

Port Harcourt Court remands 2 Carveton pilots in prison custody for…

What may be the fasted prosecution after arrest in the history of Rivers State took place today Tuesday, April 7,…

Economy

Update: World Bank says Nigeria, SA, Angola economies will be hard-hit by…

Africa’s largest economies, including Nigeria, South Africa and Angola will face the toughest outcomes yet on…

Coronavirus: Nigeria’s economy to shrink by 4% says Goldman

Nigeria’s economy is expected to contract by as much as four per cent this year according to a note by the global…

Nigeria’s food prices soar as Christians prepare for Easter Celebration

The lockdown to curtail the spread of the coronavirus which took effect 11-days ago is disrupting supply chains,…

Energy

OPEC+ oil supply deal in jeopardy as Mexico threatens to pull out

A historic multilateral deal to lower global oil production and stabilize prices, led by record cuts from Saudi…

Global Oil market conditions horrifying says OPEC’s Barkindo

Covid-19 is an unseen beast that seems to be impacting everything in its path,” Mohammad Barkindo, OPEC’s…

OPEC+ agree deal to cut up to 10m barrels a day

Oil prices jumped on Thursday on reports that Saudi Arabia and Russia have reached a deal on a deep output cut of…
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Magazines

Politics

Where are the political parties?

Suddenly, the political parties in Nigeria have gone underground and the so much noise about the power shift in…

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…

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

Cash palliative to vulnerable Nigerians shows hurdles facing epayment

The choice of cash instead of electronic transfers to cushion the economic impact of the coronavirus pandemic on…

Movement across Nigeria drops 39% in Google report tracking lockdown

Traffic to retail and recreation locations has dropped the most in Nigeria by 39 percent, followed by transit…

5G demonstration in Lagos showed solutions for medical emergencies, traffic

For many people in Nigeria, the best use case for internet (and its speed) is in downloading media content.…

How far can Bitcoin go after crossing $7000?

The price of Bitcoin reached over $7000 on Tuesday morning, setting off predictions that it could go higher as next…

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Podcast

Market Intelligence

Dangote Cement Nigeria operations continue to power overall business

The NGN85 billion loss Dangote Cement reported from its Pan African businesses in FY 2019 was the fourth…

Access bank records 39% of forecast merger savings in first year 

Access bank shareholders are beginning to reap the efficiency benefits of the diamond bank merger as Nigeria’s…

GTBank generates higher returns to shareholders than any lender

Guaranty Trust Bank or GTBank has generated much higher returns for its shareholders than any other lender in the…

Coronavirus to boost Pharma stocks on government stimulus

Analysts are betting that pharmaceutical stocks will appreciate on the back of stimulus announced by government in…

Financial Times

Oil prices higher ahead of Opec-Russia meeting

Oil prices rose on Thursday ahead of a crunch meeting between the Opec group of producers and Russia that could…

US executives rush in record numbers to ‘buy the dip

Executives at big US companies bought their own stock in record numbers last month, capitalising on a sharp drop in…

FT readers: Italy and the threat to eurozone unity

Monday’s Big Read from Miles Johnson in Rome, Sam Fleming in Brussels and Guy Chazan in Berlin analysed the…

IMF boosts emergency lending capacity to $100bn

The IMF has doubled its emergency lending capacity, raising it to $100bn to meet demand from countries needing…
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

Alaro city

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

Short Takes

OIL PRICE CRASHES, ECONOMY IN TURMOIL

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Podcast

Wealth And Investing

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Nigeria, SA, Angola economies will be hard hit by Covid-19 pandemic – World Bank

Africa’s largest economies, including Nigeria, South Africa and Angola will face the toughest outcomes yet on…

Nigeria prioritised fuel subsidy over health, defence, education, in past 4 years  

Africa's biggest oil-producing country spent over N2 trillion on subsiding the price of fuel in four years, an…

Updated: Fiscal deficit jumps to N5.2trn as FG revises 2020 budget

The projected deficit embedded in the 2020 budget jumped to N5.2 trillion or 3.67 percent of GDP, as the Federal…

Official records intact, no casualty as fire guts Accountant General’s Office

No official records were lost to the fire that gutted Nigeria’s Treasury House, the headquarters of the Office of…

Women In Business

COVID-19, its effect on our businesses

Folake Coker Founder/Artistic Director, Tiffany Amber On the 27th of February when it was announced that we…

Magazines

Companies & Market

Economy & Politics

Energy & Technology

zenth bank

Financial Times

Oil prices higher ahead of Opec-Russia meeting

Oil prices rose on Thursday ahead of a crunch meeting between the Opec group of producers and Russia that could…

More Stories

Visa commits $210m for COVID-19 relief, support SMEs with focus on women

The Visa Foundation through two programs is committing a total of $210 million, to on one hand support small and…

Fire guts three vehicles, transport company around Lagos airport

Three vehicles and a tour transport company around Lagos airport on Thursday evening were gutted by fire.…

Iron Capital announces partnership with Australian government

Iron Capital, an Africa-focused corporate finance and financial advisory firm, has announced its partnership with…

1mn Nigerian farmers targeted for insurance in Agritask, Royal Exchange partnership

The announcement of a collaboration between Agritask, a leading global developer of agronomic operations platforms,…

COVID-19, its effect on our businesses

Folake Coker Founder/Artistic Director, Tiffany Amber On the 27th of February when it was announced that we…

Lockdown holds lessons for future preparedness in agric sector

The need to ensure food production activities such as crop farming and animal husbandry, and required support…