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Fury tears Wilder in 7-round masterclass to claim WBC heavyweight title

Tyson Fury produced a brutal and brilliant masterclass to batter Deontay Wilder to a seventh-round stoppage, becoming world heavyweight champion again. Fury knocked Wilder down with a right in the third and a left to the body in the fifth and battered him around the ring for most of the night. Wilder’s corner threw in the towel to save their fighter after Fury landed a pair of right hands in…

Border closure: Customs’ N2trn annual revenue target dims hope of early reopening

Following the resolve by the management of the Nigeria Customs Service (NCS) to pursue a whopping annual revenue of N2trillion this year, there has been an increased concern among importers, and manufacturers, who depend on the nation’s seaports and borders for importation of their critical production inputs and machineries as well as export of their finished goods,. For them, the quest to meet…

Nigeria set to record higher growth for Q4’19 as NBS releases GDP data

Nigeria’s economy will grow at a faster pace in the fourth quarter of 2019, more than the real growth of 2.28 percent recorded in Q3, BusinessDay analysis of data shows. The growth forecast is ahead of an official release of Q4 GDP figure by the Abuja-based National Bureau of Statistics, scheduled for early hours on Monday. The increase growth in gross domestic product in the quarter, would…

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Buratai’s depressing verses

Chief of Army Staff Lieutenant General Tukur Yusuf Buratai recently engaged in the military art of deflection on…

Apply the lessons and reopen the borders

Seven months after, the closure of Nigeria’s western borders has caused pain on both sides and taught many lessons.…

Light manufacturing in Nigeria

US watchmaking history offers lessons for Nigeria’s go-slow industrial development Labour and an abundance of…

Complacency, incompetence of aviation authorities

People must be held responsible for the abysmal failure to provide a service as ordinary as an instrument landing…

Wealth And Investing

Key takeaways from Nigerian Breweries Q4 ’19 result

Nigeria’s largest beer-maker Nigerian Breweries has released its result full year 2019 for the period ended 31 December 2019. Here are the key takeaways from the result Amidst a strong double-digit…

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Women in Business

Women in Business: Hadiza Bala Usman

Hadiza Bala Usman (born January 2, 1976) is a Nigerian politician who since 2016 is serving as the Managing…

Women in Business: Yvonne Ike

Yvonne Ike is a managing director and head of Sub Saharan Africa (Ex-RSA) at Bank of America Merrill Lynch. Bank…

Nonny Ugboma, enthusiastic about future opportunities, charting her path to…

BIOGRAPHY Nonny Ugboma has shown how much difference a single individual can make. She has spent the last 17…

Husband killing: Maryam Sanda prays Appeal Court to quash her death…

Maryam Sanda has approached the Court of Appeal, Abuja Division, praying it to set aside the death sentence passed…

Sponsored

Leading with Personal Impact during Slow Growth in Lagos

As you know, the operating context of Nigeria is currently characterised by volatility and dynamism but offers a…

CSL Stockbrokers appointed as new stockbroker to Federal Government

CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has emerged as the new stockbroker to the Federal…

Law Firm Vacancy

Our client, a reputable Law Firm in Lagos, is currently in search of a lawyer with a minimum of 10 years of…

Companies

‘We are unique in our business because we understand the consumers and what…

Riquesa Africa is a leading experiential and activation company that has helped organisations like Oracle, Hitachi,…

Foreign revenue grows by 17% as Zenith Bank declares N78bn dividend for…

Shareholders of Zenith Bank Plc will earn N78 billion or N2.50 per share as the final dividend for the year ended…

Sokoto Establishes Micro-Finance Bank, Disburses N1B soft Loan

Sokoto State government has disbursed an interest-free loan of N1billion to traders and artisans in the state.…

Economy

Border closure: Customs’ N2trn annual revenue target dims hope of early…

Following the resolve by the management of the Nigeria Customs Service (NCS) to pursue a whopping annual revenue of…

BER report says Nigeria generated N83 trillion in 37 years, yet 87 million…

The Benchmark Exercise Report (BER) of the Nigeria Natural Resource Charter (NNRC), a non-profit policy institute…

No multiple taxation in Nigeria but multiplicity in interface between…

The Lagos Internal Revenue Service (LIRS) has said that there is multiplicity in the interface between taxable…

Energy

Use of CNG as alternative to PMS: DPR partners NIPCO, Green Fuels on…

Having recognised a whopping budgetary allocation of N450 billion voted for under-recovery, otherwise known as…

Reverse of DisCos shares in PHCN could cost FG 200% of initial sum –…

Despite heightening calls for a resale of Nigeria’s power distribution assets on the back of poor performance,…

Seplat’s ANOH gas project to unlock over 1,200MW of electricity 

Seplat Petroleum Development Company Plc said the Assa North-Ohaji South (ANOH) gas and condensate processing plant…
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Politics

Party deregistration: INEC should listen to us, our case is different –…

Leaders of the deregistered Youth Party led by Francis King Akinlotan, member of the Board of Trustees (BoT);…

Oshiomhole has only succeeded in burying APC – Oki

Fouad Oki is a chieftain of the ruling All Progressives Congress (APC) and a former director-general of the…

2023: Don’t flee Nigeria for Tinubu, Razak urges Bode George

A chieftain of the All Progressives Congress (APC), in Lagos, Lanre Razak has advised Bode George of the People’s…

When Ezekwesili, Utomi, others ponder leadership challenge in Nigeria

Over the years, leadership has been the major problem of Nigeria. Successive administrations and governments have…

Life and Culture

‘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’;…

Tourism’s role in rural development across Africa highlighted at 11th…

The role of tourism and investment in African development took centre stage at the FITUR travel fair in Madrid,…

FITUR is a good platform to market and promote Ghana –Akwasi Agyeman

Akwasi Agyeman, CEO, Ghana Tourism Authority, has said that Fitur International Tourism Fair presents an opportune…

Technology

Three things to expect from Bitcoin halving

In about three months’ time, the third network change nicknamed Bitcoin Halving event will take place. This is done…

9mobile pushes 4G expansion to 16 Nigerian cities with $230m AFC loan

Telecommunications service provider, 9mobile has revealed that part of the $230 million loan facility gotten from…

Carbon wants a piece of African startups with $100,000 fund

Carbon, formerly Paylater, is making a powerful stake in the African startup ecosystem by creating a $100,000 fund…

Fear of Coronavirus pushes up mobile payments, cryptocurrency in China

Following some research that Coronavirus or COVID-19 can stay alive on surfaces for 5-20 days, banks in China are…

Market Intelligence

Outflow from NSE continues for 2nd year in a row as foreign investors flee…

Foreign investors’ appetite for Nigerian securities appears to be abating as foreign outflows from Nigeria’s…

International breweries piles debt

Total debt of International Breweries Nigeria Plc has risen to a level that represents 84.15 percent of its…

BADMN stocks make up 50 percent of NSE total market cap

As the earnings season gathers momentum with every hour, some stocks are making up a bigger piece of the pie than…

Nigeria’s Stock Exchange Urges Brokers to Combine as It Readies Listing

The Nigerian Stock Exchange is urging stockbrokers to buy dormant licenses or combine with other operators rather…

Financial Times

Michael Bloomberg unleashes media blitz ahead of Super Tuesday

Michael Bloomberg has made up for his late entry into the Democratic presidential race with an…

Venezuela: Refugee crisis tests Colombia’s stability

The chaos spreading into Colombia from Venezuela is unmistakable on the crowded highway that spans the countries’…

Investors hunt for alternative data to track coronavirus shock

Investors scrambling to quantify the impact of the coronavirus outbreak on China are turning to a string of unusual…

Rising UK inflation reduces chance of interest rate cut

UK inflation rose for the first time in six months in January, matching Bank of England expectations in what…

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Businessday Investigates

Customs, police, army using fake document to extort farmers – Federal agency implies

Some officers of the Nigeria Customs Service (NCS), Nigeria Police, and the Nigerian Army have been at the centre…

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Short Takes

Bitcoin halving in few weeks might create new crypto-millionaires. Here’s why…

The world of cryptocurrency is counting down to an event, as rare as leap years that could boost Bitcoin price and…

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Excess Crude Account slides to $70m as fiscal buffers disappear

A 78 percent decline in savings from oil sales created to stabilise the Nigerian economy in case of a shock is the…

Health industry awaits speedy completion of 300-bed Kaduna ultra-modern hospital

Governor Nasir el-Rufai of Kaduna State is working to complete Nigeria’s most modern public hospital in Kaduna, the…

Updated: 9mobile pushes 4G expansion to 16 Nigerian cities with $230m AFC loan  

Telecommunications service provider, 9mobile, has revealed that part of the $230 million loan facility got from the…

Shift in global patterns leaves Nigeria empty-handed as peers hit jackpot


Foreign Direct Investment (FDI) -starved Nigeria is still stuck in an old way of thinking two decades after peers…

Women In Business

Women in Business: Hadiza Bala Usman

Hadiza Bala Usman (born January 2, 1976) is a Nigerian politician who since 2016 is serving as the Managing…

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More Stories

2023: Don’t flee Nigeria for Tinubu, Razak urges Bode George

A chieftain of the All Progressives Congress (APC), in Lagos, Lanre Razak has advised Bode George of the People’s…

When Ezekwesili, Utomi, others ponder leadership challenge in Nigeria

Over the years, leadership has been the major problem of Nigeria. Successive administrations and governments have…

9th Senate’ Legislative Agenda: How far, so far?

Revitalisation of agriculture, industrialisation, power generation and other key priorities of the 9th Senate are…

Anxiety, stress predispose many men to sexual dysfunction – Experts

Experts say that sexual dysfunction is a common problem among men and women, but it is more prevalent in men as…