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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

Here’s what Fitch Rating had to say about Nigerian economy

The downgrade of Nigeria to “B” from “B+” and Negative Outlook is an aggravation…

US Shale economy pants for breath after firms cut spending by $27bn

Exxon Mobil Corp. more than doubled the budget cuts announced by any other shale…

Five things to start your day

COVID-19 update: Local transmission on the rise in Lagos, 238 infections…

Coronavirus Watch

Coronavirus: SON deploys 29 international standards for medical equipment

The Standards Organisation of Nigeria (SON) says it has deployed 29 internationally certified global standards for…

Coronavirus:  FG says immediate task will be stopping community spread,…

The Federal Government says the immediate task at hand is to prevent spread of the Covid-19 pandemic in communities…

What Africa must do to mitigate the damaging effects of coronavirus  

Before the novel coronavirus (COVID-19) pandemic hit the globe, Nigeria spent 42percent of her earnings on debt…

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

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…

Nigerian political elite and Dubai property market

The Nigerian political elite are a special breed who, after contesting and winning elections, become affluent,…

The arrogance and impunity of Nigerian political elite

When in 1998 Olusegun Obasanjo was asked why he was seeking political office as president after leaving office 20…

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

Highlights

Women in Business

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…

Women in Business: Anino Emuwa

Anino Enuwa is the founder and managing director of Avandis Consulting in France which has a subsidiary in Nigeria.…

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

FCMB temporarily suspends season 7 of millionaire promo, commits to…

First City Monument Bank (FCMB) has announced a temporary suspension of the season 7 edition of its bumper…

Update: ‪Shell paid Nigerian Government N1.7trillion in taxes, royalties,…

International oil major, Shell paid the Federal Government over $5.6billion dollars which at the exchange rate of…

Lafarge Africa proposes N1 dividend per share amid N212.9bn FY’19…

Lafarge Africa Plc has proposed dividend of N1 per share as shown in its audited results for the full year ended…

Economy

IMF working to respond to Nigeria’s request – Managing Director

The International Monetary Fund (IMF) is working hard to respond to the request for funds made by Nigeria, so that…

Nigerian economy will contract without stimulus – Finance Minister

Nigeria, Africa’s most populous country, may fall into recession this year if an economic stimulus plan isn’t put…

Increased insecurity on the back of massive job loss a possibility

Mariam Osayi, a shop owner in the famous Ile-Epo General Market, sells frozen foods, raw rice, oil, and garri. Last…

Energy

Nigeria, nine others lost over $19bn in revenues to gas flare

Nigeria and nine other countries notorious for gas flaring lost over $19bn in revenues last year for failing to…

Oil traders say hopes rising for Friday’s crucial meeting of leading oil…

There is rising prospects that the world’s largest oil producers will meet this week for unprecedented talks on a…

8 things we learnt from NEITI latest’s report

Nigeria Extractive Industry Transparency Initiative (NEITI)  released its new audited report few days which showed…
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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

WhatsApp reduces forwarded messages allowance to curb spread of fake news

WhatsApp, a popular mobile chat application, has today (Tuesday) announced that it will be reducing the number of…

Explainer: 5G has no correlation with Covid-19, says NCC

Nigerian Communications Commission (NCC) has said that there is no correlation between the dreaded Covid - 19 and…

The radiation from 5G is not different from that of 2G, 3G and 4G – NCC

The Nigerian Communication Commission (NCC), regulator of all telecommunication services in the country, has…

Tech experts debunk fake news on 5G implications to human health

Professors of technology and industry experts have debunked the falsehood making the rounds on social media about…

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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

Exxon slashes capital investment by $10bn

ExxonMobil is slashing this year’s capital spending plans by $10bn and will cut cash operating expenses by 15 per…

Income of 73% in US hit by outbreak — FT-Peterson poll

Nearly three-quarters of Americans say the coronavirus pandemic has reduced their family’s income, with nearly half…

US shareholders brace for nine-year squeeze on dividends

Dividends paid to investors by big US companies will take nine years to recover from the downturn caused by…

Coronavirus: Is Europe losing Italy?

A year ago Carlo Calenda ran in European parliamentary elections in Italy under the slogan “We are Europeans”, a…
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

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

Here’s what Fitch Rating had to say about Nigerian economy

The downgrade of Nigeria to “B” from “B+” and Negative Outlook is an aggravation of ongoing pressures on Nigeria's…

OIL PRICE CRASHES, ECONOMY IN TURMOIL

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Wealth And Investing

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FG says in talks with Innoson, other auto firms on ventilator manufacturing

The Federal Government has confirmed that it is in discussion with Innoson and two other automotive firms who had…

Dangote Cement woos investors with N100bn issue

Dangote Cement plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds…

‘Complete collapse of economies’ ahead as Africa faces Coronavirus

Some of Uganda’s poorest people used to work here, on the streets of Kampala, as fruit sellers sitting on the…

NSE index shed almost 5,000 points in March, its biggest monthly decline in 5 years

The Nigerian Stock Exchange (NSE) All Share Index as at market close on March 31 recorded its single biggest…

Women In Business

Women in Business: Natasha Akpoti

Natasha Hadiza Akpoti (born in 1979) is a Nigerian barrister, social entrepreneur and politician. She ran for the…

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Companies & Market

Economy & Politics

Energy & Technology

zenth bank

Financial Times

Exxon slashes capital investment by $10bn

ExxonMobil is slashing this year’s capital spending plans by $10bn and will cut cash operating expenses by 15 per…

More Stories

Exxon slashes capital investment by $10bn

ExxonMobil is slashing this year’s capital spending plans by $10bn and will cut cash operating expenses by 15 per…

Coronavirus: SIFAX Group commits N130m to fight against outbreak

SIFAX Group, a group of companies with investment in maritime, aviation, oil & gas, haulage & logistics,…

Income of 73% in US hit by outbreak — FT-Peterson poll

Nearly three-quarters of Americans say the coronavirus pandemic has reduced their family’s income, with nearly half…

Oil traders say hopes rising for Friday’s crucial meeting of leading oil producers

There is rising prospects that the world’s largest oil producers will meet this week for unprecedented talks on a…

US Shale economy pants for breath after firms cut spending by $27bn

Exxon Mobil Corp. more than doubled the budget cuts announced by any other shale company on Tuesday amid an…

US shareholders brace for nine-year squeeze on dividends

Dividends paid to investors by big US companies will take nine years to recover from the downturn caused by…