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Office space demand drops to 5-year low

Prime office space suppliers are not having it easy as they struggle to retain occupancy and seek strategies to get new tenants. Transaction activity, particularly new leases, dropped in the first half of 2021 to the worst levels the market has…

Commentary

Today's Epaper

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Food Security and National Insecurity: Pathways to averting an impending alimentary crisis

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BusinessDay Diary (Ep 3): A dive into the world of baking with Nike…

In this episode of BusinessDay Diary, Nike Majekodunmi, the CEO, 'Nuts About Cakes', talks about the baking…

BusinessDay Diary (EP 2): With the CEO OF Pundit Bookkeeping Services,…

In this episode of BusinessDay Dairy, the CEO of Pundit Bookkeeping Services, spoke about the imprortance of…

BusinessDay Diary (Ep 1): An entrepreneur transforming the dry-cleaning…

With 31 years in dry-cleaning, half of which he has spent running his own company, Eni-Ibukun Adebayo, founder of…

Weekender

Healthy living in Lagos: For the professional always on the move

One of the most riveting things to come out of the pandemic is the fixation on healthy, intentional living. People…

Wura-Natasha Ogunji speaks on the Access Bank ART X Prize 2021

Returning for its 5th edition, the Access Bank ART X Prize provides funding and tailored mentoring support to…

The one that never left

Hi, my name is Ese and this is my love story. Tega and I were good friends but I always had a huge crush on him,…

The Prosumer as a new market force

The advancement of technology, especially high-speed internet, has changed the way our world operates. Bankers now…

Sponsored

FCMB empowers agribusiness, healthcare and others with AFDB’s $50M…

Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and…

The Fidelity Bank Virtual Card Will Transform Your Online Shopping…

Fidelity Bank Plc is continuously proving to be a force to be reckoned with in the digital banking space and this…

Making new Kings of mastery

Let’s be honest, we do not adore those African traditional movies anymore. The ones where coronation ceremonies are…

Descasio Leads the Digital Transformation Journey for SMEs and Startups…

As part of Descasio’s strategic plan to close the gaping distance between the current position of many African…

Start-Up Journal

FCMB empowers agribusiness, healthcare, others with AfDB’s $50m credit

FCMB empowers agribusiness, healthcare, others with AfDB’s $50m credit Women empowered businesses and local…

How Babalola built DJBTV into a global brand

Babalola Idowu Olumide has disclosed how he developed DJBTV, an indigenous media into a global one, renowned for…

Majekodunmi’s recipe for a successful baking business

Like many things, the baking industry has changed significantly over a number of years. For instance, when Nike…

How cashbox helps people cultivate healthy savings habit

Sydney Imuetinyan Aigbogun is the CEO of CashBox, an online saving platform helping thousands of users cultivate a…

Companies

SUNU Assurances returns to profit, record N313 million PBT

SUNU Assurances Nigeria Plc has posted a Profit Before Tax of N313.41 million during the 2020 financial year, when…

FMDQ Group holds AGM, reports significant developments

Africa’s first vertically integrated financial market infrastructure (FMI) group, FMDQ Holdings PLC, (“FMDQ Group…

Dangote Cement’s profit hits record-high on increased sales

Dangote Cement, Nigeria’s largest company, posted record profit in the first half of the year as demand for the…

Seplat declares interim dividend of 2.5 cents, half year PBT up 142.7%

Seplat Energy Plc has pronounced an interim dividend at a rate of US2.5 cents (United States Two and Half Cents)…

Interview

Nigeria needs to put value on productivity to drive growth – Ogunbiyi

AKIN OGUNBIYI is the chairman of Mutual Benefits Assurance Plc, a leading player in Nigeria’s financial services…

‘St. Kitts and Nevis’ GDP will see strong rebound of 5.5% in 2021 alone’

LES KHAN is the CEO of the Citizenship by Investment Unit of St. Kitts and Nevis. He has been CEO of the programme…

To really answer the educational challenge in a fast-growing country is…

Margee Ensign is the president of American University of Nigeria (AUN), Yola, Adamawa State. In 2017, she left AUN…

VOME AGHOGHOVBIA-GAFAAR, keen on shaping Africa’s future through energy…

Vome Aghoghovbia-Gafaar is an award-winning chemical engineer, energy consultant and the founder of Ignite Energy…

Economy

Naira ends week with 2.18% loss to dollar as market reacts to CBN’s…

The five trading days foreign exchange market ended on Friday with Nigeria's currency losing 2.18 percent to the…

Urban poverty shows Nigerians need social security, jobs

Economic activities are gradually picking up in Nigeria but the pace is not enough for jobs to be rapidly created,…

Low base effect seen lifting Nigeria to 7.9% growth in Q2

The second-quarter gross domestic product (GDP) figures for Nigeria are expected to show as much as a 7.9 percent…

Nigeria’s economic growth still far from reducing poverty

Nigeria's GDP per capita income or what economists interpret as economic growth per head is projected to rise in…

Women in Business

Suzanne Iroche, Independent Non-Executive Director at Coronation Merchant…

Recently in Nigeria, we have been celebrating women being elevated to top positions. By top positions, I mean…

Abimbola Onakomaiya, MD/CEO of PeakThrust Insurance Brokers Limited

Abimbola Onakomaiya is the MD/CEO of PeakThrust Insurance Brokers Limited, an insurance broking company…

Ukinebo Dare, MD of the Edo State Skills Development Agency

Ukinebo oversees the Edojobs initiative and the Edo State Skills Development Agency. Coordinating efforts and…

Chioma Afe, Group Head, Retail Marketing & Analytics at Access Bank…

Chioma is a motivated, proactive, strategic thinker, leader and digitally driven brand advocate. A successful…

Energy

Meet Elahor Aiboni, first female MD to lead Shell Nigeria

World energy giant, Shell, has named Elohor Aiboni as the managing director of its Nigeria deep-water business,…

Nigeria’s biggest indigenous oil firm to pay shareholders $14.7m dividend…

Seplat Petroleum Development Company Plc, Nigeria’s largest listed Oil & Gas firm by market value, will pay a…

Shareholders mount pressure on Big Oil firms to cut upstream emission

There is growing pressure from shareholders in some of the world’s biggest oil-producing companies to reduce…

PowerGen secures financing from CrossBoundary Energy Access, others, to…

PowerGen, a developer in Africa of on-grid and off-grid distributed energy, has secured long term project financing…

Politics

No parallel congress in Ogun – Committee Chairman

The Chairman of the Ogun State Ward Congress Committee of the All Progressives Congress (APC) Wale Ohu, has…

How Nigeria’s shambolic LG poll raises urgent need for restructuring

Since Nigeria returned to civil rule in 1999, local government elections across the country have always been…

2021 Budget performance at 60% as at June, says Makinde

Governor Seyi Makinde of Oyo State has said that the performance of the 2021 budget as of June this year was…

Bumpy Ride to 2021 Guber Polls in Anambra

Barring unforseen circumstances, on November 6, 2021, Anambra State citizens will go to the polls to elect a new…

Markets

Nigerian BDCs assure of continuous provision of foreign exchange services

Bureaux De Change (BDC) operators, through their associates have assured members of the public that money changers…

Cement companies bounce back from COVID downturn

The half year (H1) results of Nigeria’s cement makers show they are recovering from pandemic-induced downturn that…

Fidson shareholders get 25kobo dividend per share

Shareholders of Fidson Healthcare Plc, the leading indigenous pharmaceutical manufacturing company in Nigeria, will…

Nigeria’s stocks shed N64bn in one week

In the trading week ended Friday July 30, the cumulative value of stocks listed on the Nigeria Bourse decreased by…

Technology

How to make money with your smartphone

Smartphones are getting more sophisticated with in-built cameras that could rival most traditional cameras. Storage…

Here’s why Bitcoin is above $40,000, first time since June

The price of bitcoin went above $40,000 for the first time since June when a China-led bearish sentiment pushed…

Inside MTN’s current remote work strategy for 80% employees

The COVID-19 pandemic took many industries in Africa by surprise, but for players like MTN, it was like walking…

Sophos to expand cyber threat detection with acquisition of Braintrace

Sophos, backed by private equity firm Thoma Bravo said it has acquired Braintrace, a cybersecurity startup to…

Toon of the Day

Podcast

Life and Culture

All you need to know about the BBNaija Shine Ya Eye House

Big Brother Naija (BBNaija), the popular and biggest reality TV show in Africa is officially in its sixth season…

Glo Expands its 22X Recharge value to All Prepaid Customers

Nigeria’s innovative telecommunications service provider, Globacom, has announced the extension of its…

The business hurdles women encounter

Saira Syed loves to write short reads on meaningful thoughts staggering through her legal journey. For her,…

What is Aura by Transcorp and how can money be made from it?

It is not unusual to get invited to a social function out of town, say a wedding ceremony, get there and have no…

Top Stories

Office space demand drops to 5-year low

Prime office space suppliers are not having it easy as they struggle to retain occupancy and seek strategies to get…

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Commentary

Today's Epaper

In Other News

India’s footwear industry holds lessons for Aba

Aba is Nigeria’s major footwear hub and the market is valued at over N120billion. The activities and value of the…

Coronavirus

COVID-19: Nigeria battles slow vaccination as variants increase infections

As Nigeria’s fate for vaccination hangs on the goodwill of countries with abundant vaccines, one main factor stands…

Nigeria’s COVID-19 spike continues with 590 infections, 8 deaths

Nigeria has recorded 590 new COVID-19 cases in daily figures, the Nigeria Centre for Disease Control (NCDC) stated…

Akwa Ibom worries over high number of third wave Covid-19 cases

Akwa Ibom has expressed worry over the number of Covid-19 infections following the outbreak of the third wave of…

Nigeria set to receive additional 4m doses of Moderna vaccine from U.S

Dana L. Banks, special assistant to the United States' (U.S) president and senior director for Africa at the…

COVID-19 VACCINE TRACKER

Weekender

Healthy living in Lagos: For the professional always on the move

One of the most riveting things to come out of the pandemic is the fixation on healthy, intentional living. People…

Premium

Business Of Health In Lagos

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…

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More Stories

‘St. Kitts and Nevis’ GDP will see strong rebound of 5.5% in 2021 alone’

LES KHAN is the CEO of the Citizenship by Investment Unit of St. Kitts and Nevis. He has been CEO of the programme…

India’s footwear industry holds lessons for Aba

Aba is Nigeria’s major footwear hub and the market is valued at over N120billion. The activities and value of the…

Police case (the case for international police)

Headline: (November 29, 2020) “BOKO HARAM “SLAUGHTERS” 43 RICE FARMERS IN BORNO” “No fewer than 43 farmers…

Flour Mills grows profit 10% in Q1 2021 amid difficult operating environment

Flour Mills of Nigeria (FMN), an integrated and agro-allied group, saw a 10 percent jump in its profit as revenue…

Lagos-Badagry Expressway and the December 2021 deadline

After 12 years, Lagos-Badagry Expressway (LBE) has joined the league of perpetual construction sites in Nigeria…

How to resolve problems involved in sale of real estate property FIDEL EHIZIBUE IGENEGBALE

Amongst services provided by a registered firm of Estate Surveyors and Valuers, is the sale of property. When an…