Exclusives

Exclusives

Equities market: Domestic investors take charge as foreign selloff persists in April

Olufikayo Owoeye May 25, 2020

As global markets continue to grapple with the impact of COVID-19 spread, the Nigerian equities market last month showed some...

Exclusives

Apapa traffic to worsen as Lagos closes Marine Beach Bridge for repairs

Joshua Bassey May 25, 2020

Residents and businesses located within the precincts of Apapa are in for longer travel time as the Lagos State government...

Exclusives

Oil marketers say FG should back downstream deregulation with law  

Isaac Anyaogu May 22, 2020

The Nigerian government says it has deregulated the petroleum downstream sector since March to allow oil marketers resume importation and...

Exclusives

Update 1: Nigeria’s April inflation accelerates to 12.34%, highest in 2yrs

Bunmi Bailey May 22, 2020

Nigeria’s Consumer Prices Index (CPI), commonly known as inflation, accelerated by 12.34 percent in April 2020, marking the eighth-consecutive uptrend...

Exclusives

Employee pensions at risk as lockdown, job losses threaten remittances

Modestus Anaesoronye May 21, 2020

Employees enrolled under Nigeria’s Contributory Pension Scheme (CPS) face a tough future of low benefits as the ravaging COVID-19 pandemic...

Exclusives

Coronavirus leaves Nigeria with no alternative to critical infrastructure spending

Segun Adams May 21, 2020

If Nigeria needed a reason to stop paying lip service to the its infrastructure needs and return the country to...

Exclusives

Real estate sector seen losing 50% revenue as coronavirus impact weighs

Chuka Uroko May 21, 2020

Experts in the real estate sector of the Nigerian economy have said that the impact of the deadly coronavirus on...

Exclusives

Nigeria remains stuck on imported fuel as 20.8bn litres of petrol was shipped in 2019

Isaac Anyaogu May 21, 2020

Africa’s biggest oil producer imported 20.89bn litres of Premium Motor Spirit (PMS) in 2019, which comes to about 57.2 million...

Exclusives

COVID-19: Under-testing, PPE shortage endanger patients, medical personnel at LUTH

Temitayo Ayetoto-Oladehinde May 21, 2020

The Lagos University Teaching Hospital (LUTH) risks spreading the deadly COVID-19 to staff and patients as manpower and equipment shortages...

Exclusives

Nigerian employers in gruelling battle to keep staff

Lolade Akinmurele May 20, 2020

Nigerian employers are fighting to keep staff on their payrolls amid the financial pain inflicted by the COVID-19 pandemic, according...

Exclusives

FG asks businesses, schools, others to adopt new strategies ahead of reopening

Joshua Bassey May 20, 2020

The Federal Government on Tuesday asked businesses, offices, professional bodies, places of worship and educational institutions awaiting reopening to use...

Exclusives

Businesses lose billions in 5-week lockdown as SMEs rethink models  

Odinaka Anudu May 20, 2020

Businesses in Nigeria are counting their losses from a five-week lockdown imposed to curb the spread of coronavirus in Africa’s...

Exclusives

Terms Nigeria must meet to access $1.5bn World Bank credit

Lolade Akinmurele May 20, 2020

Taking definitive action on some long-standing reforms is all that stands between Nigeria and a part of the much-needed concessionary...

Exclusives

NLNG Train 7 project attracts $3bn financing from 31 lenders

Isaac Anyaogu May 20, 2020

The Nigeria Liquefied Natural Gas Train 7 project has reached final investment decision and is scheduled for commissioning in 2025,...

Exclusives

Current ease of lockdown guidelines remain till June 1 – FG

Anthony Ailemen May 19, 2020

The Federal Government on Monday said it would maintain the current guidelines on “ease of lockdown” for another two weeks,...