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Lagos, South Africa and New York
Tuesday, September 22, 2020

NCAA to revoke erring local airlines license over non-compliance with COVID-19 protocols

By Yunus Yusuf Ikeja, Sept. 21, 2020 The Nigerian Civil Aviation Authority (NCAA) has threatened to...

NSCDC prevents thieves from diverting 1,100 litres of PMS across border

By Bukola Adetoye Lagos, Sept.21, 2020 The Nigerian Security and Civil Defence Corps (NSCDC) has taken...

At 75, UN remains true to aspirations of founders -Buhari

By Ismaila Chafe Abuja, Sept. 21, 2020 President Muhammadu Buhari has hailed the United Nations...

LCCI wants urgent gazetting of CAMA 2020 CAMA 2020

By Rukayat Moisemhe Lagos, Sept. 21, 2020 The Lagos Chamber of Commerce and Industry (LCCI) has...

COVID-19: Organisation to empower 500,000 vulnerable Nigerians

By Fortune Abang Abuja, Sept. 21, 2020 Community Excellence and Development Initiative (CEDI), a non-governmental...

THIS IS MONEY

Financial planner: Here’s when you should temporarily stop saving for retirement during the pandemic

As the coronavirus spreads across Global economy and the United States, American life has come...

Personal Finance tips to help you survive coronavirus spiked global recession

If you’ve been following the latest financial news, it might look like the U.S.’s longest...

Teaching your kids about personal finance

life can and should be inculcated from a young age. Mandy Porter Talking about money...

8 Easy Ways To Teach Your Kids About Money

It is not easy to teach children and teens about life, let alone money. Most...

The No. 1 job billionaires and multimillionaires held before they got stickinly rich

By Catey Hill And why it’s important for all of us to do that job,...

The Big Read

The World Trade Organization needs to be at the forefront of the fight against the Covid-19 pandemic in order to help restore its battered reputation, one of the favourites to be its next leader has said. Ngozi Okonjo-Iweala, Nigeria’s choice to replace Roberto Azevêdo as WTO director general, said trade rules should ensure that medical breakthroughs save lives everywhere and...

Agusto & Co. assigns a fund credit quality rating of “A+(f)” and fund volatility...

Agusto & Co assigns A+(f) credit quality and FV5 volatility ratings to the Coronation Fixed Income Fund (“CFIF” or “the Fund”). The rating reflects...

NAICOM approves Elumelu’s Heirs Life Assurance Limited, Heirs Insurance Limited

The National Insurance commission (NAICOM) Has approved Heirs Life Assurance Limited and Heirs Insurance Limited, respectively, owned by Nigerian billionaire banker, Anthony Elumelu, Naija247news...

Access Bank’s Outlook for Gross Earnings Remains Positive

Access Bank Plc’s gross earnings growth moderated to 22.31% YoY in H1:2020 (from 31.02% in Q1:2020) due to a relatively weak second quarter outing....

Insider Dealing: Dr. Raymond Purchase 204,541 Shares in Honeywell Flour Mill

The management of Honeywell Flour Mill Plc has disclosed that Dr. Raymond Zoukpo, a non-executive director of the company, purchased 204,541 shares in Honeywell...

COMMODITY

Olam Cocoa hits 100% traceability target across its direct global supply chain

Olam Cocoa, a leading supplier of cocoa beans and ingredients, today announces it has achieved...

Gold rises as dollar weakens, eyes second weekly gain

Gold prices rose on Friday, en route to a second straight weekly gain, as the...

Gold falls after U.S. Fed dampens hopes for more stimulus

Gold prices fell on Thursday to the lowest in more than a week, after the...

Gold steady as dollar softens, investors eye Fed meeting

Spot gold was flat at $1,956.17 per ounce by 0024 GMT after gaining 1% on...

Gold slips from one-week peak as dollar recovers

Spot gold was down 0.3% at $1,947.41 per ounce by 0058 GMT, after hitting its...

RESEARCH & ANALYSIS

Nigeria’s debt profiling: Drawing a nexus between Jonathan and Buhari Administrations

The Debt Management Office on Wednesday, 9th September, announced that Nigeria’s public debt has risen...

Buying Lafarge’s Recovery Story as Profit Jumps by 158.96%…

Lafarge Africa Plc recorded strong operating performance in H1 2020 as its Profit After Tax...

CBN BDC Sales: Speculative Supply Hit The Streets Bringing Parallel Market Exchange Rates Down

By Zedcrest Capital/ FGN Bonds It was an unremarkable trading session for FGN bonds to start off...

Pandemic hammers NEM Insurance’s Performance in H1 2020

Topline Growth Slows NEM Insurance Plc. (NEM) bucked the trend of double-digit growth in gross premium...

Berger Paints Plc – Soaring Interest Expense Underscores Pessimism

Topline Growth in Q1:2020 Masks Underperformance in Q2 In H1:2020, Berger Paints Plc reported revenue growth...

NAIJA TECH START-UPs

Maiduguri-based female entrepreneur brings affordable hygiene to women in need

When Zainab Lawan Dalorima asked displaced people in Dalori camp what help they need, they...

Why I relocated to northern Nigeria to start tomato jos, Mira Mehta

When Mira Mehta made the decision to relocate to Nigeria in 2014, her father questioned...

Tomato Jos secures Series A round funding of €3.9m

Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for...

Covid-19 reporting: Nigerian Analytics Start-up launch free Analytics App to help journalists with data and insight.

Journalists in Nigeria have a reason to smile, as a major weight of in-availability...

Nigerian based electronic health startup closes $10 million funding round from Japanese investors

LAGOS, May 7 - Helium Health, West Africa’s largest electronic medical records provider, on...

BUSINESS NEWS

NERC working on ways to monitor quality of service -Commissioner

By Constance Imasuen Abuja, Sept 22, 2020 The Nigerian Electricity Regulatory Commission(NERC) says it...

FirstBank’s Awosika, Dare, others to speak at NBC Youth Summit

By Okuanwan Offiong Lagos, Sept. 21, 2020 Youth and Sports Minister, Sunday Dare, Chairman of...

COVID-19: CA-COVID launches next phase of Grassroots Awareness Campaign

…harps on the importance of personal safety protocols The Coalition Against Covid19 (CA-COVID), the...

“Embrace concrete roads for durability” Dangote urges FG

Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin...

Schneider Electric develops equipment for DISCOS to fix grid faults, restore power in minutes

By Olanrewaju Akojede Lagos, Sept. 20, 2020 Schneider Electric has developed intelligent equipment that will...

CURRENCIES

FGN Bond Yields Move in Mixed Directions across Maturities Tracked…

In the just concluded week, the values of FGN bonds traded at the over-the-counter (OTC)...

Stop Rates Moderate Further for Most Macturites amid Sustained Flight to Safety…

In line with our expectation, CBN refinanced N158.71 billion T-bills which matured via the primary...

Naira Further Depreciates against the USD at the BDC, Parallel Markets…

In the just concluded week, Naira weakened further against the USD at the Bureau De Change...

FGN Bond Yields Fall Further for All Maturities Tracked on Sustained Bullish Activity…

In the just concluded week, the values of FGN bonds traded at the over-the-counter (OTC)...

Stop Rates Moderate for all Macturites amid Demand Pressure…

In line with our expectation, CBN refinanced N128.10 billion T-bills which matured via the primary...

Enugu State cases surge as NCDC announces 195 new COVID-19 cases, death toll hits 1,100

By Abujah Racheal Abuja, Sept . 22, 2020 The Nigeria Centre for Disease Control (NCDC) has...

Health Minister says 10% of COVID-19 victims are below ages 19

By Abujah Racheal Abuja, Sept 21, 2020 The Minister of Health, Dr Osagie Ehanire says records...

COVID-19: NCDC says Nigeria not testing adequately

By Abujah Racheal Abuja, Sept. 21, 2020 The Nigeria Centre for Disease Control (NCDC) has warned...

NCDC, NIMR, partners to conduct COVID-19 antibody tests in 4 states

By Abujah Racheal Abuja, Sept. 21, The Nigeria Centre for Disease Control (NCDC), the Nigeria Institute...

Lessons of COVID-19 by FCT residents

By Perpetua Onuegbu Abuja, Sept. 21, 2020 A cross section of FCT residents on Monday said...

WORLD

Don highlights what national development requires

By Ibukun Emiola Ibadan, Sept. 14, 2020 A Petroleum and Environmental Geologist, Prof. Olugbenga Ehinola, has said that the gap between the university curricula...

2023: State Of The Igbo Nation – By Ughalaa Collins

What is good for Babangida, Atiku, Marwa and the two northern governors and their South-South counterpart ought to be good for any Igbo aspirant...

Edo, Ondo, The Frozen Daddy And Petrol Tales By Reuben Abati

“So this is how we will just adjust to the new fuel price at the petrol stations, and government will get away with the...

GLOBAL ENTREPRENUERS

By Paul Lienert, Norihiko Shirouzu, Edward Taylor (Reuters) - Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world’s most valuable automaker in the space of 16 years. But his record shows he is more of a fast learner who forged alliances with firms that had technology Tesla...

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