27 C
Lagos, South Africa and New York
Monday, May 25, 2020

What Buhari’s Executive Order Granting Financial Autonomy To State Legislature, Judiciary means

President Muhammadu Buhari has signed an Executive Order that will henceforth make the legislature and...

Covid-19: Stranded Indian expatriates in Nigeria begs Mordi’s govt for landing permit to return home

The group of 200 Keralites, who wish to return home urgently, comprise of pregnant women,...

Nigeria doctors to strike over treatment by police during lockdown

LAGOS, May 20 - Doctors in Nigeria’s commercial capital Lagos will go on strike from...

FAAN begins fumigation of Lagos, Abuja, Port-Harcourt Airports

Mrs Henrietta Yakubu, General Manager, Corporate Affairs of FAAN, made this known on Tuesday in...

After 11 Months of Buhari’s Assent, Minister Finally Inaugurates Police Trust Fund Board

Exactly 11 months after President Muhammadu Buhari assented to the Police Trust Fund (PTF) Bill...

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,...

FirstBank provides free e-learning subscriptions, targets one million students

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced that thousands of students have been signing up to access the...

Quick Take: Guarantee Bank following Branches Will Be Open May 25 – 29

Dear Customer, As we prepare to go into the fourth week since the gradual easing of the lockdown, here is a list of our branches...

Dangote Reports Surge in Nigeria Cement Sales as Q1 Earnings Jump to 249.2 billion...

Dangote Cement Plc, Africa’s biggest producer of the building material, said first quarter revenue was boosted by a surge in sales from Nigeria, its...

COVID-19: Fidelity Bank Donates N10m To Plateau State Government

Fidelity Bank Plc on Wednesday donated N10 million to the Plateau State Government COVID-19 Trust Fund. The Regional Head, North Central, of the bank, Mr...

The Big Read

HIV/Aids, Lassa fever, and tuberculosis are just some of the communicable diseases that African health experts are used to dealing with, and many realized the danger of the coronavirus as soon as they saw the case counts rising in China and Europe. Yet, of all the diseases the continent has grappled with, the worst-ever Ebola epidemic that killed more than...

COMMODITY

Soybeans Market 2020 Industry Analysis, Size, Share, Growth, Trend and Forecast to 2026

A new research report titled, Global Non- GMO Soybeans Market 2020 by Manufacturers, Regions, Type...

Nigeria’s cocoa mid-crop output seen weak as coronavirus disrupts farmers exports creating backlog of unshipped beans

Chijioke Ohuocha ABUJA, May 15 - Nigeria’s cocoa mid-crop output is expected to be weak...

London May cocoa expiry sees 20,330 tonnes from Nigeria, others tendered

LONDON, May 14 - A total of 20,330 tonnes of cocoa was tendered against...

Nigeria invests $500m to boost palm oil plantations to 5 million tons

Nigeria plans to invest 180 billion naira ($500 million) to increase its palm oil production...

30,000 tons of Nigeria cocoa exports stalled over Covid-19 safety protocols

Health protocols introduced by Nigerian authorities to curb the spread of the Covid-19 disease have...

RESEARCH & ANALYSIS

Consumer Digital Commerce Spend to Fall by 14% in 2020, as Industry is Rocked by Coronavirus Impact

A new study from Juniper Research found that global spending on digital commerce will fall...

Great Lockdown Necessitates Further Downgrade to GDP

In our first assessment of the impact of Covid-19 on economic growth we had assumed...

Unilever Nigeria Q4 2019 Results Review: Losing Grip on the Market

Material cuts to forecast earnings Unilever Nigeria's (Unilever) FY 2019 pretax loss of -N9.8 was far...

CBN Alerts the Public on COVID-19 Cyber-attacks, Fraud

The Central Bank of Nigeria (CBN) wishes to alert the general public that cyber-criminals are...

Of Swans and Free Markets Capitalism – Lessons for Nigeria

By Dr. Temitope Oshikoya Recent global events appear to expose the limits of the market intelligence...

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...

CRYPTOCURRENCY

Cryptocurrency and Taxes: What You Need to Know

Kathy Yakal February 26, 2020 7 min read This story originally appeared on PC Mag Cryptocurrency is digital...

Goldman Sachs woo Investors on Bitcoin, Gold and Inflation

Goldman Sachs’ latest client conference call will include a subject that Wall Street has either...

Bitcoin rallies as Cryptocurrency exchange explores African expansion

By Loni Prinsloo Luno seeking to enter Kenya and Ghana as key new markets Bitcoin, Ethereum exchange...

Telegram quits Cryptocurrency

Telegram is officially calling it quits on its crypto-focused subsidiary, Telegram Open Network (TON). “Telegram’s active...

There would be 21 Bitcoin Users in the world when next halving takes place in 2024

On Monday, May 11, 2020, a Bitcoin event is set to take place that could...

Diabetes, Hypertension linked to major coronavirus fatality in Nigeria as cases hits 7,000

The majority of COVID-19 deaths recorded in Nigeria were as a result of complications arising...

UK’s Blair: Patchy data means Africa could use antibody tests to track COVID-19

Katharine Houreld NAIROBI (Reuters) - African nations should use antibody tests to find out whether the...

Nigeria coronavirus jumps to 6,677 cases as northern governors worry over regions infection rates

The Northern Governors Forum, NGF, has expressed concern over the infection rates of COVID-19 across...

WHO reports most coronavirus cases in a day, worried about poor countries

GENEVA (Reuters) - There were 106,000 new cases of new coronavirus infection recorded worldwide in...

Global coronavirus cases surpass 5 million, infections rising in S. America

(Reuters) - Global coronavirus cases surpassed 5 million on Wednesday, with Latin America overtaking the...

CURRENCIES

FGN Bond Stop Rates Rise for Most Maturities on Increased Allotments…

In the just concluded week, DMO sold FGN bonds worth N296.20 billion at the primary market auction,...

NIBOR Moderates for Most Tenor Buckets on Sustained Liquidity Boost…

In the just concluded week, activities in the money market was silent as there were...

Naira Gains Against USD at the I&E FXW on Rising Crude Oil Prices…

In line with our expectations, Naira appreciated further against the USD at the Investors and...

WEEKAHEAD-AFRICA-FX: Nigeria’s black market Naira may hit 500 Naira to US dollar

May 21 - Nigeria's currency is expected to come under pressure on the...

Dollar struggles as rising oil prices lift commodity currencies

A jump in oil prices lifted commodity currencies such as the Norwegian crown and the...

WORLD

Al Jazeera English | Live

Scaling Up African Pharmaceutical Manufacturing in a Time of COVID-19

Emily Kaine, MD, is the senior vice president for global health at the U.S. Pharmacopeia. Jude Nwokike is a vice president for global public...

Shareholder Sacrifice | Rebuilding, Recovery and Resilience | $9 Trillion in Fiscal Support |...

In a new op-ed published yesterday in the Financial Times, IMF Managing Director Kristalina Georgieva called for halting all bank dividends and buybacks, writing...

Investing in Nature Pays off for People and Biodiversity

If you take care of the land, it will take care of you, says Tsefaye Kidane, a 40-year-old coffee farmer from the Kafa Biosphere...

GLOBAL ENTREPRENUERS

Africa’s biggest humanitarian, Aliko Dangote has assured Nigerians and Africans that the battle against the coronavirus global pandemic will be won through concerted commitment all stakeholders on fight against the scourge that has also hit Nigeria and the continent on several fronts. In a goodwill message released on the occasion of his 63rd birthday on Friday, April 10, the foremost...

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