Lolade Akinmurele, Author at Businessday NG https://businessday.ng/author/loladex/ Tue, 25 Apr 2023 10:30:15 +0000 en-US hourly 1 188198514 Nigeria’s declining fertility rate contradicts population estimate https://businessday.ng/business-economy/article/nigerias-declining-fertility-rate-contradicts-population-estimate/ https://businessday.ng/business-economy/article/nigerias-declining-fertility-rate-contradicts-population-estimate/#respond Tue, 25 Apr 2023 08:50:41 +0000 https://businessday.ng/?p=724373

Nigeria’s fertility rate has declined every year since 1979 yet the country has assumed a fixed growth rate for its now over 200 million population based on a controversial headcount done nearly two decades ago. From an average of 6.763 births per woman in 1978, fertility rate in Nigeria has fallen to 5.076 in 2023, […]

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Calvin University honors Africa’s first black female physics professor https://businessday.ng/news/article/calvin-university-honors-africas-first-black-female-physics-professor/ https://businessday.ng/news/article/calvin-university-honors-africas-first-black-female-physics-professor/#respond Mon, 17 Apr 2023 17:43:35 +0000 https://businessday.ng/?p=722931 Deborah Ajakaiye

U.S-based Calvin University has dedicated a corridor on its campus to honor the legacy and impact of Professor Deborah Ajakaiye who, in 1980, became the first black female physics professor in Africa. A dedication service with guests from around the world took place in the University Chapel on Thursday, April 13, 2023. Opening doors Ajakaiye […]

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UBA stock hits 1-month high ahead of Abuja Disco $122m sale https://businessday.ng/companies/article/uba-stock-hits-1-month-high-ahead-of-abuja-disco-122m-sale/ https://businessday.ng/companies/article/uba-stock-hits-1-month-high-ahead-of-abuja-disco-122m-sale/#respond Fri, 07 Apr 2023 02:00:11 +0000 https://businessday.ng/?p=720619 UBA

The share price of United Bank for Africa Plc (UBA) jumped to a one-month high Thursday after the Nigerian lender said it was finalising the sale of the troubled power distribution company it foreclosed two years ago over failure to repay loans. UBA’s share price closed at N8.50, the highest level since March 7, according […]

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NUTM: “Africa’s MIT” taps partners to deliver world-class education https://businessday.ng/paywall-free/article/nutm-africas-mit-taps-partners-to-deliver-world-class-education/ https://businessday.ng/paywall-free/article/nutm-africas-mit-taps-partners-to-deliver-world-class-education/#respond Wed, 05 Apr 2023 17:59:34 +0000 https://businessday.ng/?p=720388 Babs Omotowa

The Nigerian University of Technology and Management (NUTM), a STEM-focused university founded in 2020, aims to become the African equivalent of the prestigious US-based Massachusetts Institute of Technology (MIT). In this interview, NUTM’s founding president, Babs Omotowa, speaks with Lolade Akinmurele, deputy editor, BusinessDay, about the school’s bold ambition and the journey so far. Excerpts: NUTM […]

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Analysts warn of earnings slide as firms battle naira crunch https://businessday.ng/business-economy/article/analysts-warn-of-earnings-slide-as-firms-battle-naira-crunch/ https://businessday.ng/business-economy/article/analysts-warn-of-earnings-slide-as-firms-battle-naira-crunch/#respond Thu, 09 Mar 2023 03:20:55 +0000 https://businessday.ng/?p=713628 Naira

A naira crunch sparked by the redesign of high-value currency notes in Nigeria is doing more harm than good to businesses in Africa’s largest economy, with analysts now warning of a potential decline in earnings in the first quarter of 2023. The worst reading of private sector activity since the COVID-19 pandemic, according to Stanbic […]

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