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Rolex, Chorpard and Paiget, top the list of luxury watches collected by rich Nigerians as alternative means of investment. The global trend, which is gradually catching on in Nigeria, is seeing the rich buy vintage wrist watches not just as fashion statements, but as alternative investment items.

Headline News

The art of Ben Enwonwu (1917 – 1994) took centre stage at Bonhams’ sale of Modern and Contemporary African Art at Bonhams New Bond Street, May 22, with a new world record for the artist...
Many businesses in Lagos State, especially in the SME sector, now operate without signage identifying them or indicating what they do, for fear of exhorbitant signage charges by the Lagos State...
 Ghana's cabinet has approved a Eurobond issue of up to $1 billion which is tentatively scheduled for July, Finance Minister Seth Terkper said on Thursday.    "...
The Southern African country of Angola – one of the astest growing economies on the continent – as announced plans to launch a bourse in the next three years. According to Angola...

Analysis

Nigeria’s new direction is geo-political knitting starting first with cooperation, then integration. It is to replace, or at least minimise, tribal leanings with gross limitations and vulnerability to Machiavellian manipulations. This also is development. The catalyst to that is Boko Haram which has given signals that the North wants to...

Multimedia

  iStore Ikeja, Apple's flagship retail store in Nigeria has announced the immediate commencement of its weekend super bonanza to reward and bond with loyal customers in Nigeria especially in...
Emerging market-focused telecommunications company Millicom International Cellular S.A, invested an additional $45 million into Rocket Internet’s Africa online ventures, Jumia, Hellofood, Kaymu & Vamido. According to a CP-Africa report...

Columnist

Kaye Whiteman
Dan Steinbock
Ik Muo

More Stories

The challenge of counterfeit drugs in Nigeria and Africa as a whole has been a burden to many as lives have been lost as a result of this. To arrest this growing menace, Guilin Pharmaceuticals, makers of the WHO pre-qualified anti-malarial drug...
Dear Nkiru, I read your piece yesterday - I do read your column now and again, but haven’t had the patience nor time to respond. I thought, I’d take time out today, especially as you have touched a matter that I am well involved in....
As out-of-pocket expenses for healthcare constituting over 90 percent of private spending and less than 5 percent (about 5.5 million) Nigerians covered by health insurance in public and private sector, this development has left majority of Nigeria...
Just like you retire to your office seats and think about how to carry out the business of the day while you put down some bullet points on your paper, you have the opportunity of also doing so in the comfort of your cabin on air, especially, the...
In recent times, both business and leisure visitors have had more reasons to visit Protea Hotel Westwood Ikoyi – probably because of the irresistible value-for-money offerings, rebranded luxury rooms, the spectacular river view, easy access,...
In Tanzania, the sub-Saharan Africa marketing team of Jaguar Land Rover group headed by Willem Schoeman that invited a select group of African motoring journalists, including BusinessDay Nigeria, for the ride and drive event of the new Land Rover...
The receding evening sun is partially hidden by a dark cloudy sky, but not completely as its dark golden glow splashes over the beach fronts, giving it a yellowish hue. The breeze whistles gently sweeping across the coconut trees. The coconut fronts...
The Windows Phone 8 phones that we’ve looked at so far - the Nokia Lumia 920, Lumia 820 and the HTC 8X - were all high-end phones with high-end prices. More affordable Windows Phone 8 smartphones are starting to appear, and today, we are...
As more and more women chose the career path today, either to prove themselves or due to the economic realities of the time, ANNE AGBAJE writes that a generation of women still may be obsessed with motherhood. Growing up, Bimpe Adelegan got a lot...
As write this, I recall Nelson Mandela’s preface to the book Mandela’s Way – Lessons on Life by Richard Stengel. It is a profoundly inspiring book which captures the spirit of this extraordinary man – warrior, martyr, husband...
FUNKE OSAE-BROWN and OBINNA EMELIKE write that the search for life’s true meaning has nothing to do with age as some 49-year-olds are still optimistic that life, after all, begins at about 50 Bola Adeosun is a final year Sociology student who...
I am sure that every indulgee with an arty blood flowing in their arteries has jumped on the title of this Square Table conversation today, thinking: “With a title like this, the Chief Indulgee is about to speak to something we are familiar...
Lagos author, Chukwunyere Chukwu has come out with seven new books. These books, Owanbee: One good Turn Deserves Another, Dan Iska! The Place of Exploit, Escape, among others, were officially presented to the public at a private gathering held...
The play ‘Kakadu’ that creates the recently independent people to unite and live as one country, called Nigeria, as they come out of the shell of colonialism. The play, which is a simple musical and dance story about the post-colonial...
There’s a lot to be said for paying off your debt and living debt free. But should you really work hard to pay off all of your debt right now? High interest consumer debt vs. other debt Too often, we lump all debt together and call it...

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