Sam Diala, THEWILL

June 16, (THEWILL) - A United Nations agency, the World Food Programme, (WFP) has said that over 25 million Nigerians will face acute hunger in 2023 due to food insecurity, peaking during the ‘lean season’. The projection was made known...

June 15, (THEWILL) - Nigeria’s equities market ended in red Thursday as the bullish trend that dominated trading in the previous two days gave way to the bears, with the bourse losing N430 billion. Market capitalization closed at N32.2 trillion...

June 15, (THEWILL) - Nigeria’s inflation rate climbed to 22.41% in May 2023, marking a new 17-year high, on accelerated price of food amid lingering insecurity across the country. The National Bureau of Statistics (NBS) monthly inflation rate published Thursday...

June 14, (THEWILL) - The Rural Electrification Agency (REA) says it has signed an agreement with Oando Clean Energy Limited (OCEL) to boost renewable energy access across Nigeria. REA, in a statement on Wednesday, said the signing is a result...

June 14, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the unification of all segments of the Nigerian forex market. The apex bank, in a statement Wednesday, announced the collapse of all windows into the Investors & Exporters...

June 14, (THEWILL) - Nigerian billionaire businessman, Tony Elumelu and his family, have raised their stake in Transnational Corporation Plc (Transcorp) to more than one-third, according to a report seen by this newspaper. This has taken their combined interest in...

June 14, (THEWILL) - The Nigerian Naira lost 40 percent of its value Wednesday, the first day it was floated at the I&E Window of the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX), signaling a slope towards official...

June 14, (THEWILL) - The Central Bank of Nigeria (CBN) is set to effect exchange rate convergence, a move that will end the multiple exchange windows that have been widely criticised over the years. Banking sources told THEWILL Wednesday...

June 14, (THEWILL) - OPEC on Tuesday kept its oil demand growth forecast for 2023 mostly unchanged from last month but warned of increased economic uncertainties ahead due to high interest rates and persistent inflation. OPEC sees global oil demand...

June 14, (THEWILL) - Nigerian stocks soared to their pinnacle since 9 June 2008 on Tuesday as the benchmark index enlarged by 4 per cent. The new development strengthened optimism that the much-needed liquidity in the market may soon return...