February 06, (THEWILL) - The World Bank says inflation in food prices remains high globally.
The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high inflation in low, middle...
February 05, (THEWILL) - The Governor, Central Bank of Nigeria, CBN, Dr Olayemi Cardoso, has, again, stated that the naira is undervalued.
Dr Cardoso reiterated this position in an interview with Arise News Television Monday, stating that foreign investors...
February 04, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies.
The goal is to ensure speedy development...
February (THEWILL) - The strong regulation by the Nigerian Communications Commission (NCC) over the telecommunications (telecoms) industry has created the environment for expanded revenue opportunities by government, banks and operators, THEWILL can confirm.
The various windows of taxes, levies and...
February 03, (THEWILL) - The Naira lost a whopping N548.48 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) in January, 2024.
This represents a 60.46 percent depreciation during the month.
The local currency opened the month with N907.11 per dollar...
January 31, (THEWILL) - Transnational Corporation of Nigeria (Transcorp), reported a two-fold jump in bottom line to N34.1 billion for the 2023 financial, according to its earnings report issued Wednesday.
Energy, which contributed 78 per cent of gross revenue, is...
January 31, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.
The Group Chief Executive Officer of...
January 31, (THEWILL) - The Central Bank of Nigeria (CBN) has issued a new directive to banks in the management of their foreign currency exposures which the apex bank said had created operational challenges in the system.
In a letter...
January 30, (THEWILL) - A group known as the Enugu State Graduate Farmers, has expressed dismay over the destruction of its 35,000 hectares of rice farm by herders in the state.
The farmland is at Ojoloko farm site at Umuiba,...
January 30, (THEWILL) - The Executive Chairman of the Federal Inland
Revenue Service (FIRS), Zacch Adedeji, on Tuesday, called for the strengthening of the existing symbiotic relationship between the FIRS and the Armed Forces in the country.
Mr Adedeji...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.