Business

July 18, (THEWILL) - The Central Bank of Nigeria (CBN) has expressed concern over the continued distortions in the retail end of the foreign exchange market, which is feeding into the parallel market that has further widened the...

July 18, (THEWILL) - The management of Ibom Air, the Akwa Ibom State Government-owned airline, has debunked reports that the airline has been blacklisted by aircraft lessors over breach of contract, saying it is untrue. The airline stated...

July 18, (THEWILL) - The Central Bank of Nigeria says it will sell dollars to Bureau De Change operators (BDCs) at N1,450/$1 to strengthen the local currency in the parallel market sector. According to the bank, BDCs will receive $20,000...

July 18, (THEWILL) - FXTM, a global online trading company, is hosting an exclusive training for traders, where participants can discover the strategies used by the world's top traders, to gain mastery of the market. FXTM Academy is dedicated to...

July 17, (THEWILL) - President Bola Tinubu has asked the Senate to approve an additional N6.2 trillion to the existing 2024 budget. The request was conveyed in a letter read at plenary session on Wednesday, by Senate President Godswill...

July 16, (THEWILL) - Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players,...

July 15, (THEWILL) - Nigeria’s inflation has jumped in June 2024 to 34.19 percent, from 33 95 percent recorded in May, the National Bureau of Statistics (NBS) disclosed in its latest Consumer Price Index (CPI) and Inflation report released...

July 15, (THEWILL) - NNPCL: We made a commercial decision to cap our investment at the amount already paid. The Nigerian National Petroleum Corporation Limited’s, NNPCL, stake in Dangote Refinery has dropped to 7.2 per cent from the initial 20...

July 15, (THEWILL) - Zenith Bank Plc, Nigeria’s largest lender by market capitalisation, reaffirmed its industry leadership when the Group Managing Director/Chief Executive Officer, Dame Dr. Adaora Umeoji led the management team to the special forum of stakeholders and...

July 14, (THEWILL) – Nigeria’s pension asset continues to increase notwithstanding the high rate of contributors’ withdrawal, In May 2024, the Nigerian pension industry maintained its uptrend, reaching an all-time high of N20.23 trillion. This marks an impressive N4.12...