Business

Equities Market Closes Negative For The Week

December 10, (THEWILL) - The NGX All-Share Index appreciated by 0.27%, while the Market Capitalization depreciated by 0.23% to close the week at 71,419.87 and N39.082 trillion respectively. A total turnover of 2.543 billion shares worth N38.644 billion in 36,138...

NGX Enlightens Retiring Military Officers On Personal Finance, Investing

December 10, (THEWILL) - In line with its commitment to further deepen financial literacy and increase the participation of retail investors in the capital market, Nigerian Exchange Limited (NGX), in collaboration with Zenith Bank and supported by Africa Prudential,...

Ecobank Secures $200m Loan To Fund Climate Ambitions

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December 10, (THEWILL) - Ecobank Transnational International (ETI) as sealed a deal that will avail $200 million in sustainability-linked loan to the lender, the Lomé-based banking group said Friday. The group of five European Development Institutions are Proparco, Norfund, FMO,...

Nestlé Nigeria Recognised As Best Employer In Food And Beverage At The Employers Excellence Awards

December 10, (THEWILL) - Nestlé Nigeria, a leading player in the food and beverage industry, has been recognized for exceptional performance across various business metrics including people practices, sustainability, diversity and inclusion. At the prestigious Employers Excellence Awards, organized by...

UBA Business Series: E-commerce Owners Advise SMEs On Effective Business Management

December 10, (THEWILL) - Seasoned business owners have advised Small and Medium Scale Enterprises (SMEs) owners and operators on winning tips that will help them run successful online businesses especially in the face of growing competition and challenging business...

Agric Imports Hit N643.68bn In Q3’23, As Exports Decline

December 10, (THEWILL) - Agricultural goods imported into the country in the third quarter of the year (Q3 2023) far exceeded agric exports with 192.5 percent, according to data by the National Bureau of Statistics (NBS). The NBS in its...

Nigeria’s Total Debt Hits N87.37trn in Q3 2023 — DMO

December 10, (THEWILL) - Nigeria’s debt stock stood at N87.37 trillion as at September 30, 2023, the Debt Management Office (DMO) said on Friday. Director General of DMO, Ms. Patience Oniha, disclosed this on Friday, during an interactive session...

2024 Budget: Economy Bleeds As FG Elevates Waste, Impunity To National Priority

December 09, (THEWILL) - Details of Nigeria’s 2024 budget proposal, now before the National Assembly, reveal numerous items of high expenditure that will further drain the economy and make effective governance a mirage. As it stands, most of the items...

Shocker! Naira Depreciates To N1,009 On Official Window

December 09, (THEWILL) - Naira has plunged to N1,009.05 per dollar on the Nigerian Foreign Exchange Market (NAFEM), the lowest dip ever. Data from the FMDQ website showed that the troubled local currency succumbed to pressure to cross the...

NCDMB Completes 83% of Nigerian Content Roadmap…Wabote Cautions Against Relapse In Local Content Drive

December 06, (THEWILL) - The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announcing...