Business

February 18, (THEWILL) - The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close last week at 104,421.23 and N57.158 trillion respectively. A total turnover of 3.893 billion shares worth N95.147 billion in 69,117 deals was...

February 18, (THEWILL) - The Supreme Court, on Friday, nullified the takeover of Best Western Hotel, Ikeja Lagos, by the Asset Management Corporation of Nigeria, AMCO In a unanimous decision, a five-member panel of the apex court, faulted AMCON’s action,...

February 18, (THEWILL) - Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid condolence visits to the families of late Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe. Led by...

February 18, (THEWILL) - Rivers State, South-south Nigeria, recorded $6 million investment inflow in the fourth quarter (Q4) of 2023, according to the National Bureau of Statistics (NBS). The inflow, which occurred under Governor Siminalayi Fubara, was the highest...

February 17, (THEWILL) - With many micro, small and medium enterprises (MSMEs) battling for survival under the worsening economic crisis, there are renewed expectations that the Development Bank of Nigeria (DBN) and the Bank of Industry (BOI) would step...

February 16, (THEWILL) - The Central Bank of Nigeria (CBN), has announced an upward review of the Price Verification System (PVS), from 2.5 percent to 15 percent. The apex bank in a circular signed by its Director of the...

February 15, (THEWILL) - The Central Bank of Nigeria (CBN) has issued a directive to the international oil companies (IOCs), through the banks, restricting the repatriation of their export proceeds to 50 percent in the first instance. In a...

February 15, (THEWILL) - The Minister of Trade and Investment, Dr Doris Azuka-Anite, has debunked media reports that Nigeria and the United Kingdom (UK) have signed a Memorandum of Understanding (MoU) which will enable UK licensed lawyers...

February 14, (THEWILL) - As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation...

February 14, (THEWILL) - New data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) has revealed that the number of active bank accounts in Nigeria increased to 151 million in December 2022, Despite a 13 percent growth in...