Business

Fitch Raises Concerns Over Nigeria’$10bn Forex Loan

November 06, (THEWILL) - Fitch Ratings has affirmed Nigeria’s long-term foreign currency credit default outlook at B- citing recent policies by President Tinubu as responsible for the stable outlook. It also raised concerns over the proposed $10 billion forex loan...

Equities Market Ends Week In Bullish Trend

November 05, (THEWILL) - The NGX All-Share Index and market capitalization appreciated by 4.56 percent and 4.53 percent to close the week at 70,196.77 and N38.557 trillion respectively A total turnover of 2.451 billion shares worth N40.570 billion in 37,959...

Unity Bank Records N38.2bn Gross Earnings In Q3’23

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November 05, (THEWILL) - Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth...

Halilu Targets Q1 2024 To Put NASENI Products In Nigeria Market

November 05, (THEWILL) - The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu has said his vision or direction for the Agency’s products and technologies is to make them available...

Multidimensional Poverty: Rivers Among Leading South-South States With Most Poor People – Report

November 05, (THEWILL) - Notwithstanding its stupendous wealth, Rivers ranks among the leading poor states of the South-South. A number of quality living indices are also against the 56-year-old oil rich state which sits atop humongous wealth that derives...

NCDMB Boss Commissions Genesis Academy, Lauds Firm For Creating 2500 Jobs

November 05, (THEWILL) - The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port...

Cardoso Hosts Khalifa Sanusi, Impact Investing Community, Restates CBN’s Focus On Price Stability

November 05, (THEWILL) - ABUJA – The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on the core mandate of price stability. He disclosed this...

GTCO Q3’23 Results Mirror Growth That Excites Stakeholders

November 05, (THEWILL) - Guaranty Trust Holding Company (GTCO) Plc posted impressive results for its third quarter (Q3) operations ended September 2023, which reflects a robust growth trajectory that excites the stakeholders. This tremendous turn of events is coming after...

GSK Exit: Shareholders To Receive N17.42 Per Share As Firm Ends Nigerian Business

November 04, (THEWILL) - GlaxoSmithKline Consumer Nigeria Plc will pay its shareholders N17.42 for every share held as per the proposed Scheme of Arrangement for the dissolution of the company. GlaxoSmithKline, the UK-based pharmaceutical giant earlier announced...

NUPRC Assures Proper PIA Implementation, Domestic Crude Supply

November 02, (THEWILL) - The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is committed to effective implementation of the Petroleum Industry Act (PIA 2021) for the sector to contribute more to the national economy. The Commission says it will...