Business

October 08, (THEWILL) - Businesses in Africa, large, small, and micro, continue to bear the brunt of inflation, high energy costs (diesel and electricity), and, more broadly, global economic turbulence, particularly the crisis in Ukraine and Russia which has...

October 07, (THEWILL) - The total value of capital importation into Nigeria in the second quarter of the year fell to $1.03 billion from $1.13 billion in the preceding quarter, the National Bureau of Statistics (NBS) said on...

October 07, (THEWILL) - A major fallout from the recently concluded 6th international conference organised by the Centre for Gas, Refining and Petrochemicals (CGRP) of the University of Port Harcourt, based on the reports, was that the Nigerian Content...

October 06, (THEWILL) - Gains in Access Corporation, WAPCO, and UBA, contributed to lift the stock market by N140.77 billion on Thursday. The three fortune-raisers earned +0.31% (against N16.15 per share), +0.51% (against N29.60 share price) and +0.30%...

October 05, (THEWILL) - The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIBF) has been listed on Nigerian Exchange Limited (NGX). The listing, which took place on Thursday 5 October, was...

October 05, (THEWILL) - The naira plunged deeper into depreciation on Thursday shedding 2.5 percent as it exchanged N775.20 to a dollar, against N756.21 it traded at the I&E window a day before. This is about the lowest dip in...

October 05, (THEWILL) - The World Bank has revised its economic growth outlook for Nigeria in 2023, to 2.9 percent. This is lower than its earlier projection of 3.3 percent for Africa’s largest economy. In the latest edition of...

October 04, (THEWILL) - Turnover on the Investors’ and Exporters’ (I&E) window of the Nigerian exchange market rose to $1.89 billion in September 2023, from $1.87 billion in the previous month (August) according to THEWILL daily tracking of the...

October 04, (THEWILL) - Renewed investor interest in Bua Cement (+9.94% against N9.94 per share), Zenith Bank (+0.16% on N31.50) and GTCO (+2.18% against N2.28 per share) were the primary drivers of the overall market's strong performance outweighing...

October 03, (THEWILL) - The National Bureau of Statistics (NBS) has said that the prices of basic food items in Nigeria have continued to soar after the inflation rate climbed another notch in the month of August. In a new...