Business

Access Corporation Consolidates Grip On Industry Leadership, Grows Assets To N20.8trn

October 01, (THEWILL) - Six months into its 5-year Strategic Plan (2023-2027), Access Corporation has further raised the bar – consolidating on its prime status as Nigeria’s largest quoted company, by assets, its half-year (HY 2023) results have shown. Generally,...

NLC Refutes Reports of ‘Agreement’ With FG on Planned Strike

September 28, (THEWILL) – The Nigeria Labour Congress (NLC) says it has no agreement with the federal government to call off the planned indefinite strike for 3 October. The News Agency of Nigeria (NAN) reports that Head of Information and...

Huge Decline in Banking Stocks Shrinks Equities Market As Naira Plunges to N775.35/$

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September 28, (THEWILL) – Continued decline in major banking stocks --- GTCO (-0.72% from N34.75), Access Corporation (-0.32% against N15.55) and FBNH (-0.31% against N14.10) were the drivers of the market's weak performance. As a result, the ASI's year-to-date (YTD)...

Fuel Scarcity Looms As NUPENG Mobilises For Labour Unions’ Strike

September 28, (THEWILL) – The Nigerian Union of Petroleum and Natural Gas (NUPENG) on Thursday directed its members to commence full mobilisation to ensure compliance with the directive of the Nigerian labour unions to embark on an indefinite strike. Members...

Naira Hits N1,000/$ at Parallel Market On Cardoso’s Confirmation as CBN Governor

September 26, (THEWILL) – Nigeria naira set a new record on Tuesday, falling to N1,000 against the dollar at the parallel market, on confirmation of Dr Olayemi Cordorso as the new Central Bank of Nigeria (CBN) Governor by the...

Nigeria’s Annual Upstream CAPEX Drops to $6bn – NUPRC

September 26, (THEWILL) – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from $27billion in 2014 to less than $6billion in 2022. The News Agency of Nigeria (NAN) reports that the...

Institute Develops New Irish Potato Variety to Curb Blight

September 26, (THEWILL) – The National Root Crops Research Institute (NRCRI), Kuru, near Jos, has developed a new variety of potato to tackle outbreak of blight. The News Agency of Nigeria (NAN) reports that Dr Khaya Shuaibu, a researcher...

AfDB Partners BPP To Strengthen Reform In Energy Sector

September 26, (THEWILL) – The African Development Bank (AfDB) and the Bureau of Public Procurement (BPP) have entered a partnership to strengthen the ongoing "Reform in Energy Sector" to improve productivity and add value to the economy. A statement...

First Bank Sponsors Africa International Trade Exhibition In New York, Promotes Foreign Direct Investment

September 25, (THEWILL) – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, sponsored the Africa International Trade Exhibition (A.I.T.E 2023) held on 21 and 22 September 2023 at the Hilton Hotel Midtown, New...

Access Holdings Records 58% Jump in Gross Earnings to N940bn in Six Months

September 25, (THEWILL) - Access Holdings Plc has announced the release of its audited financial statements for the first half of 2023 The group’s gross earnings hit N940.311 billion during the period. This represents a 58% increase when compared...