Business

September 10, (THEWILL) - In the second quarter of 2023, Nigeria’s total trade stood at N12.74 trillion, total exports stood at N7.01 trillion and total imports amounted to N5.72 trillion, the National Bureau of Statistics (NBS) has said. Total...

September 10, (THEWILL) - The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC)...

September 10, (THEWILL) - One of Africa’s foremost scientists, Professor Bart Nnaji, has advised Nigerians to embrace artificial intelligence (AI) on an industrial scale in order to join the 4th Industrial Revolution now sweeping across the globe. Professor Nnaji,...

September 10, (THEWILL) - The Chairman, Heirs Holdings Group, Tony Elumelu, has urged members of the Indian private sector to seize the opportunity of improved economic reforms to invest in Nigeria. Elumelu said this during the Nigeria-India Presidential Roundtable and...

September 10, (THEWILL) - The Ibadan Electricity Distribution Company (IBEDC) has 1.33 million estimated-billing customers – the highest among the 11 Distribution Companies (DisCos) in Nigeria, according to data by the National Bureau of Statistics (NBS). The statistics bureau in...

September 10, (THEWILL) - Guaranty Trust Holding Company Plc (GTCO) stunned industry watchers with a superlative performance in the 2023 half year. It exceeded analysts’ forecasts in all parameters that account for growth and excellence. Although this is attributed largely...

September 7, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it is opposed to the sale of the shares of Nigerian Agip Oil Company Limited (NAOC) to Oando Plc. The clarification follows media...

September 6, (THEWILL) – The recent agreement by Oando Plc with Eni to acquire 100 percent stake in its (Eni’s) subsidiary – Nigerian Agip Oil Company (NAOC) Limited – may have suffered a setback as the Nigerian National Petroleum...

September 05, (THEWILL) - PZ Cussons Nigeria Plc (PZCN) has announced that its core shareholder, PZ Cussons (Holdings) Limited, intends to acquire the shares held by all other shareholders of the company at an offer price of ₦21...

September 05, (THEWILL) - The Acting Governor, Central Bank of Nigeria (CBN) has said that the bank is making plans to clear the foreign exchange (FX) backlogs in the next one or two weeks. Shonubi, who disclosed this at...