Business

September 03, (THEWILL) - Nigeria’s volatile currency market turnover climbed to $1.88 billion in August from $1.71 billion in the previous month, reflecting a 1.8 percent increase in 23 trading days. However, the market turnover for August 18, was not...

September 03, (THEWILL) - The local bourse opened the month’s trading with market capitalisation surging to N36,95 trillion (against N36,42 trillion on August 31) – the highest since March 5, 2008. The NGX All-Share index climbed to 67,527.19 points...

September 03, (THEWILL) - Nigeria’s biggest lender by market value, Guaranty Trust Holding Company (GTCO) reported profit before tax of N327.4 billion in 2023 half year, representing an increase of 217.1% over N103.2 billion recorded in the corresponding period...

September 03, (THEWILL) - Despite concerns around the soaring inflation, interest rate hikes and weak macroeconomic indices, investors’ confidence in Nigeria’s stock market remained strong, leading to Nigerian Exchange Limited (NGX) emerging one of the best performing exchanges in...

September 03, (THEWILL) - Nigeria’s agricultural sector has been on a steady decline in the past seven years, according to data by the National Bureau of Statistics (NBS). After the second quarter (Q2) of 2016 when it achieved a...

September 02, (THEWILL) - Fintech giant, Moniepoint, has taken great strides towards supporting the Central Bank of Nigeria's ambitious goal of achieving 95 per cent financial inclusion by 2024, by unveiling its personal banking initiative. This strategic move aims...

September 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Other Financial institutions (OFIs), to conduct searches on their database for a Nigerian and four others, arrested over alleged involvement in currency...

August 31, (THEWILL) – The National Pension Commission (PenCom) has called on employers to file complete remittance documentation of their employees before December 31, 2023.or face sanctions. PenCom disclosed this in a document on Wednesday sent to concerned employers...

August 31, (THEWILL) - Nigeria’s equities market lost N27.9 billion on Wednesday, after hitting a 15-year high on the previous day’s trading. Market capitalisation dropped to N36.36 trillion from N36.39 trillion on Tuesday. The NGX All-Share Index fell to...

August 31, (THEWILL) - Nigerian Exchange Group Plc (NGX Group) is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an...