Business

The latest report from Stanbic IBTC on Nigeria's Purchasing Managers' Index (PMI) reveals a PMI reading of 51.7 for July, marking a slight dip of 1.5 index points from June's figure of 53.2. While this reading still indicates continued...

Following recent developments that have temporarily halted Ukraine’s grains to other countries through the Black Sea, the United States Agency for International Development has warned Nigeria and other African countries to brace up for higher food prices. Russia had earlier...

August 06, (THEWILL) - The Managing Director of Afri-Air International Limited, Capt Shehu Iyal, has disagreed with the impression given by some analysts that VIP (Very Important Persons) movement is one of the causal factors of delays in flight...

In line with analysts' expectations, the impact of the prevailing macroeconomic challenges on corporate and retail businesses remains to be seen. Pharmaceutical manufacturing and marketing companies are the latest to decry the impact of higher operating costs, finance losses...

The NGX All-Share Index and Market Capitalization appreciated by 0.22% to close the week at 65,198.08 and N35.480 trillion respectively A total turnover of 2.575 billion shares worth N29.615 billion in 37,713 deals was traded last week by investors on...

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC)...

Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has...

The National Pension Commission (PenCom) has stepped up its regulatory oversight measures to ensure adequate service delivery as the economy struggles. The market-propelled policies of the new government has triggered severe economic challenges that have seen businesses shut down or...

President Bola Tinubu on August 2, 2023 gave his commitment to the leaders of Organised Labour that the Port Harcourt Refinery will start production by December. He said this would be after the completion of an ongoing rehabilitation contract...

Ten major manufacturing firms in Nigeria, mainly in the consumer goods group, reported a total of N517.1 billion in non-recovery, net foreign exchange losses in the first half of the year (HY 2023), arising from the devaluation of the...