Business

February 06, (THEWILL) - The World Bank says inflation in food prices remains high globally. The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high inflation in low, middle...

February 06, (THEWILL) - The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida has reiterated the commission’s commitment to all critical stakeholders in the telecom value chain, stressing his loyalty to the Nigerian consumers. He disclosed...

February 06, (THEWILL) - The Central Bank of Nigeria (CBN), on Tuesday, attributed the current hike in the exchange rate between the dollar and the naira, to increasing demand for dollars by Nigerian students studying abroad and those who...

February 05, (THEWILL) - The Debt Management Office (DMO) has announced the launch of new 2-year and 3-year Savings Bonds, offering attractive interest rates to investors seeking secure investment opportunities. In a statement on Monday, the DMO said the bonds...

February 05, (THEWILL) - Central Bank Governor, Olayemi Cardoso, says the relocation of some departments of the apex bank, to Lagos, will help to decongest the headquarters of the apex bank in Abuja. The decision of the CBN to relocate...

February 05, (THEWILL) - The Governor, Central Bank of Nigeria, CBN, Dr Olayemi Cardoso, has, again, stated that the naira is undervalued. Dr Cardoso reiterated this position in an interview with Arise News Television Monday, stating that foreign investors...

February 05, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, says the apex bank has discovered $2.4 billion invalid forex outstanding claims pressuring the naira and causing anxiety in the currency market. Cardoso disclosed this in...

February 04, (THEWILL) - The NGX All-Share Index and Market Capitalisation appreciated by 1.97% and 2.00% to close the week at 104,421.23 and N57.158 trillion respectively. A total turnover of 3.893 billion shares worth N95.147 billion in 69,117 deals was...

February 04, (THEWILL) - The Minister of Solid Minerals Development, Dele Alake, has described the United States (US) as Nigeria’s longstanding ally and strategic partner for the nation’s mining sector development. Speaking while receiving Charge d’Affairs, US Embassy, David Greene,...

February 04, (THEWILL) - From a level of 21.34 per cent as of end-December 2022, Nigeria’s headline inflation maintained a consistent upwards trajectory, closing the year 2023 at 28.92 per cent—a rate widely considered to be the highest in...