Business

July 13, (THEWILL) - The Naira witnessed an upward momentum on Thursday, gaining 4.7% against the dollar on the I&E window to close at N746.28/$ against N782.49/$ on the previous trading day. Check by THEWILL showed that the parallel market...

July 12, (THEWILL) - Wole Olanipekun & Co, the legal representatives of Dr. Oba Otudeko, Chairman of Honeywell Group Limited, have issued a response to the letter from Ecobank Nigeria Limited regarding the recognition of shares transferred to...

July 13, (THEWILL) - The Central Bank of Nigeria (CBN) has approved Naira payouts for diaspora remittance with immediate effect, thus ending a ban that had been in place since 2020. In a circular dated July 10, 2023, and...

July 12, (THEWILL) - The Naira dropped slightly Wednesday on the I&E window to N782.49/$ as against N788.42/$ on Tuesday – a depreciation of 0.8%. Total turnover also dropped to $68.10 million against $99.69 million on the...

July 12, (THEWILL) - BW Offshore, the Norwegian service provider, has repored that it has closed the transaction for the sale of the floating production storage and offloading (FPSO) vessel Sendje Berge to a local FPSO owner and...

July 12, (THEWILL) - BW Offshore Limited, a global owner and operator of floating production storage and offloading vessels, has completed the sale of the FPSO Sendje Berge to a local FPSO owner and operator in...

July 11, (THEWILL) - Nigeria equities market sustained its bullish sentiments as buying interests in DANGCEM (+9.3% from N360.70 share price), and BUACEMENT (+6.6% with N97 per share) which drove a 1.7% increase in the benchmark index – the...

July 11, (THEWILL) - The Lagos State Task Force says it has cleared traders from Oshodi rail tracks, under Apongbon Bridge and other areas, vowing to sustain the tempo. Spokesman of the Task Force, Mr. Gbadeyan Abdulraheem, said Chairman...

July 11, (THEWILL) - Four days after the acquisition of 4.8 billion shares of FBN Holdings (FBNH) Plc by Oba Otudeko Ecobank Nigeria has written FBNH, asking it not to recognise the new shares recently acquired by...

July 10, (THEWILL) - In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants...