Business

September 19, (THEWILL) - The Nigeria Communication Commission (NCC) has stressed the importance of a multidimensional collaboration in enhancing the country's payment system. The Executive Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference...

September 19, (THEWILL) - Oando Plc has announced a profit after tax (PAT) of N32.9 billon in its full-year-ended 2021 financials. This year, 2023, has seen the Company record positive highlights, including the recent announcement of its intent to...

September 18, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPCL) under-remitted a total of $1,951,115bn in 2021, the Nigeria Extractive Industries Transparency Initiative (NEITI), said on Monday, in its 2021 Oil & Gas Industry Report. Executive Secretary and National...

September 17, (THEWILL) - Despite strict forex restrictions against palm oil, the commodity has remained a major foreign exchange consumer in the Nigerian merchandise trade, data by the National Bureau of Statistics (NBS) have shown. THEWILL had tracked the trend...

September 17, (THEWILL) - President Bola Tinubu on Friday, September 15, 2023, nominated Dr Olayemi Michael Cardoso, as the new Governor of the Central Bank of Nigeria (CBN) subject to approval by the Senate. When (not, if) approved by the...

September 17, (THEWILL) - Nigeria’s annual inflation rate rose to 25.80 per cent in August from 24.08 per cent in the previous month, the National Bureau of Statistics (NBS) said Friday. The statistics office said the August headline inflation rate...

September 17, (THEWILL) - Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars) in the first quarter of 2023 to N87.38 trillion (113.42 billion dollars) in the second quarter of 2023. The report said Nigeria’s public debt stock,...

September 17, (THEWILL) - In the last trading session of the week, the domestic bourse recovered as the All-Share Index gained 0.09% to settle at 67,395.74 points. Gains in MTN Nigeria , Zenith Bank and Stanbic Bank pushed the...

September 17, (THEWILL) - The Manufacturers Association of Nigeria (MAN) has disclosed that during the period of severe naira scarcity earlier this year, cement sales dropped by a substantial 30 percent. The association also noted that the absence of cash...

September 17, (THEWILL) - The 2023 interim half-year financial statement of Africa’s Global Bank, United Bank for Africa (UBA) Plc, shows strong key metrics that would launch the Tier-1 lender on the fast track to N20 trillion assets mark...