Business

June 25, (THEWILL) - The Debt Management Office (DMO) said the total public debt stock of Nigeria (comprising the external and domestic debts of the Federal Government, the 36 states and the Federal Capital Territory), hit N49.95 trillion as...

Now that the Naira has been floated by the Central Bank of Nigeria in response to the directive by Mr President in his inaugural address, we wish that our experience this time around will be different and that we...

The number of estimated billing customers held by Nigeria’s electricity distribution companies (DisCos) has continued to be on the increase, with the 11 DisCos having a total of 5.95 million in Q1 2023. This is 1.99 percent higher than...

The total amount of transactions on Nigerian Exchange Limited (NGX) grew to N322.92 billion in the month of May as against N191.21 billion in the previous trading month, thus representing a 68.88 per cent increase. This is according to the...

The Development Bank of Nigeria (DBN) has unveiled strategies to step up its support for the micro, small and medium enterprises (MSMEs) to navigate the current troubled economy, triggered by the recent fuel and electricity subsidies removal, naira...

This writer has no wish to trace the historical role of money in Nigerian politics. This is a grey area in Nigerian politics and it has really not been explored as a theme or a component of national politics....

June 23, (THEWILL) - The Investors’ and Exporters’ (I&E) window (official market channel) has turned the tide against the black market, as the gap between both foreign exchange channels stood at N11.83 in favour of the official window...

June 21, (THEWILL) - The Naira resumed its plunge on the I&E window Wednesday, closing at N763.17/$ according to data on the FMDQ website. This represents a 1.4 percent depreciation from the gain of Tuesday when it closed at N756.61/$...

June 20, (THEWILL) - Africa has been at the receiving end of many labels for several decades, most of which, sadly, are laced with prejudice and stereotypes — projecting our stories through a single-sided lens. These labels — whether...

June 20, (THEWILL) - The naira continued in its debilitating state Tuesday as it slumped to N756.61/$ on the I&E window. Although this was a marginal recovery from Monday’s all-time crash of N770.38/$1, it marks the historic convergence of...