Business

Nations That Prioritise Their Young Go Far – Elumelu

August 28, (THEWILL) – Billionaire businessman and Founder, The Tony Elumelu Foundation, Mr Tony O. Elumelu, has said that nations that prioritise their young in their development agenda go far. He said such an attitude has put advanced...

P/Harcourt Refinery To Be Back On Stream December, Warri Q1 2024 – Lokpobiri

August 27, (THEWILL) - The Federal Government has reiterated its commitment to end petroleum product importation, as efforts are being redoubled to restore the nation’s local refining capacity. The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, made...

Manufacturing Firms In Dilemma As Economic Woes Deepen

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August 27, (THEWILL) - The 2023 interim half-year financial results of Nigeria’s manufacturing companies revealed that they are battling for breath as they struggled to lift margins. Their profit and revenue haul were severely impacted, while the key six...

Nigeria Needs Secondary Market For Businesses

August 27, (THEWILL) - In the twilight of the Buhari administration, the super minister – Sheikh Pantami, got a few bills signed pertaining to his huge portfolio. One of such successful bills which became an Act, is the Nigerian...

Oil Prices Set For A Second Consecutive Weekly Drop

August 27, (THEWILL) - Crude oil prices started trade Friday with a gain but were set for another weekly decline as the U.S. dollar rose further and supply concerns eased, Oil Price.com reports. Brent crude was trading at over $83.88...

Equities Market Closes Positive in Week of August 21

August 27, (THEWILL) - The NGX All-Share Index and Market Capitalization appreciated by 1.29% to close the week at 65,558.91 and N35.881 trillion respectively A total turnover of 1.812 billion shares worth N29.299 billion in 31,163 deals was traded last...

Enugu Govt Warns Petrol Stations Against Metre Adjustment

August 27, (THEWILL) - The Enugu State Government has warned petrol stations against engaging in metre adjustment and other sharp practices to shortchange consumers of petroleum products, vowing to seal facilities of defaulters. . The Commissioner for Special Duties, Emeka...

Nigeria Ranks 11th In Global Internet Penetration – NCC

August 27, (THEWILL) - Nigeria now ranks eleventh in terms of internet penetration and seventh in terms of mobile phone usage globally, the Nigerian Communications Commission (NCC) has said. The NCC Executive Vice Chairman/Chief Executive Officer Umar Danbatta, disclosed this...

Unclaimed Dividend Hits N190bn

August 27, (THEWILL) - The Securities and Exchange Commission (SEC) has stated that the unclaimed dividends in Nigeria’s capital market now stand at the region of N190 billion. The Director-General of SEC, Lamido Yuguda, disclosed this during the commission’s...

Experts Fault NBS Revised Labour Data –Say 4.1% Unemployment in Q1 ’23 Eclipses Reality

August 27, (THEWILL) - Labour and human resource experts have knocked the National Bureau of Statistics (NBS) for the Labour Force report it published on Thursday, August 25, 2023, under its revised survey methodology. The report entitled ‘Nigeria Labour Force...