Business

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...

June 20, (THEWILL) - Nigeria’s bourse closed positive Monday with market capitalisation hitting N32.133 trillion and the All-Share Index (ASI) recording 59,014.85 basis points This was after a couple of bearish days in the previous week which saw the...

June 19, (THEWILL) - The Naira suffered the worst bashing in known records as it dipped to an all-time low of N770.38/$1 at the I&E window Monday. This represents a 12.2 percent depreciation from the N686.90 the local currency...

June 19, (THEWILL) - The National Industrial Court in Abuja, on Monday, reaffirmed its earlier order restraining the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) from embarking on its planned nationwide strike. The judge, Olufunke Anuwe, had...

June 19, (THEWILL) - Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot has threatened to shut down all filling stations in Anambra state if Governor Chukwuma Soludo fails to pay adequate compensation to the members for the...

After experiencing a bullish start to the week, the Nigerian equity market concluded the week in the north zone as of Friday, June 16. However, profit-taking activities observed in prominent stocks led to a decline in the market. The benchmark...

The Central Bank of Nigeria on Friday said that the 43 items restricted from accessing Foreign Exchange from the official window remain banned from the Investors and Exporters (I&E) window. This means the restriction of foreign exchange allocation for the...

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has invited international telecom companies and potential investors to take advantage of the opportunities presented by Nigeria’s population of over 200 million people to invest...

The Nigerian National Petroleum Company Limited (NNPCL) has said it is no longer the sole supplier of petroleum products in the country. The NNPCL posted this via its verified Twitter handle on Thursday. The announcement came after the Nigerian regulatory agency...

The Governor, Lagos State, Mr Babajide Sanwo-Olu, the Securities and Exchange Commission (SEC), Nigerian Exchange Limited (NGX) and the International Finance Corporation (IFC) have all renewed calls for more gender-focused initiatives that will create increased opportunities for women in...