Business

Nigeria’s GDP Growth Hits 2.51% In Q2 2023 – NBS

August 25, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.51 percent (year-on-year) in real terms in the second quarter of 2023, up from 2.31 percent recorded in the first quarter of 2023, the National Bureau of Statistics...

Nigeria’s GDP growth slows to 2.51% in Q2 2023

August 25, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is 0.2% points higher than 2.31% recorded in the previous quarter but 1.03% lower compared...

Emeka, Son of Phillips Oduoza, NOVA Merchant Bank Chair, Dies at 27

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August 25, (THEWILL) - Emeka Oduoza, Son of NOVA Merchant Bank Chairman, Passes on @ 27 Emeka, a promising investment banker, died at the weekend in New York, United States. Until his death, Emeka was a...

CBN Faults JP Morgan’s Report On Forex Reserves

August 24, (THEWILL) - The Central Bank of Nigeria (CBN) has faulted the bank’s financial accounts estimation published by JP Morgan, raising concern over the motive. The apex bank spoke through its Director, Monetary Policy Department, Dr Hassan Mahmud, during...

Nigeria Rakes In $2.5bn From Non-Oil Exports – NEPC

August 24, (THEWILL) - The Nigerian Export Promotion Council (NEPC) says the country has generated 2.5 billion dollars from non-oil exports between January and June 2023. Executive Director of the NEPC, Dr Ezra Yakusak, disclosed this on Wednesday, at...

Elumelu, Dangote Reap Huge As Equities Market Soars, Naira Slumps to N773.42/$ on I&E Window

August 24, (THEWILL) - Billionaire businessmen, Tony Elumelu and Aliko Dangote, reaped huge gains as the equities market rose to a record N35.844 trillion on Wednesday from N35.842 previously. The NGX All-Share Index climbed to 65,492.92 points...

UBA Announces Delays In Publishing of HY Audited Financial Results

August 23, (THEWILL) - The board of United Bank for Africa (UBA) Plc has announced a delay in the release of its Half-Year (HY) financial results. This was disclosed in the company’s statement to the Nigerian Exchange Limited (NGX). According to...

NCDMB Boosts Technology-Enhanced Learning In Akwa Ibom, Commissions Three ICT Centres

August 23, (THEWILL) - In a deliberate effort to deepen Internet penetration and digital education in the country, the Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday commissioned three state-of-the-art Information and Communication Technology (ICT) Centres, with dedicated broadband...

FXTM Academy Offers Free Training, Opportunity For Success

August 23, (THEWILL) - FXTM Academy is offering free financial training that would enable individuals and small business owners to tackle current domestic and global financial and economic challenges. In a statement, FXTM said that despite the uncertainty that...

Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote

August 22, (THEWILL) - Oil and gas opportunities valued over $50bn and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended...