Business

June 14, (THEWILL) - TotalEnergies announced Tuesday the discovery of Ntokon oil and gas on OML102 offshore Nigeria. The company, in a statement published on its website, said the well is located in shallow waters, 60 km off the southeast...

June 14, (THEWILL) - In maintaining its leadership status as Nigeria’s most innovative bank, Access Bank (https://www.AccessBankPlc.com/) has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the...

June 14, (THEWILL) - The federal government generated N709.59 billion as Value Added Tax (VAT) in the first quarter of 2023, National Bureau of Statistics (NBS) on Tuesday. The bureau disclosed this in its “Sectoral Distribution of Value Added Tax”...

The Federal Inland Revenue Service (FIRS) and the Lagos Internal Revenue Service (LIRS) have issued a public notice regarding the Memorandum of Understanding (MoU) signed by both agencies on February 6, to establish a Joint FIRS and LIRS Audit...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its focus is to exceed the Organisation of Petroleum Exporting Countries (OPEC)’s oil production quota of 1.74 million barrels per day (bpd). Its Chief Executive, Gbenga Komolafe, made the assertions shortly after...

The Nigerian Communications Commission (NCC) has said that telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP),...

Equities market closed Friday with market capitalisation of N30.45 trillion as against N30.38 trillion recorded at the close of the first week’s day trading on Monday. The NGX All Share Index (ASI) also followed the same trend: 55,930.97 and...

June 11, (THEWILL) - In line with the African Continental Free Trade Area (AFCFTA) framework to deepen economic integration and enhance business relationships in the continent, the Abuja Chamber of Commerce in conjunction with CMD Tourism and Trade Enterprises...

President Bola Ahmed Tinubu has appointed Mr Folashodun Adebisi Shonubi as acting Governor. following the suspension of Godwin Emefiele as Central Bank of Nigeria (CBN) governor, Shonubi will superintend the affairs of the apex bank until the investigation of...

The increased volume of agricultural goods helped to achieve a relatively high value of non-oil exports in the first quarter (Q1) of 2023, compared to the corresponding period of 2022, data by the National Bureau of Statistics (NBS) have...