Business

Emefiele: Travails of The Passionate Central Banker

President Bola Tinubu on June 9, suspended Mr Godwin Emefiele from office as Governor, Central Bank of Nigeria (CBN). This is coming one year ahead of the end of Emefiele’s second term in June 2024. A release from the...

Scam At Parallel Market

There have been renewed calls for single rate of exchange since the President expressed the views that we push for that. Of course, the push for single rate has been on the national table for a very long time...

Equities Market: NGX ASI Declines Further on Dangote Cement, Stanbic IBTC Major Selloffs

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June 08, (THEWILL) – The bears continued to dominate the domestic bourse as the NGX All-Share Index (ASI) extended losses for a second consecutive session, falling by 0.12% to settle at 55,956.59 points. The market's weak performance was...

Equities Market Halts Bullish Trend as ASI Drops by 0.02%

June 07, (THEWILL) – The bullish trend that drove the market in the previous tradings lost steam today with investors losing N8 billion at the end of the day’s trading. Today, the bears dominated the domestic bourse as the...

Improving Access To Childcare Could Boost Nigeria’s Private Sector Productivity – IFC/NGX Report

June 07, (THEWILL) – Improving family-friendly workplace policies in Nigeria, including access to quality childcare for parents, could boost private sector productivity and benefit employees, children, and businesses in the country, according to a report published today by...

Zenith Bank Fetes Customers With Massive Giveaways in the “Zenith Beta Life Season 3” Promo

June 07, (THEWILL) - Zenith Bank Plc has launched the third season of its hugely successful “Zenith Beta Life Promo” to reward its customers with gifts from 1 June, 2023, to 31 May, 2024. Within this period, twenty bank...

Stock of Tingo Group Heads for Junks on Alleged Fraud Activities

June 07, (THEWILL) - Tingo Group, a Nigerian-based Agri-Fintech organisation, has suffered a dramatic reversal of fortune as its share price plummeted by -55% on NASDAQ Tuesday, after Hindenburg Research released a report alleging fraud activities in the company. The...

Subsidy: Nigerians Pay the Price, Neighbouring Countries Reap the Gain – KPMG

June 07, (THEWILL) - The sudden increase in the price of petrol in Benin, Togo and other countries within the Nigerian borders, following the removal of subsidy by the Federal Government is a confirmation that these countries have...

Equities Market: UBA Tops in Volume Trading as Investors Gain N126bn

June 06, (THEWILL) – United Bank for Africa (UBA) was the most traded stock by volume at 47.13 million units, at the end of today’s trading (Tuesday) on the Nigerian Exchange (NGX). Data by the NGX also showed that...

NDIC Seeks Stakeholders’ Cooperation in Enhanced Assessment System Framework

June 06, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has announced a plan to improve its Differential Premium Assessment System (DPAS) Framework through stakeholder input. The DPAS, implemented in 2008, aims to differentiate premiums paid by insured financial...