Business

August 14, (THEWILL) - The Central Bank of Nigeria (CBN) says it has taken appropriate measures to stabilise the unfavourable fluctuations in the foreign exchange market. Acting Governor of the apex bank, Folashodun Shonubi, disclosed this to State House...

August 14, (THEWILL) - Inflationary pressures are gradually easing across the globe but remain rampant in Africa’s largest economy. Unlike the United States which has witnessed consumer prices coming down from a peak of 9.1% in June 2022,...

August 14, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the...

August 14, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its 2022 Annual Sustainability Report. The comprehensive report provides an overview of the bank’s commitment to Environmental, Social and Governance (ESG) performance and...

The current economic situation of many Nigerians, be they unemployed, employed or small business operators is, to say the least, perplexing and confusing. Inflation continues to worsen the cost of living of the populace eroding the purchasing power of...

Amid lingering battle for the soul of FBN Holdings Plc, billionaire businessman and chairman of Geregu Power Plant, Femi Otedola, has acquired 110 million units of the bank’s shares worth N2 billion in a fresh deal that intensifies the...

The NGX All-Share Index and Market Capitalization Appreciated by 0.20%, and 0.26% to close the week at 65,325.37 and N35.572 trillion respectively. A total turnover of 1.741 billion shares worth N25.087 billion in 30,652 deals was traded last week by...

Some stakeholders have commended President Bola Tinubu for the recently inaugurated Presidential Committee on Fiscal Policy and Tax Reforms, chaired by Mr Taiwo Oyedele.They made the commendation in separate interviews with the News Agency of Nigeria (NAN) 0n Friday...

The Central Bank of Nigeria (CBN) has released its audited financial statements for 2016-2022. The result showed that the apex financial services regulator recorded a profit of N65.63 billion in 2022 — more than double the figure it reported...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the global momentum and impact of the energy transition have made it mandatory for players in the oil and gas sector bring in innovative measures to mitigate the effect of energy...