Business

President Bola Tinubu on August 2, 2023 gave his commitment to the leaders of Organised Labour that the Port Harcourt Refinery will start production by December. He said this would be after the completion of an ongoing rehabilitation contract...

Ten major manufacturing firms in Nigeria, mainly in the consumer goods group, reported a total of N517.1 billion in non-recovery, net foreign exchange losses in the first half of the year (HY 2023), arising from the devaluation of the...

August 03, (THEWILL) - Nigeria’s equities market will lose N55.3 billion market capitalisation following GlaxoSmithKline’s (GSK), plan to close its operations in Nigeria after 51 years. The British multinational .pharmaceutical and biotechnology company which commenced operations in Nigeria...

August 02, (THEWILL) - The World Bank President, Ajay Banga, will visit Nigeria this week as part of his mission to advance a global tour and improve the bank’s relationship with partners and countries of the world. A statement...

August 02, (THEWILL) - The United Kingdom (UK) through its Foreign, Commonwealth and Development Office (FCDO) has stated that it will continue to focus on building future investment links and collaborate with Nigerian Exchange Limited (NGX) to ensure...

August 02, (THEWILL) - The Independent Petroleum Marketers Association of Nigeria, IPMAN, has expressed doubts over the several palliative measures being dished out by the President Bola Tinubu administration, describing them as faulty and potentially ineffective. This assertion was...

August 02, (THEWILL) - Nigeria's equities market opened the eight month of the year Tuesday on a negative note, losing N79 billion as the capital market closed N34.9 trillion against N35.1 trillion it ended July activities on...

July 31, (THEWILL) - Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported...

July 31, (THEWILL) - Governor of Lagos State, Babajide Sanwo-Olu, has slashed the fares of state-owned buses by 50 per cent to cushion the effect of the fuel subsidy removal. Mr Sanwo-Olu announced this on Monday in a video shared...

July 31, (THEWILL) - It was double honours for Zenith Bank Plc at the London Stock Exchange as the bank was named the Best Commercial Bank in Nigeria for the third year running and Best Corporate Governance Bank,...