Business

July 26, (THEWILL) - The domestic equities market recorded its first negative performance this week as profit-taking in MTNN (-3.4% against N225.10 share price) drove the benchmark index 0.5% lower to 65,687.16 points against 65,991.02 points on Tuesday. Market capitalisation...

July 26, (THEWILL) - The Central Bank of Nigeria (CBN) has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies. A post-no-debit means that all debit transactions, including ATMs and cheques,...

July 25, (THEWILL) - Equities market extended its winning streak for the fourth consecutive session positive on Tuesday, as the benchmark index closed 1.11% stronger at 65,991.02 points against 65,268.28 on Monday. Gains in MTNN (+5.52%), ZENITHBANK (+0.86%),...

July 25, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the interest rate to 18.75 per cent on Tuesday. After the committee’s meeting on Tuesday, which is the first without Godwin Emefiele...

July 25, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has assured that the actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in...

July 25, (THEWILL) - The International Monetary Fund on Tuesday raised its growth forecast for the global economy, turning slightly more positive despite slowing momentum from China. In the latest update to its World Economic Outlook, the IMF raised...

July 25, (THEWILL) - The managing director/chief business officer, Optimus by Afrinvest, the digital platform powered by Afrinvest (West Africa) Limited, Mr Ayodeji Ebo, has advised the Nigerian government to rethink its plan of distributing N500 billion subsidy...

July 24, (THEWILL) - The Nigerian equities market opened the week positively on Monday as demand for STANBIC (+10.0% from N68.95 share price), and FBNH (+9.8% shifting from a share price of N21.80 ) drove the All-Share Index higher...

July 24, (THEWILL) - Avanti Communications has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa for the second year running. The results, from the 20th edition of the NSR Satellite Capacity Supply & Demand Analysis reports...

July 24, (THEWILL) - Amid the bounce of a new administration and raft of changes in government policies, total foreign transactions performed by investors at the floor of the Nigerian Exchange Limited (NGX) grew to N145.08 billion in the...