Business

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

Ask ZiVA 728x90 Ads
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...

World Bank Revises Global Growth To 2.1% Amid Interest Rate Surge

June 06, (THEWILL) – The World Bank has said that global economy is on a precarious footing as interest rates have assumed an upward trend. The Bank, therefore, predicts global growth to slow to 2.1 percent in 2023 from...

Nigeria Recorded N927.2bn Trade Surplus In Q1 2023 – NBS

June 06, (THEWILL) - Nigeria recorded N927.16 billion trade surplus between January and March 2023, the National Bureau of Statistics (NBS), said Tuesday, in its Foreign Trade in Goods Statistics Report for Q1 2023. According to the Bureau, while total...

Q1 2023: FBNH Records Impressive Performance As Profit Rises 53.6% to N56.1bn

June 06, (THEWILL) - FBN Holdings Plc recorded an impressive result in Q1 2023 according to the unaudited financial statement it filed with the Nigerian Exchange. The Group posted a profit before tax of N56.105 billion for Q1 2023 a...