Business

May 29, (THEWILL) - President Ahmed Tinubu has unveiled steps to halt Nigeria’s declining economy characterised by poverty, unemployment, high inflation rate and dwindling investment inflow. Tinubu disclosed this during his inauguration speech in Abuja on Monday, May 29,...

According to a recent survey by Phillips Consulting, over half (52%) of Nigerian professionals are considering leaving their current jobs and moving abroad within a year. The Talent Management Report, “A New World Order: Shifting Paradigms in Addressing the...

As Nigeria’s inflation rate maintains an upward trend, hitting 22.2 percent in April, the National Bureau of Statistics (NBS) says prices of basic energy sources – cooking gas and kerosene - also increased during the period. The average price...

HH Capital Limited, a Company founded by the Board Chairman of UBA Plc Mr. Tony Elumelu has acquired additional 19.338,220 million shares worth N162.44 million in the company. This was contained in a notice of share dealing by an insider...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has issued seven new regulations aimed at providing a regulatory environment that assures efficiency, predictability, clarity and effectiveness to the Nigerian oil and gas sector. NUPRC Chief Executive Gbenga Komolafe disclosed...

Equities market closed with N28.9 trillion market capitalization as of Friday, May 26, as against N28.5 trillion it recorded on the first trading day on Monday, May 22, adding N5 billion in value. At the end of the last weekday...

The shareholders of Access Holdings Plc on Wednesday approved the board’s N46.209 billion final dividend payout for the year ended December 31, 2022, amounting to N1.30 final dividend payout per share They gave their approval at the Pan-African financial institution’s...

Oando Clean Energy Limited (OCEL), in partnership with the Lagos Metropolitan Area Transport Authority (LAMATA), last Tuesday commenced operations of its electric mass transit buses at the Lagos Bus Services Limited (LBSL) Head Office, Ilupeju, Lagos. A statement released by...

CBN INTERVENTION IN ZAMFARA STATE Introduction The real-sector development initiative of the Central Bank of Nigeria (CBN) was introduced to stimulate and sustain growth in key sectors of the economy, revive moribund industries, empower the youth population, explore the untapped potentials...

Sixteen (16) first-term governors will be confronted with a total debt of N2.9 trillion, bequeathed to them by their predecessors, as they assume office on May 29, 2023. The amount comprises total domestic debt of N2.2 trillion and $1.6 billion...