Business

January 31, (THEWILL) - The International Monetary Fund (IMF) has revised upwards the growth projections for Nigeria in 2023 to 3.2 percent from 3.1 percent which was projected earlier in Q4 2022. This was contained in the Fund’s latest World...

January 31, (THEWILL) - Faced with increased disruptions, baggage mountains and staff shortages, airports and airlines are ramping up their investment in technology to digitalise their operations and speed up passengers' journeys by offering more self-service options. In 2022...

January 30, (THEWILL) - The Board of Directors of the United Bank for Africa (UBA) Plc, on Monday, announced the appointment of Mrs Abiola Bawuah as Chief Executive Officer (CEO) of UBA Africa. The Board, in a statement, said Bawuah...

January 30, (THEWILL) - The Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay customers over-the-counter with the lower Naira denominations. These include N100, N50, N20, N10 and N5 notes regardless of how much a customer is...

Commodities are raw materials or primary agricultural products that can be bought or sold. The prices are driven by factors such as demand and supply, weather or disaster, seasonality, geopolitics, market information and storage level and transportation. Prices of...

National Bureau of Statistics (NBS) on Friday said the prices of some food items in Nigeria increased in December. Headline inflation (all goods and services) reached its lowest rate in eleven months in December, after ten straight monthly increases. Food...

The National Bureau of Statistics (NBS) has said that residents based in the South-East region paid the highest kerosene costs in December 2022. This is contained in the NBS National Household Kerosene Price Watch report, which disclosed that South-Eastern Nigerians...

At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 171,109,870 shares in 3,599 deals, corresponding to a market value of NGN 2,343,568,438.20, were traded. Compared with the previous NGX trading...

The National Domestic Card Scheme launched by the Central Bank of Nigeria (CBN) last week has been aplauded for its capacity to enhance small and medium enterprises (SME) activities. An inter-state transport operator, Godwin Akhamikor, said the scheme would facilitate...

The 2023 Seasonal Climate Prediction (SCP) was unveiled in Abuja recently by the Nigerian Meteorological Agency (NiMet). During the event, Minister of Aviation, Sen. Hadi Sirika, and the Director-General, Nigerian Meteorological Agency (NiMet), Prof. Mansur Bako Matazu, called on stakeholders...