Business

The World Ahead 2023: Whither Nigeria?

“The World Ahead 2023” is the 2022 end-of-year special publication of ‘The Economist’ (of London) in which the journal reviewed the global economy in the outgoing year and made detailed projections about 2023, including what issues are most likely...

FBNH Tops NGX-30 Index Traded Volume

FBN Holdings Plc recorded the highest traded shares volume in the first trading week of 2023, among the four Financial Services equities of the outstanding NGX-30 group. Data by the Nigerian Exchange Limited (NGX) showed that FBN Holdings witnessed huge...

UPDATED Cashless Policy: NFIU Bans Cash Withdrawals From Public Accounts

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January 05, (THEWILL) - To stop indiscriminate withdrawal of cash from public accounts, the Financial Intelligence Unit (NFIU) has directed all financial institutions in the country to halt demands for cash withdrawals from government accounts from March 1, 2023. However,...

Nigeria’s Total Debt Stock To Hit N77trn On CBN Overdraft, New Loans

January 05, (THEWILL) – The Debt Management Office (DMO) has estimated that public debt stock could rise to N77 trillion at the end of President Muhammadu Buhari’s administration. Director-General, Debt Management Office (DMO), Patience Oniha, confirmed the figures on Wednesday,...

G-5: Hidden Costs of Manifold Hypocrisy

January 03, (THEWILL) - The recalcitrant group of the Peoples Democratic Party (PDP) governors known as the G-5, returned from their London trip after two days last Friday. The trip must have elevated the cost of the governors’ political...

World’s Economies To Experience Recession in 2023, Says IMF

January 02, (THEWILL) - The International Monetary Fund (IMF) has said that one-third of the world’s economies will slide into recession in 2023. It also disclosed that 2023 will be tougher than 2022 for most of the global economy as...

Life-ND Project: Emerging Farmers Receive Inputs For Business

About 37 emerging poultry farmers in Cross River State have received 16,000 day old chicks to boost their budding poultry business in Cross River State. Similarly, 15 emerging fish farmers have received 21,000 juveniles (cat fish) to boost their enterprise. The...

United Nigeria Airlines Woos Passengers With Installment Payment For Tickets

In its avowed commitment to revolutionize the aviation industry, United Nigeria Airlines Company Limited has introduced an innovative payment system that will boost the capacity of its passengers to fly the airline at a minimal cost. The new payment system,...

Nigeria Tax Regime Stifling Investment – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has said that Nigeria’s current tax regime is stifling investment and economic growth. Muda Yusuf, director of the organisation, made this known in a statement detailing CPPE’s economic and business environment...

Airline Operators Risk N5m Fine, Imprisonment Over TSC Default

The new Civil Aviation Act has prescribed N5 million fine or two years jail sentence or both for any airline or its promoters who failed to remit the mandatory ticket sales charge/cargo sales charge (TSC/CSC) to the coffers of...