Business

November 24, (THEWiLL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.25% (year-on-year) in real terms in the third quarter of 2022, the National Bureau of Statistics (NBS), said in its GDP report released on Thursday. The Q3 2022 growth...

November 23, (THEWILL) - The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31, 2023. Addressing journalists at...

November 23, (THEWILL) - Concerned by the myriad of challenges against operational efficiency in the nation’s maritime sector, an advocacy group has embarked on a monthly maritime breakfast briefing to articulate views and create ideas that provide strategic policy inputs...

November 22, (THEWILL) - President Muhammadu Buhari has declared that his administration attracted over $3bn investment in the Oil and Gas Sector at a time of near-zero appetite for investment in fossil energy. Speaking at the Flag-off Ceremony of the...

November 22, (THEWILL) - In a bid to reduce inflationary pressures, the Central Bank of Nigeria (CBN), has raised its benchmark interest rate, known as Monetary Policy Rate (MPR), for the fourth time in 2022 by 100 basis points...

The United Nations on Friday released a total of US$10.5 million from the Nigeria Humanitarian Fund (NHF) and the Central Emergency Response Fund (CERF) to provide assistance to people affected and left vulnerable by floods across Nigeria, including those...

The Nigerian Communications Commission, NCC, has commended the Government of Ondo State for its commitment to deployment of broadband infrastructure through the Odua Infraco, urging other states to come on board the efforts to make the service available to...

The International Finance Corporation (IFC), an international financial institution that offers investment, advisory and asset-management services to encourage private-sector development in less developed countries and Microsoft have partnered to support digital transformation in Africa’s agriculture sector. A suite of digital...

Nigeria’s 36 states and the Federal Capital Territory (FCT) accumulated a total debt of N5.28 trillion in seven years of President Muhammadu Buhari administration: from 2015 to 2022. This amount, which comprises domestic and external debts, represents a...

It was a moment of jubilation and thankfulness as winners of the 12th edition of the United Bank for Africa (UBA) Foundation Secondary School Essay Competition were announced at a special event held in the bank’s head office in...