Business

July 05, (THEWILL) – Zimbabwe’s central bank on Tuesday, said it would start selling gold coins as a store of value to tame runaway inflation, which had considerably weakened the local currency. The Central Bank governor, John Mangudya, said in...

July 05, (THEWILL) – The Debt Management Office (DMO) has listed N250 billion Sovereign Sukuk on the Nigerian Exchange (NSE) Limited and the FMDQ Securities Exchange. Proceeds from the Sovereign Sukuk, which was heavily oversubscribed, were meant for the execution...

July 03, (THEWILL) – The Central Bank of Nigeria (CBN) has guaranteed the sum of N130. 90 billion loan to farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) between its inception in 1977 and May, this year. The...

July 03, (THEWILL) – Starting from March 1, 2023, all freight forwarders, air carriers, express couriers, and postal operators transporting goods to or through the European Union (EU) (including Norway and Switzerland) will be required to submit advance cargo...

July 03, (THEWILL) – United Bank for Africa (UBA) Plc was among the largest traded volumes on Friday (July 1) as investors scramble for the stock of Africa’s Global bank to round off the week’s transactions for the month...

July 03, (THEWILL) – The Federal Ministry of Aviation has entered the Request for Proposals (RfP) phase of the Nigeria Airport Concessions Programme (NACP), which commenced on the 1st of June, 2022. The stage is in line with the Infrastructure...

July 03, (THEWILL) – A 190ft long general cargo vessel has berthed at the Calabar Port in Cross River State with 204 trucks and 22 cubic meters of general cargo. The cargo, MV Value Tyler, set sail from Singapore and...

July 03, (THEWILL) – Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC) have made significant investments in support of the ongoing development of...

July 03, (THEWILL) – Nigeria has lost no fewer than 50 airlines, cutting across commercial, charter and cargo carriers in the last five decades. These airlines, most of which go under, usually close shop, within a spate of 10...

July 03, (THEWILL) – Nigeria’s equity investors witnessed a bumper harvest of N27.94 trillion in market capitalisation in the first half of the year (2022), creating N4.75 trillion or 21 percent returns for the profit hunters compared with N23.19...