Business

MTN, Airtel, Others to Lose Market Dominance as Starlink Makes a Debut

June 26, (THEWILL) – With last month’s approval of Starlink in Nigeria, there is an indication that some existing network providers in the country may lose part of their market shares in the telecommunications industry. This includes major players...

Access Bank’s Credit Expansion, Assets Surge Reinforce Industry Dominance

June 26, (THEWILL) – Nigeria’s foremost financial services institution, Access Bank, has maintained the tempo in credit expansion as a priority to stimulate the economy while its assets base soars. Data from the first quarter (Q1) 2022 interim report...

MG HS Heats Up Competition In Compact SUV Segment

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June 25, (THEWILL) – The coming of MG HS into the Nigerian auto market, from all indications, seems to have hyped competition among vehicles in the Compact SUV segment. The SUV is being marketed by Stallion MG Automobiles Ltd.,...

NGX, CIS Enhance Stakeholders’ Capacity for Exchange Traded Derivatives

June 23, (THEWILL) – Nigerian Exchange Limited (NGX) and the Chartered Institute of Stockbrokers (CIS) organized a capacity-building workshop for Exchange Traded Derivatives stakeholders, on Thursday 23 June 2022, in line with the commitment to promote a robust derivatives...

CBN Denies Reports of Planned Overseas Tuition Hike

June 23, (THEWILL) – The Central Bank of Nigeria (CBN) has denied media reports that the payments of overseas tuition fees from Nigeria will cost more from January 2023, due to the purported withdrawal of the ‘Form A’ Discounted...

Agric Intervention Scheme: CBN Rewards Lagos Farmers With Cash Gifts

June 23, (THEWILL) – Three farmers in Lagos State have won the “Best Farmer of the Year 2021” award organised by the Development Finance Department of the Central Bank of Nigeria (CBN). The News Agency of Nigeria (NAN) reports that...

Crypto Price Further Drops

June 22, (THEWILL) – Cryptocurrency prices dropped early Wednesday, with Bitcoin, Ethereum and Dogecoin, all lower around 4 a.m. ET. Bitcoin was trading at approximately $20,065 (-3.18%), or down nearly $660. For the week, Bitcoin was trading down nearly...

Oil Price Slumps To $109 Per Barrel As Biden Pushes For US Fuel Cost Cuts

June 22, (THEWILL) – Oil prices tumbled on Wednesday, amid a push by U.S. President, Joe Biden, to bring down soaring fuel costs, including pressure on the country's major energy firms to help ease the pain for drivers during...

Nigerian Start-Up Wins $10,000 At Commonwealth Youth Forum In Kigali

June 22, (THEWILL) – A Nigerian start-up, Salubata Technologies, has emerged one of the top four winners of Kigali Startup Festival 2022, at the Commonwealth Youth Forum (CYF) in Kigali, Rwanda. Salubata Technologies transforms plastic wastes into customised shoes. Chief Operating...

What Determines Huge Patronage For Businesses in Post-COVID-19?

June 21, (THEWILL) – In recent times, we have seen more businesses reporting low or no profit and, in some cases, no revenue. The case of business failures is equally high and prevalent, which could be attributed to the...