Business

May 29, (THEWILL) - The exponential growth of the telecommunications (telecoms) industry which manifested after rebasing the economy in April 2014, accounts majorly for the recovery seen after the headwinds of COVID-19 and two recessions. The National Bureau of...

...Gain N632.8bn in One Week May 29, (THEWILL) - Investors in the Nigerian capital market earned over N1.1 trillion from dividend payout by companies listed on the NGX in the past year, The Nigerian Exchange Limited has said. In a statement...

May 29, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday congratulated an indigenous shipping company, Temile Development Company on the contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000...

May 27, (THEWILL) - The Nigerian investing community was held spellbound earlier in the week when FBN Holdings Plc released its much-awaited 2021 financial statements to the public, showing a stellar performance, especially in its banking subsidiary, First Bank...

May 27, (THEWILL) -Data from the 2021 FY Report of the FBNH Plc has confirmed that billionaire investor and chairman of Geregu Power Plant, Femi Otedola is officially the majority shareholder of FBN Holdings. The  audited financial statements of the bank...

May 27, (THEWILL) - Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment...

May 25, (THEWILL) - Amid efforts to intensify financial inclusion, it has been revealed that about 98 per cent of Nigerian women are left out of formal credit markets. A new report by the Rockefeller Philanthropy Advisors Gender Centre of...

May 25, (THEWILL) - Transactions worth N114.8 trillion were performed electronically in Nigeria between January and April this year. The Nigeria Inter-Bank Settlement Systems (NIBSS). The deals were consummated through the NIBSS Instant Payment platform (NIP). This shows a 44 percent...

May 24, (THEWILL) - Zinox Group has come out to clarify on the rumoured acquisition of pan-African e-commerce brand, Jumia, stating that the leading tech conglomerate is not ready for it now. The clarification was made by Gideon Ayogu, Head...

May 23, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) increased by 3.11 per cent in the first quarter of 2022, according to figures from the National Bureau of Statistics’ (NBS) Quarterly Report released on Monday. Nigeria’s Gross Domestic Product (GDP)...