Business

May 16, (THEWILL) - Nigeria's Market regulator, the Securities and Exchange Commission (SEC), has issued new rules for digital assets, providing more insight on cryptocurrency transactions in the country. Earlier in February, the Central Bank of Nigeria (CBN) had ordered all...

May 16, (THEWILL) -  Nigeria’s inflation rate rose to 16.82 per cent in April 2022, recording the highest jump in eight months, the National Bureau of Statistics (NBS) said in its report Monday. The consumer price index, which measures the rate of...

May 15, (THEWILL) - Governor Abdullahi Sule of Nasarawa State has said that the ease of doing business and investment promotion have attracted over $500 million investment into key sectors in the state within the last three years. According to him,...

May 15, (THEWILL) - Ogun State Government says it will be training over 20,000 farmers in modern farming technique through extension officers across the 20 Local Government Area of the State to boost food security and job creation in Agric...

May 15, (THEWILL) - The securities of three Tier-1 deposit money banks (DMBs), Access Bank Plc, United Bank for Africa (UBA) Plc and Zenith Bank Plc emerged the top traded in the Financial Services Sector for the week ended May...

... Say N50K Air Fare Undervalued  May 15, (THEWILL) - There is an indication that air travellers in the country may finally bear the brunt of the lingering aviation fuel scarcity that is threatening the industry. Investigations have shown that, with the...

May 15, (THEWILL) - The performance of Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms was severely impacted by a tough operating environment in the first quarter of the year (Q1 2022).  Spiral inflation, decline in consumer demand, wrong-headed policies, among...

May 15, (THEWILL) - It is no secret that many developing countries bear high fiscal deficits in the pursuit of economic growth. Nigeria’s ballooning debt profile is a perfect example of how excessive government spending can place an economy in an...

May 14, (THEWILL) - First Bank of Nigeria has asked a Federal High Court in Lagos, to wind up Niger Insurance Plc, over its inability to pay a debt of N137.2 million. The bank, in a petition filed on its...

May 13, (THEWILL) - American billionaire Elon Musk, on Friday, put his $44-billion deal for Twitter Inc temporarily on hold, citing pending details in support of calculation that spam and fake accounts indeed represent less than 5% of users. Musk...