Business

Nigeria’s GDP Grew By 3.98% In Q4 2021 – NBS

February 17, (THEWILL) - The National Bureau of Statistics says Nigeria’s GDP grew by 3.98% in real terms Q4 2021. In a report published Thursday, the statistics bureau said: “Nigeria Gross Domestic Product (GDP) grew by 3.98%(year-on-year) in real terms in...

January Inflation Rate Down To 15.60 Percent

February 15, (THEWILL) - Nigeria’s consumer price inflation rate fell from 15.63 percent in December 2021 to 15.60 percent in January 2022, the National Bureau of Statistics (NBS) has said. The statistics office said the prices of goods and services,...

Abiodun Woos Foreign Investors On Power, Telecom Services

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February 13, (THEWILL) - Governor Dapo Abiodun of Ogun State has embarked on visits to Egypt and Ethiopia to attract foreign investments on power and telecommunication services to the state. This was just as the Ogun State Government entered into...

Addressing Incessant Flight Delays, Cancellations in Nigeria’s Airspace 

February 13, (THEWILL) - Flight disruptions in the form delays and cancellations have become very rampant in recent time. The situation has worsened as kidnappers, bandits and armed robbers have taken over many roads in the country, thereby forcing...

FMDQ Exchange Endorses Providus Bank’s 100bn Commercial Paper

February 13, (THEWILL) - FMDQ Securities Exchange Limited through its Board Listings and Markets Committee, has approved the registration of the Providus Bank Limited N100 billion Commercial Paper (CP) Programme on its platform. The registration of the programme strategically positions...

Bleeding Economy: Paying Deadly Price For Imported Bad Fuel

February 13, (THEWILL) - Nigerians are dripping wet with anger and frustration over the recent importation of adulterated premium motor spirit (PMS), popularly called petrol. This has sparked widespread outrage across the country, with many of those whose vehicles...

FAAN Proposes N188 Billion Revenue Budget For Year 2022

  February 13, (THEWILL) - The Federal Airports Authority of Nigeria (FAAN), has proposed a Revenue Budget of N188 billion for the year 2022. Managing Director/Chief Executive of FAAN, Capt. Rabiu Yadudu, who disclosed the plan at the weekend, said the...

Sales Of Forex To Banks Will End December – Emefiele

February 11, (THEWILL) - The Central Bank of Nigeria will stop the sale of forex to Deposit Money Banks by the end of the year. CBN governor, Godwin Emefiele, who made this known at a press briefing on the launch...

CBN Unveils RT200 FX Programme To Boost Non-Oil Exports

February 10, (THEWILL) - The Central Bank of Nigeria (CBN), has unveiled a foreign exchange revenue expansion scheme called RT200 FX  Programme. The programme, which stands for the “Race to US$@00 billion in FX Repatriation”, was announced Thursday by the...

Mixta Africa Showcases New Architecture Roadmap For Real Estate Market In 2022

February 09, (THEWILL) - Mixta Africa, one of Africa’s largest indigenous real estate companies, has announced plans to introduce more revolutionary real estate solutions including the construction of additional luxurious homes. The company also hinted on plans to enlist...