Business

DMO Offers N250bn Sukuk For Subscription

December 16, (THEWILL) - The Debt Management Office (DMO), on behalf of the federal government, has announced an offer for subscription of a N250 billion road sukuk instrument for N1,000 per unit. A statement in DMO’s website indicates that the instrument...

Nigeria’s Inflation Rate Drops To 15.40% In November

December 15, (THEWILL) - Nigeria’s inflation rate fell for the eighth consecutive month in November 2021 to 15.40 percent from 15.99 percent recorded a month earlier. This was amid continuing increases in food prices, the National Bureau of Statistics...

Infinix Mobile, Others To Present ‘A True Christmas Story’

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December 15, (THEWILL) - All is now set for the commencement of the musical theatre 'A True Christmas Story' curated by foremost production company, Live Theatre Lagos and powered by Infinix mobile. The play is expected to run from Thursday, December...

CBN Earmarks N41bn For Dry Season Wheat Projects’ Farming

December 14, (THEWILL) - In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria earmarked a whopping sum of N41billion, which is being disbursed by Heritage Bank Plc to farmers across...

5G: Mafab, MTN Emerge Winners Of 3.5GHz Spectrum Auction

December 14, (THEWILL) - After 11 rounds of bidding that lasted eight hours, Mafab Communications Ltd and MTN Nigeria Plc emerged the two successful winners of the 3.5 gigahertz (GHz) spectrum auction for the deployment of Fifth Generation (5G)...

NNPC Moves To Crash Price Of Cooking Gas

December 13, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Limited, on Monday, said the high price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, is a reflection of the rising price of crude oil and...

NNPC Records ₦141.96bn Trading Surplus

December 13, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Limited, has announced a N141.96 billion trading surplus in June 2021 compared to a deficit of N37.46 billion recorded in the previous month. This was disclosed in the NNPC’S Monthly...

Allaying Fears On Health Impact of 5G Mobile Network

December 12, (THEWILL) - ANTHONY AWUNOR writes on the impact of 5G network on public health and safety At the Senate Public hearing of February 25, 2021, the Minister of Communication and Digital Economy (FMoCDE), Prof Isa Pantami, made an...

NCC Bags 2021 ITREALMS Telecom E-Waste Regulator Award

December 12, (THEWILL) - The Nigerian Communications Commission (NCC) has bagged the 2021 ITREALMS Telecom E-Waste Regulator Award. The award was presented on behalf of the management of ITREALMS Media group by the president of the National Association of Telecom...

NGX: Stocks Rebound on Gains by Financial Services

December 12, (THEWILL) - Stocks bounced back on the Nigerian Exchange (NGX) Friday as the benchmark index ticked up by 0.47 percent. This was  on the back of huge investors’ demand for financial services stocks. But the gain was too...