Business

Equity Market Records N19.48bn In Week Ended Feb 25

February 27, (THEWILL) - A total turnover of 1.668 billion shares worth N19.481 billion in 25,979 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.713 billion shares valued...

ExxonMobil To Sell Mobil Producing Nigeria Shallow-Water Affiliate 

February 25, (THEWILL) - The international oil giant, ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary Seplat Energy...

Company Income Tax Declined To N347.81 Billion In Q4, 2021 — NBS

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February 24, (THEWILL) - Company Income Tax (CIT) recorded N124.71 billion decline from N472.52 billion in quarter three, 2021 to N347.81 billion in quarter four, the National Bureau of Statistics (NBS), said. The NBS said this in its “Company Income Tax...

Equity Market Records 1.7bn Shares In Weekly Trading

February 21, (THEWILL) - A total turnover of 1.713 billion shares worth N30.764 billion in 24,767 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 1.331 billion shares valued...

Identity As New Battleground of Cyberthreats

February 21, (THEWILL) - Nearly every aspect of modern life depends on industrial control systems (ICS) operating as expected. As ICS devices become increasingly connected, they also become increasingly vulnerable. In Nigeria for instance, it has been observed that cyberthreats...

Delinquent Debtors Roll: AMCON Back-pedals, Battles N500m Asset-Tracing Suit

February 21, (THEWILL) - Despite the directive from the National Assembly, persistent threats and what appeared unyielding moves to ‘name and shame’, the Asset Management Corporation of Nigeria (AMCON) failed to publish the names of the 7,912 delinquent debtors...

CBN’s Intervention in Healthcare As Critical Juncture

February 20, (THEWILL) - The Central Bank of Nigeria’s intervention in healthcare comes across as a critical juncture in the effort to fast-track Nigeria’s socio-economic advancement. Of the bank’s 37 intervention schemes, amounting to N4.2 trillion (both executed and...

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

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...