Business

August 15, (THEWILL) - Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms listed on The Exchange recorded significantly impressive performance in their half-year (H1 2021) operations. The results were far beyond industry expectations. There are no less than 35 registered...

August 12, (THEWILL) - The Central Bank of Nigeria (CBN) says it will impose stiff sanctions on individuals and corporate bodies, including banks, that violate the newly introduced foreign exchange policy. It also disclosed that the forex process has been...

August 11, (THEWILL) - The World Bank has listed Nigeria and nine other countries as nations with high-debt risk exposure. In a financial statement for the International Development Association (IDA) released on Monday, the World Bank pegged Nigeria at number five...

August 08, (THEWILL) - The deepening slump in foreign investment in Nigeria signals a bad omen for the economy and should worry those in the position to halt the adverse trend.  While the inauspicious development has severe implications on every...

August 05, (THEWILL) - Oil prices tumbled towards $70 a barrel on Thursday as more countries imposed fresh movement restrictions to counter a surge in COVID-19 cases. Japan is poised to expand emergency restrictions to more prefectures, while China, the world’s second-largest...

August 03, (THEWILL) - The Central Bank of Nigeria (CBN) on Tuesday issued new guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. The apex bank, in a circular issued by its Director, Payments System...

August 02, (THEWILL) - The Development Bank of Nigeria (DBN) has disbursed N215.1 billion in loans to about 136,000 Micro, Small and Medium Enterprises (MSMEs) in Nigeria. DBN, in a statement after Agusto and Co rated the bank ‘AAA’, said it...

August 02, (THEWILL) - The Honourable Commissioner for Economic Development and Ibom Deep Seaport in Akwa Ibom State, Akan Okonin, gives an insight into the development strides of the Udom Emmanuel administration in this interview with UDEME UTIP. Excerpts: Industrialisation...

August 01, (THEWILL) - For many years, Nigeria’s Aviation industry has witnessed a lot of changes, in terms of management, policy and regulation. The industry has also faced several challenges, just as experienced in other countries of the world, the...

August 01, (THEWILL) - The turbulence in the Nigerian foreign exchange (forex) space on July 27, 2021, has created ripples. The effects would reverberate through the second half of the year. The Central Bank of Nigeria (CBN) wielded the big...