Business

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

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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...

Purging MMIA of Corrupt MDAs’ Officials, Others

December 12, (THEWILL) - Over the years, stakeholders in the nation’s aviation industry have lodged complaints about some corrupt officials of Ministries, Departments and Agencies (MDAs), particularly at the Murtala Mohammed International Airport (MMIA), Lagos. Aware of the growing...

Nigerian Capital Market Launches Central Counterparty (CCP) 

December 12, (THEWILL) - The Nigerian Capital Market witnessed a monumental milestone as NG Clearing limited, the first Central Counterparty in West Africa, formally launched her operations. The launch of NG Clearing as a CCP means that exchange-traded derivatives are...

Nigerian Breweries: Slump in Q3 Profit Dims Dividend Prospects

December 12, (THEWILL) - Nigerian Breweries Plc posted a huge decline of N852 million in its Group profit after tax (PAT) for the third quarter (Q3) of 2021. This represents a 63 percent drop from N1.35 billion recorded in...