Business

August 18, (THEWILL) - Despite the prevailing difficult macro-economic environment, Sterling Bank Plc, , has reported a profit after tax (PAT) of N5.691 billion for the first half of 2021. This was achieved on gross earnings of N68.609 billion for the...

August 18, (THEWILL) - The Chartered Institute of Taxation of Nigeria (CITN) has reacted to the recent judgment of the Federal High Court, Port Harcourt, declaring as unconstitutional the collection of the Value Added Tax (VAT) by the Federal Government...

August 18, (THEWILL) - The Assets Management Corporation of Nigeria (AMCON) has declared as false a recent newspaper publication that it mulls taking over the Dangote Refinery over debts owed by the Dangote Group to banks. Leadership reports that some online...

August 17, (THEWILL) - The Consumer Price Index (CPI), which measures inflation dropped to 17.38 per cent (year-on-year) in July, compared to 17.75 per cent in the preceding month, the National Bureau of Statistics (NBS) said on Tuesday. This represents a...

August 16, (THEWILL) - Lack of benefits is forcing many companies to have a second thought concerning listing on the Nigerian Exchange, writes MIKE UZOR Nigerian Exchange’s (NGX) two delisting windows have become busy of late. On the one hand, the...

August 15, (THEWILL) - The aviation industry witnessed the worst fortune in 2020 across the globe. ANTHONY AWUNOR x-rays the unusual development which led to the huge losses suffered by operators and other stakeholders in terms of money and 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...