Business

BEVERLY HILLS, January 03, (THEWILL) - The Abuja Chamber of Commerce and Industry (ACCI) has expressed excitement over the take-off of the African Continental Free Trade Area (AfCFTA) agreement on New Year's day, January 1, 2021. In a press release...

....AfCFTA Implementation Will Take A Long Time, Says AfCFTA Secretariat SAN FRANCISCO, January 01, (THEWILL) - The African Continental Free Trade Area (AfCFTA) agreement will unlock significant growth opportunities on the continent but the benefit derivable from the single large market...

SAN FRANCISCO, January 01, (THEWILL) - There are indications that the Central Bank of Nigeria (CBN) may have effected an adjustment in the foreign exchange rate that officially devalues the Naira at the Nigeria Autonomous Foreign Exchange (NAFEX) window...

BEVERLY HILLS, December 30, (THEWILL) - Investment analysts and financial market experts have adduced factors underlying the oversubscription of the December 2020 FGN N60 billion bond – when investors are exiting the fixed income market for equity. The Federal Government of...

BEVERLY HILLS, December 30, (THEWILL) - Lagos State Government says that its multi-billion naira rice mill project will be due for commissioning in the first quarter of 2021 (Q1 ’21). Known as Imota Rice Mill, the state authorities say the facility...

BEVERLY HILLS, December 30, (THEWILL) - Nigerian stocks are headed for their highest annual gain in seven years riding on low yields in the country’s fixed-income market. The equities benchmark index in Africa’s largest economy recorded its highest return, rising 45.7...

BEVERLY HILLS, December 30, (THEWILL) - Telecommunications (Telecoms) operators in Nigeria are in a fix over the hike in telecoms charges imposed recently by the federal and state government agencies. They described the development as unhealthy and said it is impacting...

BEVERLY HILLS, December 29, (THEWILL) - Amid controversies trailing the recent Central Bank of Nigeria (CBN) policy on diaspora remittances, the Association of Bureaux De Change Operators of Nigeria (ABCON) has appealed to CBN to make Bureaux De Change (BDCs)...

BEVERLY HILLS, December 29, (THEWILL) - The National Agency for Food and Drug Administration and Control (NAFDAC) has shut the facilities of six manufacturers of finished pharmaceutical products in Nigeria. The Director-General of NAFDAC, Prof. Mojisola Adeyeye, in a statement...

SAN FRANCISCO, December 27, (THEWILL) - The Lagos Chamber of Commerce and Industry (LCCI) has said losses of Micro, Small and Medium Enterprises (MSMEs) in Lagos was about N2.7 billion, due to the recent Coronavirus (COVID-19) lockdown. According to the News...