Business

SAN FRANCISCO, December 27, (THEWILL) - The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month. The apex bank made...

SAN FRANCISCO, December 25, (THEWILL) - Ahead of the January 1, 2021 takeoff of the African Continental Free Trade Agreement (AfCFTA), Minister of Industry, Trade and Investment, Adeniyi Adebayo has stressed the need for Nigerians, especially industrialists to take...

SAN FRANCISCO, December 25, (THEWILL) - The Naira strengthened by 2.11% to exchange N465 against the Dollar at the parallel forex market on Christmas eve, compared with N475/$ it traded the previous day. The local currency also appreciated marginally at...

SAN FRANCISCO, December 25, (THEWILL) - The Nigerian equity market went for the Christmas holidays with5.4% gain this week, driven by an appreciation by Dangote Cement, Mansard , and Oando on Thursday. The All-Share index was up 5.4% week-on-week to...

SAN FRANCISCO, December 24, (THEWILL) - The Federal Executive Council on Wednesday approved N8.1 billion for the rehabilitation of some roads across the country. The Council also approved N4.7billion for the nation’s power sector. Minister of Works and Housing, Babatunde Fashola, who...

SAN FRANCISCO, December 23, (THEWILL) - Investment inflows to the Nigerian economy hit the bottommost point in five years as of third quarter of 2020 (Q3 ’20), data from the National Bureau of Statistics (NBS) has shown. The statistics bureau in...

SAN FRANCISCO, December 23, (THEWILL) - The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has called for the full domestication of Liquefied Petroleum Gas (LPG), also known as cooking gas, to guide against price manipulations at the international market. Mr...

SAN FRANCISCO, December 23, (THEWILL) - The Debt Management Office, DMO has said a total of N60 billion bond it offered for the month of December had been oversubscribed by more than N70 billion. A statement on its website on Wednesday...

SAN FRANCISCO, December 23, (THEWILL) - Bismarck Rewane, Managing Director/Chief Executive Officer, Financial Derivatives Company Limited has predicted that the double-digit inflation in the country will remain and average at 16 percent in 2021. He stated this in a report titled,...

SAN FRANCISCO, December 23, (THEWILL) -The Nigerian Stock Exchange (NSE) has launched an online platform for the subscription of public offerings (POs), the X-PO, following the “No Objection” letter received from the Securities and Exchange Commission (SEC). NSE said the...