Business

SAN FRANCISCO, December 17, (THEWILL) - Oil prices hit a nine-month high early on Thursday after U.S. government data showed that crude stockpiles fell last week and on optimism over a coronavirus relief package in the United States. Brent crude...

SAN FRANCISCO, December 17, (THEWILL) - Crude oil prices rose after the Energy Information Administration (EIA) reported a crude oil inventory decline of 3.1 million barrels for the week to December 11. Following the report on Wednesday, West Texas Intermediate...

SAN FRANCISCO, December 17, (THEWILL) - The Federal, States, and Local Government Councils and agencies have shared the sum of N601.110 billion in November 2020. The Federation Accounts Allocation Committee (FAAC), in a statement released on Wednesday, made the disclosure...

BEVERLY HILLS, December 16, (THEWILL) - Nigeria's foreign reserves have dropped to $34.85 billion as of December 14. The country’s foreign reserves last suffered its lowest descent in April when it dropped to $33.4 billion following the COVID-19 pandemic and...

BEVERLY HILLS, December 15, (THEWILL) - The Nigerian Communications Commission (NCC) has given telecommunications operators in the country two weeks within which they should block SIM cards that are not registered with the National Identity Numbers (NIN). It warned that any...

BEVERLY HILLS, December 15, (THEWILL) - Econet Global is making a re-entry into the Nigerian economy with the establishment of a $100 million data centre facility in Lagos. Founder and Executive Chairman of Econet Global Limited, Strive Masiyiwa has disclosed that...

BEVERLY HILLS, December 14, (THEWILL) - The first trading session of the week opened bullish following the 1.73 per cent growth recorded by the Nigerian Stock Exchange (NSE) on Monday. The outcome was mainly influenced by positive price movement in the...

BEVERLY HILLS, December 14, (THEWILL) - A report by the National Bureau of Statistics (NBS) has shown that Nigeria’s banking sector non-performing loans dropped by N42.4 billion in three months. According to the Bureau’s report released recently, the total amount of...

BEVERLY HILLS, December 14, (THEWILL) - Moody’s Investors Service has stated that Nigeria’s economic growth will be severely hampered by the volatility of the oil price in the international market. In an annual report on the country, Moody said Nigeria’s credit...

BEVERLY HILLS, December 13, (THEWILL) - Oil prices rose on Monday, pushing Brent oil above $50 a barrel and West Texas Intermediate just a few cents below $47. The uptick in prices was buoyed by hopes that a rollout of...