Business

BEVERLY HILLS, February 09, (THEWILL) - The Department of Petroleum Resources (DPR) has issued a licence for the establishment of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. The department said the plant would have a capacity to process 176...

BEVERLY HILLS, February 08, (THEWILL) - Oil prices today soared to their highest in a year, with Brent futures jumping over $60 a barrel, courtesy supply cuts among key producers and hopes that the US will roll out economic stimulus...

BEVERLY HILLS, February 07, (THEWILL) - The Central Bank of Nigeria, CBN has reacted to the comments, doubts and criticisms that trailed its recent regulatory directive to Deposit Money Banks, DMBS, to desists from transacting in and with entities...

BEVERLY HILLS, February 05, (THEWILL) - Nigeria recorded one of its worst decline in investment inflows in recent times as the capital importation dropped by 59.65 per cent in 2020 to $9.7bn due to the impact of the Covid-...

BEVERLY HILLS, February 05, (THEWILL) - The Central Bank of Nigeria (CBN) has, again, warned against any dealings in cryptocurrencies declaring such transactions as prohibited. This is coming on the heels of similar policy action by the Indian government banning...

BEVERLY HILLS, February 04, (THEWILL) - FBN Holdings PLC has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. These appointments are subject...

- Naira Depreciates To N397.63/USD On I&E FX Window The Nigerian Stock Exchange (NSE) extended Wednesday’s bearish trend to Thursday, February 4, posting a loss of N112.05 billion due mainly to the absence of significant activities in the major and...

- Naira Stands N395.50/USD At I&E Window Equities market closed on Wednesday in the negative territory with NSE-ASI depreciating by -0.1 per cent to close at 42,000.01 basis points (bsp), as against -0.74 per cent depreciation recorded on Tuesday at...

- Naira Drops 0.25% At I&E Window BEVERLY HILLS, February 02, (THEWILL) - The Nigerian Stock Exchange (NSE) closed negative at the end of the second trading day in February with the NSE-All Share Index declining by 0.74 per cent...

BEVERLY HILLS, February 01, (THEWILL) - Nigeria’s topmost company by profit, Zenith Bank Plc., has again emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2021. For the fourth consecutive year, Zenith...