Business

NDDC Forensic Audit Yielding Results – Akpabio

BEVERLY HILLS, January 14, (THEWILL) - Following the ongoing forensic audit of the Niger Delta Development Commission (NDDC), many contractors have returned to sites to complete abandoned projects with their personal fund, Minister of Niger Delta Affairs, Godswill Akpabio,...

Nigeria’s Total Public Debt Hits N32.22tr In Q3- NBS

BEVERLY HILLS, January 14, (THEWILL) - The National Bureau of Statistics (NBS) has said as at Third Quarter (Q3) 2020, Nigeria’s total debt stood at N32.22 trillion. The NBS In a report titled: “Nigerian Domestic and Foreign Debt – Q3...

NSE Extends Gain As Index Rises 0.11 Per cent

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BEVERLY HILLS, January 13, (THEWILL) - Positive sentiments persisted on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index extending growth by 0.11 per cent. Specifically, the All-Share Index improved further by 45.10 points or 0.11 per cent to...

NSE To Review 2020 Market Activities, Provide 2021 Outlook

BEVERLY HILLS, January 13, (THEWILL) - The Nigerian Stock Exchange (NSE) will hold its annual 2020 Market Recap and 2021 Outlook on Tuesday, 19 January 2021. Considering the current protocols around the COVID-19 pandemic, the event will hold virtually and is...

Nigerian Stocks Gain N76bn Amid Pressure

BEVERLY HILLS, January 12, (THEWILL) - Nigerian stocks gained N75.906 billion on Tuesday amidst increased investors’ interest in the shares of Dangote Cement, Ardova, NASCON, Dangote Sugar and May & Baker. The All Share Index (ASI) was up by 0.36 per...

NAHCO Seeks Tax Waivers On Duties For Ground Handling Equipment

SAN FRANCISCO, January 12, (THEWILL) - The Managing Director, Nigeria Aviation Handling Company, Nahco Aviance, Mrs. Tokunbo Fagbemi, has called on the Federal Government to accede to their request for tax exemption on duties for handling equipment. This is...

Softbank Group Sells $2bn Worth of Uber Shares

SAN FRANCISCO, January 12, (THEWILL) - Japan’s SoftBank Group has sold $2 billion-worth of shares in Uber, taking advantage of a surge in the US ride-hailing giant’s value, a document released Monday has revealed. An affiliate of SoftBank’s Vision Fund...

Nigeria Can’t Afford Cost Of COVID-19 Vaccines Production – NPHCDA

SAN FRANCISCO, January 12, (THEWILL) - Nigeria cannot produce COVID-19 vaccines at present because of the complex process involved, Executive Director of the National Primary Health Care Development Agency (NPHCDA), Faisal Shuaib, has said. Shuaib, who spoke at the Presidential...

N5bn Covid-19 Funds: NANTA Gets 4.9% Share, Warns Against Further Lockdown

BEVERLY HILLS, January 11, (THEWILL) - The National Association of Nigeria Travel Agencies (NANTA) has received about N196 million out of N5bn given to the aviation industry as Covid-19 Palliative to cushion the negative effects of coronavirus pandemic....

How Poor Telecoms Service Marred Yuletide Festivities In South-East

SAN FRANCISCO, January 11, (THEWILL) - Christmas and New Year celebrations in the rural parts of Nigeria’s south-east states would have been a delightful experience, but for the challenge of poor telecommunications services, findings by THEWILL have revealed. The five...