Business

Traders Prepare For U.S Presidential Election Cycle Theory As Votes Begin

SAN FRANCISCO, November 03, (THEWILL) - Stockbrokers and traders are getting set to see a fulfillment or otherwise of the U.S Presidential Election Cycle Theory as voting commences in America. The U.S Presidential Election Cycle Theory, developed...

FG Earns ₦424.71b From VAT In Q3, 2020

SAN FRANCISCO, November 03, (THEWILL) - The Federal Government said it generated a total sum of N424.71 billion from Value Added Tax (VAT) in the third quarter of the year (Q3 2020) compared to N327.20 billion in Q2 as...

Oil Prices Drop By Over 3 per cent As Fresh Lockdown Looms

Ask ZiVA 728x90 Ads
BEVERLY HILLS, November 02, (THEWILL) - Oil prices fell more than 3% on Monday on worries that COVID-19 lockdowns across Europe will weaken fuel demand, and as traders braced for turbulence during the U.S. presidential election week. Brent crude futures...

NSE: Equities End October On 16-Month High

BEVERLY HILLS, November 01, (THEWILL) - The equities market of the Nigerian Stock Exchange(NSE) finished the month of October on a bullish note as the all share index (ASI) gained 3.71 percent at 30,530.69 points — the highest in 16...

MTN Group Makes $138m From Final Exit From Jumia

BEVERLY HILLS, November 01, (THEWILL) - MTN Group has earned $138 million from its exit from Jumia, a leading e-commerce platform in Africa, selling its 18.9 percent stake. This was contained in the MTN Group third quarter for 2020 (Q3 2020)...

Fidelity CEO Reaffirms Commitment To Sound Ethical Business Practices

BEVERLY HILLS, November 01, (THEWILL) - Fidelity Bank CEO, Mr. Nnamdi Okonkwo has restated the bank's commitment to the highest standards of ethical and professional conduct in its dealings with customers and all stakeholders. Okonkwo gave the assurance on...

Nigeria Stock Market Gains N571bn

BEVERLY HILLS, October 30, (THEWILL) - Trading reopened on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maulud celebration still on an upward trend, growing by N571 billion. The market capitalisation which opened at N15.386 trillion inched higher by N371 billion...

ExxonMobil To Cut Global Workforce By 15%

BEVERLY HILLS, October 30, (THEWILL) - ExxonMobil has disclosed plans to cut its global workforce by 15% in the next two years. It said the highest job cut will come from its headquarters in Houston. According to ExxonMobil spokesman, Casey...

FG Urges Shipping Firms, Operators To Adopt NXP

BEVERLY HILLS, October 30, (THEWILL) - The federal government has admonished port terminal operators and shipping companies to adopt the Nigerian Export Proceeds (NXP) number in order to ensure speedy attention to export cargo and smoothen export transaction, The Executive Secretary,...

E-Payment Transactions Reach N111.29tn From January To September

BEVERLY HILLS, October 30, (THEWILL) - The value of transactions via l digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to N111.29tn from January to September of 2020. The two platforms...