Business

SAN FRANCISCO, July 23, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 13.5 percent for July. CBN Governor, Godwin Emefiele, disclosed this on Tuesday during a press...

SAN FRANCISCO, (THEWILL) - The Central Bank of Nigeria (CBN) has issued licences to three new banks. According to information available on the apex bank’s website, the number of banks has increased from 21 to 23. The CBN also issued a...

BEVERLY HILLS, July 21, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) said it recorded a trade surplus of N6.33 billion for the month of May, 13 per cent higher than the N5.60 billion surplus made in April. The corporation disclosed...

Activities on the Nigerian Stock Exchange (NSE) continued on the losing streak on Tuesday with the market indices extending their loss by 0.49 per cent. The All-Share Index, which opened at 28,341.03, shed 140.15 points or 0.49 per cent to...

BEVERLY HILLS, July 16, (THEWILL) - The NNPC has given out contracts to 34 companies grouped into 15 consortiums to supply petrol in exchange for crude oil. Award letters for the contracts were issued and distributed on Monday according to a...

SAN FRANCISCO, July 15, (THEWILL) - The National Bureau of Statistics (NBS) has released the consumer price index, which measures inflation stating that the index dropped year on year from 11.40 per cent in May to 11.22 per cent in...

SAN FRANCISCO, July 15, (THEWILL) - First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has introduced the Visa Multi Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution...

Fidelity Bank won the 'Best Digital Networking Bank For Entrepreneurs, Africa 2019' at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards celebrate excellence in...

SAN FRANCISCO, July 10, (THEWILL) - Nigeria’s total debt has increased by 2.3% to N24.947 Trillion (US$ 81.274 Billion) as of March 31, 2019. The Debt Management Office (DMO) released the figure on Wednesday morning noting “the Total Public Debt grew...

SAN FRANCISCO, July 10, (THEWILL) - Airtel Africa Plc started trading on the Nigerian Stock Exchange (NSE) on Tuesday with a strong enthusiasm, rallying N136.4 billion gain in the immediate hour after its shares were listed on the Exchange. It's...