Business

SAN FRANCISCO, May 20, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) has grown by 2.01% in the first quarter of 2019. According to figures released by NBS, the slow growth is recorded in the first quarter after the oil sector contracted. Compared...

The Federal Inland Revenue Service (FIRS) says it will soon begin collection of Value Added Tax (VAT) on online transactions. The Chairman of the agency, Mr Babatunde Fowler, made the disclosure in an interview with the News Agency of Nigeria...

The share price of MTN on Nigeria’s bourse soared by 21 per cent in two days, closing at N108.90 on Friday. The telecommunications giant, which is the only one listed in the sector by the Nigerian Stock Exchange gained the...

BEVERLY HIILS, May 07, (THEWILL) - The African Development Bank (AfDB) has extended a $50 million (about N18bn @N360-$1) facility to Fidelity Bank Plc for the growth of Micro Small and Medium Enterprises (MSMEs). At the agreement-signing in Abuja, it...

SAN FRANCISCO, May 03, (THEWILL) - The shareholders of FBN Holdings Plc have been assured of brighter future and enhanced dividend at the 7th Annual General Meeting (AGM) in Lagos. Speaking at the meeting in Lagos, Dr Oba Otudeko, FBN Holdings...

The Nigeria Sovereign Investment Authority, NSIA, manager of Nigeria’s sovereign wealth fund, Monday announced its results for the 2018 financial year. The results show strong performance in a year when many international markets under-performed and the global economy experienced...

SAN FRANCISCO, April 25, (THEWILL) - Following its impressive full year results for 2018 released recently, Fidelity Bank Plc has started the new financial year strongly, posting a very impressive first quarter result. Details of the top lender's first...

President Muhammadu Buhari has hosted the Emir of Qatar, Sheikh Tamim bin Hamad Al-thani, soliciting investments in petroleum, power, aviation, and rail as major areas of concern. Also on the front burner was the recharge of Lake Chad with water...

BEVERLY HILLS, April 23, (THEWILL) - The National Bureau of Statistics (NBS) has revealed that the Federation Account Allocation Committee (FAAC) disbursed N1.92 trillion to the three tiers of government in the first quarter of 2019. The NBS this known...

SAN FRANCISCO, April 16, (THEWILL) - The National Bureau of Statistics (NBS) said the country’s inflation measured by Consumer Price Index (CPI) in March was 0.06 per cent points lower than the rate recorded in February. The NBS said this...