June 26, (THEWILL) - FMDQ Securities Exchange Limited is set to provide a long-awaited panacea to the Nigerian financial markets, with the introduction of its dynamic Exchange-Traded Derivatives (ETD) market, on Wednesday, July 12, 2023.
The trailblazing FMDQ...
The number of estimated billing customers held by Nigeria’s electricity distribution companies (DisCos) has continued to be on the increase, with the 11 DisCos having a total of 5.95 million in Q1 2023.
This is 1.99 percent higher than...
The Development Bank of Nigeria (DBN) has unveiled strategies to step up its support for the micro, small and medium enterprises (MSMEs) to navigate the current troubled economy, triggered by the recent fuel and electricity subsidies removal, naira...
June 23, (THEWILL) - The Investors’ and Exporters’ (I&E) window (official market channel) has turned the tide against the black market, as the gap between both foreign exchange channels stood at N11.83 in favour of the official window...
June 21, (THEWILL) - The Naira resumed its plunge on the I&E window Wednesday, closing at N763.17/$ according to data on the FMDQ website.
This represents a 1.4 percent depreciation from the gain of Tuesday when it closed at N756.61/$...
June 20, (THEWILL) - Africa has been at the receiving end of many labels for several decades, most of which, sadly, are laced with prejudice and stereotypes — projecting our stories through a single-sided lens. These labels — whether...
June 20, (THEWILL) - The naira continued in its debilitating state Tuesday as it slumped to N756.61/$ on the I&E window.
Although this was a marginal recovery from Monday’s all-time crash of N770.38/$1, it marks the historic convergence of...
June 20, (THEWILL) - Nigeria’s bourse closed positive Monday with market capitalisation hitting N32.133 trillion and the All-Share Index (ASI) recording 59,014.85 basis points
This was after a couple of bearish days in the previous week which saw the...
June 19, (THEWILL) - The Naira suffered the worst bashing in known records as it dipped to an all-time low of N770.38/$1 at the I&E window Monday.
This represents a 12.2 percent depreciation from the N686.90 the local currency...
June 19, (THEWILL) - The National Industrial Court in Abuja, on Monday, reaffirmed its earlier order restraining the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) from embarking on its planned nationwide strike.
The judge, Olufunke Anuwe, had...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
