THEWILL.

Palm Oil Imports Gulp N19.6bn, As Cashew Exports Overtake Cocoa in Q2’23

September 17, (THEWILL) - Despite strict forex restrictions against palm oil, the commodity has remained a major foreign exchange consumer in the Nigerian merchandise trade, data by the National Bureau of Statistics (NBS) have shown. THEWILL had tracked the trend...

MINILS Confers Fellowship on Danbatta For Empowering National Workforce

September 17, (THEWILL) - The Michael Imoudu National Institute of Labour Studies (MINILS) has decorated the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, with the award of Fellowship of the Nigeria Institute of Labour (NIL)...

UNICEF Identifies $9bn Funding Gap In Nigeria’s Water, Sanitation Sector

September 17, (THEWILL) - The UN Children’s Fund (UNICEF) has identified a funding gap of $9.2 billion in the Water Sanitation and Hygiene (WASH) sector in Nigeria, the News Agency of Nigeria (NAN) reports. Deputy Representative of Programme, UNICEF Nigeria,...

Nigeria’s Inflation Soars To 25.80% Amid Rise In Food Prices

September 17, (THEWILL) - Nigeria’s annual inflation rate rose to 25.80 per cent in August from 24.08 per cent in the previous month, the National Bureau of Statistics (NBS) said Friday. The statistics office said the August headline inflation rate...

Nigeria’s Public Debt Stock Rises to N87.38tr

September 17, (THEWILL) - Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars) in the first quarter of 2023 to N87.38 trillion (113.42 billion dollars) in the second quarter of 2023. The report said Nigeria’s public debt stock,...

NGX ASI Ends Week Negative, Down 1.10% w/w

September 17, (THEWILL) - In the last trading session of the week, the domestic bourse recovered as the All-Share Index gained 0.09% to settle at 67,395.74 points. Gains in MTN Nigeria , Zenith Bank and Stanbic Bank pushed the...

Cement Sales Plunge 30% Over Naira Redesign – MAN

September 17, (THEWILL) - The Manufacturers Association of Nigeria (MAN) has disclosed that during the period of severe naira scarcity earlier this year, cement sales dropped by a substantial 30 percent. The association also noted that the absence of cash...

PDP @ 25: Leaders Vow Party Will Bounce Back

September 17, (THEWILL) - The main opposition party, Peoples Democratic Party (PDP), recently celebrated its 25th year of existence and declared that the 16 years the party was in power were the golden years for Nigeria and Nigerians. Looking back...

FEATURES: 19th Akwaaba: Meeting Point For Africa Travel Business Investors, Others

September 16, (THEWILL) - This year’s Africa Travel Market (ATM) brand 'Akwaaba', brought together multiple industry stakeholders, especially Africa travel and tourism investors. This development availed these stakeholders the opportunity to exhibit their products, have face-to-face encounters, and exchange...

OPINION: Arik Air: Before AMCON Winds Down

September 15, (THEWILL) - The matter between Asset Management Corporation of Nigeria (AMCON) and Arik Air Limited is needlessly taking up public space and attracting attention. But the facts of the matter reveal a straight, one could even say...

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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

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.
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