Business

September 05, (THEWILL) – Stakeholders have unanimously called for concerted efforts towards adding value to non-oil export products by processing them into semi-finished and finished goods in order to unlock significant eco­nomic benefits for the nation. This clarion call...

September 05, (THEWILL) – The naira recorded its worst performance in six months at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, September 4, 2024, where it exchanged for N1,625.88 to the dollar. This marks the lowest exchange...

September 03, (THEWILL) – The 650,000bpd Dangote Oil Refinery has started processing petrol after suffering delays due to its inability to purchase crude oil from the Nigerian National Petroleum Company (NNPC) and other local producers, Devakumar Edwin, the refinery's...

September 03, (THEWILL) – Orlando, Florida-based Seafood restaurant chain, Red Lobster, has appointed Nigerian, Damola Adamolekun, as new Chief Executive Officer (CEO). Red Lobster, known for its cheddar bay biscuits, crab legs, and shrimp dishes, has over 578 restaurants across...

September 02, (THEWILL) – The admixture of fiscal and monetary policy initiatives impacted considerably on the equities market in the eight months of the year – pushing the All-Share Index to a growth of 30%, year-to-date, as bargain hunters...

September 02, (THEWILL) – Zenith Bank Plc has announced its audited results for the half-year ended June 30, 2024, recording an impressive triple-digit growth of 117 percent in gross earnings from N967.3 billion reported in H1 2023 to N2.1...

September 01, (THEWILL) – Foreign education cost Nigeria $28.65bn from 2010 to 2020, with Personal Transport Allowance totalling $58.7bn, a report by the Office of the Deputy Speaker, House of Representatives, quoting the Central Bank of Nigeria, has disclosed. In...

September 01, (THEWILL) – A foremost credit rating agency, Agusto & Co, has warned that Nigeria’s inflation, which recently saw a slight moderation, is at risk of persisting due to several upcoming fiscal measures. According to Agusto & Co, the...

September 01, (THEWILL) – The Bola Tinubu Administration has been engaging in a lot of ‘trial and error’ in its quest for an improved and sustainable foreign exchange (FX) inflow since its inauguration in May 2023. It has even...

September 01, (THEWILL) – In an apparent state of bewilderment stemming from what stakeholders and industry experts ascribed to ineptitude and corruption, the Nigerian National Petroleum Company Limited (NNPC) has made a detour on the endless route towards fixing...