Business

HY 2024: Equities Gain N15.68trn as NGX ASI Maintains Surge

June 30, (THEWILL) – The Nigerian equities market recorded significant gains in the first half of the year with market capitalisation closing at N56.60 trillion on June 28 2024, and the NGX ASI: maintaining the surge it recorded within...

HY 2024: Equities Gain N15.68trn as NGX ASI Maintains Surge

June 30, (THEWILL) – The Nigerian equities market recorded significant gains in the first half of the year with market capitalisation closing at N56.60 trillion on June 28 2024, and the NGX ASI: maintaining the surge it recorded within the...

CBN Discontinues FX Price Verification System Portal For Importers

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June 26, (THEWILL) – The Central Bank of Nigeria (CBN) has announced the discontinuation of the foreign exchange (FX) price verification system (PVS) portal used by importers, effective July 1, 2024. CBN Acting Director of Trade and Exchange Department, W....

IMTOs To Access Naira From CBN For Settlement Of Diaspora Remittances

June 25, (THEWILL) - The Central Bank of Nigeria (CBN) has said International Money Transfer Operators (IMTOs) can henceforth access the CBN window directly or through their Authorized Dealer Banks (ADBs) to execute transactions for the sale of...

Net Forex Inflow Into Nigeria’s Economy Falls 39% to $2.37bn

June 24, (THEWILL) - Foreign exchange inflow into the economy fell by 39 per cent month-on-month (M-o-M) to $2.37 billion in January from $3.91 billion in December 2024, the Central Bank of Nigeria (CBN) has said.. The CBN disclosed this...

GTCO Rated Nigeria’s Strongest, Best Banking Brand in Nigeria

June 24, (THEWILL) - Nigeria’s Tier-1 financial services institution, Guaranty Trust Holding Company Plc has added to its impressive haul of accolades as it was recently named Nigeria’s strongest brand and Best Banking Brand in Nigeria by Brand Finance...

Four Highest Indebted States Record N1.71trn in Q1 2024

June 24, (THEWILL) - Four highest indebted states recorded a total of N1.71 trillion in domestic debt in the first three months of the year (Q1 2024) according to the Debt Management Office (DMO). The states are Lagos, Delta, Rivers...

IOCs Plotting For Our Oil Refinery To Fail – Dangote

June 24, (THEWILL) - The Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said...

Benedict Peters’ Continental Outlook Brightens on Aiteo’s N471bn HY Earnings, Bravura’s Mining Rights

June 23, (THEWILL) - The audacious launch by Aiteo Group and Bravura, two entities founded by Nigerian-born African billionaire and oilman, Benedict Peters, into Zimbabwe, Mozambique and the Congo and the impressive half year numbers of the former, Nigeria’s indigenous...

‘Fidelity Bank’s N127.10bn Capital Raise to Strengthen Market Position, Global Presence’- Onyeali-Ikpe

June 23, (THEWILL) - The Managing Director and CEO of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has said that the bank’s N127.10 billion capital raising initiative is set to enhance its market position and expand its international footprint. Onyeali-Ikpe stated this at...
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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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