Nigeria Weakens Naira At Retail FX Auction In A Move To Align Rates

The central bank said last week it will work towards the gradual unification of exchange rates across all forex windows. It has operated a...

Nigeria’s Rating At Risk Over Debt Financing Gap Rise – Fitch

BEVERLY HILLS, June 25, (THEWILL) - Sovereign Ratings Director at Fitch, Mahmoud Harb, has warned that a sharp rise in Nigeria’s sovereign debt and...

US Senate Passes Bill That Could Delist Chinese Firms On Its Stock Exchanges

BEVERLY HILLS, May 20, (THEWILL) - The US Senate has passed a bill that could block some Chinese companies from selling shares on American...

FirstBank Cardholders Record N1.18trn In Transactions Value during Lockdown

SAN FRANCISCO, May 13, (THEWILL) - Since its establishment in 1894, FirstBank has consistently built relationships with her customers, focusing on the fundamentals of...

NLNG Signs EPC Contracts With SCD JV Consortium

BEVERLY HILLS, May 13, (THEWILL) - The Nigeria LNG, on Wednesday, signed the engineering, procurement, and construction (EPC) contract for Train 7 with the...

Nigeria’s Economy To Contract By 3.4% In 2020 — FG

SAN FRANCISCO, May 06, (THEWILL) - The Federal Government has revised its earlier forecast of 2.9% growth for the nation’s economy saying rather, the...

COVID-19: Experts Optimistic On Oil Price Rise But Warn That Reforms Must Happen

BEVERLY HILLS, May 04, (THEWILL) - Despite the current crisis in the petroleum sector occasioned by a slide in crude oil prices, industry experts...

Zenith Bank Posts Improved Gross Earnings Of N166.8b In Q1 2020

SAN FRANCISCO, April 30, (THEWILL) - Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross...

Local Governments, States, Federal Government Share ₦780.926bn FAAC For March

BEVERLY HILLS, April 22, (THEWILL) - The Federation Accounts Allocation Committee (FAAC) met through video conferencing to split a total of ₦780.926 billion as...

Nigeria’s Inflation Rises To 12.26%

BEVERLY HILLS, April 21, (THEWILL) - The Consumer Price Index, (CPI) which measures inflation rose to 12.26 per cent (year-on-year) in March compared to...