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BPE, CBN Give Banks Six Months Deadline to Quit DISCOs

August 15, (THEWILL) - The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has given a six-month deadline to banks which recently took over the shares of core investors in some Electricity Distribution Companies, DISCOs,...

First Vessels Berth at Lekki Deep Seaport

July 01, (THEWILL) – Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the beginning of operations of the Lekki Deep Seaport arrived in Nigeria on Friday. Their arrival, according to the Managing Director of the Nigerian Ports Authority (NPA),...

SEC Warns Companies, Registrars Against Selective Dividend Payments

November 28, (THEWILL) - The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. The Director-General of SEC, Lamido Yuguda, said this on Saturday at the Institute...

Seplat Confirms Exchange Rate For Interim Dividend

November 16, (THEWILL) - Seplat Energy Plc has confirmed the currency exchange rates to be applied in determining the interim dividend for the third quarter of 2021. The company’s Chief Financial Officer, Emeka Onwuka, disclosed this in a notice sent...

Nigerian Airports Record 6.4m Passengers In 6 months

November 14, (THEWILL) - A total of 6,420,820 passengers travelled through domestic and international airports in Nigeria between January and June 2021, a report by the Federal Airports Authority of Nigeria (FAAN) has shown. The Passengers’ Traffic Statistics Report made...

FirstBank Offers Support To SMEs In Education Sector Through The Pandemic

BEVERLY HILLS, July 27, (THEWILL) - First Bank of Nigeria Limited has offered to give financial support to Small and Medium Enterprises (SMEs) in Education Sector to cushion the effects of the COVID -19 pandemic. Mr. Bankole Adediran, Head,...

Nigeria Successfully Develops Viral RNA Extraction, NCDC Approves Breakthrough, Set For Testing Kits Production

SAN FRANCISCO, May 22, (THEWILL) - The country has blazed a trail in Africa with the Nigeria Centre for Disease Control (NCDC) successfully validating the first phase of the viral Ribonucleic Acid (RNA) extraction which should enable local production...

Ex- NNPC boss reels out 9-point agenda to unseat Obaseki

Former Group Executive Director of the Nigeria National Petroleum Corporation (NNPC), Mr Chris Ogiemwonyi, has rolled out his nine-point agenda that would serve as major pillars of development blue print if elected as next Governor of Edo. News Agency of...

Nigeria Cuts Visa Fees For US Citizens

SAN FRANCISCO, February 06, (THEWILL) - Nigeria has slashed visa application charges for citizens of the United States from $180 to $160. The previous rate was $160 and $20 as “processing and expedient fees”. According to the Comptroller-General of Nigeria Immigration...

MMIA Customs Command Intercepts $8m

SAN FRANCISCO, February 04, (THEWILL) - Comptroller-General of Customs, Col. Hameed Ali (Rtd) on Tuesday disclosed that the Custom Command at the Murtala Mohammed International Airport had intercepted 8.06 million U.S. dollars from the airport. Ali, during a media briefing in...

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