Business

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...

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...

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...

June 23, (THEWILL) - “Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food. Only two years ago, Africa’s biggest economy, Nigeria was projected to...

June 21, (THEWILL) - The Central Bank of Nigeria (CBN) has hosted a dialogue between the Organised Private Sector (OPS) and the Bank’s leadership to explore strategies for enhancing Nigeria’s financial sector. The meeting held at the Bank's Lagos...

June 17, (THEWILL)- The Guaranty Trust Holding Company Plc says it has concluded plans to raise about N500bn starting in July. This was disclosed in a notice of its preliminary prospectus filed with the Securities and Exchange Commission. According to the...

June 17, (THEWILL)- The value of Nigeria’s exported agricultural products rose significantly in the first quarter of the year (Q1, 2024) by 270.3%  to N1.03 trillion, compared with N279.64 billion recorded in Q1 2023, on the back of over 200%...

June 16, (THEWILL)- It is most auspicious at this time, exactly one year after the inauguration of the Bola Tinubu Administration (May 29, 2023), to do an appraisal of how well or otherwise the Nigerian economy has fared. This...

June 16, (THEWILL)- The revenue accruing to the Federation Accounts Allocation Committee (FAAC)  via the Electronic Money Transfer Levy (EMTL)  dropped by 17.6 percent from N57.69 billion in Q1 2023 to N49.54 billion in Q3 2024. This is based on data...

It was in bad faith – Legal Expert It’s Response to Corporate Governance Rascality - Analysts June 16, (THEWILL)- Some stakeholders and industry experts have expressed different views on the controversy trailing the liquidation of Heritage Bank Limited, after...