Business

March 24, (THEWILL)- Small businesses and consumer goods firms are facing heavy disruption in their supply chain and operational costs due to inflation, currency risk, removal of fuel subsidies leading to a significant increase in energy costs and scarcity...

March 24, (THEWILL)- Trading in the top three equities namely United Bank for Africa Plc, FBN Holdings Plc and Access Holdings Plc (measured by volume) accounted for 564.882 million shares worth N16.990 billion in 8,493 deals, contributing 32.56% and...

March 24, (THEWILL)- The state governments noted that the decision is to ensure the efficient provision of electricity services to citizens. This was disclosed in a letter dated 18 March, addressed to the Executive Chairman of NERC, Sanusi Garba. The letter...

March 24, (THEWILL)- The National Economic Council (NEC) has endorsed the implementation of the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) programme across the 36 states of the federation and the Federal Capital Territory (FCT). The approval was...

March 24, (THEWILL)- The Minister of Power, Adebayo Adelabu, has reiterated the federal government’s plan to raise electricity generation from 3,500 megawatts to 6,500MW within the next three to six months. During a working visit to various power projects in...

March 24, (THEWILL)- The Nigeria Customs Service (NCS) has announced the suspension of the 25 percent import duty penalty on improperly imported vehicles. The directive for the suspension came from the Minister of Finance and Coordinating Minister of the Economy,...

March 24, (THEWILL)- FBN Holdings Plc has appointed three new directors for the HoldCo and two more for the Bank marking the beginning of billionaire investor, Femi Otedola’s, tenure as chairman of the holding company. The holding company announced the...

March 24, (THEWILL)- The unending repairs of Port Harcourt Refinery is set to enter the second quarter of 2024 after missing the December 2023 target. The Federal Government had, through the Nigerian National Petroleum Company Limited (NNPCL), emphatically assured that...

March 24, (THEWILL)- At a time most African countries are sinking deep into the miry clay of poverty, the Tony Elumelu Foundation (TEF), the leading philanthropy empowering the continent’s entrepreneurs, on Friday, March 22, 2024 unveiled 1,104 beneficiaries of...

March 22, (THEWILL)- The Tony Elumelu Foundation (TEF) on Friday announced the selection of 1,104 beneficiaries from 54 African countries for the 2024 edition of its annual entrepreneurship programme. At a well-attended ceremony held in Lagos with participants and invited...