Business

UPDATED: Dangote Refinery Begins Production

January 12, (THEWILL) - Dangote Petroleum Refinery in Lagos has commenced the Production of diesel and aviation fuel. Earlier, the company, which received its fifth shipment of crude cargo on Thursday, January 4, 2024, in a statement, said production would...

CBN Appoints New Executives For Union, Keystone, Polaris Banks

January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has announced new executives for Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited. The CBN, on Wednesday, January 10, 2024, revealed that the appointments followed...

Why We Dissolved Boards Of Union, Keystone And Polaris Banks – CBN

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January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has said it dissolved the boards and managements of Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited for infractions against statutory rules which poses a threat...

DMO Announces First FGN Savings Bond Offers In 2024

January 09, (THEWILL) - The Debt Management Office (DMO) has unveiled the initial bond offering for 2024. The offer comprises two Federal Government of Nigeria (FGN) savings bonds available for subscription according to a statement by the Agency on Monday....

Access Bank Completes Acquisition Of Atlas Mara

January 09, (THEWILL) - Access Bank Zambia Limited has announced the completion of its acquisition of Atlas Mara Zambia after obtaining all requisite regulatory approvals. It is the second bank to be acquired by Access Bank in Zambia, after Cavmont...

UBA Market Cap Hits N1.022tn Emerges Best Performing Banking Stock In 2023

January 08, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share. At the...

Pressure On Mike Adenuga As NCC Bars Glo Customers’ Calls On MTN Lines Over Indebtedness

January 08, (THEWILL) - The Nigerian Communications Commission (NCC) has announced the commencement of disconnection of Globacom from MTN Nigeria Communicztions Plc (MTN). The NCC in a public notice signed by its Director, Public Affairs Department, Reuben Muoka, released on...

CBN Settles Additional FX Forwards With Banks

January 07, (THEWILL) - In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has recently disbursed approximately $61.64 million to foreign airlines through...

Nigerian And Chinese Energy Firms Seal $1bn Deal On Gas Flaring

January 07, (THEWILL) - A Nigerian energy company NIGUS International, have entered into a $1 billion agreement with Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Chinese firm, to finance and advance solutions for gas flaring in Nigeria....

Seplat Announces Mechanical Completion Of ANOH Gas Plant

January 07, (THEWILL) - Seplat Energy has said that installation works at the ANOH gas plant, a joint venture between the energy company energy company and NNPC Gas Infrastructure Company Limited, have attained mechanical completion. The feat, achieved on...