Business

November 12, (THEWILL) - Cadbury Nigeria Plc has announced a turnover of N59.2 billion for the nine-month period ended 30 September 2023, representing an increase of 39 percent over N42.54 billion recorded in the same period in 2022. This followed...

November 12, (THEWILL) - The Nigerian Extractive Industries Transparency Initiative (NEITI) on Thursday said the federal government revenue-generating agencies remitted a total of about N14.38 trillion as revenue from the extractive sector to the Federation Account (FA) between 1...

November 12, (THEWILL) - The Nigeria Economic Summit Group (NESG) has announced its partnership with some stakeholders to strengthen interventions to promote food safety in the country. Dr Tayo Aduloju, NESG Chief Executive Officer-designate, in a statement on Thursday, said...

November 12, (THEWILL) - Zenith Bank Plc, Nigeria’s largest financial services institution by market capitalisation (N1.04 trillion currently), is set for the N20 trillion assets mark by year-end amid strong balance sheet growth on massive revenue haul for the...

November 10, (THEWILL) - The Naira traded N996.95 per dollar on the Nigerian Alternative Foreign Exchange Market (NAFEM) on Thursday, November 9, pushing closer to the parallel market rate of N1,175/$ on the same day. The massive slump of...

November 9, (THEWILL) – Federal Capital Territory (FCT) High Court has restrained a South African company, Novare, and its subsidiaries, from selling off their assets in Nigeria. The News Agency of Nigeria (NAN) reports that Novare is the owner of...

November 09, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip...

November 08, (THEWILL) - The Central Bank of Nigeria (CBN), on Wednesday, directed members of the public to accept all CBN-issued banknotes (including the old and redesigned banknotes) currently in circulation, saying "all banknotes issued by the CBN remain...

November 08, (THEWILL) - The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill...

November 08, (THEWILL) - The naira plunged deeper to N869.91 per dollar on the Nigerian Autonomous Foreign Exchange Market (NAFEM), formerly Investors’ and Exporters’ (I&E) window, on Tuesday as shown on the FMDQ website. This was the lowest depreciation in...