Business

Dangote Sugar To Merge With NASCON, Dangote Rice

August 31, (THEWILL) - Dangote Sugar Refinery Plc is to merge with NASCON Allied Industries and Dangote Rice after the trio agreed to the terms and conditions clearing the path for their integration into a single entity. The proposal will...

Akwa Ibom Govt Shuts Illegal Mining Company Run by Chinese

August 31, (THEWILL) - The Akwa Ibom State Government has closed down a Chinese mining firm, Ruitai Mining Company, for failing to produce an operation licence. The state’s Commissioner for Environment and Mineral Resources, Uno Eno, said this when he...

FMDQ Group Wraps Up 2023 Financial Literacy Summer Camp Programme

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August 30 (THEWILL) - FMDQ Group Plc, has successfully completed the 4th edition of its FMDQ-Next Summer Camp Programme at its business complex, Exchange Place, in Lagos. The programme, which is part of its commitment to fostering financial literacy in...

Anxiety As Customs Begins Implementation Of VAT On Diesel

August 30 (THEWILL) - Concerns have been raised among businesses and households over the introduction of value-added tax (VAT) by the Nigeria Customs Service (NCS).on imported automobile gas oil (AGO) popularly called diesel. The NCS made this known in a...

Zenith Bank Appoints Dr Juliet Ehimuan as Non-Executive Director

August 30, (THEWILL) - The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced in a statement to the Nigerian Exchange...

Nigeria’s Equities Market Hits Highest Level in 15 Years As Naira Tumbles to N775.34/$ on I&E Window

August 29, (THEWILL) – Nigeria’s equities market attained its peak level on Tuesday as the all-share index, which measures the overall performance of equities, climbed 0.5 per cent to 66,490.34 basis points as against 66,151.38 points on Monday....

MTN Nigeria, Seplat Energy Sign MoU On 5G2Business

August 29, (THEWILL) – MTN Nigeria has signed a 5G2Business Memorandum of Understanding (MoU) with Seplat Energy to deploy 5G services to facilitate business optimisation. Speaking on the MoU, Chief Enterprise Business Officer of MTN Nigeria, Lynda Saint-Nwafor, said:...

Nations That Prioritise Their Young Go Far – Elumelu

August 28, (THEWILL) – Billionaire businessman and Founder, The Tony Elumelu Foundation, Mr Tony O. Elumelu, has said that nations that prioritise their young in their development agenda go far. He said such an attitude has put advanced...

P/Harcourt Refinery To Be Back On Stream December, Warri Q1 2024 – Lokpobiri

August 27, (THEWILL) - The Federal Government has reiterated its commitment to end petroleum product importation, as efforts are being redoubled to restore the nation’s local refining capacity. The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, made...

Manufacturing Firms In Dilemma As Economic Woes Deepen

August 27, (THEWILL) - The 2023 interim half-year financial results of Nigeria’s manufacturing companies revealed that they are battling for breath as they struggled to lift margins. Their profit and revenue haul were severely impacted, while the key six...