Business

Union Bank of Nigeria Delists From Stock Exchange

November 14, (THEWILL) - One of the oldest banks in Nigeria, Union Bank of Nigeria, has completed shareholders takeover and subsequently delisted from the stock exchange, The Nigerian Exchange Limited (NGX). THEWILL recalls that Union Bank received an offer from...

Afrinvest to Unveil 2023 Nigerian Banking Sector Report

November 14, (THEWILL) - Afrinvest West Africa Limited will be unveiling the 2023 Nigerian Banking Sector Report in Lagos on Tuesday, November 14, 2023. The report, with the theme, ‘Getting Nigeria to Work Again!’ will be unveiled by...

Wabote Warns Against Importation of Crude for Nigeria’s Refineries

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November 14, (THEWILL) - The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are...

NNPC Foundation Trains Youth Corps Members on Financial Literacy

November 12, (THEWILL) - In its bid to build the capacity of youth towards making them employers of labour, the NNPC Foundation, in partnership with Kudimata Nigeria Limited, a financial education outfit, have trained the Batch C members of...

Stakeholders Laud NNPC/Aiteo JV Nembe Crude Oil Grade Launch

November 12, (THEWILL) - Stakeholders and industry experts have commended the recent NNPC/Aiteo Joint Venture Nembe Crude Oil Grade describing it as a huge milestone in Nigeria’s oil and gas sector. Engr. Okwudili Akobundu who runs a private oil and...

NLNG Not Responsible For Hike In LPG Price – Official

November 12, (THEWILL) - The Nigeria Liquefied Natural Gas Limited (NLNG), says the company has not increased the price of Liquefied Petroleum Gas (LPG). Andy Odeh, general manager, External Relations and Sustainable Development, NLNG, dismissed the alleged report of the...

Supplementary Budget: FG Seeks N1.7trn Ways and Means Loan From CBN

November 12, (THEWILL) - In a curious twist of events, the Federal Government has asked the Central Bank of Nigeria (CBN) for a loan of around N1.7 trillion to help it fund the 2023 supplementary budget, two sources familiar...

Cadbury Nigeria Grows Revenue By N59bn In 9 Months

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...

FG Earns N14.38trn From Extractive Sector In 2 Years – NEITI

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...

NESG Moves To Strengthen Food Safety

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...