Business

Zenith Bank Wins ‘Best Corporate Governance Financial Services’ in Africa Award for the Fourth Consecutive Time

May 31, (THEWILL) - For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition...

Two Weeks To Tenure-end, Senate Approves N1.4trn NDDC Budget

May 31, (THEWILL) - Two weeks to the end of its session on June 11, the Senate on Tuesday approved over N1.4 trillion for the 2021 and 2022 budgets of the Niger Delta Development Commission (NDDC). Specifically, the total amount...

NASCON Gets Substantive MD, Appoints Dangote’s Daughter as Director

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MAY 31, (THEWILL) - NASCON Allied Industries Plc, makers of Dangote Salt and Seasoning, has confirmed the appointment of Thabo Mabe as its substantive managing director, the company said Tuesday. The board of directors of the salt manufacturer disclosed in...

Equities Market Records All Time High as Investors in MTN, Dangote, Transcorp, Others Gain N1.5trn

May 31, (THEWILL) - Nigeria Equities Market recorded an unusually bullish trend at the close of trading on Tuesday, May 30, after the public holiday to mark the inauguration of the Bola Ahmed Tinubu administration on Monday, May 29. In...

Fuel Scarcity: Consumer Protection Agency Wades In To Avert Exploitation

May 30, (THEWILL) – The Federal Competition and Consumer Protection Commission on Tuesday said it will ensure that filling stations sell petroleum products in compliance with the law to prevent hardship on Nigerians. The commission made this known Tuesday...

Tinubu Unveils Steps To Halt Economic Decline

May 29, (THEWILL) - President Ahmed Tinubu has unveiled steps to halt Nigeria’s declining economy characterised by poverty, unemployment, high inflation rate and dwindling investment inflow. Tinubu disclosed this during his inauguration speech in Abuja on Monday, May 29,...

52% Of Nigerian Professionals Want To Quit Their Jobs, Relocate Abroad – Phillips Consulting

According to a recent survey by Phillips Consulting, over half (52%) of Nigerian professionals are considering leaving their current jobs and moving abroad within a year. The Talent Management Report, “A New World Order: Shifting Paradigms in Addressing the...

Prices Of Cooking Gas, Kerosene Rise In April Amid Surge In Inflation Rate

As Nigeria’s inflation rate maintains an upward trend, hitting 22.2 percent in April, the National Bureau of Statistics (NBS) says prices of basic energy sources – cooking gas and kerosene - also increased during the period. The average price...

Elumelu’s HH Capital Buys Additional 19.34m Units Of Shares In UBA Plc

HH Capital Limited, a Company founded by the Board Chairman of UBA Plc Mr. Tony Elumelu has acquired additional 19.338,220 million shares worth N162.44 million in the company. This was contained in a notice of share dealing by an insider...

NUPRC Issues New Laws To Regulate Nigeria’s Oil Sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has issued seven new regulations aimed at providing a regulatory environment that assures efficiency, predictability, clarity and effectiveness to the Nigerian oil and gas sector. NUPRC Chief Executive Gbenga Komolafe disclosed...