Business

April 20, (THEWILL) - Access Holdings Plc has announced the release of its audited financial statements for the year ended 31st December 2022, showing a 43 percent surge in gross earnings to N1.39 trillion from N971.89 billion reported in...

April 20, (THEWILL) - The Debt Management Office (DMO) has debunked media reports that the Federal government has defaulted on its Chinese debt obligations. The DMO made the clarification on Wednesday, while reacting to media reports which suggested the default....

April 20, (THEWILL) - The Ibadan Electricity Distribution Company (IBEDC) has 1.3 million estimated billing customers – the highest in Nigeria, as the country grapples with perennially poor supply, according to data by the National Bureau of Statistics (NBS). Ibadan...

April 19, (THEWILL) – There is palpable anxiety among Nigerians following the revelation that the country has failed to service its debt to China which has accumulated to N110.31 billion in the last two years. According to a report by...

April 19, (THEWILL) – The Major Oil Marketers Association of Nigeria (MOMAN), has said it is in support of the Federal Government’s plan to remove oil subsidy from June 2023. MOMAN’s position comes amid strong opposition from mainstream labour...

April 19, (THEWILL) – A Federal High Court in Abuja has nullified all decisions taken by the Board of the Nigerian National Petroleum Corporation Limited (NNPCL) between January 5, 2022 and April 18, 2023. The annulment was pronounced by...

April 18, (THEWILL) - NOVA Merchant Bank Limited announced its Audited Full Year 2022 financial results, showing an outstanding 107.9% year-on-year growth in profit before tax and the group year-on-year profit before tax of 98.2%. The financial institution’s...

April 18, (THEWILL) – ExxonMobil has declared force majeure on lifts from different terminals in the country following industrial action by the company’s in-house workers union, the company said on Monday in a statement. Spokesperson Michelle Gray in a...

April 18, (THEWILL) – The World Bank has said that Nigeria’s deteriorating fiscal crisis is worsening as Africa’s largest economy used 96.3 percent of its 2022 revenue to service debts. The fact was contained in the Macro Poverty Outlook for...

April 17, (THEWILL) - Governor Samuel Ortom has expressed optimism that with the resumption of commercial flight operations to Makurdi, Benue State, will raise business and economic activities to the advantage of the state. The governor, who made the disclosure...