Business

April 13, (THEWILL) - Billionaire businessman, Mr. Femi Otedola has bought 5.5 percent stake in Transnational Corporation Plc (Transcorp), quoted under the tourism sector of the Nigerian Exchange (NGX). With this stake, Otedola has emerged the largest single individual shareholder...

April 13, (THEWILL) - Domestic carrier, Green Africa, has announced plans to expand its network across Nigeria, starting in August 2023. The value carrier, on Wednesday, said it will connect Abuja to Sokoto, Kano, Enugu, and Ibadan. In addition,...

April 12, (THEWILL) - The International Monetary Fund (IMF) Financial Counsellor and Director of the Monetary and Capital Markets Department, Tobias Adrian, has predicted that interest rates may remain high for some time as central banks battle with risks...

April 12, (THEWILL) – The International Monetary Fund (IMF) has said it spends about $640 billion annually on climate-related initiatives across the continents as 44 countries await to be considered for various programmes. The IMF also urged national governments...

April 11, (THEWILL) - Unilever Nigeria Plc says it is stopping the production of its popular home care brands as it struggles to sustain its operations in Nigeria’s tough operating environment. The products affected include the legendary OMO, Sunlight and...

April 11, (THEWILL) - The Bureau of Public Enterprises (BPE) has signed a tripartite agreement to commence the re-concession of the Lagos International Trade Fair Complex (LITFC). This is contained in a statement signed by BPE’s Head of Public Communications,...

April 11, (THEWILL) – The World Bank’s ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told AFP ahead of stakeholders’ meetings next week where key changes are expected to...

April 11, (THEWILL) – The World Bank has said that the growth rate in the economies of countries in Sub-Saharan Africa, including Nigeria, was sluggish in the first quarter of 2023. This fact is contained in the April 2023 edition...

April 10, (THEWILL) - Vice President Yemi Osinbajo has commissioned the CarbonVista Fund intended to solidify the agreement between the Nigeria Sovereign Investment Authority (NSIA) and Vitol S.A. The fund was commissioned on Monday, in the presence of Finance Minister,...

April 09, (THEWILL) - The National Pension Commission (PenCom) has warned members of the public against activities of an illegal group involved in unlawful activities concerning retired workers pension benefits. The group which goes by the name, Association of Pension...