Business

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...

April 09, (THEWILL) - The Federal High Court sitting in Lagos has vacated its interim order earlier restraining a Briton, Mr Roger Brown from parading himself as the Chief Executive Officer (CEO) of Seplat Energy Plc. Mr Brown, a...

As an Albatross that it is, the controversial issue of removal or non-removal of fuel subsidy has once again come to the front burner of public discourse, heating up the Nigerian polity. As the nation inches to the date...

The South Eastern Zone of the Association of Electricity Consumers of Nigeria (AECN) has decried the rate of tampering with facilities that provide public power in Abia State, saying it is a key security threat. “Any serious threat to the...

More Nigerian banks will soon commence effective offshore operations to actualise the licence granted them by the Central Bank of Nigeria (CBN) to establish offshore subsidiaries. Data from the CBN website showed that eight deposit money banks are licensed to...

Nigeria’s local currency, Naira, lost 10.2 per cent of its value in 2022, emerging as fifth among Africa’s worst-performing currencies in 2022, a report by the World Bank has shown. In its latest Africa’s Pulse report for April 2023, the...

FMDQ Securities Exchange Limited has approved the listing of the Dangote Industries Funding PLC N187.58 billion Series 1 (Tranche A & B) and N112.42 billion Series 2 Senior Unsecured Bonds under its N300.00 billion Debt Issuance Programme on its...

The Nigerian Exchange Limited has re-admitted Sterling Bank Plc on its official trading list after the Tier 2 lender completed its ongoing transformation to a financial holdings company. As part of the processes for the transformation, trading in the shares...

Air cargo market report in February, 2023 has shown that demand rose above pre-pandemic levels. In addition, demand fell by 7.5 per cent, compared to February 2022, an indication of half the rate of annual decline seen in the...

Nigeria’s current total public debt of N70 trillion Naira, if shared among the country’s estimated population of 220.2 million, places a debt burden of N317,850 on each citizen, according to data compiled by THEWILL. The 774 local government areas...