Business

Ararume: Group Urges FG to Obey Court Orders

April 25, (THEWILL) – A Non-Governmental Organisation (NGO), Justice Now Coalition, has called on the Federal Government to obey the court judgement on the case of wrongful removal of Sen. Ifeanyi Araraume as non-executive Chairman of the board...

NDIC Commences Verification Of Insured Depositors Of Defunct Peak Merchant Bank

April 24, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of their insured sums. This is in line with its mandate of deposit guaranty and reimbursement...

PenCom Assures On Further Diversification Of Investments Amid Rising Inflation

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The National Pension Commission (PenCom) has said it is further diversifying investments in pension fund portfolio assets as inflation rates continue to rise. The move is in a bid to ensure that average annual pension fund returns for Retirement Savings...

Nigerians To Pay More For Imported Cars

April 24, (THEWILL) – Nigerians will, effective May 1, 2023, pay more for imported cars as port operators give notice of increase in handling charges. The Ports and Terminal Multipurpose Limited has slammed an additional N50,000 per unit...

Decade of Gas: Wabote Advocates Annual Reporting on Implementation

April 23, (THEWILL) - As Nigeria navigates the 3rd year of implementing the Decade of Gas Programme of the Federal Government, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advocated...

Nigeria’s Economy: Path to Prosperity

It is a given that the incoming Federal Government of Nigeria will have to decisively tackle the macroeconomic challenges of a fraudulent and wasteful petrol subsidy regime; our debt, revenue and resource allocation crisis; and a broken foreign exchange...

Onyeali-Ikpe, Olusanya Make Top 10 on 2023 Definitive List of Women CEOs

The third annual Africa.com Definitive List of Women Chief Executive Officers (CEOs) was revealed on April 19. Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding Company made the top 10 list. Both...

Ibom Air Receives International Safety Certification

Ibom Air, a commercial airline owned by the Akwa Ibom State Government, has received a safety certification from the International Air Transport Association (IATA). The Chief Executive Officer of Ibom Air, Mfon Udom received the IATA certificate at the airline...

Transport Safety: NSIB Seeks Collaboration With NSCDC

The Nigerian Safety Investigation Bureau (NSIB) is seeking partnership with the Nigeria Security and Civil Defence Corps (NSCDC) on how to further ensure safety in all modes of transportation across the country. The two bodies have also agreed to draft...

NBS set to Release Unemployment Data in May

The National Bureau of Statistics says it will publish the new unemployment and employment figures for the country before the end of May 2023. The bureau said this in its “Nigeria Labour Force Framework Re-design 2023 report released on its...