Stakeholders in the nation’s aviation industry are becoming more worried, following a series of strikes embarked upon mostly by the workers' unions at the nation's airports. Key aviation unions involved in the disturbing development include: the National Union of...
The number of ‘Estimated Billing’ customers in the books of Nigeria’s 11 electricity distribution companies (DisCos) rose to 5.93 million in the fourth quarter (Q4) of 2022, according to the National Bureau of Statistics (NBS). This represents a 3.4...
April 29, (THEWILL) – Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270...
April 28, (THEWILL) - Billionaire businessman, Femi Otedola, has divested his newly acquired stake in Transnational Corporation of Nigeria (Transcorp) to Chairman Tony Elumelu, sources said on Friday,
This rests the scramble for the top ownership of the group.
The billionaire...
April 27, (THEWILL) - Tony Elumelu, the chairman of Transnational Corporation Plc (Transcorp), has acquired fresh 9.7 billion shares in separate deals in recent days, company documents revealed on Thursday.
The businessman turned the tables on the conglomerate’s two...
April 27, (THEWILL) - Fidelity Bank Plc, a leading financial institution, released its 2022 Audited Financial Statements on the Nigerian bourse Thursday.
The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in...
April 26, (THEWILL) - The Nigerian Exchange Group Plc (NGX Group) has announced the award of the EDGE certification to it.
By this, the organisation becomes the first exchange group globally and the first indigenous Nigerian organisation to be EDGE...
April 26, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over $1.1 billion on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Station project from its cash-flow.
The NNPC Limited...
April 26, (THEWILL) – Transnational Corporation (Transcorp) recorded a 63 percent decline in profit after tax to N3.2 billion in the first quarter (Q1) of 2023 compared to the corresponding period in 2022.
A look at the firm’s unaudited financial...
April 26, (THEWILL) – After losing N2.3 trillion revenue to oil theft in 12 months, Nigeria, Africa’s largest economy, has secured a $800 million facility from the World Bank to cushion the effects of the planned oil subsidy removal...
