April 15, (THEWILL) – Nigeria’s annual inflation rate rose for the third straight month to 22.04 per cent in March from 21.91 per cent in the previous month, the National Bureau of Statistics (NBS) said Saturday.
The statistics office...
April 14, (THEWILL) - Fidelity Bank has sold a 10.4 percent controlling stake in the financial institution through private placement..
The disposed controlling stake worth N13.97 billion was sold to two unnamed investors.
According to a statement released by the bank...
April 14, (THEWILL) – The Central Bank of Nigeria (CBN) has issued a warning to the public regarding a fake recruitment portal that has been circulating.
The portal has been fraudulently inviting eligible members of the public to submit...
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...
