Business

October 19, (THEWILL) - The Federal Government has allocated N3.36 trillion for fuel subsidy in 2023 as Nigeria’s debt profile hits $102 billion. Minister of Finance, Zainab Ahmed, who made this known on Wednesday, in Abuja, said the 2023 appropriation...

October 19, (THEWILL) - BUA Group has withdrawn its interest in the 50,000 hectares of land in Kogi State over the failure of the land to meet its intended purposes. This comes after the Kogi State Assembly threatened to revoke...

October 18, (THEWILL) - Price of cooking gas is set to rise further following the ravaging flood in the oil and gas producing areas of the country. Consequently, the Nigeria Liquefied and Natural Gas (NLNG) has declared force majeure as...

October 17, (THEWILL) - The former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido, wants the Nigerian National Petroleum Company Limited (NNPC) scrapped, describing it as ‘Money Pit’. He made the call to support the view of the...

October 17, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba and other experts from the global international markets will lead the discussions...

October 17, (THEWILL) - Fidelity Bank plc has announced the redemption of the $4 million Eurobond Notes due October 17, 2022. It would be recalled that the bank, on October 17, 2017, successfully issued a US$400 million 5-year Eurobond. The transaction...

October 17, (THEWILL) - President Muhammadu Buhari, is billed to attend this year’s 20th-anniversary celebration, Ofala, of the Obi of Onitsha, Igwe Alfred Nnaemeka Achebe (Agbogidi). The event is co-sponsored by Globacom and International Breweries Plc. Also expected at the prestigious...

In its continued efforts at supporting the improvement of business environment in Nigeria, the World Bank recently approved a US$750 million International Development Association (IDA) credit to prop Nigeria’s State Action on Business Enabling Reforms (SABER) Programme-for Results (PforR). Nigerian...

The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta has said telecom infrastructure is very critical to successful 2023 elections, therefore, every Nigerian in every community should join hands in protecting them for the benefit of...

October 16, (THEWILL) – The International Monetary Fund, IMF, has urged the Nigerian government to stop wasting the nation’s scarce resources on petrol subsidy. Instead, the Federal government should redirect the money spent on petrol subsidies to support vulnerable households. The...