Business

FG Approves N59.7bn For Projects In Rivers Oil Communities

March 29, (THEWILL) - The Federal Government has approved N59.7 billion for some projects in oil-producing communities in Rivers State. Minister of Environment, Mohammed Abdullahi, disclosed this to State House Correspondents at the end of the Federal Executive Council (FEC)...

Senate Wants Banking Operations Resume in Oron

March 29, (THEWILL) - The Senate on Wednesday urged the Central Bank of Nigeria (CBN) to liaise with commercial banks in Oron Local Government Area of Akwa Ibom State to resume operations. This followed the stoppage of banking activities as...

Petrol to Sell at N400 Per Litre After Subsidy Removal – PENGASSAN

March 29, (THEWILL) - The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that fuel prices in Nigeria would be sold between N360 and N400 per litre after the removal of petroleum subsidy by the...

Oando Swings Back to Profitability as 2021 Revenue Crosses N722bn

March 29, (THEWILL) - Oando Plc recorded an increase of more than a half in turnover for 2021, according to its unaudited earnings report issued Wednesday. The increase helped the oil driller halt its two-year run of losses that began...

NCDMB Partners Women Engineers on STEM Education For Girls

March 29, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has partnered the Association of Professional Women Engineers of Nigeria (APWEN) towards promoting Science, Technology, Engineering and Mathematics (STEM) curricula in secondary schools across the country, with...

Tetra Pak Revs up Sustainable Packaging With ‘Better With Carton’ Campaign

March 29, (THEWILL) - Tetra Pak, the world's leading food processing and packaging solutions company continues its global commitment to ensuring improved food packaging by providing consumers with the highest quality packages. To create awareness among stakeholders about the...

CBN Issues Regulatory Guidelines For Change Of Operating Licence By Banks, OFIs

March 29, (THEWILL) – The Central Bank of Nigeria (CBN) has released new guidelines for commercial banks, mortgage banks, microfinance banks and Other Financial Institutions (OFIs), seeking to change their licence type through conversion, re-categorisation and re-designation. The apex bank...

Zenith Bank Records 24% Double-Digit Growth In Gross Earnings

March 29, (THEWILL) – Zenith Bank Plc has declared its audited results for the year ended December 31, 2022, achieving an impressive double-digit growth of 24 percent in gross earnings from N765.6 billion reported the previous year to N945.5...

Air Peace To Commence Direct Flight To Israel April 20

March 28, (THEWILL) - Indigenous airline, Air Peace has concluded all arrangements to commence the first direct flight from Nigeria to the State of Israel on April 20, 2023. Before now, Nigerians and Israelis travelled for 27 hours between the...

NGX Commends Otedola, Geregu for Corporate Governance, Power Sector Leadership

March 28, (THEWILL) - Nigerian Exchange Limited (NGX) has commended the Chairman, Geregu Power Plc, Mr Femi Otedola, CON, and the firm’s Board for instituting best practices in corporate governance and playing a leading role in the country’s power...