Business

July 17, (THEWILL) - When Dr A.B.C. Orjiako, the immediate past Chairman of Seplat Energy Plc, addressed the shareholders of the firm at its 9th Annual General Meeting (AGM) on May 18, 2022, he expressed optimism about the company’s...

July 16, (THEWILL) - Tony Elumelu, the Chairman of United Bank for Africa (UBA), has expanded his business frontiers with the opening of a branch of the bank in the oil-rich Middle East country of United Arab Emirates (UAE). The...

July 16, (THEWILL) - Amid raging controversies against it, African financial technology (Fintech) company, Flutterwave has announced plans to shut down usage of its virtual dollar card service, ‘Bartercard’ effective from July 17th, 2022. This may worsen the image-fading challenge...

July 15, (THEWILL) - In June 2022, Nigeria’s inflation rate increased to 18.60 percent on a year-on-year basis – the highest in five years. This is 0.84 percent points higher compared to the rate recorded in June 2021,...

July 13, (THEWILL) - Seven months after its loss in Nigeria, international telecommunication company, Bharti Airtel and three other operators are to participate in the upcoming Fifth Generation network spectrum auction in India According to a list released by the...

July 13, (THEWILL) - The court of appeal sitting in Port Harcourt has ordered MultiChoice to sublicence some channels to Metro Digital, pursuant to the Nigerian Broadcasting Commission (NBC’s) code. MultiChoice is the South African owner of the satellite television...

July 13, (THEWILL) – Twitter says it has sued Tesla CEO Elon Musk in the Delaware Court of Chancery for terminating his $44 billion takeover bid. This development came days after Mr Musk terminated his Twitter takeover deal. Last Friday, Mr...

July 12, (THEWILL) – A team of Senior Lawyers led by Mr A.M. Makinde has approached a Federal High Court in Lagos, to seek the nullification of the approval given by CBN for the acquisition of Union Bank Plc...

July 12, (THEWILL) – THE Nigerian National Petroleum Company (NNPC) Limited has won a court decision temporarily blocking Exxon Mobil Corporation from selling its assets in Nigeria to Seplat Energy Plc. Bloomberg reports that a judge in Abuja granted...

July 11, (THEWILL) – Nigeria’s external reserves added $923 million in the past four weeks ending July 8, 2022 thus reversing the several months of downward trend. The reserves had, before the rise, declined steadily to $38.421 billion on June...