Business

Weather: NiMet Cautions Pilots, Airlines, Others Ahead of Rainy Season

As the rainy season begins in parts of the country, the Nigerian Meteorological Agency (NiMet), has warned pilots and the general public to be wary of thunderstorms and other hazardous weather events. In a release issued Monday by its General...

Speakers at Polaris Bank Webinar Advocate Empowerment of Women in Workplace, Society

A call has gone to organizations operating across all sectors in the country to create opportunities that empower women to fulfill their full potential for the good of society. The call was made by CEO of Digital Jewels, Adedoyin Odunfa...

NCDMB to Host 4th Nigerian Oil And Gas Opportunity Fair

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to organize the 4th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF), with the theme “The oil and gas industry- catalyst and fuel for the industrialisation...

Leveraging NigComSat, SBAS For Effective Air Navigation

The Nigerian Airspace Management Agency (NAMA) recently carried out a test-run of the Satellite Based Augmentation System (SBAS) in Abuja, which was aimed at enhancing safety in the country’s airspace and cutting cost for airline operators. In preparation for the...

Nigerian Breweries Plc: Directors’ Pay Climbs to N685m Amid 27% Profit Slump

The remunerations of Nigerian Breweries Plc directors rose to N684.9 million in 2022, from N612.1 million the corporate governance chiefs collectively received in the previous year. This represents a 12 percent rise in a year the company suffered a...

CFAO, Sinotruk Howo Sign Sales Distribution Deal

March 17, (THEWILL) - CFAO Equipment in Nigeria has signed up as the official co-distributor of Sinotruk Howo, a brand of heavy-duty trucks, manufactured by the China National Heavy-Duty Truck Group Co. Ltd. (CNHTC). The partnership, which was sealed...

Group Decries Media Attacks, Faults Allegations Against Seplat, CEO

March 16, (THEWILL) - A Non-Governmental Organisation (NGO), Empower Nigeria, has decried the spate of media attacks and image-smudging comments against the Chief Executive Officer, Seplat Energy Plc, Mr Roger Brown, bordering on claims of engaging in anti-Nigerian workers’...

Nigeria Spent N71.5bn on Palm Oil Imports in 2022

Nigeria spent N71.5 billion on the importation of palm oil in 2022, according to the National Bureau of Statistics (NBS). This was 28 percent lower than N98.7 billion recorded in the previous year. Palm oil falls under the nation’s foreign...

Nigeria’s Inflation Rate Soars Higher to 21.91% in February

March 15, (THEWILL) - Nigeria’s inflation rate inched further north hitting 21.91percent in February 2023 against 21.81 percent earlier in January, the National Bureau of Statistics (NBS) said Wednesday. This represents an increase of 0.09 points when compared...

Cash Crunch: Expert Predicts Drop in Q1 Nominal GDP

March 15, (THEWILL) - Former CEO, National Bureau of Statistics (NBS) and Statistician-General of Nigeria, Dr Yemi Kale, has predicted that Nigeria’s nominal Gross Domestic Product (GDP) in first quarter (Q1) of 2023 will drop by as much...