Business

July 10, (THEWILL) – Nigeria’s 10-Year Strategic Road Map, anchored by the Nigerian Content Development and Monitoring Board (NCDMB) will impact the Nigerian National Petroleum Corporation (NNPC), which transforms to a limited liability entity this month (July 18, 2022)....

July 09, (THEWILL) – Social media giant, Twitter, says it would pursue legal action after Tesla Chief Executive Officer, Elon Musk informed the company’s board that he is terminating his $44 billion merger agreement. Twitter chairman board of directors,...

July 09, (THEWILL) – Fidson Healthcare is to pay shareholders over N1 billion in dividend and also issue them one new share for every 10 they own in the company, both representing the planned compensation for holders of its...

July 08, (THEWILL) – Airtel Africa Plc has settled $450m worth of senior notes, prior to its maturity by 2024. The Group said the early redemption was made out of its cash reserves and is in line with its strategy...

July 08, (THEWILL) – President Muhammadu Buhari on Thursday, joined African leaders in Dakar, Senegal, to launch $93 billion package geared towards a “robust and resilient economy for Africa.” The sum is the largest financial package ever mobilised in the...

July 07, (THEWILL) – The Director General of the Bureau of Public Enterprises (BPE), Alex A. Okoh, says 16 firms have been pre-qualified for the privatisation of five National Integrated Power Projects (NIPPs) in the country. Okoh made this...

July 07, (THEWILL) – Nigeria’s beleaguered power sector has run into deeper troubles as the Federal Government in conjunction with Fidelity Bank and AMCON takes over the affairs of five electricity distribution companies, also known as DISCOs. This follows lingering...

July 05, (THEWILL) – Zenith Bank Plc has emerged as the best commercial bank in the country in the World Finance Banking Awards 2022, retaining it for a second consecutive year. The bank was also named as the best corporate...

July 05, (THEWILL) – The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday, said regular investment was needed in view of global oil sector requirement of cumulative investments of $11.8 trillion in the upstream, midstream and downstream, through...

July 05, (THEWILL) – Zimbabwe’s central bank on Tuesday, said it would start selling gold coins as a store of value to tame runaway inflation, which had considerably weakened the local currency. The Central Bank governor, John Mangudya, said in...