Business

May 07, (THEWILL) – At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX) Friday, May 6, a total of 466,280,200 shares in 7,442 deals, corresponding to a market value of NGN 5,308,884,130.43, were traded....

May 07, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has said that it has begun the process of paying depositors in three failed micro-finance banks. The NDIC will between May 9 and May 20, begin the claims verification of depositors...

May 06, (THEWILL) - After months of negotiations and proper preparation of documentation, Flour Mills of Nigeria Plc, a Nigerian agro-allied group led by Greek investor, John Coumantaros, has announced that it has acquired a 71.69-percent stake in Honeywell Flour Mills,...

May 05, (THEWILL) - World richest man, Elon Musk, on Thursday, revealed that he has secured $7 billion in new funding commitments for his $44 billion Twitter takeover. He confirmed receipt of letters committing a total of about $7.139 billion in...

May 05, (THEWILL) - The Organisation of Petroleum Exporting Countries (OPEC) has said it will maintain the monthly oil output, despite a proposed plan by the European Union (EU) to ban oil and gas supply from Russia. OPEC disclosed this in...

May 05, (THEWILL) -Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the same period last year. But the firm said pulling out of Russian oil and gas, due...

May 05, (THEWILL) - Nigeria biggest lender in the SME space, Access Bank Plc, is collaborating with the Ministry of Humanitarian Affairs, Disaster Management and Social Development, to roll out the Government Enterprise and Empowerment Programme GEEP 2.0 in all...

May 05, (THEWILL) - Telecommunication companies under the Association of Licenced Telecom Operators of Nigeria (ALTON), have demanded upward reviews in voice calls, short message services (SMS) and data costs. ALTON said this in a letter addressed to the Nigerian...

Commercial and government users’ accounts on Twitter may have to pay a “slight” fee to stay on the platform, Tesla CEO, Elon Musk, has said. Mr Musk said this Wednesday, a week after Twitter agreed a definitive deal to sell...

May 04, (THEWILL) -Oil prices rose on Wednesday, ahead of the periodic meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies. Brent crude futures, the global oil benchmark, climbed 3.35 percent to $108.25 a barrel at 10.20...