Business

March 06, (THEWILL) - Elated Shareholders of Cadbury Nigeria Plc woke up on Friday, April 11, 2008 to discover that they had bought the company’s shares on the basis of cooked audited financial statement. The African leading maker of...

March 06, (THEWILL) - The cost of Jet A1, otherwise known as aviation fuel, has remained a major challenge for airline operators in Nigeria. As of February 2021, aviation fuel was sold for N190 per litre. By February 2022,...

March 06, (THEWILL) - Recent developments in the Seplat/ExxonMobil share acquisition deal have confirmed fears that the transaction might hit the brick wall of the Nigerian National Petroleum Company Limited (NNPC). Coming on the heels of the newly enacted...

March 06, (THEWILL) - As part of its business expansion strategy and to meet growing demands from its customers, Dobi AgriCo has launched 12 newly constructed greenhouses. This expansion is in line with the overall ambition of the business, its...

March 04, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of N37.5bn for the month of September 2021, representing a 352.35 percent increase from the N8.29bn surplus in August 2021. Details of the figures...

March 03, (THEWILL) - The Board of Seplat Energy Plc has announced the resignation of Mr Austin Avuru, a former Chief Executive Officer (CEO) of the company from its Board of Directors. “The Board of Seplat Energy Plc today announces...

March 02, (THEWILL) - Nestlé Nigeria Plc recorded a surge in its revenue stream as its profit after tax (PAT), also closed in the green in the 2021 financial year. In a statement published on Wednesday and made available to...

March 01, (THEWILL) - Africa’s largest cement producer, Dangote Cement, says its commitment to environmental sustainability is yielding the desired results with the Carbon Disclosure Project (CDP) raising its rating from C to B-. The CDP, an international non-profit organisation...

March 01, (THEWILL) - Nigeria’s biggest bank by market capitalisation, Zenith Bank Plc, has reported impressive performance for its 2021 full-year (FY) operations as profit after tax (PAT) rises to N244.5 billion – the best so far. This reflects a...

February 27, (THEWILL) - Happenings in the Nigerian business and social circles for over two weeks now show that the off-spec premium motor spirit (PMS), popularly called petrol, imported by Nigeria National Petroleum Corporation Limited (NNPC’s) Direct-Sale-Direct-Purchase (DSDP) contractors,...