Business

Nigerian Breweries Records 30% Revenue Growth In Q1 2022

April 26, (THEWILL) - Nigeria’s leading brewer and key player in the Fast Moving Consumer Goods sector, Nigerian Breweries Plc, has announced a N137.8 billion revenue in the first quarter (Q1) of 2022, compared with N105.7 billion generated in the...

Airtel Receives Licence For Super Agent Operations

April 26, (THEWILL) - The Central Bank of Nigeria (CBN), has awarded Airtel Mobile Commerce Nigeria Ltd, a subsidiary of Airtel Africa Plc, the full Super Agent licence to operate as an agency network. Super agents are businesses that have been...

Elon Musk Buys Twitter For $44B

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April 25, (THEWILL) - Twitter's board has accepted an offer from billionaire, Elon Musk, to buy the social media company for roughly $44 billion and take it private. "Twitter Inc. (NYSE: TWTR) today, announced that it has entered into a...

ipNX Commends NCC for Efficient Regulatory Services

April 25, (THEWILL) - Key members of the top echelon of the Management of ipNX, a licensee of the Nigerian Communications Commission (NCC), were at the Commission recently for a courtesy visit. The delegation from ipNX, led by the Group Managing...

BUA Cement Sees Profit Surge After Opening New Plant

April 25, (THEWILL) - BUA Cement Plc posted an appreciable growth in top-line as well as in bottom-line for last quarter, according to its unaudited earnings report for the period issued Friday, coming after its new cement factory launched this...

OPIC Generates 42.6% Revenue For Q1 In Property, Housing Sector

April 25, (THEWILL) - The Ogun State Property and Investment Corporation (OPIC) has generated 42.6 per cent of its total revenue in various housing projects for the first quarter of 2022 budget. The Committee on Trade, Industry and Investment of the...

FMDQ Approves Quotation of N10bn CardinalStone Partners C/Paper

April 25, (THEWILL) - The Board Listings and Markets Committee of the FMDQ Securities Exchange Limited has approved the quotation of the CardinalStone Partners Limited N10 billion Series 2 Commercial Paper (CP) under its N10 billion CP Issuance Programme on...

Sterling Bank Plc: Stakeholders Express Disapproval of ‘Offensive’ Easter Advert

April 25, (THEWILL) - Many stakeholders and industry players have expressed indignation and disappointment over the Easter advert slot published by Sterling Bank Plc, a Mid-Tier lender quoted on the Nigerian Exchange (NGX). The publication, now called ‘Sterling Bank Agege...

ILO, UI Certify SCREAM Trainers to Fight Child Labour

April 25, (THEWILL) - The ACCEL Africa Project in Nigeria is strengthening systems and providing stakeholders across spheres of the society with the skills and tools required to urgently eliminate child labour and achieve SDG Target 8.7 by 2025 The International...

Nigeria’s Airports Record 43.41% Increase in Domestic Passengers

April 25, (THEWILL) - Nigeria’s airports, put together, have recorded 13 million domestic air passengers in 2021, up from 9 million in 2020.  According to data obtained from the Air Transportation report by the National Bureau of Statistics (NBS) released on...