Business

November 21, (THEWILL) - Nigeria’s major food and beverage manufacturer, Rite Foods Limited, says it will participate in the 2nd Intra-African Trade Fair (IATF) in Durban, South Africa in November. The company says it will use the opportunity to...

November 21, (THEWILL) - The Director-General of Securities and Exchange Commission (SEC), Mr Yuguda Lamido, has disclosed that the Commission spent over N6 billion on staff salaries in 2021. Added to other overhead costs, the total expenditure is N8...

November 21, (THEWILL) - A recent report by the International Monetary Fund (IMF) has shown that Nigerian banks closed 234 branches and 649 Automated Teller Machines (ATM) in 2020, leading to a decline in the country’s Financial Access Score...

November 21, (THEWILL) - Shareholders of Unilever Nigeria Plc, a major Fast-Moving Consumer Goods (FMCG) firm, will witness another dividend drought this year as the company wriggles out of the loss terrain it slid into about two years ago....

November 21, (THEWILL) - In recent times, some Nigerian airports have been in the news for issues that have to do with security lapses.  These lapses include runway encroachment, pilfering, touting, loitering and extortion, among other vices that are contrary...

November 20, (THEWILL) - The International Monetary Fund (IMF) has advised the Nigerian government to fully remove fuel and electricity completely early next year and move to a market-based pricing mechanism. The Fund, in a statement at the end of its 2021...

November 18, (THEWILL) - First Bank Nigeria Limited has announced the launch of a fully automated self-service branch, the FirstBank Digital Experience Centre. A statement by the Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney, said the automated branch was built to ease...

November 18, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) growth rate slowed  to 4.03% in the third quarter of the year (Q3 2021) from 5.01% in the previous quarter, the National Bureau of Statistics (NB) said on Thursday. The GDP...

November 18, (THEWILL) - The World Bank says the price increases that occurred between June 2020 and June 2021 could push about six million Nigerians into abject poverty. This was disclosed by the Bank in a new report titled: ‘Covid-19...

November 16, (THEWILL) - Royal Dutch Shell has announced plans to relocate its headquarters to London, in the United Kingdom (UK) as part of proposals to simplify the company’s structure with the consolidation of its dual British and Dutch...