Business

.... As Aviation Experts Advise On Merger Option BEVERLY HILLS, January 16, (THEWILL) - At least three new entrants into Nigeria's aviation industry, Green Africa Airways, United Nigeria Airline and Nigerian Eagle are set to commence full commercial operation soon. While...

BEVERLY HILL, January 15, (THEWILL) - The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Friday announced the completion of the sale of its shares in Oil Mining Lease (OML) 17 to TNOG Oil and Gas Limited. A statement by...

BEVERLY HILL, January 15, (THEWILL) - Buying pressure on mid-cap stocks comprising Flour Mills, Presco, Nigerian Breweries and UACN, as well as MTNN, Nigeria’s second most capitalised company, led the Nigerian stock market to a further gain on Friday as...

BEVERLY HILL, January 15, (THEWILL) - Nigeria’s inflation rate rose to 15.75 per cent in December 2020, hitting the highest level in 32 months, according to data by the National Bureau of Statistics released Friday. This is 0.86 per cent...

BEVERLY HILL, January 15, (THEWILL) -  Africa’s war against desertification has received a boost with a donation of $25.5 billion coming from the World Bank, Africa Development Bank (AfDB) and the government of France. The donors are supporting the 8,000-kilometre-long Great...

BEVERLY HILL, January 15, (THEWILL) - Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years. Akinwumi Adesina, AfDB President, who disclosed this at the...

BEVERLY HILL, January 15, (THEWILL) -  In a bid to finance a gap of N192.49 billion contained in its 2021 budget, the Lagos State Government has announced a plan of exploring several sources including bonds and domestic, foreign borrowing. Commissioner for...

BEVERLY HILL, January 14, (THEWILL) - Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift. Also contributing to the uptrend...

BEVERLY HILL, January 14, (THEWILL) - FMDQ Securities Exchange Limited has approved the quotation of the Total Nigeria PLC ₦2.25 billion Series 1 and ₦12.75 billion Series 2 Commercial Papers under its ₦30.00 billion CP Issuance Programme. Also approved are...

BEVERLY HILL, January 14, (THEWILL) - In pursuit of financial service innovations within the digital space of its mandate, the Central Bank of Nigeria (CBN) has unveiled frameworks for implementing two policy initiatives meant to achieve this objective. In two related...