Business

Eko, Ikeja Discos Begin Implementation Of New Tariff Plan

BEVERLY HILLS, September 02, (THEWILL) - Eko Electricity Distribution Company (EKEDC) and Ikeja Electricity Distribution Company (IE) have on September 1 commenced the implementation of a new Service Reflective Tariff Plan across their franchise areas. The distribution companies made the...

Covid-19: Heritage Bank To Foster Economic Growth Via Youth Empowerment Schemes

BEVERLY HILLS, September 01, (THEWILL) - As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow...

BREAKING: NSE Suspends Six Firms From Trading Shares

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BEVERLY HILLS, September 01, (THEWILL) - The Nigerian Stock Exchange (NSE) has suspended trading in the shares of six companies listed on its trading platform. As a result of this action, shareholders of the affected firms will not be able...

Dangote Endorses Okonjo-Iweala For WTO Top Job

BEVERLY HILLS, September 01, (THEWILL) - Africa’s richest man, Aliko Dangote, has endorsed the candidature of Nigeria’s former finance minister to replace Roberto Azevedo, as the Director General of the World Trade Organization (WTO). Okonjo is believed to be Africa’s...

Nestle Appoints Mauricio Alarcon as CEO West And Central Africa

BEVERLY HILLS, September 01, (THEWILL) - Mauricio Alarcon, has been appointed as the new Chief Executive Officer of Nestlé Central and West Africa Limited. A statement from the leading multinational food and drink processing conglomerate said the appointment of the...

Anxiety As Ihebuzo Hacks Access Bank Customers’ Data

BEVERLY HILLS, September 01, (THEWILL) - A Nigerian hacker Ihebuzo Chris has demonstrated that the walls built around the Access Bank network are vulnerable. The hacker who calls himself a python on Twitter gained access and extracted the data...

Oil Prices Rise Amidst Weakening US Dollar

BEVERLY HILLS, September 01, (THEWILL) - Oil prices recovered on Tuesday, erasing overnight losses, as investors moved into risk assets and away from the safe-haven U.S. dollar, which tumbled to multi-year lows. Brent crude futures climbed 49 cents or 1.1%...

UBA Promises To Release Q2 Financial Statements September 29

BEVERLY HILLS, August 31, (THEWILL) - The management of United Bank for Africa (UBA) Plc has said its results for the second quarter of 2020 should be released on or before Tuesday, September 29, 2020. The lender made this disclosure...

COVID-19: FG To Inject N600bn Into Agriculture For Food Security

BEVERLY HILLS, August 31, (THEWILL) - The Federal Government has said it would inject over N600 billion as stimulus-response into the agriculture sector to cushion the adverse impact of the coronavirus on the nation. This was revealed by the Minister...

N5trn Debt: AMCON Urges Senate To Compel Obligors To Pay

BEVERLY HILLS, August 30, (THEWILL) - Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru (ALK) has renewed the call for legislative support to his agency. The AMCON CEO made the call at the...