Business

SAN FRANCISCO, October 15, (THEWILL) - The National Bureau of Statistics (NBS) on Tuesday released the Consumer Price Index (CPI) which measures inflation with the index rising to 11.24 per cent in September. The 11.24 per cent represents an increase of...

BEVERLY HILLS, October 15, (THEWILL) - The Federal Government has said that a target of three million barrels per day of oil production has been set and steps are being taken to realise it before the end of 2023. This...

An $875 million Nigerian government lawsuit against U.S. bank JPMorgan is clear to move forward after a London-based appeals court on Tuesday rejected the bank’s bid to have the case dismissed. The bank had asked the court to quash the...

Nigeria’s central bank plans to charge 12 banks a total of more than 400 billion naira ($1.3 billion) for failing to meet its minimum loan-to-deposit ratio requirement by a September deadline, three banking sources told Reuters on Thursday. The central...

SAN FRANCISCO, October 03, (THEWILL) - As part of efforts aimed at expressing appreciation to its loyal customers whilst engendering a good savings culture in the country, Keystone Bank Limited has launched a new savings promo tagged ‘Keystone Growbiz...

BEVERLY HILLS, September 26, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has signed an agreement with Nigeria Agip Oil Company (NAOC) and Oando, for the transfer of NNPC’s stake in three oil wells, Oil Mining Lease, OML, 61,...

A center-right politician who grew up in Bulgaria under Communism, Georgieva built a reputation during her time at the World Bank - where she has been on a leave of absence from her post as chief executive officer during...

The world’s oldest travel firm Thomas Cook (TCG.L) collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. The liquidation marks the end of one of Britain’s oldest...

SAN FRANCISCO, September 22, (THEWILL) - The Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed that the country’s daily consumption of petrol dropped from about 61 million litres to 50.22 million litres following the partial closure of Nigeria’s western...

BEVERLY HILLS, September 21, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5%. This is the sixth month the apex bank has maintained the rate after it...