Business

At Last, Teleology Assumes Full Ownership of 9mobile, Appoints New Board

SAN FRANCISCO, November 12, (THEWILL) - Teleology, the firm that won the bid for troubled 9Mobile says it has taken possession of the embattled telecoms carrier and appointed a new Board of Directors after a protracted process. The move it said...

Economic Growth Is Overrated, Nigeria Deserves More

“Yet the gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our...

How Bank Supports Economic Summit, Growing Local Enterprises

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The need to raise Nigeria and Nigerians from poverty to prosperity was the anchor point for economists, captains of industries, key policymakers and corporate institutions like the First Bank of Nigeria (FBN) at the recent 24th edition of the...

NSE Sanctions Eight Banks Over Financial Statements

SAN FRANCISCO, November 12, (THEWILL) - The Nigerian Stock Exchange (NSE) has sanctioned eight banks with fines totalling N102.7m for failing to file their financial statements at the regulatory date. The Exchange requires quoted companies to file their unaudited quarterly accounts...

USA Now World’s Biggest Crude Oil Producer

SAN FRANCISCO, November 09, (THEWILL) - The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat. The U.S. crude production hit a whopping 11.6 million bpd, according to Energy Information Administration...

MTN’s Suit Against Attorney General Fixed For Dec 3

SAN FRANCISCO, November 08, (THEWILL) - A Federal High Court, Lagos, will on December 3 hear a suit by MTN Nigeria Communication Ltd against the Attorney General of the Federation challenging the legality of N242 billion and 1.3 billion dollars...

We’re Re-Defining Customer Service And Driving Sustainable Growth – Keystone Bank

SAN FRANCISCO, November 07, (THEWILL) - The Group Managing Director/CEO of Keystone Bank Limited, Obeahon Ohiwerei, has said that the bank has over the last 15 months, witnessed significant transformation both structurally and in market competitiveness. In a chat with...

Arunma Oteh Leaves World Bank

BEVERLY HILLS, October 30, (THEWILL) - Ms. Arunma Oteh, a former Securities and Exchange Commission (SEC) DG and current World Bank vice president, will leave her position at the Bank to join Oxford University as an academic scholar. Oteh, according to...

NNPC Records N7.15bn Trading Surplus For June

BEVERLY HILLS, October 30, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) says it has made N7.15 billion as trading surplus in the month of June, lower than N18.12 billion made in May. The Corporation disclosed this on its June...

Fidelity Bank’s 9 Months Profits Soar To N20bn, On Course to Deliver its 2018 Financial Targets

BEVERLY HILLS, October 27, (THEWILL) - Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2018 and is on course to finishing strong in the 2018 financial year. Details of the 9-months results for the...