Business

SAN FRANCISCO, May 23, (THEWILL) - Managers of Nigeria’s economy have every reason to smile, as Brent crude oil rose above 80 dollars a barrel on Tuesday. This followed concerns that falling Venezuelan crude output and a potential drop in Iranian...

SAN FRANCISCO, May 23, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again retained interest rate at 14 percent, the country’s highest in 10 years. Cash reserve ratio (CRR) and liquidity ratio were...

SAN FRANCISCO, May 21, (THEWILL) - The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief Executive Claudio Descalzi, over a 1.3 billion dollars oil deal in Nigeria,...

SAN FRANCISCO, May 21, (THEWILL) - Nigeria Bureau of Statistics (NBS), on Monday, said that the country’s economic growth slowed to 1.95 percent in first quarter of 2018, Q1’18, from 2.11 percent in fourth quarter of 2017, Q4’17. The oil sector’s...

SAN FRANCISCO, May 18, (THEWILL) - Despite the huge N500 billion mark up on the Federal Government’s expenditure outlay in the 2018 Appropriation Bill as passed by the National Assembly, the government is still going to hit budget surplus at...

BEVERLY HILLS, May 03, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the execution of a bilateral currency swap agreement with the Peoples Bank of China (PBoC) following a culmination of over 2 years of painstaking negotiations by...

SAN FRANCISCO, May 01, (THEWILL) - Following its award of preferred bidder status by the Federal Government of Nigeria in May 2017, the International Consortium led by GE last Friday in Washington D.C, signed an agreement to proceed with...

SAN FRANCISCO, April 23, (THEWILL) - Keystone Bank Limited, has partnered with a ‘Cash Reward as-a-Service Company’, CeLD Innovations Limited, to launch a ground-breaking product, ‘CashToken’, a new age of hyper consumer centricity in Nigeria. The new innovative product, CashToken,...

BEVERLY HILLS, April 18, (THEWILL) - Justice Binta Nyako of the Federal High Court, Abuja has stopped the planned sale of 9mobile (formerly Etisalat Nigeria) following the opposition to the transaction raised by some aggrieved shareholders of the company. Justice...

BEVERLY HILLS, April 17, (THEWILL) - The Economic and Financial Crimes Commission (EFCC) has busted the activities of an online company, Swiss Golden Company Limited, which defrauded over 7,000 Nigerians to the tune of over N3 billion. This was disclosed...