Business

BEVERLY HILLS, November 18, (THEWILL) – Airtel Nigeria is embarking on a strategic restructuring that will reposition the business and reinforce its competitiveness in the marketplace. This was disclosed Tuesday in a release signed by Emeka Oparah, director, corporate communications...

BEVERLY HILLS, November 18, (THEWILL) – Lagos State government says it will return to the Nigerian bond market to seek funding to complete ongoing capital projects and undertake new ones. This is as the Governor Akinwunmi Ambode-led government pushes to...

Nigeria has reported its first Gross Domestic Product (GDP) growth in 2015. Latest data from the National Bureau of Statistics show that Nigeria has recorded a GDP growth of 2.84% in real terms during the month of July to September...

Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin. The stock-and-cash deal, if completed, will add 50...

SAN FRANCISCO, November 16, (THEWILL) – The leading financial services institution in digital banking offerings in Nigeria, and across Africa, United Bank for Africa (UBA) Plc, appears set to change the payments landscape in Nigeria with the introduction of...

...Tiger Brands also reviewing investment in DFM ...DFM shares drop 4.7 pct ...Tiger Brands up more than 7 pct (Adds DFM shares, Dangote resigns from DFM board) South African consumer goods maker Tiger Brands has cut off funding to its Nigerian division...

The euro hit its weakest in more than six months against the yen on Monday as investors sought safety in gold and low-risk government debt after Friday's attacks in Paris. Oil prices edged up after France launched large-scale air strikes...

China's Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world's third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday. Chairman Zhao Weiguo also...

Global payment operator MasterCard Inc (MA.N) sees double-digit annual growth in credit card transaction volumes in China, lifted by the booming e-commerce industry in the world's second-largest economy, a senior executive told Reuters on Monday. China's plan to open up...

Japan slipped into its fourth technical recession in five years between July and September - spotlighting how the government's "Abenomics" policies have struggled to drag the economy out of chronic stagnation. Official data on Monday showed the world's third-largest economy...