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World Bank Selects David Malpass As New President

SAN FRANCISCO, April 07, (THEWILL) - The Executive Directors of the World Bank have unanimously selected David Malpass as the new president of the World Bank Group for a five-year term to begin on April 9. A statement by the group...

Jeff Bezos, Ex-Wife Agree World’s Biggest Divorce Deal Of $36billion

World’s richest man and Amazon founder Jeff Bezos and his ex-wife, MacKenzie, have agreed the biggest divorce settlement in history, leaving him with 75 percent of their stock in the tech giant and giving her nearly $36 billion in...

UAE Denies Suspending Tourist Visa For Nigerians

SAN FRANCISCO, April 05, (THEWILL) - The United Arab Emirates has declared that it has not suspended issuance of its three-month tourist visa to Nigerian passport holders. The news was given undue credence following the arrest of five Nigerians for...

Eagles Move To Third In Africa In FIFA Ranking

BEVERLY HILLS, April 05, (THEWILL) - The Super Eagles of Nigeria are now ranked third in Africa after moving up four places to 42 in the latest FIFA ranking released on Thursday. The three-time African champions earned wins against Seychelles...

Nigeria To Issue First 30-year Naira Bond

BEVERLY HILLS, April 04, (THEWILL) - Nigeria will issue its first 30-year naira bond, the debt office said on Thursday, in a move to attract long-term investors and extend the maturity profile of its debt. Nigeria, Africa’s largest economy, has been...

IMF Projects Nigeria’s GDP To Grow By 2.5% In 2020

BEVERLY HILLS, April 04, (THEWILL) - The International Monetary Fund (IMF) has projected that Nigeria’s real Gross Domestic Product (GDP) will close at 2.1 per cent in 2019 and grow by 2.5 per cent by 2020. This growth projection is coming...

Pele Getting Better After Undergoing Treatment In Paris Hospital

BEVERLY HILLS, April 04, (THEWILL) - Football legend Pele was taken to a Paris hospital as a precaution on Wednesday after suffering from an “infection” but is “doing well”, according to members of his entourage. The 78-year-old Brazilian three-time World Cup...

Oando’s Plan to Deleverage and Remain Profitable

BEVERLY HILLS, April 03, (THEWILL) - Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’ Nigerian assets, its chief executive Adewale Tinubu told Reuters. Oando has transformed itself...

UN Raises Alarm Over High Prospect Of Nuclear War

BEVERLY HILLS, April 03, (THEWILL) - The United Nations has warned that the threat of a nuclear weapon being used is now “higher than it has been in generations.” The UN High Representative for Disarmament Affairs, Izumi Nakamitsu, gave the warning...

Brexit: Theresa May Seeks Extension, Offers To Work With Labour’s Corbyn

BEVERLY HILLS, April 03, (THEWILL) - Prime Minister Theresa May said Tuesday she would ask the EU to delay Brexit again to avoid Britain crashing out of the bloc next week, signalling she could accept a closer relationship with Europe...

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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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