May 06, (THEWILL) - Clearing agents have again abandoned vehicle clearance at the Tincan Island Port, Lagos State, due to confusion over the unresolved issue of the 15% National Automotive Council (NAC) Levy.
The action, which will worsen the congestion problem...
May 06, (THEWILL) - After months of negotiations and proper preparation of documentation, Flour Mills of Nigeria Plc, a Nigerian agro-allied group led by Greek investor, John Coumantaros, has announced that it has acquired a 71.69-percent stake in Honeywell Flour Mills,...
May 06, (THEWILL) - The Lagos State government on Thursday, said plans have reached an advanced stage to begin the construction of Badagry Seaport in the state.
Governor Babajide Sanwo-Olu made the disclosure in Lagos at the All Markets Conference 2022...
May 05, (THEWILL) - World richest man, Elon Musk, on Thursday, revealed that he has secured $7 billion in new funding commitments for his $44 billion Twitter takeover.
He confirmed receipt of letters committing a total of about $7.139 billion in...
May 05, (THEWILL) - The Organisation of Petroleum Exporting Countries (OPEC) has said it will maintain the monthly oil output, despite a proposed plan by the European Union (EU) to ban oil and gas supply from Russia.
OPEC disclosed this in...
May 05, (THEWILL) - The Nigeria Interbank Settlement System (NIBSS) has said that 73.8 million bank accounts are yet to be linked to Bank Verification Number (BVN), nine years since the policy was introduced in February, 2014.
The BVN is...
Commercial and government users’ accounts on Twitter may have to pay a “slight” fee to stay on the platform, Tesla CEO, Elon Musk, has said.
Mr Musk said this Wednesday, a week after Twitter agreed a definitive deal to sell...
May 03, (THEWILL) - Nigeria’s foremost indigenous energy company, Seplat Energy Plc, has said that it is still awaiting the next action by the government, over the assets acquisition deal it struck with Mobil Producing Nigeria Unlimited (MPNU), earlier...
May 03, (THEWILL) - Subscribers of MTN Nigeria Communications PLC, paid nothing less than N31.62 billion as Value Added Tax (VAT) on calls and data consumed in the first quarter of 2021. According to information contained in the firm’s...
May 02, (THEWILL) - The National Pension Commission (PenCom), has revealed that some Pension Fund Administrators (PFAs) resorted to mergers and acquisitions arrangement to beat the April 27, 2022 deadline, for the operators to recapitalise.
The apex pension regulator had approved...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
