Business

December 10, (THEWILL) - Norwegian energy giant, Equinor has exited the upstream business in Nigeria and Azerbaijan after completing oil and gas asset sales of $2 billion. The divestments of assets and exits from operations in Nigeria were...

December 09, (THEWILL) - The ongoing recapitalisation of Nigerian banks must be executed in a manner that boosts investors’ confidence while guiding against short-changing them, industry experts and stakeholders have emphasized.   This view was expressed at the annual conference of...

December 08, (THEWILL) – FCMB Group Plc recently announced a pre-tax profit of N27.6 billion for the third quarter of 2024, up from N16.9 billion in the same period last year, and this points to a bountiful 2024 annual...

December 08, (THEWILL) – The Bank of Industry (BoI) and African Guarantee Fund (AGF) have signed a 50 million dollars portfolio guarantee agreement in support of the African Development Bank’s Group (AfDB) Affirmative Finance Action for Women in Africa...

December 08, (THEWILL) – Malta, the tiny European island country in the Mediterranean Sea, off the Italian coast, was among Nigeria’s top five trading countries in terms of import in the third quarter of the year (Q3 2924), according...

December 06, (THEWILL) - The World Bank has announced a record-breaking financial package to support the world’s most vulnerable countries, leveraging $24 billion in donor contributions to generate $100 billion in concessional financing through its International Development Association...

December 05, (THEWILL) - The President of the Chartered Institute of Taxation of Nigeria (CITN), Barrister Samuel Agbeluyi, mni, FCTI, has emphasised the critical role of the media in driving informed public discourse on tax reforms and fiscal policies. Speaking...

December 05, (THEWILL) – Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024, in recognition of its strong management, sound business model and strategy, and approach to sustainability...

December 03, (THEWILL) - The Federal Government has raised $2.2 billion in Eurobonds maturing in 2031 (6.5-year) and 2034 (10-year) in the international capital markets, with $700 million and $1.5 billion raised in the 2031 and 2034...

December 02, (THEWILL) - While Nigeria goes cap in hand across the globe in search of lenders to fund its unending budget deficits, reports by the Office of the Auditor-General of the Federation (OAuFG) reveal an endemic culture of...