Business

November 15, (THEWILL) - Access Holdings Plc has announced a significant milestone in its expansion strategy. Its banking subsidiary, The Access Bank UK Limited, has secured a binding agreement to acquire a majority equity stake in Afrasia Bank Limited, Mauritius’...

November 14, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced plans to raise N239.4 billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at N35.00 per share. The Rights Issue, which...

November 14, (THEWILL) - The Nigerian National Petroleum Company Limited, through its subsidiary NNPC Gas Marketing Limited, has signed a Gas Sale and Purchase Agreement with Dangote Petroleum Refinery and Petrochemicals FZE. This deal is expected to supply natural gas...

November 14, (THEWILL) - The Nigerian National Petroleum Company Limited has appointed Adedapo Segun as its new Chief Financial Officer, Isiyaku Abdullahi as Executive Vice President for Downstream, and Udobong Ntia as Executive Vice President for Upstream. In a statement...

November 12, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ngozi Ugboh, as a Non-Executive Director on the Group’s Board. The appointment has been duly approved by the relevant regulatory bodies...

November 11, (THEWILL) - There are indications that many Nigerian businesses will join the league of exited or closed firms in the coming year, mainly on account of high energy costs, both petroleum products and electricity, among other adverse...

November 11, (THEWILL) - The Kogi State Government says it has commenced processes leading to the establishment of a special economic zone with the status of a free trade zone to be located in the Ajaokuta economic development corridor...

November 11, (THEWILL) - The Special Adviser to the President on Energy, Olu Verheijen has urged investors to seize new opportunities in Nigeria’s energy sector, highlighting untapped potential and recent reforms to attract capital. Speaking to a diverse audience, at...

November 10, (THEWILL) – Access Holdings Plc, the parent company of Access Bank, Nigeria’s largest bank by assets, is inching towards a N50 trillion assets mark – the highest ever recorded by its industry peers. According to its Q3 2024...

November 08, (THEWILL) - A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas has been inaugurated at Lekki Free Zone, Lagos State, by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB),...