Business

March 24, (THEWILL)- The Minister of Power, Adebayo Adelabu, has reiterated the federal government’s plan to raise electricity generation from 3,500 megawatts to 6,500MW within the next three to six months. During a working visit to various power projects in...

March 24, (THEWILL)- The Nigeria Customs Service (NCS) has announced the suspension of the 25 percent import duty penalty on improperly imported vehicles. The directive for the suspension came from the Minister of Finance and Coordinating Minister of the Economy,...

March 24, (THEWILL)- FBN Holdings Plc has appointed three new directors for the HoldCo and two more for the Bank marking the beginning of billionaire investor, Femi Otedola’s, tenure as chairman of the holding company. The holding company announced the...

March 24, (THEWILL)- The unending repairs of Port Harcourt Refinery is set to enter the second quarter of 2024 after missing the December 2023 target. The Federal Government had, through the Nigerian National Petroleum Company Limited (NNPCL), emphatically assured that...

March 24, (THEWILL)- At a time most African countries are sinking deep into the miry clay of poverty, the Tony Elumelu Foundation (TEF), the leading philanthropy empowering the continent’s entrepreneurs, on Friday, March 22, 2024 unveiled 1,104 beneficiaries of...

March 22, (THEWILL)- The Tony Elumelu Foundation (TEF) on Friday announced the selection of 1,104 beneficiaries from 54 African countries for the 2024 edition of its annual entrepreneurship programme. At a well-attended ceremony held in Lagos with participants and invited...

March 21, (THEWILL) - Leading philanthropy empowering African entrepreneurs, The Tony Elumelu Foundation (TEF), will on Friday, March 22, announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship entrepreneurship programme. The new beneficiaries will become...

March 21, (THEWILL) - Access Bank has signed an agreement to acquire the National Bank of Kenya from the KCB Group. This was announced by the Access Holdings’ secretary, Sunday Ekwochi on Wednesday after approvals from the central...

March 20, (THEWILL) - The Central Bank of Nigeria (CBN), says it has settled all valid foreign exchange backlogs of US$7 billion its Governor, Olayemi Cardoso inherited. CBN Acting Director, Corporate Communications, Mrs Hakama Sidi Ali, who disclosed this in...

March 19, (THEWILL)- Zenith Bank Plc, the country's most capitalised and most profitable bank, on Tuesday, appointed Dame Adaora Umeoji as the Group Managing Director effective June 2024, making her the first female to lead the bank, where she...