Business

Address Anxiety Over Oil Exploration in Bauchi, Gombe, Group Urges Govt

March 18, (THEWILL) - The Renevlyn Development Initiative (RDI) has berated the Federal Government for failing to prepare oil-bearing communities in Bauchi and Gombe states for potential environmental and health impacts of oil exploration in the region. RDI position...

CBN Set To Disengage 19 Directors – Report

March 18, (THEWILL) - The Central Bank of Nigeria (CBN) has concluded plans to disengage the services of 19 directors towards “reorganisational and human capital restructuring” efforts. According to reports, seven of the directors had already been served disengagement letters...

NIMC, NCC Unveil Collaborative Efforts to Enhance NIN-SIM Linkage Processes

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March 18, (THEWILL)- The National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) are pleased to announce a strategic collaboration aimed at enhancing processes related to the National Identification Number (NIN)-SIM linkage.   In recent times, the NIN-SIM linkage...

Nigeria: Finally, Hot Money is Here

March 17, (THEWILL)- It is no longer news that the continued collapse of the Naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures from the monetary authorities. Unfortunately, the more such new initiatives are unleashed,...

Nigeria Becomes Africa’s Largest Importer of Refined Petrol From Europe – S&P

March 17, (THEWILL)- Analysts at S&P Global Commodity Insights have revealed that Nigeria has become the largest importer of refined petrol in Africa as petrol shipments from Europe to Africa increase. Crude oil shipments from the Middle East to Europe...

Lagos Govt Speaks On Sugar-Sweetened Beverages

March 17, (THEWILL)- The Lagos state Government is considering a pro-health levy on Sugar-Sweetened Beverages (SSB) to boost public health and lower the rising non-communicable diseases (NCDs) burden. Commissioner for Health, Akin Abayomi, made the disclosure during a meeting with...

Nigeria’s Consumer Protection Agency Condemns Increase in Price of Sachet Water

March 17, (THEWILL)- The Federal Competition and Consumer Protection Commission (FCCPC) on Friday described the increase in the price of sachet water in the country as unacceptable and unfair. The FCCPC acting Executive Vice-Chairman/Chief Executive Officer, Adamu Abdullahi, disclosed this...

Our Investment in Agriculture Empowering Residents, Mbah Tells IFAD

The Enugu state Governor, Peter Mbah, has said that since assuming office, the administration’s investment drive has begun lifting poor citizens out of poverty. This was as the International Fund for Agricultural Development (IFAD) praised the governor for his vision...

UTM Solicits NCDMB’s Equity Investment, Approvals For Floating LNG Project

March 17, (THEWILL)- UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would...

Devaluation: Naira Loses 241% Value in 9 Months

March 17, (THEWILL)- The Nigerian naira lost 241.12 percent of its value in the official market in nine months of devaluation between June 14, 2023 and March 14, 2024 – amid the rollercoaster ride it experienced during the period. Following...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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