Inflation Drops Marginally By 0.06 % In March – NBS

SAN FRANCISCO, April 16, (THEWILL) - The National Bureau of Statistics (NBS) said the country’s inflation measured by Consumer Price Index (CPI) in March...

Nigeria’s Daily Crude Production In 2018 Was 2.019m Barrels – NNPC

SAN FRANCISCO, April 16, (THEWILL) - The Nigeria National Petroleum Corporation (NNPC) has stated that Nigeria's daily crude oil production was 2.019m barrels in 2018. The...

Emefiele Woos Investors, Says Nigeria Ready For Business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready...

IMF Urges Nigeria To Remove Fuel Subsidy

BEVERLY HILLS, April 12, (THEWILL) - The International Monetary Fund (IMF) has urged Nigeria to remove fossil fuel subsidy and deploy savings from the scheme...

Nigeria’s Economy Is Performing Below Expectations – World Bank

SAN FRANCISCO, April 09, (THEWILL) - The World Bank Group has stated that Nigeria’s economy has performed below expectations since 1995. The group, in a...

Oando Announces Divestment Of Its Residual 25% Interest In Axxela Limited

BEVERLY HILLS, April 04, (THEWILL) - Oando PLC has announced that it has divested its residual 25% interest in Axxela Limited, held through Glover Gas...

Nigeria To Issue First 30-year Naira Bond

BEVERLY HILLS, April 04, (THEWILL) - Nigeria will issue its first 30-year naira bond, the debt office said on Thursday, in a move to attract...

IMF Projects Nigeria’s GDP To Grow By 2.5% In 2020

BEVERLY HILLS, April 04, (THEWILL) - The International Monetary Fund (IMF) has projected that Nigeria’s real Gross Domestic Product (GDP) will close at 2.1 per...

Oando’s Plan to Deleverage and Remain Profitable

BEVERLY HILLS, April 03, (THEWILL) - Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to...

Exxonmobil To Sell $3bn Stake In Nigeria Operations

BEVERLY HILLS, April 03, (THEWILL) - ExxonMobil, one of the International Oil Companies (IOCs) operating in Nigeria, has opened talks on the sale of some...