BP, Vitol Clash Over Nigerian Crude Oil

Oil major BP has clashed with rival Vitol in the Nigerian crude market, buying up cargoes and taking a big derivative position that may...

Inflation Rate Rises After 18-Month Decline

BEVERLY HILLS, September 14, (THEWILL) - The National Bureau of Statistics, NBS, on Friday released the Consumer Price Index (CPI) which measures inflation with the...

Nigeria Named Best Economy In Africa By Forbes

SAN FRANCISCO, September 12, (THEWILL) - Globally recognised and respected research firm, Forbes Africa, has named Nigeria as the best economy in Africa. The firm made...

Alibaba’s Jack Ma To Unveil Succession Plan Next Week, Remain Chairman

Alibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire...

Apple Says U.S. Tariffs On China Would Hit ‘Wide Range’ Of Products

A “wide range” of Apple Inc (AAPL.O) products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods, the company...

MTN Fine: CBN Debits N5.87b From Four Banks

BEVERLY HILLS, September 06, (THEWILL) - The Central Bank of Nigeria (CBN) has debited the account of Standard Chartered Bank with N2.4 billion, Stanbic IBTC...

Lagos Tops As DMO Releases Debt Profile Of States

BEVERLY HILLS, August 30, (THEWILL) - Lagos has retained its position as the state with the highest foreign debt in Nigeria, with a debt portfolio...

Nigeria’s GDP Slowed In Second Quarter Of 2018 But Grew By 1.50%

SAN FRANCISCO, August 28, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) has grown by 1.50% in the second quarter, slower than the 1.95% growth...

Nigerian Banks Are Hiring More Staff

SAN FRANCISCO, August 20, (THEWILL) - Nigerian banks are hiring more staff, indicating that the sector is booming. The National Bureau of Statistics revealed in...

Nigeria’s Inflation Drops To 11.14% In July — NBS

SAN FRANCISCO, August 15, (THEWILL) - The Consumer Price Index (CPI), which measured inflation continued on downward trend in July by dropping to 11.14...