US stock market suffers worst week in nearly a decade

After almost 10 years, Wall Street’s rally looks like it’s ending. Another day of big losses Friday left the U.S. market with its worst week...

ECA Drops By $1.68bn In Three Weeks To Fund Paris Club Refunds

BEVERLY HILLS, December 20, (THEWILL) - Mahmoud Isa-Dutse, the Permanent Secretary of the Ministry of Finance, says the balance of the Excess Crude Account (ECA)...

Unity Bank Wins CBN ‘Sustainable Transaction Of The Year In Agriculture’ Award

SAN FRANCISCO, December 17, (THEWILL) - Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for...

New York Sues Target, Walmart Over Lead-Contaminated Toys

Target Corp (TGT.N), Walmart Inc (WMT.N) and toy importer LaRose Industries were sued on Thursday over the sale of lead-contaminated children’s toys, New York...

Nigeria’s Inflation Rate Increased In November – NBS

SAN FRANCISCO, December 14, (THEWILL) - The National Bureau of statistics (NBS) has stated that the Consumer Price Index (CPI), which measured inflation increased...

Nigeria Files $1.1 Bln London Lawsuit Against Shell, Eni Over Oil Deal

Lawyers for the Nigerian government said they had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in...

$8.1bn Reparation: Judge Gives More Time For Settlement Between MTN, CBN

SAN FRANCISCO, December 12, (THEWILL) - A Federal High Court in Lagos, on Wednesday granted MTN Nigeria Communications Ltd, and the Central Bank of Nigeria...

Urjit Patel India’s Central Bank Governor Quits

The Governor of India’s central bank, Urjit Patel, resigned abruptly on Monday after a months-long tussle over policy with the government that has raised...

Nigeria’s GDP Growth Rate Rises To 1.81% In Third Quarter – NBS

SAN FRANCISCO, December 10, (THEWILL) - The National Bureau of Statistics (NBS) on Monday released the country’s Gross Domestic Product report for the third quarter...

NNPC Loses Over $800m Revenue To Contract breaches

SAN FRANCISCO, December 05, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has revealed that it lost over $800million revenue to all the stakeholders owing...