Business

May 08, (THEWILL) – FMDQ Securities Exchange Limited has announced the approval for the quotation of the Greenwich Merchant Bank Limited ₦12.20 billion Series 1 and Series 2 Commercial Papers (“CPs”) under its ₦100.00 billion CP Issuance Programme on...

African airlines saw cargo volumes decrease by 6.2% in March 2023 compared to March 2022. This was an improvement in performance compared to the previous month. While Africa to Asia routes experienced significant cargo demand growth in March, capacity...

Selected Food Price Watch for March 2023 shows that the average price of 1kg of Beef (boneless) stood at N2,479.61 in March 2023. This indicates a rise in price by 25.05% on a year-on-year basis from the price recorded...

May 07, (THEWILL) - A Max Air aircraft from Yola, Adamawa, crash-landed after the tyre reportedly burst into flames at the Nnamdi Azikiwe International Airport, Abuja. The aircraft had arrived from Yola, Adamawa State when the incident happened. The Aerodrome Rescue...

Investors in Nigeria’s equities market gained N33.7 billion as the first trading week of May 2023 ended on a positive note. The NGX All-Share Index and Market Capitalization appreciated by 0.12% to close the week at 52,465.31 and N28.568 trillion...

Access Holdings, yesterday, said its subsidiary, Access Bank Plc, has received regulatory approval from the Central Bank of Angola for the acquisition of a majority equity stake in Finibanco, an Angolan Bank. This was disclosed by the Company Secretary, Sunday...

Global food commodity prices rose in April for the first time in one year, the Food and Agriculture Organisation of the United Nations (FAO) has said. The rise was led by a steep increase in the sugar price index, along...

The Forum of Non-Governmental Organisations in Nigeria (FONGON) has tasked President Muhammadu Buhari to come clean on the Nigeria Customs Modernisation Project, known as the E-Customs Project, worth $3.1 billion, which was recently re-awarded by the Federal Government to...

The President and CEO of Sabre West Africa, Dr Gabriel Olowo, has faulted the status of the Asset Management Corporation of Nigeria (AMCON) as a turnaround manager of airlines in the country. Dr Olowo, who also doubles as the President...

Nigeria’s deposit money banks and other financial institutions, together with the Federation Accounts Allocation Committee (FAAC), raked in N135.56 trillion from electronic payment transactions in the first quarter (Q1) of 2023 as the Central Bank of Nigeria (CBN) intensifies...