Business

Myriads of lessons have been learnt from the cash swap and currency redesign experiment in Nigeria in the past few months. As much as a currency redesign should be a routine function of the Central Bank in any country,...

Minister of Aviation, Senator Hadi Sirika has called on the World Meteorological Organisation (WMO) to intensify effort in encouraging cooperation among Members and assist in bridging the existing gap between the political class and the experts on the field. This...

Nigerian Breweries Plc reported 27 per cent. This comes over decline in profit before tax and growth in profit after tax of 4.06 percent over a decline in tax expenses. The decline in profit before tax dragged the profit margin...

Cross-border securities transactions across African capital markets has received significadnt boost as Nigerian Exchange Limited (NGX) and Pan African Payments Settlement System (PAPSS) sign a Memorandum of Understanding (MOU) to integrate the payments system into the capital markets. The...

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has said that its new chief executive officer, Jeremy Awori, has assumed his role with effect from 1 March. The Group appointed Mr Awori in September 2022 upon the...

Setting the tone for the financials declaration period, foremost investment bank and pan-African financial services group, United Capital Plc has maintained its multi-year success streak, as evidenced in its recently announced Audited Financial Statements for the fiscal year ended...

Solutions to fare profiteering by foreign airlines operating in Nigeria assumed a different dimension weeks after the International Air Transport Association ( IATA) brokered intervention over the vexing issues tabled by National Association of Nigeria Travel Agencies (NANTA) clearly...

The impact of severe flood and massive oil theft that put Nigeria on the spotlight of economic devastation last year, contributed to the poor Gross Domestic Product (GDP) for 2022. The National Bureau of Statistics (NBS) in its 2022...

March 03, (THEWILL) - Transcorp Hotels Plc, a leading hospitality brand, has reported its financial results for the full year 2022. The Group reported a profit before tax (PBT) of N4.5 billion, a 172 percent increase year-on-year, having...

March 02, (THEWILL) - Zenith Bank Plc on Thursday, announced the retirement of Dr Adaora Umeoji, as Deputy Managing Director, following the expiration of her tenure in office, in line with the new Central Bank of Nigeria tenure rule. The...