Business

The chairman of Aba Power Ltd, Professor Bart Nnaji, has directed the company to allow electricity consumers who want to stagger their payment for prepaid meters to do so with immediate effect. This fact was made known this morning by...

Shareholders of FCMB Group Plc will be delighted with the performance of their company which released impressive results for its FY 2022 operations. FCMB Group Plc in its annual report and financial statements for the full-year ending 31st December 2022...

Signs Agreement With Senegal Amid global concerns over energy security and a regional resolve on collaboration to deepen local content, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has proposed strategies that would...

Over the years, Lloyd's of London was the first to make it possible to offer insurance in aviation. Ever since, aviation insurance has now become one of the largest sub-sectors in the global insurance market. Despite the boom in...

Many Nigerians, including business entities, are increasingly embracing the use of electronic payment platforms amid cash-in-hand challenges in the implementation of the currency re-design policy of the Federal Government. As commercial banks run out of cash and Automated Teller Machines...

February 16, (THEWILL) - The Central Bank of Nigeria (CBN) has created a portal for bank customers to deposit their old naira notes amid scarcity of new naira notes. In a notice posted on its website titled ‘Redemption of Currency’,...

February 15, (THEWILL) - Fidelity Bank Plc has announced the appointment of Pamela Shodipo, as Executive Director of the south directorate after regulatory approval by the Central Bank of Nigeria (CBN). “We are pleased to have Pamela Shodipo join...

February 15, (THEWILL) - A survey conducted by this newspaper between February 10 and 14, 2023 revealed that more residents of Lagos, Nigeria’s commercial capital, have embraced alternative payment platforms as the scarcity of Naira notes bite harder. ...

February 14, (THEWILL) - The West Africa Regional Director for Ford Foundation, Dr. ChiChi Aniagolu-Okoye has called for a people-centered approach in dealing with security and trade issues on the African continent. “Regional entities must use a...

At the normative level, there is negative correlation between an increase in the nominal anchor, popularly called the Monetary Policy Rate (MPR) and equity prices in the stock market. When there is an increase in the MPR, speculators hit...