Business

RT 200: One Year of Landmark Game-Changer in Non-Oil Export

The RT 200 scheme launched on February 10, 2022 to revolutionise non-oil export drive, stimulate domestic production and expand the frontier of diversification, has proved a success story one year after it was launched. The RT 200 which stands...

Nigerian Startup Makes Finals Of Harvard Business School Competition

February 06, (THEWILL) - A Nigerian Insurtech start-up, Wimika RMS Technologies, has been named a top ten finalist of the Harvard Business School Africa New Venture Competition 2023. As a finalist, the company will have the opportunity to pitch its...

Nigeria, Niger Republic Sign Agreement on Border Frequency Coordination

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February 05, (THEWILL) - Nigeria and the Republic of Niger have signed a bilateral agreement in Abuja for coordination of frequency utilisation along their borders to ensure seamless deployment of services around and within the two countries. The agreement signing...

UBA GMD/CEO, Oliver Alawuba, Conferred with Doctorate Degree by Imo State University

February 05, (THEWILL) - For his immense contributions to the growth of banking and finance in Nigeria and across Africa, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, was on Saturday, February 4,...

46 Years of CBN Intervention

CBN INTERVENTION IN BAUCHI AND GOMBE STATES The real sector development initiatives of the Central Bank of Nigeria (CBN) were introduced to stimulate and sustain growth in key sectors of the economy, revive moribund sectors, empower the youth population, explore...

Air Peace Introduces Abuja-Banjul-Dakar Connections

Air Peace has announced the addition of Abuja-Banjul and Abuja-Dakar connections to its regional network of seven West African cities. This is just as the airline has also kicked off plans to launch flight operations into Maiduguri and Jos. Air...

Prof Utomi Hints On Plans To Standardise Nation’s Airports

Renowned political economist and Labour Party chieftain, Prof Pat Utomi has revealed his party's plan to standardise all the nation's airports to meet up international standard. Prof Utomi promised that if the party is voted into power, it will...

Fidelity Bank Grows Profit To N52bn For FY 2022

Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 billion for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange (NGX). According to the...

SAATM: More African Nations Sign Pilot Implementation Project

Amongst 35 African Nations that have signed Single African Air Transport Market (SAATM) commitment, 18 countries have taken further steps to signing to Single African Air Transport Market (SAATM) Pilot Implementation Project (PIP), that is, ‘Club of...

Anti-Money Laundering: GT Bank Stakeholders Fume Over Multi-Million Dollar Penalties

Shareholders of Nigeria’s quoted companies have slammed Guaranty Trust Bank, a member of Guaranty Trust Holding Company (GTCO) Plc, over the recent multi-million dollar penalties against its United Kingdom (UK) subsidiary for running afoul of the country’s anti-money laundering...