Business

The International Air Transport Association (IATA) has announced a recovery in air travel in October, pointing out that African airlines’ traffic rose 84.5% in October versus a year ago. IATA also confirmed that October 2022 capacity was up 46.9% and...

Contrary to an unsubstantiated report circulating on the internet, Access Bank Plc has not launched any Bitcoin bank or introduced a cryptocurrency product. A statement by the Bank’s management dissociated the financial institution from the information pushed out by a...

There is an indication that Nigerians travelling by air this season are in for one of the most expensive pricing regimes in local airfares. This is because the airfares have increased in the last few months due to scarcity...

The milestone attained in the implementation of the Race-To-$200 billion (RT 200) programme points to the success story ahead as the Central Bank of Nigeria (CBN) intensifies efforts towards realising the objective. The programme is aimed at raising $200 billion...

November 30, (THEWILL) - The International Air Transport Association (IATA) has released data for October 2022 global air cargo markets, showing that African airlines saw cargo volumes decrease by 8.3% in October 2022, compared to October 2021. This was...

November 29, (THEWILL) - The Central Bank of Nigeria (CBN) has paid out a total sum of N81 billion to Nigerian exporters in 2022 as rebates for repatriating their export proceeds in line with the RT 200 FX policy. A...

November 29, (THEWILL) - Unity Bank Entrepreneurship Development Initiative - Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its ninth edition of the Corpreneurship Challenge held across 10 States...

November 29, (THEWILL) - E-commerce giant, Amazon is shutting down its wholesale e-commerce website for neighbourhood stores - Amazon Distribution. This is its third business closure in the country. Last week, the company announced that it will shut down...

November 28, (THEWILL) - In keeping with its primary mandate of protecting depositors’ funds in registered financial institutions, the Nigeria Deposit Insurance Corporation, NDIC, has paid a cumulative sum of N113.2 billion to over 440,000 insured and uninsured depositors of...

Aviatrix Hub Training Institute, a Nigerian Civil Aviation Authority (NCAA) approved Aviation Training Organisation (ATO) has graduated its first batch of students, who have completed an intensive six-week training for basic and another six- week for Advanced Flight Dispatch...