Business

Fidelity Bank Plc Announces Redemption of its $4m Eurobond

October 17, (THEWILL) - Fidelity Bank plc has announced the redemption of the $4 million Eurobond Notes due October 17, 2022. It would be recalled that the bank, on October 17, 2017, successfully issued a US$400 million 5-year Eurobond. The transaction...

Buhari to Grace Globacom-Sponsored Onitsha Ofala Festival

October 17, (THEWILL) - President Muhammadu Buhari, is billed to attend this year’s 20th-anniversary celebration, Ofala, of the Obi of Onitsha, Igwe Alfred Nnaemeka Achebe (Agbogidi). The event is co-sponsored by Globacom and International Breweries Plc. Also expected at the prestigious...

World Bank And Nigeria’s Push For Enabling Business Environment

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In its continued efforts at supporting the improvement of business environment in Nigeria, the World Bank recently approved a US$750 million International Development Association (IDA) credit to prop Nigeria’s State Action on Business Enabling Reforms (SABER) Programme-for Results (PforR). Nigerian...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta has said telecom infrastructure is very critical to successful 2023 elections, therefore, every Nigerian in every community should join hands in protecting them for the benefit of...

Stop Wasting Money on Petrol Subsidies, IMF Urges Nigeria

October 16, (THEWILL) – The International Monetary Fund, IMF, has urged the Nigerian government to stop wasting the nation’s scarce resources on petrol subsidy. Instead, the Federal government should redirect the money spent on petrol subsidies to support vulnerable households. The...

Delta Air Lines Records Operating Revenue of $14bn

Delta Air Lines has reported financial results for the September quarter 2022 and provided its outlook for the December quarter 2022. According to the September quarter 2022 Generally Accepted Accounting Principles (GAAP) financial results, Delta Air Lines recorded operating...

N10.5m Scholarship up for Grabs as UBA Foundation Extends NEC 2022 Call for Entries

October 16, (THEWILL) – UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced that the three top winners of this year’s National Essay Competition (NEC) will get educational grants worth N10.5m...

Emefiele, Alawuba, Others Lead Discourse As UBA America Hosts International Banking Conference

October 16, (THEWILL) – The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba and other experts from the global international markets, will lead the discussions...

Emefiele Woos Foreign Investors in Washington DC, Honoured For Digital Transformation

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has invited foreign investors to consider Nigeria and other countries in Africa as their choice investment destination, noting that business confidence in the continent is on the rise. The...

N1.8bn Package: BPE Yet To Pay SAHCO Staff, 6 Years After

Six years after the National Industrial Court of Nigeria ordered the Bureau for Public Enterprises (BPE) to pay the redundant packages to the disengaged staff of the former Skypower Aviation Handling Company Limited (SAHCO), the bureau is yet to...