Business

Agric Imports Rise To N512.91bn In Q3 2022

The value of total imports of agricultural goods in Q3 2022 rose to N512.91 billion or 10.44 percent compared with the value recorded in the preceding period of Q2 2022 (N464.45 billion). It also showed an increase by 7...

Access, Zenith, FBNH, UBA To Boost Banks’ Assets With N15trn

Based on their performance trajectory in the year, Nigeria’s four largest deposit money banks (DMBs) by assets, will raise the banking industry’s total assets with a minimum of N15 trillion in 2022, THEWILL findings have revealed. The four DMBs,...

Cashless Policy: Lord Hannan, UK’s Trade Adviser Seeks Protection For Emefiele, CBN Over Attacks By DSS

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December 22, (THEWILL) – Lord Daniel John Hannan, the Baron of Kingsclere, a member of the UK House of Lords and Adviser to the UK Board of Trade has called for global support for the independence of the Central...

DMO Raises N615.557bn Sukuk Funds In 4 Years

The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads across the country in four years. The Director-General of DMO, Ms Patience Oniha, made this known in her presentation titled: "Nigeria...

Unity Bank Projects N20.86bn Gross Earnings In Q1 2023

Unity Bank Plc said it is targeting to achieve N20.86 billion in gross earnings during the first quarter of 2023. This projection is contained in its Q1 2023 earnings forecast released via the Nigerian Exchange (NGX). The lender also projected to...

Nestlé Nigeria Celebrates 6th Batch Of Technical Training Programme Graduates

Oluwadarasinmi Adesakin has emerged a beneficiary of Nestlé Nigeria’s 18-month Technical Training program which aims to bridge the skills gap by equipping youth with the required expertise to support industrialization. He is the best graduating student of Batch 6. A...

NCC Moves To Eliminate Risks In Telecom Sector

The Nigerian Communications Commission (NCC) has embarked on a regulatory step to sensitize the industry about the need for proper and continuous risk identification with the view to managing such risks before they affect the health of the industry....

Equity Market Closes On Positive Note Ahead Of Holiday Season

Amid impending holiday season, a total turnover of 814.089 million shares worth N12.204 billion in 15,488 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 1.225 billion shares valued...

Arik Air Resumes Flights To Ilorin, Asaba

Arik Air has announced the resumption of flights to Ilorin, Kwara state and Asaba, Delta state, effective Tuesday, December 20, 2022. Flights to Ilorin will originate from the Nnamdi Azikiwe Airport, Abuja and operate four times weekly while Asaba flights...

Bank Customers’ Money Transfer Hit N2.1trn In November 2022

Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that bank customers in Nigeria transferred a total of N2.1 trillion over mobile in November 2022. The November figure brought the total mobile inter-scheme transactions on the NIBSS platform to...