Business

Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps Members

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...

Scores of Workers May Lose Jobs as Amazon Shuts Wholesale Distribution Unit in India

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...

NDIC Pays N113.2bn to Insured, Uninsured Depositors of Banks In-Liquidation

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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 Graduates 4 Flight Dispatchers

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...

Sierra Leone Defence Ministry Receives $4.7m Vehicles From IVM

The first batch of vehicles manufactured for the government of Sierra Leone by Innoson Vehicle Manufacturing Ltd (IVM), has been delivered to the West African country by the Nnewi-based indigenous automaker. The vehicles, which arrived at Freetown on Monday,...

NGX, IFC Promote Opportunities in Green, Social, Sustainability Bonds

The Nigerian Exchange Limited (NGX) and International Finance Corporation (IFC), has announced a partnership to facilitate the issuance of green, social and sustainability bonds in Nigeria to increase financing for projects that address climate and social issues. The announcement...

NCAA Probes Peter Obi’s Pilot For Violating Safety Rules

The pilot that flew the presidential candidate of Labour Party (LP), Peter Obi, from Benin City to Lagos for the party’s rally held in Ibadan, Oyo State on Wednesday is under investigation for violation of safety procedures. The Nigerian Civil...

Naira Redesign: CBN Targets Agency Networks For Financial Inclusion

There is an indication that the plan by the Central Bank of Nigeria (CBN) to engage Agency Banking Networks in the currency redesign exercise will achieve the two-prong benefit of fast-tracking financial inclusion among the country-side dwellers. Many Nigerians...

Economy: Emefiele Lauds Monetary Policy Gains, Urges Quick Recovery Plans

November 28, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the intervention schemes and other monetary policy initiatives of the apex bank helped in sustaining the productive capacity of the economy amid COVID-19...

Nigeria’s GDP Grows By 2.25% In Q3 2022 — NBS

November 24, (THEWiLL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.25% (year-on-year) in real terms in the third quarter of 2022, the National Bureau of Statistics (NBS), said in its GDP report released on Thursday. The Q3 2022 growth...