Business

DMO Commemorates Listings Of Eurobonds, Sukuk On NGX

July 29, (THEWILL) – The Debt Management Office (DMO) has leveraged the Closing Gong ceremony of Nigerian Exchange Limited (NGX) to commemorate the listing of a Triple-Tranche $4 billion Eurobonds, $1.25 billion Eurobonds and the N250 billion Sukuk on...

We’re Reviewing Strategies To Earn More Forex For Nigeria – CBN

July 29, (THEWILL) – The Central Bank of Nigeria (CBN) has cautioned the public against the speculative activities of some players in the foreign exchange market. Speaking with newsmen in Abuja, the Director, Corporate Communications at the CBN, Osita Nwanisobi,...

Court Restrains Former Seplat Energy CEO, Austin Avuru, From Launching His Books

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July 27, (THEWILL) – A former chief executive of Seplat Energy, Mr Austin Avuru, has been restrained by the Federal Capital Territory High Court in Bwari, Abuja from releasing his books to members of the public. This followed action brought...

Uwaleke, Former Commissioner Forecasts Nigerian Investment Climate in Next Six Months

July 27, (THEWILL) – A former Commissioner for Finance in Imo State and currently Professor of Capital Market at the Nasarawa State University Keffi, Uche Uwaleke has given insight into what to expect in the fixed income and equities...

DFC Commits $280m In Financing For Access Bank, Boosting SMEs in Nigeria

July 26, (THEWILL) – International Development Finance Corporation (DFC) CEO, Scott Nathan, on Monday signed a commitment letter for $280 million in financing for Access Bank Plc in Nigeria alongside Access Bank Managing Director, Roosevelt Ogbonna. The loan will help...

IMF Retains Nigeria’s 2022 Growth Prospect At 3.4%

July 26, (THEWILL) – The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Fund disclosed this on Tuesday, in its World Economic Outlook (WEO) for July 2022 titled, “Gloomy and More...

Industrialist Commends Aba Youths for Protecting Electricity Infrastructure

July 24, (THEWILL) - An industrialist in Aba, the commercial nerve centre of Abia State, has commended the youths in various local government areas of the state for taking up the challenge of vandalism against electricity infrastructure which has...

Anambra Assembly Approves Soludo’s N100bn Loan Request

July 24, (THEWILL) - The Anambra House of Assembly has approved Governor Charles Soludo’s request to access loan facilities worth N100 billion from the Central Bank of Nigeria (CBN) for infrastructure development. The approval followed the consideration and adoption of...

Buhari Congratulates Adeyemi, New Secretary General of AfCAC

July 24, (THEWILL) - President Muhammadu Buhari has congratulated Adefunke Adeyemi on her election as the new Secretary General of the African Civil Aviation Commission (AfCAC), the African Union (AU) agency responsible for civil aviation in Africa. The President, in...

Bank of Industry Posts N53.4bn PAT in 2021

July 24, (THEWILL) - Nigeria’s foremost development bank, Bank of Industry (BOI), has reported N53.4 billion after-tax profit for its 2021 FY, thereby shaking off the cost pressures from pandemic lockdowns that depressed its bottom-line by 9.6 per cent...