Business

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...

BabyFest: Vendors Brace Up For 2022 Exhibition

July 24, (THEWILL) - No fewer than 100 vendors have indicated interest to exhibit their products at the 2022 edition of the BabyFest organized by CAST Public Relations based in Lagos The Premier pregnancy, baby and parenting fair, is a...

Adopt School, Primary Healthcare Centre in Your CSR, Abiodun Urges MAN

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July 24, (THEWILL) - Governor Dapo Abiodun of Ogun State has once again called on the private sector to key into his administration’s adopt-a-school and primary-health care-center programme. Abiodun made the call in Abeokuta during the 37th Annual General Meeting...

SAHCO Appoints 2 Non-Executive Directors

July 24, (THEWILL) - Skyway Aviation Handling Company (SAHCO) PLC has appointed two new non-Executive Directors. The appointment was announced during the company’s 12th Annual General Meeting (AGM) held at Marriott Hotel, Ikeja in Lagos. Laila Jean...

Closure of Runway Puts Domestic Airlines on Edge

July 24, (THEWILL) - The closure of the domestic runway (18L) of Murtala Muhammed Airport (MMA) by the Federal Airports Authority of Nigeria (FAAN) has further compounded the challenges facing domestic airlines in the country. In a Notice To...

Non-Oil Export: Zenith Bank Showcases Nigeria’s Potential

July 24, (THEWILL) - For the seventh time consecutively, Nigeria’s biggest bank by market capitalisation, Zenith Bank Plc, on Wednesday, July 20, 2022 held its Annual International Trade Seminar on Non-Oil Export, a laudable project that it commenced in...

CBN Commended For Trade Processes Automation, Efficiency

July 24, (THEWILL) - The Central Bank of Nigeria (CBN) has been commended for some deliberate actions it took in the areas of trade processes automation in collaboration with the government and other stakeholders, stressing that such moves have...

It’s Official: Nigeria’s Debt Servicing Finally Exceeds Revenue

July 21, (THEWILL) - It is now confirmed that Nigeria’s debt servicing cost exceeds her revenue, thereby setting a dangerous pace for the nation’s fiscal position. The federal government through the Ministry of Finance, Budget and National Planning has said...

Dangote Borrows N187.6bn for Refinery Completion

July 21, (THEWILL) - The founder of Dangote Industries Limited (DIL), Aliko Dangote, has borrowed N187.6 billion from the debt market to fund the firm’s refinery project, as completion continues to drag. Dangote refinery has been struggling to kick off,...

Zenith Bank International Trade Seminar: Stakeholders Identify Non-oil Exports as Panacea for Economic Rejuvenation

July 21, (THEWILL) - Stakeholders unanimously called for support of Nigeria’s Non-Oil Export Sector at the 7th Annual Edition of the Zenith Bank International Trade Seminar themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, which was held on Wednesday,...