Business

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

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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...

FBN Holdings Upscales Credit Expansion as Deposit Base Soars

FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has stepped up the tempo of credit expansion to support the economy; this is amid operating challenges that create risk-averse strategies. Alongside, the group enjoys a bolstering...

El-Rufai Is Confused – NNPC Ltd Slams Kaduna Gov Over Oil Comment

October 15, (THEWILL) – The Nigerian National Petroleum Company, NNPC, Limited has countered the claims made by Governor Nasir El-Rufai of Kaduna State regarding the performance of the oil firm. Gov. El-Rufai was quoted in the media to have...

Pencom Set To Commence 2023 Verification Exercise For FG Retirees

October 15, (THEWILL) – The National Pension Commission (PenCom) has announced the commencement of 2023 online Verification and Enrolment Exercise for retirees/prospective retirees of Federal Government Treasury-Funded Ministries, Departments and Agencies. PenCom said this in a statement on its Website. It...

Sub-Saharan Africa: Living on The Edge

October 14, (THEWILL) – Sub-Saharan Africa’s economic activity is expected to slow significantly in 2022 and remain relatively modest in 2023. A downturn in advanced economies and emerging markets, tighter financial conditions, and volatile commodity prices, have undermined last...

Nigeria, Ghana Yet To Approach Us For Debt Restructuring – World Bank

October 14, (THEWILL) – The World Bank has said Nigeria and Ghana are yet to approach the bank as well as the International Monetary Fund (IMF) for the framework on debt restructuring. President of the Group, David Malpass clarified...