Business

July 11, (THEWILL) – Nigeria’s 10-year Eurobond closed the first half of the year at a yield of 13.45 percent or $69.8 in unit price, pointing to one of the worst yields in years for the economy. Sovereign Eurobond yields...

July 11, (THEWILL) – Nigerian Exchange Limited (NGX) has admitted 145,074,002 units of Nigerian Breweries Plc’s shares arising from the 2021 Scrip Dividend Election Scheme into its platform. The Breweries giant had proposed for shareholders’ approval, the Share for Cash...

July 10, (THEWILL) –The term “informal economy” covers a vast array of circumstances and events throughout the country. In contrast, working in the informal economy (IE) is frequently based on small or undefined workplaces, unsafe and unhealthy working conditions,...

July 10, (THEWILL) – Polaris Bank has reaffirmed its commitment to the growth of Nigeria’s Small and Medium Enterprises (SMEs) as it announces the sponsorship of the 6th Lagos Fashion Souk 2022. The event is organized in partnership with...

July 10, (THEWILL) – SITA, a global IT provider for the aviation industry, has signed a $400m inaugural sustainability-linked revolving credit facility over a minimum three-year term. The backup facility will support the company’s general business needs, such as...

July 10, (THEWILL) – Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2022, retaining the award for a third consecutive year. The Bank was among other banks from...

July 10, (THEWILL) – The world’s richest man, Elon Musk has said he is no longer buying Twitter, effectively killing a $44 billion deal that has been in the works for months. Elon Musk had tendered an offer to buy...

July 10, (THEWILL) – Governor Babajide Sanwo-Olu of Lagos State has commissioned the ultra-modern GAC Motor showroom on Victoria Island, Lagos. The governor, who was impressed with the drive of the company in Nigeria, stated that Chief Diana Chen (Chairman...

July 10, (THEWILL) – The proportion of Nigerians with accounts at regulated institutions – such as banks, microfinance organizations and mobile money service providers – rose from 16 percent to 45 percent in 2021. This was disclosed by the World...

July 10, (THEWILL) – The International Air Transport Association (IATA) has released the May 2022 data for global air cargo markets, indicating that the easing of Omicron restrictions in China helped to alleviate supply chain constraints and contributed a...