Business

MTN Nigeria Appoints Onyinye Ikenna-Emeka As General Manager

July 02, (THEWILL) – MTN Nigeria has appointed Onyinye Ikenna-Emeka, as General Manager for its Fixed Broadband Business. Onyinye is a business leader with over 23 years of experience in the telecommunications, logistics and education sectors. Her expertise includes...

Air Travellers Embrace Mobile, Touchless Tech As Demand Soar

July 02, (THEWILL) – A new research, SITA’s 2022 Passenger IT Insights published recently, has shown that more air travellers are embracing mobile and Touchless technology, to make the journey as convenient and seamless as possible. The research also highlighted...

Coscharis Rolls Out All-New Range Rover Into Nigerian Market

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July 02, (THEWILL) – Coscharis Motors Plc, franchise of BMW, Jaguar, LandRover, Ford, Mini, Morris Garages and other brands in the country, has unveiled its all-new Range Rover into the Nigerian market. The launch of the luxury Sports Utility...

First Bank Launches Single-Digit Loan for Women-owned Businesses

July 02, (THEWILL) – Nigeria’s premier banking institution and leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the launch of the FirstGem fund (FirstGem loan); a single-digit loan scheme, exclusively designed to put women at...

More Trouble for Insurance as Nigerian Exchange Suspends Nine Firms

July 02, (THEWILL) – Two days after the National Insurance Commission (NAICOM) announced the revocation of registration certificate of two insurers, Niger Insurance Plc and Standard Alliance Insurance Plc, the Nigerian Exchange Limited (NGX) has suspended nine...

Investors Trade N485.4bn Worth of Equities in Q2 2022

July 01, (THEWILL) – Both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N485.4billion worth of equities in the second quarter (Q2) of 2022. This is an increase of 40.11per cent when compared to N346.43 billion traded...

First Vessels Berth at Lekki Deep Seaport

July 01, (THEWILL) – Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the beginning of operations of the Lekki Deep Seaport arrived in Nigeria on Friday. Their arrival, according to the Managing Director of the Nigerian Ports Authority (NPA),...

CBN Rate Hike Not Signal For Shift In Unorthodox Monetary Policy – Fitch

July 1, (THEWILL) – One of the world’s big three credit rating agencies, Fitch Ratings, has said that the decision by the Central Bank of Nigeria (CBN) to raise its benchmark interest rate for the first time in almost...

NGX, GRI, PRI Collaborate to Boost Awareness on ESG Data Metrics

June 30, (THEWILL) – The Nigerian Exchange Limited, Global Reporting Initiative (GRI) Africa and Principles for Responsible Investment (PRI) organized a webinar tagged “Empowering Responsible Investing through Data Metrics and Environmental, Social and Governance (ESG) Integration”, on Wednesday, 29...

Wema Bank Plans N40bn Rights Issue in August 2022

June 30, (THEWILL) – Wema Bank Plc has concluded arrangements to commence its N40 billion rights issue to the existing shareholders of the bank in August 2022. This follows the approval of the deal by the bank’s shareholders at an...