Business

CBN Agric Guarantee Hits N131bn

July 03, (THEWILL) – The Central Bank of Nigeria (CBN) has guaranteed the sum of N130. 90 billion loan to farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) between its inception in 1977 and May, this year. The...

EU Sets New Rules For Inbound Air Shipments

July 03, (THEWILL) – Starting from March 1, 2023, all freight forwarders, air carriers, express couriers, and postal operators transporting goods to or through the European Union (EU) (including Norway and Switzerland) will be required to submit advance cargo...

UBA Among Highest Traded Stocks Last Weekend

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July 03, (THEWILL) – United Bank for Africa (UBA) Plc was among the largest traded volumes on Friday (July 1) as investors scramble for the stock of Africa’s Global bank to round off the week’s transactions for the month...

Airport Concession: FG Initiates Request For Proposals

July 03, (THEWILL) – The Federal Ministry of Aviation has entered the Request for Proposals (RfP) phase of the Nigeria Airport Concessions Programme (NACP), which commenced on the 1st of June, 2022. The stage is in line with the Infrastructure...

Cargo Vessel Berths At Calabar Port With Trucks, Others

July 03, (THEWILL) – A 190ft long general cargo vessel has berthed at the Calabar Port in Cross River State with 204 trucks and 22 cubic meters of general cargo. The cargo, MV Value Tyler, set sail from Singapore and...

NCDMB Partnering Shell, Exxon, NAOC in Oil And Gas Parks – Wabote

July 03, (THEWILL) – Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC) have made significant investments in support of the ongoing development of...

Nigeria: Over 50 Airlines Collapsed in 5 Decades

July 03, (THEWILL) – Nigeria has lost no fewer than 50 airlines, cutting across commercial, charter and cargo carriers in the last five decades. These airlines, most of which go under, usually close shop, within a spate of 10...

H1 2022: Equity Investors Gain N4.75trn in 21% Market Surge

July 03, (THEWILL) – Nigeria’s equity investors witnessed a bumper harvest of N27.94 trillion in market capitalisation in the first half of the year (2022), creating N4.75 trillion or 21 percent returns for the profit hunters compared with N23.19...

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...