Business

Russian Invasion To Shrink Ukraine Economy By 45% In 2022

April 13, (THEWILL) – The war against Ukraine and sanctions on Russia are hitting economies around the globe, with emerging markets and developing countries in the Europe and Central Asia region expected to bear the brunt, the World Bank...

CBN Grants Final Approval For MTN To Commence Mobile Money Bank 

April 11, (THEWILL) – The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in a press release titled “THE CENTRAL BANK OF NIGERIA GRANTS...

Easter: Operators Woo Passengers As Domestic Airlines Record Low Booking

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...Air Travellers to Pay More  April 11, (THEWILL) – There are indications that airlines have recorded a drop in passengers following the recent increment in the price of flight tickets, with a one-way economy selling for N50, 000 and above. Although...

Q1 2022: Equity Market Records 22.45bn Shares Turnover As Investors Gain N3trn

April 11, (THEWILL) – A total of 22.45 billion shares turnover was traded in the Nigerian Exchange (NGX) totaling N301.75 billion in the first quarter (Q1) of 2022, data from the nation’s bourse has shown. The figures were gathered...

Nigerian Breweries Creates ‘Share-for-Cash Dividend’ Against Profit Repatriation Challenge

April 11, (THEWILL) – Nigerian Breweries Plc has created a share-for-cash dividend scheme aimed to enable investors to reinvest in the company and buy new shares with their dividends, amid prevailing dollar shortage in Nigeria’s foreign exchange market. This was...

Nigerian Coys Need Infrastructure Assurance To Rely Upon – Emefiele

April 11, (THEWILL) – The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that, for Nigerian companies to focus successfully on their competencies, they need to be assured of the infrastructure that they rely upon. Although...

Momas Metering School Graduates 29 Students 

April 11, (THEWILL) – Twenty nine young Nigerians on Friday graduated from the Momas Electricity Meters Manufacturing Company Ltd. (MEMMCOL), Metering School in Mowe, Ogun State. The students were trained on meter manufacturing, installation and maintenance as well as energy...

GTCO Shareholders Endorse N3 Per Share Dividend Payment

…Applaud Holdco Transition, Approve New Board Membership April 10, (THEWILL) – Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have unanimously endorsed the payment of a total dividend of N3 per share, for the financial year ended December 31, 2021. This...

Bumper Harvest As Zenith Bank Pays N97.33bn Dividend To Shareholders

April 06, (THEWILL) – Shareholders of Zenith Bank Plc, have approved the proposed final dividend of N97.33 billion for the financial year ended December 31, 2021. The shareholders gave their approval at the 31st annual general meeting (AGM) of the...

Real Estate: Landwey Reiterates Commitment To Quality Service Delivery

April 06, (THEWILL) – Foremost construction and real estate development firm, Landwey Investment Company, has said it remains committed to professionalism and quality service delivery in the bid to satisfy its teeming clients amid growing competition in the industry. The...