Business

Nigeria Inflation Rate Drops For Sixth Consecutive Month

October 15, (THEWILL) - Nigeria’s inflation rate fell for the sixth consecutive month in September 2021 amid decelerating food prices, the National Bureau of Statistics (NBS) has said. The NBS in its monthly inflation report released on Friday stated that the...

World Bank Chief Seeks Measures Against Pandemic-Induced Poverty, Predicts Grim Outlook For Developing Countries 

October 14, (THEWILL) - The World Bank Group President, David Malpass, has said that the pandemic environment arising from the COVID-19 crisis is pushing up poverty around the world. He also stated that while the world suffers from a dramatically...

COVID-19:  Low-Income Country Debts Hit $860bn 2020  – World Bank

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October 11, (THEWILL) - The massive response by governments around the world to mitigate the impact of the COVID-19 pandemic on their citizens has increased the debt burden of the world’s low-income countries which rose to a record high...

73% Debts Service To Revenue Ratio Too High For Nigeria Economy – AfDB 

October 11, (THEWILL) - The African Development Bank (AfDB)  has expressed concerns over  Nigeria’s  73% debt service to revenue ratio. Speaking at the opening of the two-day Mid-term Ministerial Performance Review Retreat at the Presidential Villa on Monday in Abuja,...

MTN Nigeria Offers N90bn Series II Bond For Sale

October 11, (THEWILL) - MTN Nigeria is offering N90 billion worth of bonds with 10 years maturity for sale to investors after obtaining regulatory approval for the exercise. The book build for the N90 billion series II bond took place on...

Okoli, Others Appointed as Judges for Lagos Cocktail Week 

October 10, (THEWILL) - Events and Sponsorship Officer, Sterling Bank, Chidinma Okoli and the Brand Manager, Star Radler, Chiamaka Efulu, have been chosen as judges for the Lagos Cocktail Week. Others named on the judges panel are Brand Manager, Absolut...

Assessing Airline Industry’s $201bn Loss In 2 Years

October 10, (THEWILL) - ANTHONY AWUNOR discusses the latest outlook for the airline industry, focusing on African carriers The International Air Transport Association (IATA) released its latest outlook on the financial performance of the airline industry, showing improved results amid...

Controversies Trail NG Eagle AOC Issuance As Experts Kick

October 10, (THEWILL) - Key players in the Nigerian aviation industry have condemned in totality a recent directive issued to the Nigerian Civil Aviation Authority (NCAA), not to issue Air Operator’s Certificate (AOC) to impending carrier, NG Eagle, based...

Contradictions in Nigeria’s GDP Jobless Growth

October 10, (THEWILL) - Nigeria’s GDP growth does not indicate increased output that could reflect on job creation. Positive growth in gross domestic product (GDP) normally indicates that producers in the economy are hiring new staff for the increased...

AvanteFly Moves To Boost Private Jet, Helicopter Business

October 10, (THEWILL) - To ensure that its clients get the utmost safety, privacy and luxurious experience, AvanteFly has launched its Mobile Application with adequate features for private Jet, helicopter, luxury car charters, hotels and executive spaces bookings AvanteFly is a...