Business

Red Star Reports N9.46bn Turnover At 2021 AGM 

September 27, (THEWILL) - Red Star Express Plc, has recorded a turnover of N9.46 billion for the financial year ended March 31, 2021. The company recorded a Profit Before Taxation (PBT) of N220.79 million and total of N150.07million as the...

Unity Bank, Others in Consortium for N15.5bn Road Project

September 27, (THEWILL) - Unity Bank Plc is among the consortium of select banks to execute the funding of equipment for the construction of the 380km Abuja-Kaduna-Kano road project to the tune of N15.5 billion. The facility is being extended to...

Union Bank: Crawling Performance May Erode Investment Gains From Technology

Ask ZiVA 728x90 Ads
September 26, (THEWILL) - Union Bank of Nigeria Plc is investing hugely in technology. It is not lagging in this digital age that has reconfigured the banking landscape.  But the bank’s 2021 half- year report shows a lender struggling to...

Emefiele Woos Foreign Investors As CBN Launches  E-Naira Oct.4

September 24, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has assured Nigerians in the diaspora and other foreign investors  of the security of their investments if they  take advantage of existing business opportunities in the country. Emefiele...

Economists’ Forum Absolves Emefiele From Falling Naira

September 22, (THEWILL) - The Nigerian economy is facing a massive foreign exchange crisis and the rate of depreciation of the naira has sparked serious concern among citizens. The debates have raised voices with many calling for the sack of Godwin...

Nigerian Government Raises $4bn Through Eurobond

...Exceeds Planned $3bn Offer September 22, (THEWILL) - The Nigerian Government has confirmed that it has successfully raised the sum of $4 billion through Eurobonds. In a release issued Tuesday by the Debt Management Office, DMO, the agency said the deal...

Green Bond Issuance: FMDQ Group, FSD Africa Sign MoU with Lagos

September 19, (THEWILL) - FMDQ Holdings Plc and Financial Sector Deepening Africa  have signed a Memorandum of Understanding (MoU) with the Lagos State Government  to facilitate the issuance of the maiden ₦25 billion Lagos State Green Bond and other sustainability-linked debt...

$34bn Untapped Remittances: Why BDCs Should Get Involved

September 19, (THEWILL) - With the Central Bank of Nigeria (CBN) stoppage of foreign exchange sales to Bureaux De Change (BDCs), economists and financial sector analysts have advised the apex bank to allow the BDCs receive Diaspora remittances as...

Emefiele To Speak At FICAN’s Annual Conference, 30th Anniversary

September 19, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, is expected to deliver the keynote address at the 2021 Annual Conference of the Finance Correspondents Association of Nigeria (FICAN), which also features activities marking...

Why Domestic Airlines Are Springing Up In Nigeria – NCAA 

September 19, (THEWILL) - The number of airline start-ups in Nigeria increased in the last five years. At present, about 10 commercial airlines are operating in the country. They include Aero Contractors, Air Peace, Arik Air, Azman Air, Dana...