Business

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...

CBN Retains Benchmark Rate, Approves N798.09bn For Farmers

September 19, (THEWILL) - The Central Bank of Nigeria (CBN) has retained its benchmark rate at 11.5 per cent, and other key monetary policy parameters, as approved by its Monetary Policy Committee (MPC). The CBN governor, Godwin Emefiele, announced...

Nigerian Farmers Rake In N292.43bn From Agric Exports

Ask ZiVA 728x90 Ads
September 19, (THEWILL) - Notwithstanding the continued decline in the agricultural sector as shown in the quarterly Gross Domestic Product (GDP) reports in recent times, a section of Nigerian farmers are recording huge returns on their investments in agriculture...

Cooking Gas Supply Drops By 20.5% As Kerosene Leaps 0.7% To N400/Litre In August

September 17, (THEWILL) - Nigeria’s supply of Liquified Petroleum Gas (LPG) also known as cooking gas declined by 20.5 per cent in August 2021 to 85,264.803 Metric Tonnes (MT) compared with the previous month. This was disclosed by the Petroleum Products...

BREAKING: CBN Retains Monetary Policy Rate At 11.5%

September 17, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the country’s monetary policy rate (MPR) for another period. This was disclosed by the Governor of the CBN, Godwin Emefiele,...

BREAKING: CBN Freezes AbokiFX Bank Accounts Over Suspicious Currency Rate Manipulation, Others  

September 16, (THEWILL) - The Central Bank of Nigeria, CBN, has frozen Nigerian bank accounts operated by popular currency website, AbokiFX and its promoter, Oniwinde Olusegun Adedotun, for alleged currency rate manipulation, speculation and illegal currency trading amongst other currency infractions. More...

Nigeria’s Inflation Rate Drops To 17.01% In August 

September 15, (THEWILL) -  TheNigeria’s inflation rate has dropped by to 17.01 per cent (year-on-year) in August 2021. Data released by the National Bureau of Statistics (NBS) on Wednesday in its consumer price index (CPI) report for August 2021 revealed...

Onyema Elected To Board of World Federation of Exchanges

September 13, (THEWILL) - The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (“NGX Group”) Plc, Mr. Oscar N. Onyema, OON, has been elected to the Board of World Federation of Exchanges (WFE). This decision was reached at the 60th...

GTBank Reports N93.1m PBT In H1, 2021

September 13, (THEWILL) - Guaranty Trust Bank Plc (“GTBank” or “the Group”), now Guaranty Trust Holding Company Plc, has released its audited financial results for the period ended June 30, 2021, to the Nigerian and London Stock Exchanges. A review of...

UBA Records N76.2bn 2021 Half Year Profit

September 13, (THEWILL) - United Bank for Africa (UBA) Plc, has announced its audited half year financial results for the half year ended June 30, 2021, showing impressive growth across all major income lines and performance indicators. The pan African financial...