Business

NARTO, Dangote Refinery Collaborate on Efficient Products Distribution

August 29, (THEWILL) - Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively impact their businesses. The transporters, under the aegis of Nigerian Association of Road Transport Owners...

Q2 ’2021 GDP: Anxiety Over Agric Sector Decline Amid 5.01% Growth

August 29, (THEWILL) - Notwithstanding the 5.01 percent growth attained by the Nigerian economy in the second quarter of 2021 (Q2 ’21), the continued shrink in the agricultural sector has created serious concern among those who believe that the...

CBN Reads Riot Act To Forex Defaulters

Ask ZiVA 728x90 Ads
August 26, (THEWILL) - The Central Bank of Nigeria (CBN) has threatened to institute criminal prosecution against any defaulter of the new foreign exchange policy. The threat is contained in a syndicated email sent by  deposit banks to their customers....

Defying All Odds, Nigeria’s GDP Breaks Ceiling, Climbs 5% In 2nd-Quarter 2021

August 26, (THEWILL) - With virtually two years of dwindling oil receipts and the pervading bite of COVID-19 on the world economy, Nigeria’s Gross Domestic Product (GDP) beat all odds to record a growth of 5.01 percent (year-on-year) in...

Zenith Bank Rolls Out Chatbot ZIVA

August 26, (THEWILL) - Zenith Bank Plc has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZIVA (Zenith Intelligent Virtual Assistant), which enables customers to perform financial transactions and enjoy real-time customer service from their mobile phones. A...

Despite Economic Setbacks, Nigeria Witnesses New Airlines’ Boom

Notwithstanding the economic setbacks occasioned by the COVID-19 pandemic, Nigeria is seeing a boom in new carriers, writes ANTHONY AWUNOR. In the past two years, more airline start-ups have continued to join the league of domestic operators in the country....

Aviation Roadmap: Sirika Harps On Industrial Harmony For Growth

August 23, (THEWILL) - The minister of Aviation, Senator Hadi Sirika has said, that for a critical sector like aviation to grow, there must be constant industrial harmony at the forefront of labour activities in the country Addressing participants at a...

Blocked Airline Funds Could Slow Recovery – IATA

August 22, (THEWILL) - The International Air Transport Association (IATA) has urged governments to abide by international agreements and treaty obligations so as to enable airlines to repatriate close to nearly $1 billion in blocked funds from the sale of...

Resolving the Forex Challenge of Manufacturing Companies

August 22, (THEWILL) - JOSEPH ABANG highlights the imperative of meeting the forex needs of manufacturing companies amid changing monetary policies of the Central Bank of Nigeria (CBN) There is a peculiar challenge facing Nigeria’s economy. It is crystal clear. The...

Petroleum Industry Act: Dispensing Cash, Controversy, Amid Uncertainties

August 22, (THEWILL) - The Petroleum Industry Bill (PIB) recently signed into law, has triggered mixed reactions among stakeholders who are directly or indirectly affected by the legislation.  They point to the rain of cash and web of controversy they...