Business

November 21, (THEWILL) - In recent times, some Nigerian airports have been in the news for issues that have to do with security lapses.  These lapses include runway encroachment, pilfering, touting, loitering and extortion, among other vices that are contrary...

November 20, (THEWILL) - The International Monetary Fund (IMF) has advised the Nigerian government to fully remove fuel and electricity completely early next year and move to a market-based pricing mechanism. The Fund, in a statement at the end of its 2021...

November 18, (THEWILL) - First Bank Nigeria Limited has announced the launch of a fully automated self-service branch, the FirstBank Digital Experience Centre. A statement by the Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney, said the automated branch was built to ease...

November 18, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) growth rate slowed  to 4.03% in the third quarter of the year (Q3 2021) from 5.01% in the previous quarter, the National Bureau of Statistics (NB) said on Thursday. The GDP...

November 18, (THEWILL) - The World Bank says the price increases that occurred between June 2020 and June 2021 could push about six million Nigerians into abject poverty. This was disclosed by the Bank in a new report titled: ‘Covid-19...

November 16, (THEWILL) - Royal Dutch Shell has announced plans to relocate its headquarters to London, in the United Kingdom (UK) as part of proposals to simplify the company’s structure with the consolidation of its dual British and Dutch...

November 16, (THEWILL) - Airtel Africa Plc has said that three major investors, Qatar Investment Authority (QIA), TPG, a U.S. private equity firm, and Mastercard have increased their investments in Airtel Money to $500million following the approval-in-principle granted it...

The Central Bank of Nigeria (CBN) officially launched the “ eNaira”—a central bank digital currency (CBDC)—on October 25, 2021. This is the second CBDC fully open to the public after the Bahamas. Other countries and regions, such as China and...

November 16, (THEWILL) - FMDQ Securities Exchange Limited has approved the listing of the MTN Nigeria Communications Plc ₦110.00 billion Series 1 Senior Unsecured Fixed Rate Bond (MTN Nigeria Bond) under its ₦200.00 billion Bond Issuance Programme on the...

November 16, (THEWILL) - Seplat Energy Plc has confirmed the currency exchange rates to be applied in determining the interim dividend for the third quarter of 2021. The company’s Chief Financial Officer, Emeka Onwuka, disclosed this in a notice sent...