Business

Airline Operator Canvases N500bn Aircraft Leasing Coy

BEVERLY HILLS, May 02, (THEWILL) – For local airlines to survive and keep afloat in their flight operations, there is need for the Federal Government to set up aircraft leasing company, up to the tune of N500 billion, that...

24 NAMA ATCs Get NCAA License, 30 Others Re-certified 

BEVERLY HILLS, May 02, (THEWILL) – As part of efforts geared towards efficient of air traffic management in the country, the Nigerian Airspace Management Agency (NAMA)  has obtained licenses for 24 newly recruited Air Traffic Control officers from the Nigerian...

First Bank Clarifies Boards’ Reconstitution

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BEVERLY HILLS, May 02, (THEWILL) – Less than 48 hours after the Boards of First Bank of Nigeria (FBN) Holdings Plc and First Bank Limited were suddenly dissolved by the Central Bank of Nigeria (CBN), the first generation bank...

Rescuing Manufacturing Companies from Grips of Insecurity 

BEVERLY HILLS, May 02, (THEWILL) – BEVERLY HILLS, May 02, (THEWILL) – The high rate of insecurity in the country is a serious cause for concern to   manufacturing companies and other operators in the real sector of the economy. The...

Aircraft Maintenance: Nigeria Loses Over N150bn in 6yrs

BEVERLY HILLS, May 02, (THEWILL) – With about N25 billion spent annually on aircraft maintenance by local carriers, investigation has shown that all the Nigerian airlines put together may have spent a whopping sum of N150 billion in the...

Zenith Posts N61bn Pre-Tax Profit For Jan-March, 4% Better Than 2020’s

BEVERLY HILLS, May 01, (THEWILL) – Despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic  Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2021, with Profit Before Tax (PBT) rising by...

Copper Hits 10-Year High, Over $10,000 Per Tonne

BEVERLY HILLS, April 29, (THEWILL) – The price of a tonne of copper has traded above $10,000 for the first time in a decade as the rebound from the coronavirus pandemic unleashes a surge of demand from China and the...

United Capital Nets Pre-Tax Profit Of N1.97bn In 1st Quarter 2021

BEVERLY HILLS, April 29, (THEWILL) – United Capital Plc, one of Nigeria’s leading investment banks and a foremost Pan-African financial and investment services group, has announced its unaudited financial statements for the period ended March 31, 2021, showing revenue of...

Ecobank Declares N40.3bn Pre-Tax Profit In First Quarter

BEVERLY HILLS, April 28, (THEWILL) - Ecobank Transnational Incorporated (ETI) has released its first quarter financial results for the period ended March 31st, 2021 showing remarkable performance in all the key financial indices. The Pan African bank recorded a profit...

Unending Fuel Subsidy Debate: What Hope For Consumers, Economy?

BEVERLY HILLS, April 26, (THEWILL) - The Federal Government in a report admitted recently that fuel subsidy has gone up to N500 billion and the Nigerian National Petroleum Corporation said this would not translate into a hike in the...