Business

BEVERLY HILLS, April 11, (THEWILL) - To save over two million jobs and avert threats to about N200 billion projects nationwide, the Central Bank of Nigeria (CBN) has ordered the suspension of all facilities under the Anchor Borrowers’ Programme (ABP)...

BEVERLY HILLS, April 11, (THEWILL) - There are fresh controversies trailing the N2 billion airport project proposed to be built at Wasimi in Ewekoro Local Government Area of Ogun State. THEWILL gathered that the then Minister of State for Transport in...

BEVERLY HILLS, April 11, (THEWILL) - FMDQ Securities Exchange Limited is to fast-track its derivatives market project for rapid transformation of the Nigerian Capital Market as implementation on its platform nears completion. The Exchange disclosed this to Capital Market Correspondents during...

BEVERLY HILLS, April 11, (THEWILL) - As the cost of overseas aircraft maintenance for Nigerian airlines becomes increasingly expensive, mainly due to the devaluation of the Naira, some indigenous investors have initiated plans to set up Maintenance, Repair and Overhaul...

BEVERLY HILLS, April 05, (THEWILL) - ANTHONY OKECHUKWU looks at the intrigues that played out in disbursing the N27 billion bailout fund earmarked for the aviation sector In response to the losses incurred during the lockdown, the Nigerian Government had released...

BEVERLY HILLS, April 05, (THEWILL) - Nigeria’s Tier-1 deposit money banks (DMBs) recorded outsourced services of over N277 billion within a five-year period – 2015 to 2019, investigation through their respective annual reports has revealed. The group comprises First...

BEVERLY HILLS, April 03, (THEWILL) - The Central Bank of Nigeria (CBN) has suspended all loans to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) amidst widespread allegations of bad loans and mismanagement of the apex bank's...

Fidelity Bank Plc has announced a N28.1 billion profit in 2020. BEVERLY HILLS, April 02, (THEWILL) - The bank reported a 50.9 per cent growth in Core Operating Profits from N29.8 billion in 2019 FY to N44.9 billion while Net Revenue...

BEVERLY HILLS, April 02, (THEWILL) - FMDQ Group has concluded plans to hold a Derivatives Market Webinar for capital market journalists under the aegis of Capital Market Correspondents Association of Nigeria (CAMCAN). The Webinar is coming ahead of the launch of...

BEVERLY HILLS, April 1, (THEWILL) - Nigeria’s gross domestic product (GDP) is projected to expand by 1.5 per cent this year, after a contraction of 3.5 per cent in 2020, a United Nations (UN) report said on Wednesday. In the latest...