Business

NEXIM, Afreximbank Mobilise $50m Funding For Nigerian SMEs

BEVERLY HILLS, March 31, (THEWILL) – The Nigerian Export-Import Bank has announced its partnership with the African Export-Import Bank to mobilise the sum of $50 million to support Small and Medium Enterprises in Nigeria. NEXIM said that the $50 million Project...

Fiscal Practice: TSA On Vacation As Anomaly Takes Centre Stage

BEVERLY HILLS, March 29, (THEWILL) - SAM DIALA writes that the Treasury Single Account (TSA) seems to have suffered serial breaches – suggesting that the much-celebrated fiscal policy has lost steam in government circles Recent developments in the fiscal policy...

World Bank/IMF Virtual Spring Meeting Holds April 5-11

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BEVERLY HILLS, March 29, (THEWILL) - The World Bank has announced that the 2021 Spring Meetings will take place virtually from Monday, April 5, through Sunday, April 11. To accommodate for the time differences between countries, the organizers says...

Equity Market Records N258.1bn Gain In One Week

BEVERLY HILLS, March 29, (THEWILL) - Investors in Nigeria’s equity market smiled home last Friday as trading closed positive with a gain of N258.1 billion or 1.27 per cent increase. The Daily Market Statistics published by the Nigerian Stock Exchange showed...

Air Passengers Groan Under Depleting Airlines’ Fleet Size

BEVERLY HILLS, March 29, (THEWILL) - The decreasing number of domestic airlines and their limited fleet size is giving air travellers a cause for concern, with the cost of air tickets, number of flight delays, and cancellations on the rise. Despite...

FirstBank Reinforces Roles In Women Empowerment, Convenes Annual Event

BEVERLY HILLS, March 29, (THEWILL) - First Bank of Nigeria Limited has announced the fourth edition of its annual FirstGem Conference, tagged FirstGem 4.0. The 2021 event is themed ‘The Art of Negotiation’ and convened to provide women with insights on...

UBA Facilitates Investment, Development Capital Trade Between North America And Africa

BEVERLY HILLS, March 26, (THEWILL) - UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America and the African continent. Speaking...

Mobile Money Accounts Grew To 1.2 Billion Worldwide In 2020, Grossing $2bn Daily Transactions

BEVERLY HILLS, March 24, (THEWILL) - The GSM Association (GSMA) today published its annual “State of the Industry Report on Mobile Money” and revealed that the number of registered accounts grew by 13 percent globally in 2020 to more...

Again, Zenith Is Nigeria’s Best Bank In The Global Finance Best Banks Awards 2021

BEVERLY HILLS, March 24, (THEWILL) – Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World's Best Banks Awards 2021, retaining the award for the second successive year. The bank was among other banks...

United Capital Shareholders To Receive N4.2bn Dividend Payout

BEVERLY HILLS, March 24, (THEWILL) – Shareholders of United Capital Plc, now have cause to smile as they  would be receiving a dividend of 70 kobo per share, totaling N4.2 billion for the year 2020. This came after the shareholders had...