Business

UBA Makes N132bn Pre-Tax Profit For 2020, 27% Above 2019 Earning

BEVERLY HILLS, March 09, (THEWILL) - The United Bank for Africa Plc (UBA) has announced that its Profit Before Tax (PBT) rose to N131.9bn by the end of the 2020 financial period from N111.3bn at the end of the...

FMDQ Exchange Approves Registration Of Fidson Healthcare N10bn Commercial Paper

BEVERLY HILLS, March 08, (THEWILL) – FMDQ Securities Exchange Limited has through its Board Listings, Markets and Technology Committee, approved the Registration of the Fidson Healthcare Plc ₦10.00 billion Commercial Paper Programme on its platform. This milestone for Fidson Healthcare ,...

States’ N8.3trn Budget: Hope Dims For Economic, Job Growth In 2021

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BEVERLY HILLS, March 08, (THEWILL) - Notwithstanding the grandiose remarks accompanying the governors’ presentation of their 2021 budgets, (“Budget of Blush and Bliss” – Cross River; “Budget of Providence” – Osun; “Budget of Accelerated Recovery” – Kogi; “Budget of...

NSE: Investors Lose N314bn In One Week

BEVERLY HILLS, March 07, (THEWILL) - Investors in the Nigerian equity market lost N314 billion in the first week of the month ending Friday, March 5, 2021, as trading closed in the negative territory compared to the previous days’ performance....

Nigerian-Born Lawyer Nominated To Represent UK At UN Commission

BEVERLY HILLS, March 03, (THEWILL) - The United Kingdom has nominated Dapo Akande, a Nigerian-born Professor of International Law who had his formative legal qualification in Nigeria, as its candidate for the International Law Commission at the United Nations. Currently...

MTN Rakes In N1.3tn Revenue In 2020 Audited Results, Proposes N5.90K Final Dividend

BEVERLY HILLS, March 02, (THEWILL) – Despite the disruption caused to businesses across the globe by the coronavirus pandemic, MTN Nigeria has announced a 14.7 per cent increase in its service revenue to the tune of ₦1.3 trillion in...

Ecobank’s $300 Bond Is Oversubscribed On London Stock Exchange

BEVERLY HILLS, March 02, (THEWILL) – Ecobank Nigeria has listed its $300 unsecured bond on the London Stock Exchange (LSE) as part of moves to increase liquidity and attract more international shareholders and reports indicate it has been oversubscribed. Last...

FMDQ Exchange Admits Parthian Partners N20bn Commercial Paper

BEVERLY HILLS, March 01, (THEWILL) - The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme to its platform. The registration of this CP Programme strategically positions Parthian Partners Limited...

CMC Connect BCW Launches Crisis Management Service For Businesses

BEVERLY HILLS, March 01, (THEWILL) - The unprecedented global health crisis has thrown up the need for businesses to have a crisis management plan as revealed in a research by leading public relations firm, CMC Connect BCW, a member of...

Cryptocurrency: ‘Central Banks Under Pressure To Create Digital Money’

BEVERLY HILLS, March 01, (THEWILL) - Following the sudden rise in value and acceptability of cryptocurrencies and the search by investors for alternative places to put their money, 60 per cent of Central Banks across the globe are under pressure...