Business

... As Ticket Sales Dwindle To $151m In Q1 2020 BEVERLY HILLS, February 14, (THEWILL) - Recent safety protocols enforced by many countries across the world, particularly those instituted by both the Nigerian and its United Arab Emirates counterpart by way...

BEVERLY HILLS, February 14, (THEWILL) - The Nigerian government says it will convert the N10 trillion loans it owes the Central Bank of Nigeria (CBN) into a 30-year bond. The ‘indebtedness’ to the CBN was largely by Ways and Means advances...

BEVERLY HILLS, February 14, (THEWILL) - The Securities and Exchange Commission (SEC) has reversed its stand on cryptocurrency and related products, saying it now supports the Central Bank of Nigeria (CBN) which had ordered banks to terminate all accounts connected...

BEVERLY HILLS, February 12, (THEWILL) - President Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company, Infra-Co, with an initial seed capital of N1 Trillion. It is envisaged that, over time, the entity will grow to...

BEVERLY HILLS, February 11, (THEWILL) - Newest entrant into Nigeria's aviation industry, United Nigeria Airlines, conducts its inaugural flight on tomorrow, Friday. The new wings on the block will be cruising with an EMB145 aircraft type from the domestic wing of...

BEVERLY HILLS, February 11, (THEWILL) - Messaging apps such as WhatsApp and video calls on Zoom face stricter privacy rules in Europe, after a draft law passed a key EU hurdle on Wednesday. The EU’s 27 member states approved a proposal...

BEVERLY HILLS, February 09, (THEWILL) - The Department of Petroleum Resources (DPR) has issued a licence for the establishment of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. The department said the plant would have a capacity to process 176...

BEVERLY HILLS, February 08, (THEWILL) - Oil prices today soared to their highest in a year, with Brent futures jumping over $60 a barrel, courtesy supply cuts among key producers and hopes that the US will roll out economic stimulus...

BEVERLY HILLS, February 07, (THEWILL) - The Central Bank of Nigeria, CBN has reacted to the comments, doubts and criticisms that trailed its recent regulatory directive to Deposit Money Banks, DMBS, to desists from transacting in and with entities...

BEVERLY HILLS, February 05, (THEWILL) - Nigeria recorded one of its worst decline in investment inflows in recent times as the capital importation dropped by 59.65 per cent in 2020 to $9.7bn due to the impact of the Covid-...