Business

How Poor Telecoms Service Marred Yuletide Festivities In South-East

SAN FRANCISCO, January 11, (THEWILL) - Christmas and New Year celebrations in the rural parts of Nigeria’s south-east states would have been a delightful experience, but for the challenge of poor telecommunications services, findings by THEWILL have revealed. The five...

Sriwijaya Air Flight 182: Rescuers Locate Black Boxes, Mount Search For Other Devices

SAN FRANCISCO, January 11, (THEWILL) - There are indications that the Cockpit Voice Recorder (CVR) and Flight Data Recorder (FDR) of the Sriwijaya Air Flight 182 that crashed into the ocean on Saturday would soon be recovered. So far, rescuers searching...

Group Lauds FG Over AfCFTA Secretariat Inauguration In Ghana

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SAN FRANCISCO, January 11, (THEWILL) - The Market Traders Association of Nigeria (MATAN) has lauded the role of the federal government in the inauguration of the secretariat for the African Continental Free Trade Area (AfCFTA) in Ghana. The president of MATAN,...

Twitter Shares Slump 8 Per cent After Permanent Ban On Trump’s Account

SAN FRANCISCO, January 11, (THEWILL) - Twitter's German-listed shares slumped as much as 8 per cent on Monday, the first trading day after it permanently suspended U.S. President Donald Trump’s account late on Friday. The company said suspension of Trump’s account,...

First Bank Hits The Road With Virtual Payment Card

SAN FRANCISCO, January 11, (THEWILL) - First Bank of Nigeria Limited has taken digital transformation to another level with the launch of a virtual payment card. Punch reports that the bank in a statement on Sunday, said the virtual payment...

Telecoms Voice Subscribers Hit 174m In Q2 2019 – NBS

SAN FRANCISCO, January 11, (THEWILL) - The National Bureau of Statistics (NBS) has said that a total of 174,042,116 subscribers were active on the operating telecommunications voice platforms in Q2 2019 from 173,713,842 in Q1 2019, as against 162,032,481...

2021: Banks To Walk A Tightrope Amid Low Revenue Environment

SAN FRANCISCO, January 10, (THEWILL) - Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could...

Commercial Vehicles Top Road Transport Crashes In Q3’20 – NBS

SAN FRANCISCO, January 10, (THEWILL) - Commercial vehicles topped the list of categories of transport vehicles involved in road crashes across Nigeria in the third quarter of 2020 (Q3 ’20), the National Bureau of Statistics (NBS) reports. The NBS said...

Lagos Airport Records 551,380 Pax In Second Half 2020

SAN FRANCISCO, January 10, (THEWILL) - The Murtala Mohammed Airport Ikeja domestic terminal One (MMA) has recorded a total of 551,380 passengers movements with aircraft movements (landing and take-off) at 6,261 between July and December 2020. The manager of the airport...

Finance Act: SMEs, Others To Enjoy Pioneer Status Incentive For 6 Years – Oyedele

BEVERLY HILLS, January 07, (THEWILL) - Based on the recently enacted Finance Act, small and medium enterprises (SMEs) and other agricultural production businesses in Nigeria may be granted pioneer status incentive for almost six years. Pioneer status incentive is a...