Business

...Directors’ Cost Shrinks in COVID-19 BEVERLY HILLS, May 23, (THEWILL) – Wema Bank Plc, a player in the minor league of Nigeria’s deposit money banks cancelled loans and advances valued at N2.6 billion in three years.  These are facilities granted to...

BEVERLY HILLS, May 23, (THEWILL) – Nigeria’s aviation sector is writhing in pains at the moment due to high operating costs occasioned by the lingering foreign exchange scarcity experienced by airlines in the country. The situation is worsened by the...

BEVERLY HILLS, May 19, (THEWILL) - Bitcoin plunged below $39,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them. The comments...

BEVERLY HILLS, May 18, (THEWILL) - The African Export-Import Bank (Afreximbank) has closed a US$1.3 billion dual tenor bond issuance, being its largest-ever transaction in the international debt capital markets. Afreximbank, in a statement released on Tuesday, said it printed...

BEVERLY HILLS, May 16, (THEWILL) - The challenges arising from Nigeria’s over-dependence on oil have brought to the fore the urgent need to diversify the economy through agriculture as the nation’s revenue challenge worsens. The talks about agriculture sector...

BEVERLY HILLS, May 16, (THEWILL) - Experts and stakeholders in the aviation industry have explained Nigeria’s exclusion from the benefits of the Cape Town Convention, a treaty that offers tremendous operational and financial benefits to member operators. They advise...

BEVERLY HILLS, May 11, (THEWILL) - FMDQ Securities Exchange Limited has approved the quotation of the Coronation Merchant Bank Limited ₦0.71 billion Commercial Papers (CP). The CPs consist of Series 13 and ₦14.13 billion Series 14 Commercial Papers (CPs) in March...

BEVERLY HILLS, May 10, (THEWILL) - The Mutual Fund Industry made a progressive impact on the economy in 2020, garnering a total asset of N1.6 trillion, a 50 percent increment from the previous year. The growth recorded is only 14 per...

...Fake Certificates on The Rise BEVERLY HILLS, May 10, (THEWILL) - Travellers on international flights are lamenting the exorbitant cost of COVID-19 tests at the nation’s airports as fake test certificates are said to be in circulation, thereby defeating the...

BEVERLY HILLS, May 10, (THEWILL) - Plateau State governor, Simon Lalong, recently signed the Plateau State Revenue (Consolidation) Law, after which he led the government officials into the academics of the enabling law and the ‘public sector strategic engagement...